economist, mom, idealist, @SamfordU, economistwritingeveryday.com, opinions are my own

Joined June 2009
448 Photos and videos
Europeans in the US for the World Cup is the best corner of the internet right now. Alert @JeremiahDJohns
One of the reasons the North American colonies were so important to England before the revolution was the competitive edge they gave in ship building, since Western Europe had long since chopped down nearly all of its native old growth forests Even today I think the average European doesn’t entirely grasp how heavily forested much of America is relative to their home continent
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In only 6 days this has gotten completely out of hand x.com/freddyla7/status/20659…

This is so insane😭😭😭
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“Fable” is excellent branding, because a fable might not be completely true but is extremely valuable for the community.
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Joy Buchanan retweeted
"Dating a model" can mean one of two very different things, depending where you live in California
LA: Have your agent talk to my agent. SF: Have your agent talk to my agent.
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Joy Buchanan retweeted
An Economic Policy Framework: a proposal for how the US government should manage labor market disruption from advanced AI. We’re contributing $200 million to a new fund to sponsor major evaluations of some of these ideas. anthropic.com/policy-on-the-…
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here is a totally real sentence: Lionel Messi just scored a goal in Jordan-Hare Stadium
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Prime American summer
Currently tubing down Chattahoochee River🌊
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Waffle House, tubing in Helen, Chattanooga, Messi at Auburn, late night Buc-ee’s is an incredible run but the guy needs a little downtime, you can’t sustain that pace for a month.
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Working from home, or at least the option of working from home, is great for your mental health if you have a child who needs to stay home because they are sick.
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The World Cup is bringing Europeans into contact with the natives.
The holy land
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Families with money spend it on NOT being outdoors in Atlanta in July.
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Some consultant must have told FIFA that household incomes look high here, but they forgot to adjust for the fact that Ozempic is $1,000/month.
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New paper: You Wouldn’t Steal a Car: Moral Intuition for Intellectual Property papers.ssrn.com/sol3/papers.… with @bartwilson 🧵(1/n)

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Related:
I'm struck by my 17 month old daughter's affinity with and interest in the concept of private property. There are classes of objects she knows generally have an owner – like a cup of tea or a pair of shoes – and when she sees a new item of this kind it becomes her priority to establish who it belongs to. She enjoys hearing the answer and telling everyone else about it.
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Reminder: If the summer camp says you cannot send peanut butter because of tree nut allergies, you can buy sunflower butter and use it for lunch sandwiches with jelly.
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Do LLMs possess coherent utility functions? We mapped the preferences of Llama-3.1 over risky portfolios. A positive logit difference (blue) indicates that the model picked that portfolio over the reference (yellow star) in a binary choice scenario. The resulting indifference contour (black) closely tracks a standard Mean-Variance structural model (yellow dashed line).
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It shows clear risk aversion (upward sloping) and monotonicity (prefers higher μ, lower σ - blue region). It has local noise, but globally follows theory. Would you classify this agent as rational? #EconTwitter @joshuarfoster @BenSManning @BasilHalperin @ben_golub @gleech
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