Matthew Leisten (@leistenecon) 's Twitter Profile
Matthew Leisten

@leistenecon

IO economist @FTC. PhD @NUEconomics. Information econ, antitrust. Foodie. Personal opinions only. If you say things unequivocally, I don't trust you.

ID: 1424899023715147782

linkhttp://mleisten.github.io calendar_today10-08-2021 01:03:02

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Matthew Leisten (@leistenecon) 's Twitter Profile Photo

What if instead of policy platforms both parties just published exhaustive lists of 8.062 billion Pareto weights and a time discount rate?

Matthew Leisten (@leistenecon) 's Twitter Profile Photo

I choose to live in the reality where we elect charismatic people who govern by delegating to dweebs to got an A+ in real analysis

Matthew Leisten (@leistenecon) 's Twitter Profile Photo

I'll be presenting my paper on IP standards for AI (provocatively titled "Open(?) AI"! It's kinda concurrent with the Summer Institute so if you're at the Royal Sonesta hit me up 😎

Matthew Leisten (@leistenecon) 's Twitter Profile Photo

My favorite genre of tweet is where non-econs say economists oversimplify because they use models, then propose (in words) am even simpler edge case of the model

Matthew Leisten (@leistenecon) 's Twitter Profile Photo

Given the Mamdani win: an example where direct govt provision of groceries is good--in fact, better than vouchers and potentially cash transfers! The key is grocer market power. The big empirical Q is whether such mkt power exists in NYC.

Given the Mamdani win: an example where direct govt provision of groceries is good--in fact, better than vouchers and potentially cash transfers! The key is grocer market power. The big empirical Q is whether such mkt power exists in NYC.
Matthew Leisten (@leistenecon) 's Twitter Profile Photo

There probably *are* select individuals whose contribution to social surplus is greater than $1 billion, but that doesn't mean we should have billionaires because at some point social insurance outweighs marginal incentives

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I AM GOING TO CRITICIZE ECONOMISTS FOR HAVING OVERSIMPLIFIED MODELS BY PRESENTING A SINGLE STATISTIC WITHOUT ANY MODEL OR FORMALLY ARTICULATED NOTION OF CAUSALITY WHATSOEVER

Armand Domalewski (@armanddoma) 's Twitter Profile Photo

very tired of this leftist bullshit dance where if you have a conscience where one of fourteen cosponsors is a center right organization you are an evil traitor but if you drool over whatever slop Tucker Carlson or Steve Bannon put out everyday you’re just a True Populist

Matthew Leisten (@leistenecon) 's Twitter Profile Photo

It could be a knife's edge between AI and labor being complements and substitutes. Suppose production function is Leontief in 10 tasks a coder performs. If AI can do 9 of them, coder is now hyper productive. If AI can do all 10, coder is obsolete.

Matthew Leisten (@leistenecon) 's Twitter Profile Photo

When I say I don't like reading, ppl tell me I'm reading the wrong books. But it's not the content or the language. It's the medium. I think far faster than I can visually process words, and that's frustrating. Math is better. More ideas per square inch on the page.