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Marshall Steinbaum
@econmarshall.bsky.social
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I didn’t realize that. Very interesting.
0 replies 0 reposts 2 likes
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Marshall Steinbaum@econmarshall.bsky.social |
3382 followers 353 following 1418 posts
Assistant Professor of Economics at the University of Utah. Senior Fellow in Higher Education Finance, Jain Family Institute. Aging enfant terrible.
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Marshall Steinbaum
@econmarshall.bsky.social
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I didn’t realize that. Very interesting.
0 replies 0 reposts 2 likes
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Marshall Steinbaum
@econmarshall.bsky.social
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As long as you don’t say “human capital.”
1 replies 0 reposts 3 likes
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Marshall Steinbaum
@econmarshall.bsky.social
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Thanks
0 replies 0 reposts 1 likes
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Marshall Steinbaum
@econmarshall.bsky.social
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Which one?
1 replies 0 reposts 0 likes
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Marshall Steinbaum
@econmarshall.bsky.social
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This was a good episode, if I do say so myself.
1 replies 2 reposts 3 likes
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LPE Blog
@lpeblog.bsky.social
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Week in review: Sara Rankin on the most consequential homeless rights case in decades, @econmarshall.bsky.social on the material basis for the culture war over higher ed, and
@mwpalen.bsky.social on the left-wing free trade tradition.
Plus, so many upcoming events!
lpeproject.org/blog/weekly-...
0 replies 3 reposts 4 likes
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Marshall Steinbaum
@econmarshall.bsky.social
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Honest question: has the newsletter format genuinely worked out for anyone? Some people have obviously made big money, but normal people never read what they write & they’re presumably being sustained by sugar daddies. Meanwhile everyone good just… disappears.
2 replies 1 reposts 5 likes
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Marshall Steinbaum
@econmarshall.bsky.social
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I was just thinking this! What happened?
1 replies 0 reposts 4 likes
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Ketan Joshi
@ketanjoshi.co
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The wild thing here is that it is pretty clear how to weather a bad-faith mob attack - Don't give a single inch - Senior staff particularly protect and defend individual victims - Actively attack the mob as bad-faith, racist, liars, etc Climategate really taught us this more than a decade ago
9 replies 365 reposts 1033 likes
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TKarney
@pecunium.bsky.social
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Seems the Marquis' family had grabby hands during the Boxer Rebellion.
28 replies 219 reposts 828 likes
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Jacob Bacharach
@jacobbacharach.bsky.social
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I wrote a sonnet about so-called "heterosexuality" (jacobbacharach.com/2024/03/21/m... )
3 replies 9 reposts 31 likes
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Marshall Steinbaum
@econmarshall.bsky.social
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You just repeated what it says in the caption
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Marshall Steinbaum
@econmarshall.bsky.social
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Is there something in the caption you disagree with?
1 replies 0 reposts 0 likes
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Anna Kornbluh
@annakornbluh.bsky.social
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"set out a vision for a public higher ed system that embraces its role in reproducing an economically secure middle class constituted in terms of merit, a willingness to contribute one’s labor, achievement obtained during one’s lifetime+genuine service to the public, rather than privilege by birth."
1 replies 4 reposts 12 likes
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Joshua Erlich
@joshuaerlich.bsky.social
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a thing I’ve really woken up to in recent years is the extent to which capitalists refuse to pay employees fairly as an ideological matter. it’s not maximizing profit or reallocating capital. it’s not even greed, per se. it’s just power.
60 replies 646 reposts 2119 likes
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LPE Blog
@lpeblog.bsky.social
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Today, @econmarshall.bsky.social identifies the hierarchical social theory that underlies the current hollowing out of public universities.
What we need instead, he argues, are homogeneous institutions with heterogeneous student bodies.
lpeproject.org/blog/should-...
0 replies 4 reposts 4 likes
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Dave Mazella
@davemazella.bsky.social
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The most comprehensive view I’ve seen for the mess we’re in — higher ed is essential for either producing stratification or a more just & equitable society
1 replies 5 reposts 13 likes
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Marshall Steinbaum
@econmarshall.bsky.social
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Really? What were they?
2 replies 0 reposts 1 likes
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Marshall Steinbaum
@econmarshall.bsky.social
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From my new piece on higher education & social reproduction in @lpeblog.bsky.social
lpeproject.org/blog/should-...
0 replies 9 reposts 30 likes
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Jacob Bacharach
@jacobbacharach.bsky.social
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How to be a vile raging alcoholic rapist ensconced in a bubble of reserve-currency consequencelessness as you soddenly rage your way across the locals without getting your comeuppance according to security experts.
0 replies 3 reposts 27 likes
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🏳️⚧️ The Josie Zone
@josie.zone
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Like, if Elon fucking Musk can get an award and a product presentation at Auschwitz, this whole experiment in memory has been the worst kind of failure
3 replies 26 reposts 135 likes
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Marshall Steinbaum
@econmarshall.bsky.social
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Posting this here too on the slimmest chance snitch-tagging backbiting libs might mend their ways.
3 replies 0 reposts 9 likes
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Marshall Steinbaum
@econmarshall.bsky.social
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The more I think about this the more I think an actually-good writer could do quite well weaving a budding social uprising into the extant text of P&P and have it explode, shoving aside the previous climax of the novel.
1 replies 0 reposts 1 likes
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Marshall Steinbaum
@econmarshall.bsky.social
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Great idea. And that thing is long past copyright.
