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Marshall Steinbaum πŸ”₯πŸ‰
Soon-to-be Assistant Professor . "A mix of fun, murderous pugnacity and well-explained technical detail." --
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Marshall Steinbaum πŸ”₯πŸ‰ 5h
β€œrogue economist”
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Marshall Steinbaum πŸ”₯πŸ‰ 5h
I was following the earlier analysis in confining the sample to debtors, and I agree it’s better to look at everyone. But figure 3 in the piece shows that student debt is becoming universal (for young cohorts).
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Marshall Steinbaum πŸ”₯πŸ‰ 5h
Replying to @econoflove
I did take his class, but he was not on my committee. And I don’t think he ever treated the main question I’m asking in this thread, namely, the divergence between micro and macro returns to education. I heard him lecture on SBTC many times, but that was never discussed.
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Marshall Steinbaum πŸ”₯πŸ‰ 5h
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Marshall Steinbaum πŸ”₯πŸ‰ 5h
Replying to @mcorliss @ewarren
In the case of these charts, by construction the quantiles have the same number of beneficiaries. Your more general point matters if we take into account non-borrowers in the overall income distribution. But at least for young cohorts, not having student debt means you’re rich.
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Marshall Steinbaum πŸ”₯πŸ‰ 6h
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Marshall Steinbaum πŸ”₯πŸ‰ retweeted
Zach Carter Jun 12
Replying to @rauchway
Over the weekend, we published a Q&A w/ historian about the New Deal's renewed relevance in American politics. It's worth your time!
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Marshall Steinbaum πŸ”₯πŸ‰ retweeted
Michael Brooks 7h
I’m watching Chernobyl, which is not good news for β€œnuclear power will save us why don’t you love it” callers
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Marshall Steinbaum πŸ”₯πŸ‰ 6h
Dispositive is actually a good word. I probably use it too often but it really works.
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Marshall Steinbaum πŸ”₯πŸ‰ retweeted
Adam H. Johnson 15h
Replying to @adamjohnsonNYC
Anyway it’s a big fucking mystery why Adam Schiff supports war with Iran (Yes this is real)
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Marshall Steinbaum πŸ”₯πŸ‰ 9h
Replying to @mcorliss @ewarren
I don't agree that "spending per quantile" makes sense as a distributional metric. What we care about when discussing distribution is relative burdens on the rich versus the poor.
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Marshall Steinbaum πŸ”₯πŸ‰ 9h
Gig economy jobs outsourced to undocumented workers in France. Didn't someone suggest this is egalitarian on a global scale and therefore a progressive policy?
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Marshall Steinbaum πŸ”₯πŸ‰ retweeted
Lina Khan 9h
This reminds me of a line from 's keynote at the Law & Inequality conference back in 2015: "My goal is that we see each merger the way the Tudors saw marriagesβ€”not so much about romance (or in this case commerce), but power."
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Marshall Steinbaum πŸ”₯πŸ‰ 10h
Replying to @florianederer
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Marshall Steinbaum πŸ”₯πŸ‰ 10h
Replying to @Econ_Marshall
Of course, there are tons and tons of papers about Uber. Which is its own source of bias & skew.
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Marshall Steinbaum πŸ”₯πŸ‰ 10h
Bias isn't just what opinions you express in your publications. It's what you study, or more to the point, don't study. And the idea that economists aren't studying the most powerful corporations in the global economy is.... ?
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Marshall Steinbaum πŸ”₯πŸ‰ 10h
Correct. And thread. It's pretty embarrassing.
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Marshall Steinbaum πŸ”₯πŸ‰ retweeted
Michael 12h
My favorite thing about the "I'm a centrist and I got the politics of the last 40 years wrong" genre of takes is that they're inevitably followed by a long series of certainties about how politics really works from the person who got everything wrong until 10 minutes ago.
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Marshall Steinbaum πŸ”₯πŸ‰ retweeted
The Associated Press 14h
Israel has renamed a new settlement "Ramat Trump," which is Hebrew for "Trump Heights," in a gesture of appreciation for the U.S. president.
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Marshall Steinbaum πŸ”₯πŸ‰ 14h
Replying to @brian_callaci
Thanks for stealing my book, man
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