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Marshall Steinbaum

@econmarshall.bsky.social

Assistant Professor of Economics at the University of Utah. Senior Fellow in Higher Education Finance, Jain Family Institute. Aging enfant terrible. marshallsteinbaum.org

10,306 Followers  |  692 Following  |  1,974 Posts  |  Joined: 14.06.2023  |  2.1891

Latest posts by econmarshall.bsky.social on Bluesky

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This Wednesday: Join us in NYC for a panel discussion on how to rebuild American higher education from an engine of inequality to a pillar of the public interest.

Featuring @jmargetta.bsky.social, @econmarshall.bsky.social, Jennifer Chernega & @adamhsays.com.

🎟️ www.eventbrite.com/e/why-americ...

01.12.2025 17:57 β€” πŸ‘ 2    πŸ” 2    πŸ’¬ 0    πŸ“Œ 0
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Event on Dec 3: Why American Higher Education Needs An Overhaul - Jain Family Institute In-person at the Century Foundation in Manhattan at 6pm.

Reminder: this Wednesday Dec. 3rd we (Higher Ed Labor United/JFI/TCF) are hosting a panel discussion about the future of higher education in NYC, where I’m releasing a new paper. Register here:
jainfamilyinstitute.org/event-on-dec...

01.12.2025 15:36 β€” πŸ‘ 2    πŸ” 1    πŸ’¬ 0    πŸ“Œ 0

Would you say these findings are consistent with statistical discrimination, if it’s so easy to change β€œtype?”

29.11.2025 03:46 β€” πŸ‘ 2    πŸ” 0    πŸ’¬ 1    πŸ“Œ 0

Indeed. Therefore this finding is just a particularly stark example of the larger fact that discrimination refutes human capital theory.

29.11.2025 02:58 β€” πŸ‘ 2    πŸ” 0    πŸ’¬ 1    πŸ“Œ 0

Ah, I should have known. But then why doesn’t everyone change their name to β€œElon Musk?”

29.11.2025 02:28 β€” πŸ‘ 3    πŸ” 0    πŸ’¬ 2    πŸ“Œ 0

Well, @dkuehn.bsky.social?

29.11.2025 02:24 β€” πŸ‘ 3    πŸ” 0    πŸ’¬ 2    πŸ“Œ 0
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How does human capital theory survive the existence of this paper?

29.11.2025 02:23 β€” πŸ‘ 17    πŸ” 4    πŸ’¬ 2    πŸ“Œ 0
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Event on Dec 3: Why American Higher Education Needs An Overhaul - Jain Family Institute In-person at the Century Foundation in Manhattan at 6pm.

On Dec. 3rd, I will be releasing a @higheredlabor.bsky.social/Jain Family Institute paper co-written w/Andrew Elrod:

Rebuilding American Higher Education: from an Engine of Inequality to a Pillar of the Public Interest

In-person panel discussion in NYC:
jainfamilyinstitute.org/event-on-dec...

25.11.2025 16:10 β€” πŸ‘ 17    πŸ” 5    πŸ’¬ 1    πŸ“Œ 0

I'll have more to say about the paper next week when it comes out. But if you're in New York, you won't want to miss the panel discussion

--Julie Morgan, Pres. of TCF
--Jenna Chernega, Pres. of the Independent Faculty Organization & chair of HELU's policy committee
--(me)
--moderated by Adam Harris

25.11.2025 16:12 β€” πŸ‘ 1    πŸ” 0    πŸ’¬ 0    πŸ“Œ 0
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Event on Dec 3: Why American Higher Education Needs An Overhaul - Jain Family Institute In-person at the Century Foundation in Manhattan at 6pm.

On Dec. 3rd, I will be releasing a @higheredlabor.bsky.social/Jain Family Institute paper co-written w/Andrew Elrod:

Rebuilding American Higher Education: from an Engine of Inequality to a Pillar of the Public Interest

In-person panel discussion in NYC:
jainfamilyinstitute.org/event-on-dec...

25.11.2025 16:10 β€” πŸ‘ 17    πŸ” 5    πŸ’¬ 1    πŸ“Œ 0

It was such a telling episode in demonstrating how ineffective Dem opposition to trump would be. Their only intuition was to run to embrace the GOP establishment and try to coalesce opposition in the center, which was obviously doomed from the get-go.

23.11.2025 17:09 β€” πŸ‘ 2    πŸ” 0    πŸ’¬ 0    πŸ“Œ 0

Oh I remember this well. It used to be one of my main go-to embarrassing links for the Dem DC establishment.

23.11.2025 16:05 β€” πŸ‘ 2    πŸ” 0    πŸ’¬ 1    πŸ“Œ 0

Very glad to have been on @leftanchor.bsky.social to discuss l’Affaire Summers and the grotesquerie of β€œprogressive” economic policy types covering for him & retaliating against his accusers to forward their own careers/garner his approval. #econsky

22.11.2025 05:12 β€” πŸ‘ 21    πŸ” 5    πŸ’¬ 1    πŸ“Œ 1
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Summers, Epstein, and Economics | Left Anchor Get more from Left Anchor on Patreon

fresh @leftanchor.bsky.social bonus ep, we have @econmarshall.bsky.social on to talk about Larry Summers, his good pal Jeff Epstein, and Summers' noxious influence on the discipline of economics as well as Democratic Party policymaking www.patreon.com/posts/144130...

22.11.2025 03:54 β€” πŸ‘ 43    πŸ” 12    πŸ’¬ 6    πŸ“Œ 2

WOKE IS BACK

20.11.2025 00:40 β€” πŸ‘ 65    πŸ” 6    πŸ’¬ 0    πŸ“Œ 0
Summers Will Not Finish Semester of Teaching as Harvard Investigates Epstein Ties | News | The Harvard Crimson Former Harvard President Lawrence H. Summers will immediately leave his role as an instructor at Harvard while the University investigates his ties to child sex trafficker Jeffrey E. Epstein.

