Suresh Profile picture
Economics professor @Columbia. I work on political economy in/and historical labor markets. @coreeconteam shill. Expat newf.
Jan 5, 2023 9 tweets 2 min read
Re: FTC announcement today. A quick thread on non-competes in the presence of monopsony. Can think of the the value of future job transitions as an amenity. Monopsonistic employers offer both lower wages, and, if given opportunity, lower future mobility via more non-competes. In a competitive labor market, non-competes would be perfectly offset with compensating differentials. People with a non-compete are paid higher wages to offset the lack of future mobility. With monopsony, get overprovision of non-competes and lower wages.
Nov 13, 2022 10 tweets 3 min read
Given synthetic Karl Marx, a thread on the real deal: a NLP analysis of Marx's influence in the 19th century by my amazing student @jpowerj, who is coincidentally looking for a job. Polisci depts looking for political theory + methods, look at Jeff! cs.stanford.edu/~jjacobs3/#dis… 1/N Image Jeff's methodological chapter draws links between representations of text used in NLP models and the linguistic and discursive analysis of political theory pioneered by the "Cambridge school", folks like Quentin Skinner, Pocock, and Geuss.