Marketing Professor @ChicagoBooth. Co-editor @QME_Journal. Tweeting about economics, advertising, dogs and sometimes soup. SSRN page: https://t.co/LcTRerqE

Joined August 2011
1,489 Photos and videos
Pinned Tweet
21 Jun 2023
As lots of people are liking a post I wrote that has the word "advice" in it, I need to issue my periodic reminder that my advice may in fact be terrible. I know very little, in general.
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Love this so much
Japan fans always clean up their section after the match and this time, they were joined by Jameis Winston
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Brad Shapiro retweeted
The # of leftists who have just shown us that they don’t understand, or worse pretend not to understand, economics is staggering. If you expropriated (stole) 5% of Elon’s stock you have to sell it, then use that cash to compete with other goods and services in the economy. We need to do less of something else (consumption) to do more of whatever it is you want to do. The funding source is irrelevant to the existence of this tradeoff. Oh, and because it’s still most of the consumption, most of the pain of this tradeoff would, as usual, not come from the super-rich, but from the people you pretend to care most about (or you’re just that dumb). Elon is not sitting on a pile of unused health care you can take and hand out.
A 5% tax on Elon’s net worth would fund every community health center in America for the next 26 years. I’ll say it again. Tax the rich.
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And here I was told "football" players don't flop
This is it, this is why I can’t watch.
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Yes. Solve people's problems for them and they will happily pay you in exchange.
turns out people like receiving inexpensive packages on time and an easy to use search engine
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Brad Shapiro retweeted
The next trillionaire will undoubtedly get there by solving some very important problems (like advancing electrification of global personal transportation by a decade or more, dramatically cutting the $/kg of taking stuff to orbit, or supplying wireless broadband internet to the entire planet). I want to live in the world that person will help create.
Elon Musk just became the world’s first trillionaire. Let’s make sure he’s also the last.
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So much discourse on so many topics would improve if more people understood the difference between stocks and flows.
I feel like a lot of discourse around wealth taxes would go away if more people understood the difference between stocks and flows.
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I also think discourse would improve if we could start by specifying the outcome we're actually trying to achieve.
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ALT Whoops Whoopsie GIF

We economists have had Claude write the essay: Provide us with a Guardian piece arguing that growth is doomed. Provide provocative illustrations and polemical language but no actual evidence. Include as many fashionable buzzwords as possible.
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ALT [giggles] GIF

Easy to see with the Hart and Vezina winner how the coach of the year got his team to the Stanley Cup fin … whoops! He lost in Round 1 for the fourth straight year. But hey, at least the broadcasters association had some good pregame yuks with him.
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Brad Shapiro retweeted
Americans are actually super kind people by and large and the fact that social media is filled with loudmouth assholes with very niche beliefs distracts from that is really sad and frustrating. More content of American normies meeting foreigners, please!
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Life today is better than life yesterday part 8793274932875923
Misplaced nostalgia: in 1995, it cost $3.25 to rent a single movie from Blockbuster. That was about 27% of the average wage, which translates to $9 today. That's for one VHS cassette for a few days! Today, you can get a full month of Netflix for that time price.
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What frustrates me most about almost every "discourse" right now and both main political coalitions is that no one is willing to admit that life right now in the US is actually pretty damn good and we *should not* fundamentally change everything about the fabric of our society.
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Can we make improvements? Obviously! But it doesn't require upending the system that got us to where we are.
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There should be a new vocab word for vibe coding drinking. Kind of like drunk dialing, but for research. Thoughts?
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ALT The Office No GIF

Replying to @FrankCalabrese
If this is the ballot, which is probably pretty close, Mayor Brandon Johnson very likely makes the runoff
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Nope it's Coco
The best Pixar movie ever argue with a wall
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Periodic reminder: if I ask you to review a paper, I have no problem with you turning it down. I don't know what else is happening in your life right now. I do have a problem with nonresponse. Please decline quickly. Otherwise you're just making authors' life worse.
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Progressives dislike progress. Conservatives dislike conservation. What a time to be alive.
A genuinely progressive political movement wouldn’t reflexively embrace neo-Luddism.
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lol I mean, seriously. On every dimension Lindy Ruff had a more impressive season than Cooper. Literally every single dimension.
IT’S ABOUT TIME 👏 Jon Cooper is your 2026 Jack Adams Award Winner!
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Brad Shapiro retweeted
But if you *really* just believe that CPD should stop actively policing communities where lots of shootings happen, you'd cancel ShotSpotter and sit on your hands. Notably, that's what the Mayor seems to be doing. (5/6)
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