Marshall Steinbaum

Now you can be a victim of other people getting their student loans canceled.

That’s the whole point of posting something fake.

Foner of course, but also Railroaded by Richard White. I’ll think of more.

And the result of that is a further inference: that the main purpose of the WAR model is to vindicate your side in an ideological war by cosplaying as the sober numbers guys, rather than to actually understand the phenomenon you claim to be studying.

This is a good piece about the unstated assumptions underlying political data analytics, and specifically Wins Above Replacement. As so often in economics, once you make the counterfactual you’re measuring candidate performance against explicit, the inference you claim cannot possibly be supported.

The SHOE mailing list.

Very sad to hear Malcolm Rutherford died. The world can be divided into people who do and do not understand the history of our discipline, on the basis of whether you have or have not read his book “The Institutionalist Movement in American Economics, 1918-1947.”
#econsky

Ugh. Didn’t realize Marshall Steinbaum was here

NYT discovers community colleges, UChicago discovers crypto losses with Marshall Steinbaum - American Campus Podcast The Chicago boys would have loved digital assets. References and suggested readings:Alan Blinder and Steven Rich. August 25, 2025. The Typical College Student Is Not Who You Think. New York Times...

I never made a trailer for the show, but this episode with Marshall Steinbaum on the NTY’s farcical coverage of college students and the University of Chicago’s dabbling in crypto may as well be it @econmarshall.bsky.social

www.buzzsprout.com/2396665/epis...

Remake the university into a servant of its board & the donors they represent and this is what happens: the demise of knowledge creation.

NYT discovers community colleges, UChicago discovers crypto losses with Marshall Steinbaum - American Campus Podcast The Chicago boys would have loved digital assets. References and suggested readings:Alan Blinder and Steven Rich. August 25, 2025. The Typical College Student Is Not Who You Think. New York Times...

The University of Chicago’s present financial difficulties are the very-long-run result of the successful effort by Stigler, Friedman, and Director to purge the influence of Robert Maynard Hutchins from the university & American higher education more broadly.

www.buzzsprout.com/2396665/epis...

I would simply encourage you to cease being tame.

Ding ding ding.

Then you have to be re-educated.

For those who think reducing bus fares by infinity percent is a bad idea, what do you say to increasing them by infinity percent?

Correct. And don’t forget the decline of Robinson-Patman enforcement & transportation & financial deregulation as causes of geographic economic concentration.

A big problem is university presidents trying to transform their institutions into something at odds with their prior identity, at the behest of delusional board members, and running into severe financial difficulties, which they blame on woke professors.

Criticizing student debt cancellation as a Brahmin Left demand is itself Brahmin Left.

Carefully 👏 distinguish 👏 causation 👏 from 👏 correlation 👏 except 👏 when 👏 talking 👏 about 👏 educational 👏 attainment 👏 and 👏 earnings 👏 (or 👏 wealth 👏)

NEW PIECE: Powell and the Federal Reserve System has already failed to meet the moment and not defending Lisa Cook will seal both Powell's and the Fed's fate.

www.crisesnotes.com/powell-will-...

I had a professor of Jewish Studies at UChicago who made the administration very angry because every year he made a proposal for the university to create an on-campus memorial to the worldwide victims of the UChicago economics department.

🆕 RFBerlin Discussion Paper: @meltemdaysal.bsky.social, Hui Ding, @maya-rossin-slater.bsky.social and Hannes Schwandt study the spread of respiratory illnesses among children and the magnitudes of externalities on younger infant siblings over the short and long-run. www.rfberlin.com/network-pape...

Remember Jason Richwine? Whatever happened to that guy and why hasn’t he been made head of a federal agency?

J Edgar Hoover was happy to deploy his guys as political henchmen & partisan operatives, but he consistently vetoed this. He considered it beneath the dignity of his agency, which existed to demonstrate advanced scientific methods to local law enforcement, not to patrol the streets.

A good episode if I do say so myself. Listen and join our petition against the Ariel University MOU by emailing fjp.uofu@gmail.com

brilliant

They say not to use the passive voice but frankly that’s a skill issue.

Has anyone in Development Econ run an RCT where you stop doing colonialism and see whether outcomes improve in treatment villages relative to control?
#EconSky

On further reflection: the Times conflating a critique of advocacy org strategy with base transphobia has the effect of strengthening those orgs & their flawed strategy, since they can point to the Times and say “see what we’re fighting against??”

There’s a good op/ed column today about Pride post-rainbow-capitalism, but it would be nice if we had real investigative journalism about the nonprofit advocacy world, especially since they see themselves as a para-state!