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Brad Shapiro

@btshapir.bsky.social

Marketing Professor @ChicagoBooth Co-editor @QME Optimist/Anti-Doomer

2,108 Followers  |  289 Following  |  370 Posts  |  Joined: 18.05.2023  |  2.2706

Latest posts by btshapir.bsky.social on Bluesky

No you don't

01.01.2025 13:06 β€” πŸ‘ 0    πŸ” 0    πŸ’¬ 0    πŸ“Œ 0

Drink coffee and think about stuff

31.12.2024 19:39 β€” πŸ‘ 14    πŸ” 0    πŸ’¬ 2    πŸ“Œ 0

Was about to be my comment

31.12.2024 19:37 β€” πŸ‘ 1    πŸ” 0    πŸ’¬ 0    πŸ“Œ 0

I don’t buy this interpretation. It’s the self-congratulatory sentiment that we are good people who care about others and they are bad people who don’t.

31.12.2024 19:11 β€” πŸ‘ 12    πŸ” 1    πŸ’¬ 2    πŸ“Œ 0

I'm not crying you're crying

31.12.2024 18:52 β€” πŸ‘ 3    πŸ” 0    πŸ’¬ 1    πŸ“Œ 0

A few more hours left in the year.

31.12.2024 15:40 β€” πŸ‘ 0    πŸ” 0    πŸ’¬ 0    πŸ“Œ 0

But fracking itself was a pretty revolutionary change in tech!

30.12.2024 18:02 β€” πŸ‘ 2    πŸ” 0    πŸ’¬ 1    πŸ“Œ 0

The original study linked just doesn't really affect my priors much about the net effect of the new technology on total welfare in the long run.

30.12.2024 17:38 β€” πŸ‘ 2    πŸ” 0    πŸ’¬ 1    πŸ“Œ 0

If your only point is that we should do a better job measuring "meaningfulness in life", I agree! But we should also include not only meaningfulness generated by work, but also everything else (leisure, time with family, ability to have family if you want etc).

30.12.2024 17:38 β€” πŸ‘ 2    πŸ” 0    πŸ’¬ 1    πŸ“Œ 0

People have studied robots making cars, we can observe without any fancy econometrics that way fewer people are now employed in car manufacturing, wages across the income distribution are higher, and there isn't mass unemployment.

It's not obvious that everyone has less meaningful jobs.

30.12.2024 17:38 β€” πŸ‘ 3    πŸ” 0    πŸ’¬ 1    πŸ“Œ 0

I'm not saying there are only short run concerns. I'm saying we can't take the partial equilibrium of moving from code writer to code checker as the long run equilibrium. I think this is exactly econ offers- thinking about utility maximization and eqm adjustment.

30.12.2024 17:33 β€” πŸ‘ 3    πŸ” 0    πŸ’¬ 1    πŸ“Œ 0

AI is coming whether we like it or not, so people like us will have ample opportunity to study labor market dynamics as it plays out. But I don't think it's a good prediction to say that everyone will either be unemployed or will simply be doing a less meaningful version of the identical job.

30.12.2024 17:32 β€” πŸ‘ 2    πŸ” 0    πŸ’¬ 2    πŸ“Œ 0

We're a free society where people can choose to do what they want given the state of the world. We don't centrally plan what jobs people switch to when things change (policies, technology, etc), hence I don't think it's fair to expect us to know exactly how people will optimize in a counterfactual.

30.12.2024 17:31 β€” πŸ‘ 2    πŸ” 0    πŸ’¬ 1    πŸ“Œ 0

I mean... there were a ton of people employed in vehicle manufacturing. Now there aren't. And we don't have mass unemployment. I imagine long run people who otherwise would have chosen the auto industry chose a variety of different things to do.

30.12.2024 17:29 β€” πŸ‘ 1    πŸ” 0    πŸ’¬ 0    πŸ“Œ 0

Yeah, agree. But what you're describing is a short run phenomenon right? There is long run adjustment, too. When robots started assembling cars, people started doing other things that presumably brought them more meaning than simply supervising the robots that were now assembling the cars.