Summers is gone.

Now: why did he survive so long? www.thecrimson.com/article/2025...

20.11.2025 00:34 β€” πŸ‘ 89    πŸ” 16    πŸ’¬ 5    πŸ“Œ 5

I have been feeling depressed and discouraged that this man has the power and influence he does at my school and in my profession

And I am a tenured professor at Harvard! How much more protected can I be?

Imagine how STUDENTS feel. Junior faculty. This quote nails it

19.11.2025 18:27 β€” πŸ‘ 812    πŸ” 242    πŸ’¬ 13    πŸ“Œ 5
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As ICE Street Raids Ramp Up, New Yorkers Stock Up On Whistles Taking a cue from Chicago, community groups have distributed thousands of whistles in recent weeks β€” a grassroots system people in other cities have adopted to help neighbors sound the alarm.

β€œShort bursts indicate an ICE sighting. Long whistles indicate agents making arrests. If you hear the whistle and you’re undocumented, said [Whitney Hu, a community activist and organizer with South Brooklyn Mutual Aid], β€˜you hide. And if you’re somebody who’s not, you go to the street.’”

17.11.2025 13:44 β€” πŸ‘ 4960    πŸ” 2462    πŸ’¬ 11    πŸ“Œ 115

Yes his Halloween decoration is a crucifix with a skeleton, and it’s still up.

17.11.2025 15:38 β€” πŸ‘ 9    πŸ” 0    πŸ’¬ 1    πŸ“Œ 0
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Fantastic podcast episode. At one point @katewagner.wehwalt.net points out that McMansions come in all sorts of styles, including post-modern, which consists of oddly arranged rectangles. Behold my neighbor, completed ca. 2024. The owner is from Texas.

www.patreon.com/posts/143733...

17.11.2025 15:37 β€” πŸ‘ 46    πŸ” 5    πŸ’¬ 6    πŸ“Œ 0

We should introduce a new heuristic for judging academic careers: If they pursue the same field than their famous academic relatives, it's likely because of networks not ability.

17.11.2025 11:06 β€” πŸ‘ 62    πŸ” 6    πŸ’¬ 16    πŸ“Œ 7
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Special Report: Supplying Accountability and Demanding Change β€” The Caravel β€œThe goal of my two β€˜disgrace’ blog posts is to bring attention to the systemic, cultural problems in the economics profession,” economist Claudia Sahm told the Caravel in an exclusive interview. Sahm...

In that case, it was also a student paper that reported the full story. Everyone else in the mainstream media published something perfunctory at best. Bloomberg & the Washington Post quashed deeper investigations at the Biden transition’s behest. www.thecaravelgu.com/blog/2020/12...

17.11.2025 05:11 β€” πŸ‘ 6    πŸ” 4    πŸ’¬ 0    πŸ“Œ 0

On this point, any regrets from the progressive nonprofit industrial complex for vilifying Claudia Sahm for blowing the whistle on Summers in 2020? Or was it all worth one failed administration’s worth of fancy economic policy appointments?

17.11.2025 05:08 β€” πŸ‘ 53    πŸ” 6    πŸ’¬ 1    πŸ“Œ 0

Damn, almost makes you feel sorry for @americanprogress.bsky.social building their whole economic policy platform around him, until you remember that they put Neera back in charge and so not cleaning house when you have the chance seems to be their MO! The dangers of gerontocracy.

17.11.2025 03:42 β€” πŸ‘ 26    πŸ” 2    πŸ’¬ 0    πŸ“Œ 0
The Harvard Crimson
Throughout the seven months of correspondence reviewed by The Crimson, Summers and Epstein referred to the woman Summers was pursuing in some messages by the code name "peril" but never used her name in messages directly describing the relationship. On at least two occasions, the two men discussed Jin's emails to Summers, which he forwarded to Epstein. In later messages, the two men appeared to joke about the probability that Summers would have sex with the woman, apparently Jin.

The Harvard Crimson Throughout the seven months of correspondence reviewed by The Crimson, Summers and Epstein referred to the woman Summers was pursuing in some messages by the code name "peril" but never used her name in messages directly describing the relationship. On at least two occasions, the two men discussed Jin's emails to Summers, which he forwarded to Epstein. In later messages, the two men appeared to joke about the probability that Summers would have sex with the woman, apparently Jin.

gosh I wonder why they called her peril www.thecrimson.com/article/2025...

17.11.2025 01:58 β€” πŸ‘ 3388    πŸ” 653    πŸ’¬ 35    πŸ“Œ 181

(It’s not just the white men who have horrible personalities….)

16.11.2025 21:32 β€” πŸ‘ 2    πŸ” 0    πŸ’¬ 0    πŸ“Œ 0

😬 πŸ‘‡ 😬

16.11.2025 19:55 β€” πŸ‘ 22    πŸ” 1    πŸ’¬ 2    πŸ“Œ 0

A lot of the (often quite powerful!) guys emailing Epstein were asking him for dating advice,
which seems to suggest that they saw his own sex life as aspirational.

16.11.2025 18:20 β€” πŸ‘ 22    πŸ” 11    πŸ’¬ 2    πŸ“Œ 1

I highly recommend everyone to read this article for background on Summers’s entwinement in β€œprogressive” economic policy nonprofits, including how that entwinement seriously undermines & compromises their work: www.thecaravelgu.com/blog/2020/12...

16.11.2025 15:37 β€” πŸ‘ 26    πŸ” 10    πŸ’¬ 0    πŸ“Œ 0

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