1 replies 0 reposts 3 likes
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Marshall Steinbaum
@econmarshall.bsky.social
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I believe there’s evidence of this from the common ownership literature when supplier and customer have common shareholders, but not in the general case of “all management is just about screwing workers & otherwise they’re phoning it in.”
0 replies 2 reposts 8 likes
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Marshall Steinbaum
@econmarshall.bsky.social
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One thing the people who study private equity haven’t yet considered (to my knowledge) is the following dynamic: the people who run airlines aren’t interested in doing a good job, so they have no incentive to switch away from their supplier when the supplier is doing the same thing.
1 replies 2 reposts 7 likes
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Marshall Steinbaum
@econmarshall.bsky.social
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The entire American economy consists of shareholders looting legacy corporations that run on fumes thanks to customer inertia until they collapse altogether.
3 replies 21 reposts 82 likes
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Mark Price
@pricelaborecon.bsky.social
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My prediction is the next 12 months are really going to suck for all those that unconditionally love humanity
2 replies 4 reposts 32 likes
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JW Mason
@jwmason.bsky.social
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It's funny how well-meaning liberals keep saying that Israel has no endgame in Gaza. They have a very definite goal in mind, and they're stating it clearly.
1 replies 12 reposts 36 likes
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Adam Kotsko
@adamkotsko.bsky.social
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Within a few hours, we're all going to be burned out on the Steamboat Willie jokes, indirectly demonstrating why Disney fought so hard to extend its copyright: Mickey Mouse is a boring-ass character no one would bother to copy.
0 replies 4 reposts 44 likes
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Marshall Steinbaum
@econmarshall.bsky.social
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By god, imagine what it’s like having everyone in your family be a poster
2 replies 0 reposts 9 likes
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Marshall Steinbaum
@econmarshall.bsky.social
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No wonder the very first time we interacted he said I don’t know anything about economics within 1.5 tweets
1 replies 0 reposts 26 likes
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Marshall Steinbaum
@econmarshall.bsky.social
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didn’t realize hockey was still a thing
1 replies 0 reposts 0 likes
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Marshall Steinbaum
@econmarshall.bsky.social
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I thought this aspect of the Gage book was convincing: he scientized criminal investigation in the 20s-30s and got a bunch of laws that gave federal criminal jurisdiction for crime that crossed state lines. That success is why they turned to him for the red scare.
1 replies 0 reposts 9 likes
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Marshall Steinbaum
@econmarshall.bsky.social
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The answer, unironically, is J. Edgar Hoover.
1 replies 0 reposts 7 likes
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Marshall Steinbaum
@econmarshall.bsky.social
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The well-being of 25 year olds doesn’t matter because they’ll be better off when they’re 35. Classic weaponization of the banal facts of economic life cycles, and like all DC elites, he doesn’t care about social reproduction. Achieving stability at 25 is very different than achieving it at 35!
1 replies 2 reposts 6 likes
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Marshall Steinbaum
@econmarshall.bsky.social
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It’s definitely not what Carey means in his article, because in that case there’s no out of sample validity or effect at the margin, unless you rely on employers systematically guessing wrong, ie assuming that non-elite grads of elite colleagues are elite.
1 replies 0 reposts 1 likes
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Marshall Steinbaum
@econmarshall.bsky.social
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I wouldn’t.
1 replies 0 reposts 0 likes
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Marshall Steinbaum
@econmarshall.bsky.social
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Rich white parents aren’t ability or human capital, but as you say, they are immensely predictive of later-in-life outcomes.
1 replies 0 reposts 1 likes
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Marshall Steinbaum
@econmarshall.bsky.social
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My view could fairly be summarized by your second clause, but I don’t agree that the “signaling” model works because its premise is the degree denotes underlying ability. All of these models assume labor market (and other) outcomes are caused by individual characteristics, but we know that’s false.
1 replies 0 reposts 4 likes
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Marshall Steinbaum
@econmarshall.bsky.social
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Ding ding ding
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Marshall Steinbaum
@econmarshall.bsky.social
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ChatGPT could have written this.
0 replies 0 reposts 8 likes
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Marshall Steinbaum
@econmarshall.bsky.social
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I’ll take confusing correlation with causation for $100
5 replies 0 reposts 24 likes
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Olúfẹ́mi O. Táíwò
@olufemiotaiwo.bsky.social
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first, they came for the British East India Company, and I said nothing...
36 replies 105 reposts 585 likes
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Thomas Zimmer
@thomaszimmer.bsky.social
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Mainstream media and pundits helping Far-Right politicians who have been instrumental in laundering the most extreme, violent antisemitic conspiracy theories launch a full-on new McCarthyism under the umbrella of “fighting antisemitism” - we are so far down the road to a very, very dark place.
13 replies 236 reposts 667 likes
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Robert Maguire
@robertmaguire.bsky.social
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Just me and my normal-fingered American children, singing some passages of the BOBV PASCOLY in a scene that has been erased from popular culture by the liberal elite
152 replies 382 reposts 1762 likes
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b-boy bouiebaisse
@jbouie.bsky.social
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i don't think i'll hear much from the harper's letter crowd about how this stuff is a threat to free expression.
3 replies 18 reposts 281 likes
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Luke O'Neil
@lukeoneil47.bsky.social
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Lot of people think a hypothetical genocide they made up in their heads and attributed to their political opponents is worse than the actual one going on.
6 replies 12 reposts 108 likes