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Justin Wolfers @JustinWolfers
, 3 tweets, 2 min read Read on Twitter
I’ve been coming to the #NBERSI for twenty years, and have never seen a room as full or as attentive as that for Team Raj presenting their latest on intergenerational mobility and race.
Slides: nber.org/conf_papers/f1…
Paper: equality-of-opportunity.org/assets/documen…
Here’s the accesible version: nytimes.com/interactive/20…

Even better, Raj is presenting using the graphics developed by my friends at @UpshotNYT. Truly compelling dataviz. cc @KevinQ
Academics often motivate their work by using press articles as a foil, pointing to the need for a more sophisticated analysis.

What’s new here—almost unique—is a team of leading economists using the work of data journalists as a *complement* to their more sophisticated analysis.
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A few thoughts about this big @nytimes story on Roland Fryer.
nytimes.com/2018/12/14/bus…

Econ-fam, there's a lot here, and we should talk about it. [1 of a few]
I know the reporters @bencasselman & @jimtankersley well and I'm sure they weighed each word carefully. I also know the standard of evidence at the @nytimes is incredibly high.

So I believe everything that they reported.

They've uncovered behavior that is flat out unacceptable.
The article reveals many instances of very poor judgment from someone whose research I had admired. I'm sad about that. It reveals several young women whose careers were tanked. I'm sadder about that.
Read 13 tweets
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Not just bad propaganda, also bad economics: Nearly all qualified scientists are worried about climate change, making them all highly substitutable. An abundant type of labor won’t command high prices.

But a “scientist” willing to tow a contrary pro-fossil fuel line is scarce...
So you can see who gets rich in this equilibrium: Second-tier “scientists” willing to peddle a pro-corporate but unscientific line, because they’re scarce, yet there’s lots of demand for their message.

<snark>Sort of explains Stephen Moore’s entire career. </snark>
Can I just point out the irony here?

Stephen Moore forgot to consider the...

...wait for it...

Supply side. 😅😂🤣
Read 3 tweets
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Payrolls rose 250k in October, and unemployment was unchanged at a very low 3.7%.

Revisions to the past months were offsetting.

All told, the labor market keeps expanding at a robust pace. Indeed, jobs growth this rapid with unemployment this low might be hard to sustain.
Average hourly earnings rose 3.1% over the past year. But don't be misled by that number, because it's comparing this month's earnings with an unusually low month a year ago. Still, earnings growth is creeping up.
The household survey shows a huge +600k jobs created last month.

So weighting the payroll survey (+250k) and the household survey (+600k) using my 80/20 weights, suggests underlying growth of +320k jobs.
Read 14 tweets

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THREAD. They say men are shaped by the women in their lives – mothers, girlfriends, wives. I think that’s true. Like all grown-ass Desi men, I too am an Ammi’s boy. She still buys me my clothes & shoes. [Don’t judge me, alright. That’s what Desi mothers do].
But men are also shaped by other men, and when you tell the story of your life to your kids, u skip out one important man in your life: it’s that asshole friend of yours who u went to school with who introduces u to the mesmerizing and enchanting world of Porn. Yes, the Porn-guy.
Your life is never the same again. Kids, in this tech-savvy world of yours with its instant gratification, you have it easy. ‘Totay bhejo, oye’ is all you have to text in your whatsapp group. But we did not have it easy. There was no whatsapp, torrents or USBs.
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Giuliani, post McGahn story, is on @JudgeJeanine tonight
2. Giuliani just now: "The Mueller team is panicking..."
3. Re Manafort in solitary confinement etc - Giuliani and Judge Jeanine are both quite upset by the treatment. Judge Jeanine says in 30 years she's never seen anyone treated this way. Jeanine was a judge and District Attorney...I'm sure she's seen worse in county jails.
Read 3 tweets
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Last week, after @UKLabour failed to throw out its new code of practice on antisemitism, rumours swelled that #JC9 candidate @PeterWillsman had said some very intemperate things about those who had raised genuine concerns. There is now audio... thejc.com/news/uk-news/b…
Such quotes in the originally reported included “What the rabbis have said about antisemitism in the Labour Party is simply false”... “In 50 years I have never seen any antisemitism in the Labour Party”...
Another quote suggested he said: “Some of these people in the Jewish community are Trump fanatics, so I’ll take no lectures from them.”...
Read 23 tweets
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A short thread on the “dual loyalties” aspect of Labour’s rejection of the full IHRA antisemitism definition. Of all the political parties to come lumbering in on this issue, you’d think Labour might know better. They have history. /1
Here, shortly after the 1967 Six Day War, is Christopher Mayhew, founder of the Labour Middle East Council, explaining why he understands British Jews and their loyalties better than the Chief Rabbi, Immanuel Jakobovits. /2
Here, a couple of years later, is Margaret McKay (who once appeared on a Jordanian postage stamp in honour of her pro-Palestinian activism), on the campaign trail in New York. /3
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#SoftwareTesting
Quotable Quotes on #SoftwareTesting from this talk by @dakami at the inaugural DEF CON China. 1/?
"The goal of this talk is to connect a series of thoughts that you may never have thought were linked...Anything can be linked." 1:15
Read 44 tweets
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I want to introduce you to a Muslim American Slave named Omar Ibn Said, who died in North Carolina in 1864. (A thread HEAVILY based on the amazing work of Ala Alryyes.)
Omar Ibn Said is well-known in the world of African-American and Islamic studies, but Omar and people like him need to be a part of everyone’s history (every month).
Fortunately for us, he left a short autobiography, written in Arabic, which is available in English translation. He was born in what is now Senegal circa 1770.
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