John Ruf
@JohnRuf6
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Putting the CON back into econometrics
Chicago
Joined August 2020
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Empirical social science and econ RAs/predocs, do you have regular code review as a part of your workflow? Regular meaning more frequently than once a month.
Yes
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My PI never reads code
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See results
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@alz_zyd_
Probably the fact that *every* class in primary school had multiple presentations a year.
Its probably the easiest way to pass time in a classroom, split the 30 students into 10 groups of 3, have each present for 15 minutes, boom that's like 3 days of no work.
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@83dollaroring
Also the whole thing with shooting ball bearings at sheets of steel to make it stronger is goofy as fuck
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What really pisses me off about the GRE is just how huge of a waste of time, effort, and money it is. Like I would understand studying for the math subject exam. Or an Econ subject exam. Or a physics one. That makes sense to me. Practicing being perfect at random ass math /N
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First acceptance of the season. Good indicator that I didn't do something stupid like misspell my own name/my LOR writers names on my apps.
Good offer too. It seems that I will not be doing a "starving grad student" arc.
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@florianederer
@AnthonyLeeZhang
Live Tweeting the Money and Banking Seminar today.
I see PhD students of every stripe circling around the room like a pack of hungry wolves.
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@RickyHowcroft
@nathanallebach
This is insane. Rezoning to allow businesses and offices in walking distance of residential areas is so far from CBDCs and passports it's in a whole nother universe. WEF has practically nothing to do with how China oppresses it's citizens.
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I am so happy to say that I got into the
@HarrisPolicy
's MACRM program with a scholarship!!
I am so incredibly grateful to my friends, my family, my girlfriend, and most importantly my mentors who helped me get this far.
Next step: Find as much extra funding as possible!
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@BBurde
@engineers_feed
Evolution isn't necessarily efficient, evolution is just what happens to survive.
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@AaronJStaples
Reminds me of dynamics in engineering school: "Bro, I got a 67% on the final, I'm in the top 10% of the class right now!!!"
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@snoopy_dot_jpg
@_Jason_Dean_
@eigenrobot
Ah yes, now that being homeless is slightly more palatable, I believe that I will now exit my lucrative career and instead go sleep out on the street.
I will gather all of my coworkers to take advantage of this phenomenal opportunity to substitute towards a career of begging.
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@Mugsy0151B
@engineers_feed
and the funny thing is that it was much simpler to use hydraulics than electronics once upon a time.
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@peliqueiro88
@willjennings80
@LangeAlexandra
Also that this prison is government enforced: Parents who live in walkable areas can't let their kids out even if they want to.
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I gotta say today was the best. It's not even really the career stuff.
I truly live a blessed life in the greatest city on the planet, friends with the best people, dating the most beautiful girl and working with the smartest minds.
Thank you to everyone who made this possible.
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@shahh_hema
@causalinf
another good one:
also economists: there is literally no way i can predict if you'll be a good researcher unless you can solve 40 8th grade math problems in 2 hours with no mistakes
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@erich_luepke
@TrevonDLogan
well, its even more disheartening when you look at who gets hired for predocs. Basically if you didn't know if you wanted to be an economist at 16 then life is really hard for you. You really need to go to a flagship state school or better, or a lot of your apps get trashed.
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@thetrompwner
Hey in the 40s factory workers had a beer or 5 during the old lunch break. Can't be killing Nazis sober!
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is just a total waste of my time. I could be working on my writing sample, which may (hopefully) actually be of some use to someone in urban governance. I could be relaxing. I could be doing literally anything else. But no, being perfect at high school mathematics comes first.
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Its so weird for such a mathematical talk to have no definitions or proofs in it. I was expecting something much more mathematical than going around the issue in coding cubes, YouTube videos, etc. He's showing a video "gauge theory as calc done right pt 1"
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@nominalthoughts
You're right, raw tomatoes, olive oil, salt, and black pepper is a great snack.
