Can’t stop thinking about this story. A *QUARTER* of all CT State troopers wrote tens of thousands of fake tickets to fake white people, likely to hide over-policing of minorities. Both the number of tickets and the share of troopers is ASTOUNDING.
In one of the most bizarre and morbid events I’ve ever heard of, my brother was admitted to the hospital last night with COVID, but they didn’t have a room for him. Eventually, they found a room for him when another COVID patient passed. That patient was my sister’s boyfriend.
@4oreverNADay
@EmilieIkedaFOX5
I think it’s powerful b/c it IS sad. Not even a global pandemic or their own virus-riddled bodies—not even death—could erode the love and commitment these precious human beings felt for each other. In senseless, meaningless tragedy, they held fast to each other. THAT is powerful.
Two lessons from Econ 101 that will benefit us all today:
1.) The law of diminishing returns means that, at some point, taking a break to do something you love is better than working 1 more hour.
2.) Good intentions do not guarantee good outcomes (in both advice and policy).
Absolutely thrilled to announce that I will be joining
@Trinity_U
in San Antonio, Texas as an Assistant Professor of Economics in the fall. I *cannot* imagine a better fit and am absolutely bowled over with gratitude to so many people.
That's PROFESSOR Harrell, y'all.
/1
@LFumarco
That’s exactly what’s got me curious as well! Tickets are revenues for these departments. Does this imply that those reported revenues came from elsewhere? In other words, could this be considered money laundering?
In the spirit of the olden days of
#EconTwitter
, I thought I’d write down some notes on finishing up my first year on the tenure track (in a liberal arts setting) in economics. These will be in no particular order and kind of stream of conscious. Let’s have a convo about it! 1/N
A little teaser of my new paper: my main results in one figure. What happens when you ban sexual and gender identity change efforts (sometimes called conversion therapy), a practice known to dramatically increase psychological distress and suicidal ideation/attempt?
Proctoring an exam rn. Saw a student muttering under his breath and kind of...dancing? Got a little closer and y’all...this student is reciting what appears to be a rap he made up to remember what I’m almost certain is the formula for price elasticity if demand. What a hero. A+.
@ProfessaJay
The EJMR paper teased by
@florianederer
@paulgp
and
@DataKyle
to be presented at NBER Summer Institute got leaked today. Many people thought it was a meme or joke at first, but the author present a plausible way of identifying IP addresses for 10s of thousands of users.
I have amended my position on the $15 minimum wage. Many are saying that the below policy is more ideal. I as a strong
@jdcmedlock
-ist, I’m inclined to agree.
In some personal news, I’m so thrilled to announce that I’ll be joining the
@LGBTPolicyLabVU
at
@VanderbiltU
as a postdoctoral researcher starting this summer!!! I’m absolutely overwhelmed with gratitude and excitement, and I honestly cannot think of a better fit.
Teaching monopoly theory in Intermediate Micro tonight and showed a counterexample to the classic “rent control decreases available units” and two students were *completely* distraught. They said “but it’s basic Econ 101.” I pointed out that this class is Econ 3910, not 101.
Now that everyone’s home from
#ASHEcon2024
, I wanted to expand on a running conversation I had with a bunch of grad students who met with me.
NOBODY TEACHES YOU HOW TO CONFERENCE!!!
Well, let’s do a quick thread on how to conference (as a PhD student) /1
@ProfessaJay
@florianederer
@paulgp
@DataKyle
EJMR is currently melting down with people convinced their careers are in danger, presumably because they’ve said some very nasty and/or stupid things in locations that will easily identify them.
In the end, nothing of value will be lost.
Things I never thought I'd do in Game Theory: cry with a student over Zoom because they just lost their 2nd parent to Covid-19. Def was NOT trained for this. Def NOT likely to be over it any time soon.
I have a theory of EJMR that contrasts it from sites with ostensibly the same function like Urch or Reddit (r/badeconomics, etc).
Econ grad programs are extremely hard to get into for the average undergrad, and so you look under every rock for info, an edge to help you out. 1/N
Hey
#EconTwitter
I want to talk today about an enormous failure that I've experienced over the past few months. It's one that I've found both personally and professionally demoralizing, but hopefully you can find something useful from it. 1/13
Hey
#EconTwitter
, if you know a graduate student attending
#ASSA2019
that doesn’t have housing yet, please DM me. Me and a few of my fellow Econ PhD students at Georgia State here in Atlanta are opening our homes to fellow grad students FOR FREE. Please retweet for exposure.
