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Justin Sandefur
@JustinSandefur
, 10 tweets, 4 min read Read on Twitter
A clever test of ideological bias among economists.

@JavdaniMohsen and Ha-Joon Chang ask economists whether they agree or not with quotes (mis-)attributed to more or less mainstream or heterodox figures.

Blog: ineteconomics.org/perspectives/b…

Paper: researchgate.net/publication/33…
@JavdaniMohsen If I read correctly... economists are less likely to agree with Adam Smith if his words are attributed to Marx. (No surprise.)
@JavdaniMohsen We're more likely to agree with a statement by Keynes if it’s attributed to Kenneth Arrow. (Yikes!)
And we have a really strong urge to agree with Coase, which disappears when his statements were unattributed or attributed to someone else. (Hmmm...)
Ideological bias is not evenly distributed: stronger on the right, among men, and macroeconomists.
Leading to this fun argument: "The way to fix bias in economics is to recruit more women"

ft.com/content/5b9b47…
As an aside, I should note that #econtwitter has complained a bit about the use of deception in this study. The authors do address it. Decide for yourself, but IMO seems far less problematic than, say, the Hong Kong protest experiment that has also been hotly debated on here.
Couple of follow ups. First, several people have mentioned this concern, and the unpredictable effects it might have had on the results:
Scott launched an interesting thread on how/when experimental economics can avoid deception:
But this is definitely my favorite reaction so far. Hope the NSF funds this immediately.
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Justin Sandefur
@JustinSandefur
Quick thread on this:
There is a key factual disagreement between IMF and @arvindsubraman's Economic Survey proposal for UBI as to whether the current public distribution system (PDS) is or is not progressive in practice -- and hence whether a move to UBI would be more or less so than status quo.
@arvindsubraman Chapter 9 of the 2016-17 Economic Survey concluded that the combination of (a) leakage and (b) mis-targeting in PDS was so great that less than 40% of spending reached the poorest 40% of the population.
indiabudget.gov.in/es2016-17/echa…
Read 8 tweets

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Noah Smith 🐇
@Noahpinion
This is an incredible book, and everyone should read it. (It's also very short and highly readable.)

amazon.com/Next-Factory-W…
Here's a key paragraph from the introduction:
The author was a teacher who gradually realized that for African countries to escape poverty, they would need much more than developed-country generosity.
Read 7 tweets
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Adrian Yalland
@AdrianYalland
Right, here we go. Please fasten seat-belts and make sure your trays are stowed in an upright position, and prepare for rebuttal of the @peoplesvote_uk "dodgy dossier" (this may be a long one....... there is a lot to rebut). You may wish to take tea and come back in an hour.
Essentially the #PVdodgyDossier repeats a few easy-to-discredit old anti-EEA myths, with a smattering of deeper research meant to be authoritative yet isn't. Shame as the author @jonlis1 is a solid researcher let-down by not knowing the law & having his work "edited" by PV.
I have covered two of the myths ("rule taker" and "continuing contributions") in this article. reaction.life/eea-efta-can-f… This is probably as good a place to start as any to understand why the #PVdodgyDossier is so unreliable.
Read 103 tweets
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Alice Evans
@_alice_evans
@rglenner 70% of the world's poor are women - claimed UNDP (1995).
this claim is widely repeated, yet lacks supportive evidence.
- as detailed by the brilliant @schant2

we don't have the requisite individual level data. most data looks at the hh.
@rglenner @schant2 myth 2 (but i think this is now widely accepted as a myth):
microfinance is a magic bullet

personally, my favourite book on this myth, and debunking it is by milford bateman
but you know this literature better than me
@rglenner @schant2 myth 3 (likewise now widely rejected as a myth):
east asian tigers & the rich west succeeded primarily due to economic liberalisation

championed by the IFIs in the 1980-90s,

rebutted by Alice Amsden, Robert Wade, Ha Joon Chang etc.

(again, you'll know this lit better than me)
Read 10 tweets
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Kevin Gannon
@TheTattooedProf
Every time I teach my History of Capitalism course I realize all over again just how much Adam Smith has been misrepresented and misunderstood, mostly by cherry-picked quotes from ppl who've only skimmed Wealth of Nations and have no clue that Theory of Moral Sentiments exists.
I mean, I'm not a Smith fanboy by any means, but no one ever quotes the parts from WoN where he basically says that we shouldn't trust the emerging bourgeoisie's motives: they "have generally an interest to decieve and even to oppress the public," he warned.
TL'DR: It's complicated. And the 18th century was a vastly different place.
Read 8 tweets
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❌ 🇩🇪 Netzwerkdurchsetzungsgesetzdurchsetzer
@Netzdenunziant
I have been asked for an English thread about Twitter's shadow banning practice. So here it is. An open source test that recognizes various types of shadow bans is available at shadowban.eu.
Why the uproar now? Because new ban methods appear to be politically biased.
The most famous ban is the conventional shadow ban. It causes your tweets to only be visible to your followers. In this case, retweets will not have any effect and tweets are hidden to non-followers within threads. Non-followers can only reach your tweets by visiting your /+
profile or directly through URLs. The screenshot below illustrates this ban method. Because @_JoeyMcGuire is affected by this type of ban, his tweets are hidden if you did not browse to their respective URL specifically.

Archive:
archive.fo/ITAva
archive.fo/BielX
Read 23 tweets
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Syahir Sulaiman
@syahirnomic
Buku Ekonomi.

Ramai yang PM dan tanya saya tentang buku yang sesuai untuk dibaca bagi menambah kefahaman dalam subjek ekonomi.
Saya jawab, buku yang perlu dibaca itu banyak. Cuma sebagai permulaan, saya cadangkan untuk membaca buku-buku berikut:
A) Subjek ekonomi Islam, boleh baca:
1. Karya Syeikh Dr Yusuf al-Qaradawi antaranya Fiqh Kenegaraan (1996) dan Indahnya Islam: Sumber Penyelesaian Segala Masalah (2016). Buku lain banyak lagi.
Read 8 tweets

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