No salt? come on.
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Man econ PhD applications are getting super competitive
My 10-yr-old nephew likes airplanes and I'm trying to use this as an excuse to teach him data science. so can anyone point me to free public datasets on airplanes/flights/the like, so I can make up a plausible-sounding excuse to make him write a paper
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@ShengwuLi
No an entire seminar dedicated to bashing a junior colleague is always wrong and unprofessional.
There's a battleground for these kinds of decisions and it's in the journals. He doesn't like something put out a comment on it.
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@waitbutwhy
@ATabarrok
There's more possibilities than that. There's also the "dead space" possibility of there being a freaky xenocidal species that kill all life they find.
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@RickyHowcroft
@nathanallebach
Like it'd be way easier to use car licenses for social control than 15 minute cities. With 15 minute cities you can just... Walk out of there? Nobody is advocating for walls except for the walled communities in the suburbs... Who are against these reforms.
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For anyone applying to grad school this year,
I made a quick build automation system to easily tailor your SOPs.
It's much easier to hunt for typos when text only appears once rather than ~20 times.
You can find it here with instructions:
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@weatherdai
Y'all just don't know how to cook.
I can make a weeks supply of curry with $8 of chicken, $6 of coconut milk, $5 of veggies and cook it with rice. I can also freeze half of it and it'll stay good for up to 3 months.
It costs like $20 for a single jimmy John's sub nowadays.
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Absolutely excellent substack article by
@antonhowes
.
The history of thermodynamics is very interesting, regardless of your field.
It also has an interesting anecdote: Sadi Carnot made great discoveries using a bunk theory!
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@jkanownik
@paulg
@benthompson
I don't think you can disentangle costs from the anti-nuclear movement.
Because the anti-nuclear movement causes prohibitivelt high costs (through public policy) to stop construction it's inaccurate to point to current costs rather than costs in relatively pro-nuclear states.
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@Sara_Razi29
Eh, to be fair there's a bit of a lively debate about this in higher-level economics - leaning towards the idea that small changes in the minimum wage yields tiny changes in unemployment.
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@Mugsy0151B
@engineers_feed
activating magnets sequentially to start rotation man, that is some wacky ass shit right there
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@_AlvinChristian
Also good to mention that many programs bar students from having outside jobs during their Ph.D. Not sure if UMich does that.
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WE'RE SO BACK BOYS
National Lab (LBNL) results support LK-99 as a room-temperature ambient-pressure superconductor.
Simulations published 1 hour ago on arxiv support LK-99 as the holy grail of modern material science and applied physics.
()
Here's the plain-english
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It's really difficult to read Friedman's monetary history and not immediately see the level of depth and care he and anna schwartz took.
So many empirical economists in that era just pumped out inane garbage with no level of care or thought put into it.
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@beefydingus
@alz_zyd_
Born and raised in Illinois. Got the terminology from spending a lot of time with international students. Brother and sister went off to england, my MA program and job now is mostly internationals.
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Idk how anything he's saying answers the question of how it impacts anything we care about...
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@analisapackham
The pandemic has been awesome for online trolls who do nothing but dunk on other people for living fulfilling lives and genuinely caring about things. Brought everyone down to their level. Those trolls are going to keep milking this for as long as they can.
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@joeyayoub
You shouldn't have allowed your 11 year old unrestricted access to the internet. Much less social media. You're lucky this isn't the case with neo-nazism instead.
I didn't have unrestricted access to the internet/social media until I was like in HS, which is a little better.
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So these numbers don't mean anything without thinking hard about what the graduate student application market looks like across disciplines.
Eg. if Education grad programs accept anyone with a pulse, and Econ only accepts prodigies, then selection issues take hold.
I AM PUTTING AN END TO THIS ARGUMENT.
Here are the Verbal and Quantitative GRE scores by college major. Here are the key takeaways for those of you who struggle with interpreting data (yes humanities, I'm talking to you):
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Man I would really enjoy some definitions and using the slides to go through his argument instead of batting around the issue. I think having a print copy of the manuscript would also be useful here.