30.12.2024 16:40 β€” πŸ‘ 4    πŸ” 0    πŸ’¬ 1    πŸ“Œ 0

Interesting. I'd much rather my industry reward clear thinking about research questions and research design than coding proficiency, for example. But I also definitely also derive more personal meaning from answering important questions than I do from coding.

30.12.2024 14:58 β€” πŸ‘ 2    πŸ” 0    πŸ’¬ 1    πŸ“Œ 0

I don't think Wisconsin and Illinois hunting areas are terribly different from each other topographically or in terms of population density. So could be a reasonable comparison.

But I also think we might be comparing zero with zero

30.12.2024 14:43 β€” πŸ‘ 1    πŸ” 0    πŸ’¬ 0    πŸ“Œ 0

Do we have research on the absolute frequency of hunting rifle bullets meant for deer striking people in states without such laws? I'm guessing the absolute number is tiny, but I could be mistaken.

30.12.2024 14:15 β€” πŸ‘ 0    πŸ” 0    πŸ’¬ 1    πŸ“Œ 0

Totally (and I think the law is similar in Illinois). Just the logic of banning rifles and allowing handguns in the name of public safety perplexes me.

30.12.2024 13:23 β€” πŸ‘ 1    πŸ” 0    πŸ’¬ 1    πŸ“Œ 0

You'd much rather Tamar have a deer hunting rifle than a handgun, from a public safety standpoint.

It's actually not close.

30.12.2024 13:09 β€” πŸ‘ 0    πŸ” 0    πŸ’¬ 1    πŸ“Œ 0
Post image 30.12.2024 13:07 β€” πŸ‘ 9    πŸ” 0    πŸ’¬ 0    πŸ“Œ 0
Preview
Support rapid response for 1 million immigrants We need your help to get critical information to the people who need it most.

Hi folks, as we approach the end of the year and you consider end-of-year giving, allow me to pitch you a non-political organization that I believe is worthy of your dollars.

ASAP is an organization dedicated to improving legal processes in asylum cases.

givebutter.com/asap2024?ct=...

19.12.2024 20:54 β€” πŸ‘ 15    πŸ” 6    πŸ’¬ 1    πŸ“Œ 1

My approach is to focus on question I want to answer first, and when I realize I don't have the tools to answer it, I ask Rachael to co-author with me. Sadly the answer is usually no.

27.12.2024 12:27 β€” πŸ‘ 6    πŸ” 0    πŸ’¬ 0    πŸ“Œ 0
Preview
a man wearing a shirt that says schitts creek ALT: a man wearing a shirt that says schitts creek
27.12.2024 12:25 β€” πŸ‘ 6    πŸ” 0    πŸ’¬ 0    πŸ“Œ 0

Always think about the incentives of the ones pushing the narratives and bias adjust.

26.12.2024 15:40 β€” πŸ‘ 3    πŸ” 0    πŸ’¬ 0    πŸ“Œ 0

The new GLP-1 weight-loss drugs are an existential threat to diet peddlers, so it's not surprising to find them amplifying any risk from the meds.

There's mostly silence from them on the ancillary benefits, notably kidney & cardiovascular disease.

26.12.2024 13:59 β€” πŸ‘ 9    πŸ” 3    πŸ’¬ 0    πŸ“Œ 1

Too busy. Won't get credit. Don't want to be outed as a reviewer.

25.12.2024 12:38 β€” πŸ‘ 1    πŸ” 0    πŸ’¬ 1    πŸ“Œ 0

This has certainly plagued behavioral science, but IMO incentives are better in econ- lots of our work is about measurement as opposed to finding "surprising" effects or biases.

Even without the fraud, those papers leave me scratching my head, conceptually. The ideas need to be questioned more.

24.12.2024 17:14 β€” πŸ‘ 3    πŸ” 0    πŸ’¬ 1    πŸ“Œ 0

I think what you are saying is generally true. I have found it very difficult to swim upstream on this issue.

24.12.2024 17:11 β€” πŸ‘ 2    πŸ” 0    πŸ’¬ 0    πŸ“Œ 0

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