So thrilled to be able to finally congratulate one of the best mentors and finest people I’ve had the pleasure of knowing.
Kitt Carpenter has won the inaugural
@AEAjournals
Distinguished Service Award for his contributions to the econ profession and work with
@LGBTQ_Econ
. 🎉🎊
A friend and I were talking about this EJMR paper and I think the most depressing thing for both of us is just how common the toxic views are. How many people have smiled in your face at a conference only to write the most virulent shit minutes later on that hellsite?
You cannot comprehend the terror of being a queer kid with homophobic parents. You cannot fathom the damage of learning from a very young age that love (even from your parents) *IS* conditional. Thank goodness this amendment failed. The whole bill should.
A new amendment to the “Don’t Say Gay” bill in Florida would explicitly require schools to out LGBTQ students to their parents within a six-week timeframe
In the wake of Alan Krueger’s passing, I want to do a thread on the S-word. When I was 15, I attempted suicide. Sadness and loneliness characterized my whole existence and I couldn’t imagine ever feeling anything but hopelessness and pain. 1/N
This may not seem like a lot, but this is a key to the classroom where I’ll be teaching Principles of Micro this semester. It’s MY class with MY name on the roll. Wish I could express what I’m feeling right now as a first generation college student. Mostly gratitude...and terror.
@kylegriffin1
"The Constitution...generally requires that all Americans be treated as equal (absent a program narrowly tailored to serve a compelling government interest). The desire to remedy societal discrimination is not a compelling interest."
Yikes, Kavanaugh. Yikes.
Ah yes, if only economists were more concerned with...*checks notes*...endogeneity?
Did I miss an entire sequence of PhD econometrics courses? Have I slept through literally every seminar I’ve ever went to? What even is causal inference? IS APPLIED MICRO EVEN A THING?!
"Endogeneity? What's that?" - "Economists" tend to cling to whatever assumptions are necessary to apply the techniques they favor(and support the ideology they subscribe to).
#sunkcosts
#ideologicalsunkcosts
Professional economists (both academic and nonacademic), take note. This is precisely how you don’t respond to a student that pushes back against a claim you make.
“Representation feels something like hope.”
Happy to be joining the first ever
@LGBTQ_Econ
mentoring conference as a mentor. Community has made all the difference for me. Thrilled to join these amazing PhD students and mentors.
Thanks
@Susan_Athey
for the introductory keynote!
As an economist, it’s always so disconcerting for me to see politicians speak with such certainty on complex economic phenomena. I’m supposed to be an expert in this and I’m not certain about much of anything!
@FromKulak
As you can see from your comments, the narrative pushback against this persists specifically because some groups politically NEED the horrors of economic life in the past to actually be a quasi-utopian agri-state untouched by the ruinous hand of capitalism.
I sometimes get asked why affinity groups (like
@LGBTQ_Econ
) are important. Because when people hate you enough to murder you for existing, the mere act of existing openly in spaces you live and work IS resistance.
Love and solidarity to my precious 🏳️🌈 siblings in CO.
So, I get it. Economists don’t eat at fast food joints or buffets. Please tell me you joyless fiends have at least tasted the joys of Waffle House 😭😭😭.
Thought
#6
: Make friends outside work. You do not realize how much hanging out with academics will rot your brain’s ability to function like a normie. This is how academics get crazy and out of touch. Go touch grass with people who don’t have PhDs. 7/N
@cafreiman
Calling those unfaithful to their partners “cheaters” is dehumanizing. Calling people who intentionally, joyfully, and materially harm minorities “racist” is dehumanizing. People behaving in inhumane ways are subject to social shaming. I’m sorry if it hurts their feelings.
Putting the finishing touches on my JMP this week, so I'm going to drop a teaser. I'll post a full thread in the coming weeks, but here's my paper in one figure /1
I am truly gutted by the Heckman interview that’s being circulated. So much baggage in this discipline, truly an albatross around our necks, and deeply demoralizing.
Been thinking about the situation in Texas and am disgusted by the response from the left. If you call yourself a progressive and are barely restraining glee at the prospect of your political enemies freezing to death, you should ask yourself when your humanity began to wane.