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Like at least being good at econ problems has some potential of being useful down the line. Or high-level analysis ones. Memorizing weird things like "GRE questions let you assume two line segments are straight if they look straight, but never otherwise" is just fucking inane.
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@captgouda24
@Simon_El_Gato__
Um, no.
Consider a study of the effect of mixing 0.5ml of chemical A with chemical B on the mix's temperature. Assume all error comes from imprecision in the quantity of A.
There's no law of chemistry that forces the measurement error of the measurement device to be normal.
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@CatholicClod
its a catch-22, you protest in ways that have actual consequences? You're a privileged kid who can indulge in luxury beliefs.
You protest in mostly symbolic "raising awareness" types of ways? You have no skin in the game and doing it for clout.
Personally I prefer the former.
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@RickyHowcroft
@nathanallebach
Like assume that such a shadowy cabal exists and wants to do this kind of oppression. Wouldn't it be much easier to do this by forcing people into car centric communities 10-15 miles away from work and food, and then make them get supplies delivered by taking away licenses?
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@ModeledBehavior
I made an engineering substack post one time about the mechanics of caterpillar swarms and
@AnthonyLeeZhang
liked it and got me an initial interview for my current job as a predoc.
Now here I am waiting for my code to compile while eating lunch.
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@cyberspcecowb0y
@ChristoSavaides
@LinkofSunshine
Real means after taking out inflation and COL differences. Median real income means you take the list of households by nominal income, adjust that for inflation, and then take the median.
If you adjust real income by inflation it's a meaningless number.
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"Can you give us any sense of back of the envelop changes in CPI and other major indices that your method improves? Does inflation go up or down with your new index"
Weinstein's response:
"Going into a functional form assumption...."
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@creekwv
@83dollaroring
That is another thing that I expect dark souls to use at some point.
"Radahn slammed his great sword so hard into morgh's that the two fused and became the strongest great sword known to the lands between"
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@ShengwuLi
My boss literally reviews every line of code I write. It's great. I know other RAs who are very worried about this also, but I get to sleep at night knowing "At least its not ONLY my fault if I accidentally introduced a bug"
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@kvallier
This is probably the only article on neoliberalism I've read that doesn't devolve into bizarre strawmans and crazy conspiracy theories. Finally someone takes Hayek, Friedman, and Buchanan on their own terms instead of trying to shoe-horn them into some kind of box.
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@CamBamJamFam
Acknowledging that tradeoffs exist isn't calling for less safety my guys. The correct response to an engineering failure is to redesign and fix the failure, not to stop doing the thing the design was trying to do in the first place.
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@emmy_smiles8
@engineers_feed
I think that's just an equilibrium condition of optimizing on time. Like there's always a better solution but the additional time it takes to get that solution is not worth the benefits it has.
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@JosephPolitano
@besttrousers
Accepting everyone qualified and weeding out is infinitely more equitable and meritocratic than the current "you get in only if you jump through enough pointless hoops" that pervades academe imo
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He's talking about going from ordinal utility to a cardinal mapping, of which there is an infinite number and going back to a new ordinal utility function. It sounds like he's basically describing what economists think are just monotonic transformations of utility functions.
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@mettlinger
@arindube
Full employment is a defined term you can find in any introductory macroeconomics textbook.
It essentially means that anyone who is searching for a job can find a job.
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Interlocutor: "We get that you're worried that we wont understand the math, but if we don't know something we can just ask you for a definition and work from there."
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@hovermyr
@Roughly9owls
@LenKusov
If you think that these would be effective attack dogs then you really need to learn about real-world robotics. Spot can barely dance!.
Police have a much cheaper and more violent option for that: Live attack dogs. Most likely they'll use these for surveillance.
