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Econ student, liberal, aspie, bi. Michael Kremer stan. I ❤️ optimal auction design. Spend more on drugs. Open borders now! alt @NicholasD91704

Cambridge, Massachusetts
Joined July 2018
Photo by Nicholas Decker (@captgouda24)Photo by Nicholas Decker (@captgouda24)Photo by Nicholas Decker (@captgouda24)Photo by Nicholas Decker (@captgouda24)Photo by Nicholas Decker (@captgouda24)Photo by Nicholas Decker (@captgouda24)Photo by Nicholas Decker (@captgouda24)Photo by Nicholas Decker (@captgouda24)Photo by Nicholas Decker (@captgouda24)Photo by Nicholas Decker (@captgouda24)
It's time for another collection of threads. This is every paper I've written about from August to October. Hope you enjoy them. 1/
This is a thread of threads, where I index all the papers I've written about. There's so much wonderful work out there, and I want to share it all with the world. If you would like to learn more, be sure to subscribe to my blog. nicholasdecker.substack.com/
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Nicholas Decker retweeted
Not sure why people are so shocked by this proposal. This is already common practice in successful countries like India, Mexico, South Africa, Brazil, Philippines, Indonesia, etc.
.@JeffBezos: The bottom half of income earners in the US pay 3% of the taxes. It should be 0%. "It's absurd we do this." "Why is a nurse in Queens making $75k/year paying 1k/mo in taxes?" "We shouldn't be asking this nurse to send money to Washington. They should be sending her an apology."
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I wrote about the meritocratic consensus in higher education recently. Read it all at the link below:
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This man is a “disabled veteran”. Is this who the state should be subsidizing?
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Nicholas Decker retweeted
Cool new work on cost-sharing: Even modest deductibles (~$390-$420) can substantially reduce healthcare spending (-14%). Despite sharply lowering utilization, they have precise non-effects on patient health (mortality, hospitalization, etc). In both the short- & long-run.
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Giving parents the option to delay giving them money until the time that school fees are due substantially decreases the rate at which children drop out of primary school.
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Y'all should listen to the last scene of the late, great Eduard Tubin's "The Parson of Reigi". Incredibly dramatically affecting. I always imagine a black and white movie, with a sudden cut to crows flying around a belfry. You'll understand what I'm talking about.
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I wish that more people listened to what I listened to. I'd like to share a culture with more people! Anyway, the Finns and Estonians are greatly underrated musically.
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Did you know that 30% of veterans with a disability are rated 100% disabled? That’s at least $50,000 a year, tax-free, for life, whether or not you get better. There’s a sleight-of-hand here — they want you to think this means amputees, but really it means Graham Platner.
Genuinely there is no single group which is hurting America more than the veterans. As a class, they are parasites. Everyone after 1973 chose to serve voluntarily. They then turn around and use that to con the public out of hundreds of billions in phony disability claims. Crooks.
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A great thinker.
We mourn the loss of Senior Lecturer Richard Allen Posner, a longtime #UChicagoLaw scholar, former federal appellate judge, and pioneer in the field of law and economics, who died on November 10. Read more about his legacy: buff.ly/e3c3WdL
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Genuinely there is no single group which is hurting America more than the veterans. As a class, they are parasites. Everyone after 1973 chose to serve voluntarily. They then turn around and use that to con the public out of hundreds of billions in phony disability claims. Crooks.
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Nicholas Decker retweeted
The green groups saw that making themselves the face of opposition to a bill to unleash clean energy wasn’t working, so they latched onto tribal objections to some historic preservation changes as a more sympathetic face of opposition. Those concerns *really are* more concerning in my view, but the good news is the managers’ amendment addressed some of those concerns and earned the bill some tribal support. There appears to be active disagreement as to whether the new consultation rules give the tribes a stronger or a weaker hand because it depends to an extent on whether you think rulemaking Trump is doing will stick. But in response to the bill gaining some tribal support, the greens have *escalated* their historic preservation demands — calling for sweeping changes to the bill that have nothing whatsoever to do with tribal issues and simply make it harder to do anything near any old building anywhere in the country. Greens of course do not in general have much respect for tribal sovereignty. They like consultation rights that can serve as an impediment to development, but never defer to tribal rights to opt into or promote development. They are no more authentic allies to the cause than they are authentic allies to clean energy, they are hardline anti-growth organizations that will always find a way to get to “no” on whatever issue — hence the minute the tribes score a win they dramatically expand their preservation asks. They are right to identify the tribes as a sympathetic face of opposition but are trying to hang unrelated poison pills on that hook.
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Nicholas Decker retweeted
My least favorite "populism slop" is "K shaped economy". Essentially zero change in US inequality in the past 10-15 years (or since 2019) by every metric: Gini, 90-10, 90-50, posttax Gini. Net tuition & real debt at grad peaked 10-15 yrs ago. Feel free to ask you favorite AI...
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Nicholas Decker retweeted
Introducing e-means, an algorithm beating k-means in 10x fewer epochs. With order of magnitude wall-clock speedups, e-means is released in FAISS and needs no hyperparameter tuning beyond k. It is robust to various scales and datasets. Still skeptical ? Just try e-means [1/10]🧵
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Nicholas Decker retweeted
“Honestly, now that you mention it, that's kind of a strong case for the policy.” People are way too glib about this. Not having credit cards would screw a lot of people who end up unemployed and/or want to search for a better job. It would also screw a lot of new businesses.
“This would reduce access to credit cards among those who struggle to pay them off!!!” Honestly, now that you mention it, that's kind of a strong case for the policy.
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Some other impressions: b-tier macro papers are awful; pure behavioral papers (think lab experiments) are totally tired out; the datasets have gotten way more expansive; pure theory doesn't have a point anymore; and (most) everybody uses Claude for making their website.
So far I have looked at 840 job market papers this month. My main impression is that, yes, the top departments really are just better. There are exceptions, of course, and I will be happy to highlight them, but only looking at t15 departments is an acceptable heuristic.
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B-tier by quality, btw, not by school. Lots of genuinely pointless papers out of top schools. Like, “we next simulate who wins and loses when we remove market power.” Okay??? Why didn’t we think of that, just remove market power
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North Carolina Dems won the State Senate by 18 points in the popular vote and lost The Governor isn’t allowed to veto state senate maps. How is this even a free and fair democracy
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Nicholas Decker retweeted
"So this escape room... You pay to get inside, and then once you're inside, you try to leave?" "Yeah" "Well that seems like it would violate the von neumann-morgenstein axiom of transitivity!"
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