Here are some lessons I learned: 1.) Trust your supervisors. They're there to help and to PROTECT you. 2.) Ask for help. You don't get bonus points for going it alone and fumbling around in the dark. 3.) Learn to speak non-econ to non-econ potential colleagues. 11/13
I’m so thrilled to announce that I’ve been selected to receive the 2021
@aysps
Excellence in Teaching award on behalf of the Economics Department. I make no effort to hide the joy I find when I
#TeachEcon
, and I’m so grateful for the many opportunities to teach at GSU.
“To estimate the effect of wildlife population size on probability of accidental gun death, we exploit geographic variation from an exogenous shock to wildlife food supply as an instrument for a population shock.”
I’ve been waiting for my entire adult life to say this, but we turned GA blue. Thank you
@staceyabrams
. You deserve every bit of credit for this. I’m so proud. So so so so proud of my home state.
8 years ago (in undergrad), I was outed & nearly lost everything. It was bad. I missed a lot of class, but a dear prof told me “Who we are is the only person we can be.” I had the chance to share those words in a similar context tonight. It feels like a gift from the universe.
So here’s my part: my name is Ben, and I’m a suicide survivor. I’ve been so desperately sad that I needed professional help working through it, and felt so completely alone that I couldn’t get out of bed. Maybe you have felt that way, too. Would you like to talk about it? Fin/N
There’s an economics lesson in this somewhere, but I am driving 100 miles in 5 hours to get a vaccine when I could wait a month and drive 2 miles.
Worth it? Unquestionably.
I remember being 15, pretty sure I was gay. I was so scared. I could never have imagined this world. I hope someday every person who has felt marginalized gets to feel something like I feel when I see this image.
#ThanksMayorPete
#RepresentationMatters
@PeteButtigieg
A touching moment between a man running for President, and his husband. Sending a message to every gay kid in America that they can not only be out and proud, but anything they want to be in life.
Thought
#10
: Treat your department admin like royalty. They will save your butt so, so many times. Be on good terms with IT. Know the people in the Teaching Center. Be besties with the benefits manager. Some of the most consequential people on campus don’t have phds. 11/N
@TrevonDLogan
I got in trouble in early elementary school (somewhere K-2, can’t remember) for saying it because it was so ubiquitous at home that I never learned it was a “bad” word. Heard it all the time at school from other kids and sometimes the teachers (though never in class).
10 years ago today I began the journey to complete undergrad. It seemed an insurmountable dream. I was a non-trad, first gen student, had no family support and didn’t make a lot of money. But here we are.
Always be faithful for the full potential of your dream.
What's your favorite weird economics story to tell in class to illustrate a point? Mine is the Great Hanoi Rat Massacre, which illustrates unintended consequences of well-intentioned policy.
I’m so thrilled to see all these new PhD students announcing their acceptances on
#EconTwitter
. My PhD journey has been such a great joy, and I hope yours is too. Never lose this excitement. People can sense scholars who love their craft and are drawn to them and their work.
@jdcmedlock
Eldercare is the crown jewel of civil society. It’s a message of fundamental fairness: pay your dues, do your part, and be the best you can be secure in the knowledge that we will NEVER throw you away. Even above childcare, eldercare makes us human.
Thought
#3
: In God We Trust, All Others Pay Cash.
Get it in writing. I don’t care how much you like your chair or dean or AVP for Faculty Euphoria, if you are told something professionally consequential, get it in writing. Memorialize it in an email if you must. 4/N
@itsafronomics
I try to mind my own business wrt this kind of stuff, but I was thoroughly grossed out. She couldn't even wait until he was out of her class? Out of the program? If I were chair, there is NO WAY that I would ever sign off on a relationship b/t a prof and student IN THEIR CLASS.
Tag yourself.
I’m a rookie my first day on the beat with the Pronoun Police. I’m nervous that my colleagues might be prone to excessive use of force but I’m too scared to say anything on my first day.
4.) OMFG FAIL ***QUICKLY***!!! 5.) Don't get too emotionally invested in a project, especially one that isn't fully realized yet. And probably most importantly: 6.) Don't let the loss of one project stop you from searching for another one. 12/13
What an awesome night here at
#ASHEcon2023
. Great happy hour with
@LGBTQ_Econ
health economists, and karaoke afterwards with new friends and old. Being in community with these WONDERFUL people makes all the difference.