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@IlliniBizDean
I'm just waiting for the first university to realize that they can get the next generation of nobel prize winners from simply expanding their ability to take on PhD students.
Seriously, if one top-30 program doubled they'd get sooo much bang for their buck now.
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@jimmysong
Rational measurement is when a currency has hype. Irrational measurement is when a currency doesn't have hype.
"Woops the pizza I bought 20 mins ago turned out to actually cost 1000% more cuz daddy elon tweeted right afterwards, aw shucks"
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@john_voorheis
Also good to mention the mental health crisis of econ PhD students here. We have like 2x the rate of depression than other students.
You take a bunch of people who never made a mistake and put them in a field where that's how you make progress, and what do you get?
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A student is saying exactly what I am thinking: What do you mean by tangent bundles in R+?
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Very successful NYE party thank you all who came.
That kirkland tequila really te-kills-ya
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ok lets be real here, Khalduun curve sounds way more badass than laffer curve
the "Laffer Curve" should really be called the "Khaldûn Curve" (Ibd Khaldûn originated the concept back in the 14th century), but regardless; empirical estimates for the actual shape of the curve do not line up with supply-side gospel, even if we accept a "tax cuts → growth" arg
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Just replaced my keyboard on my
#framework
laptop $40 and a couple of screws later, water damage is fixed
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It's weird. I'm ok with my apps outcomes from a functional viewpoint but the apps process is causing a lot of self-doubt.
I _know_ this process is idiosyncratic and a very poor signal of talent but my gut wants to read into it way more than I should.
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@himbonomics
I use a 50/50 mix of salt and MSG. Reduces sodium intake by ~25% and is absolutely delicious
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@Lib_Development
@AirlineFlyer
@theaircurrent
*taps the sign*
There are no "skill issues" in manufacturing. You either have a functioning, proactive quality control system or you don't. Inspection is not quality control. If you gut quality, continuous improvement, and six sigma this is what you get.
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@KeithNHumphreys
@samhaselby
@Midwest_bet
A lot of it is just being interesting to upper class folks who do admissions. Naturally people aren't interested in hearing how you worked 3 jobs over the summer, that's depressing. Hearing about how a trip to Rome your parents paid for changed your life, now that's interesting!
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@DrChrisCombs
My senior design project entirely consisted of $3000 of McMaster carr parts, one really expensive motor, free aluminium some company gave to the school, some scrap, and the ritual sacrifice of hundreds of hours of sleep
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@IlanStrauss
@florianederer
Journal articles are a fucking terrible way to convey info to people who are not already knowledgeable in a subject. That's a big part of why PhDs are so hard.
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Anyone got a good "idiots guide to network theory" or something akin to it? Lecture notes or equivalent would be phenomenal
@YuChixchaos
@ben_golub
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@Claudia_Sahm
Man I respect that she actually went out and talked to people. Too many people just get a dataset and go to town without going around and talking to people.
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@EckroteMarissa
MAPSS at Uchicago offered me significant funding, I'm paying less per year for MAPSS than I did in ugrad.
MACRM is also a phenomenal program that typically offers a fair amount of funding. Note: MACRM is not good for macro folks, they focus in public policy and applied stuff.
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Like the thing is that he doesn't give a sense of the degree of error of current indices?
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@Claudia_Sahm
For reference, here's the "claim"
"that diverse economists would somehow magically be able to forecast macroeconomic futures better than white male economists"
Yes, I think having a more varied perspective helps with prediction. That's like criteria 1 of "The Wisdom of Crowds."
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@neocentrist
is definitely better at livetweeting this than me. Its hard for me to hear all the questions: A lot of this is talking about the exact mathematics involved here. There's a lot of talking past each other that seems to be going on.
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I got good news! ChatGPT3 will not be doing Price Theory homework anytime soon.
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When Chris Rufo offers a humanities PhD the possibility to be employed.
If you’re an academic having a career crisis on here Chris Rufo appears and offers you power and the desires of your heart if only you’ll join him
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