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Most if not all econometric results are unverifiable:https://shift.newco.co/what-do-economists-know-199bf5793ae6#.2qbrqsjgk …
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Russell Roberts Retweeted
A great example of spontaneous order that I'm sure
@jroii and@EconTalker would appreciate:https://www.wsj.com/articles/why-take-uber-or-lyft-to-work-when-you-can-hitchhike-for-1-1488902348?tesla=y&mod=e2fb … -
Profits of top 5 banks have "soared" under Dodd-Frank: http://www.reuters.com/article/us-usa-banks-marketmaking-idUSKCN0S11KS20151007 … No causation but big banks aren't suffering.
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Public sees Dodd-Frank as justice. It restrains Wall St! Wall Street sees it as opportunity to impose compliance costs on small banks.
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Not surprising that Dodd-Frank has been good for Wall Street, bad for small banks, and Main St. Like many regulations, good for large firms.
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In reply to Matt West
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@Race30007@WilliamCohan@Morning_Joe Like many regs, it reduces competition. Good for large, existing firms. Bad for the rest of us. -
Russell Roberts Retweeted
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Russell Roberts Retweeted
A new RPP reanalysis concludes "more than 90% of tests performed in .. psychology .. tested negligible effects" ($) http://www.tandfonline.com/doi/full/10.1080/01621459.2016.1240079 …pic.twitter.com/cQewTFOB6s
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Russell Roberts followed Rebekah Iliff, Uri Simonsohn and Tamar Haspel
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@rebekahiliff
Currently Chief Strategy Officer at tech company
@AirPR. Co-founded@talkTECHcomm. Writer and Entrepreneur at heart. -
@uri_sohn
Behavioral Scientist & Pragmatic Methodologist. Blog: http://DataColada.org :
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What economists know and don't know. My somewhat pessimistic take on econ with a few rays of light to bring cheer:https://medium.com/@russroberts/what-do-economists-know-199bf5793ae6#.fkfh136la …
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Vegetables are not the answer, alas. Fantastic facts and analysis from
@TamarHaspel:https://www.washingtonpost.com/lifestyle/food/we-need-to-feed-a-growing-planet-vegetables-arent-the-answer/2016/12/15/f0ffeb3e-c177-11e6-8422-eac61c0ef74d_story.html?utm_term=.92bb89d52a07 … -
What are the economic challenges facing Europe? TWET: Crafts, Garicano and Zingales discuss:http://www.econtalk.org/archives/2017/03/crafts_garicano.html …
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Don Boudreaux's thoughtful response to my essay on data and John Cochrane's follow-up:http://cafehayek.com/2017/03/john-cochrane-on-russ-roberts.html#more-42348 …
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Russell Roberts Retweeted
Thanks a lot
@EconTalker &@paulbloomatyale you ate up a chunk of my Sunday morning, inspiring this geek-out.http://www.nationalreview.com/corner/445505/econtalk-empathy-austrian-school … -
In reply to Jonah Goldberg
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@JonahNRO@duke_rami sorry. Big fan. Haven't read LF. Sounds like I would like it. -
Russell Roberts Retweeted
@EconTalker Yes, but not only economists! Also social sciences + biomedical + ... okay all empirical science esp anything w regression -
Russell Roberts Retweeted
Great follow up to
@EconTalker's piece by@JohnHCochrane. Economists are good BS detectors and need more Hayekian humility.https://twitter.com/JohnHCochrane/status/837724084003733504 … -
Russell Roberts Retweeted
@EconTalker This should not be restricted to empirical findings in just economics. -
The emperor of economics is naked: https://medium.com/@russroberts/what-do-economists-know-199bf5793ae6#---0-743.2pnofsz7t …pic.twitter.com/rOPoNl0buO
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