Thought
#5
: Spend your damn startup funds. They usually don’t even roll over from year to year, they are YOURS, and nobody is giving you bonus points for being frugal. Buy a perpetual license to Stata. Go to all the conferences even if you aren’t presenting. ZERO BALANCE! 6/N
Possibly unpopular opinion (among economists): companies (principally pharmaceutical) should enjoy patent lengths proportional to the amount of public funding they use in R&D. In other words, all govt R&D grants should "cost" companies X number of years of patent protection.
Teaching someone to use Stata right now and I realize just how inelegant my code is. I brute force EVERYTHING, there's nary a loop in sight, and macro who? My only redeeming quality is I make enough comments that a child could figure out my code.
Anyway, I hope this helps somebody out there. Imploding ideas aren't the end. They're very often the beginning! It can be hard to move on, but science is an iterative process. You chew the meat and spit out the bones. Keep searching, friends. Onward and upward! 13/13
Thought
#7
: Get a hobby. TikTok is not a hobby. TV is not a hobby. Video games are not a hobby. Reading (fight me) is not a hobby.
These are forms of entertainment. Do not saturate your off-time with entertainment. It’s bad for your mental health and leaves you isolated. 8/N
"Professor Harrell is without a doubt the most nurturing professor I've ever had. I could feel with every class how invested he was in my education. I learned a lot about game theory. I learned even more what it means to be a good person."
-anon course eval
😭😭😭
I am a literal expert in the area of health insurance, and understood maybe half of my new benefits disclosures. Why are we so bad at this? Is it necessary for everything to be so Kafkaesque?
OK, I'm starting to think the job market was just a bit delayed this year. Two calls for interviews today. When I tell you I'm breathing the most enormous sigh of relief of my life!!!!
The ERP was never a bitter pill for me. I am the son of a sawmill supervisor and a high school lunch lady. Getting an undergrad degree was achievement enough for me, and a PhD was an impossible dream. For some, though, the ERP causes a descent into madness. 4/N
Now that
#ASHEcon2022
is wrapping up, I want to point out some PhD students whose scholarship and professionalism have deeply impressed me. This list isn’t comprehensive and I’m sure I’ll be remembering others to add, but here’s a start… /1
Thought
#13
: You CANNOT be passive. Did you get published? Tell people. Did you put in a grant? Tell people! Similarly to
#3
, if it happened and nobody knew about it, it didn’t happen. This will feel weird. It will feel like bragging. Resist that characterization. 15/N
Ok,
#EconTwitter
, what are the standard interview questions/prompts all JMCs should be ready for? I'll start:
1.) Tell us about you.
2.) Tell us about your JMP.
3.) Tell us about your research.
Showed my students Anne Boeing’s work on course evaluations today and asked them to think *carefully* when evaluating instructors who are nonwhite or women. They’d never heard about bias in evaluations! Why are we not making this a mandatory part of evaluation process?!
A dude just suggested a date in which we take a tray of Chik-Fil-A nuggets and a package of King’s Hawaiian rolls to the park before going to see a Fleetwood Mac cover band, and I’m just over here like “is this what love feels like?!”
Thought
#1
: Everyone is going to tell you that you’ll get nothing done. You will doubt them.
DO NOT DOUBT THEM.
Keep your head down, incorporate all the good feedback you got for your JMP/pipeline papers, and GET THEM SUBMITTED. That’s your primary goal. 2/N
For all the work yet to be done to overcome the long shadow of our discipline’s past, it’s nice to find these little nuggets in our history. I’ll always call economics “the dismal science” with some pride now.
Thought
#12
: Start enjoying gains from trade. See a financial advisor. See a personal trainer. Send your laundry out. You don’t have to do everything yourself anymore. You will have so much more energy if you learn to not try to be superhuman. 13/N
Warren is the closest thing we could get to a modern FDR. In fact she is probably smarter than FDR and has stronger moral instincts. But because she's running in 2020 instead of 2008, it's hard for her to take FDR's boldly optimistic tone. We're not in the depths of a depression.
There are few things as embarrassing as being publicly wrong about something, especially in a place as unforgiving as Twitter. Show grace & empathy, which can be as simple as letting someone save a little face. Remember that the same thing can happen to you—we are all human!
This is related to
#12
, but SEE A THERAPIST. Oh my god you do not even realize how much grad school has effed you up, and therapists have training you do not and are better than you at working through it. 14/N