dep director @devpolicy + econ assoc prof @ouranu. priors @dartmouthecon @stanford @ouranu @pmc_gov_au @uq_news. very personal account. š§āš§āš§+š»+š¦
Canberra
Joined May 2011
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Some "overdue" news: my first paper on palm oil, started over a decade ago, was accepted for Christmas and is in print open access at the @JIntlEcon today. It's quite different from earlier versions, and the (excellent) review process improved it a lot.
sciencedirect.com/science/arā¦
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Big news. Woodside walks away from Greater Sunrise. Sells its 33% stake to Timor's state-owned oil and gas company Timor Gap for around $280 million AUD. Timor Gap will have full control of the asset after the sale. Some big questions looming now for Dili (and for Canberra)
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Media Watch takes aim at the FM over Australia's silence on the Samoan PM's campaign against the Observer and the "fundamental" importance of a free press: "so fundamental, sheās clearly decided to give a free pass to the Samoan PM"
abc.net.au/mediawatch/episodā¦
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šØNew paper and (the usual) excellent @paulnovosad summary alert!
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PhD students sometimes ask me what I mean by "big question"
My answer: first *you* should be convinced that the Q is interesting and important. Then tell me why *you* think it's interesting and important. If you can't do that, you're toast, regardless of data & methods.
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The opportunity to migrate even temporarily/seasonally is *really good* for migrant workers and their families.
Families of migrant workers see lower poverty, greater food security, invest in assets & reduce debts
Paper by @melaniemorten @BMagaloni Cubillos & @AliceYiqianWang
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Teaching Intro to Econ is fun because itās the easiest class your science students will ever take and the hardest one ever for some of the humanities students.
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Bottom line: there's a big female urban mobility advantage in South Asia. Exactly why this is and how long it has been so are open questions. We also don't yet know how much this holds elsewhere in the world. To be continued! 21/
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Orban as Secretary-General, this is good scriptwriting honestly
New: Sources from three countries confirm that the Trump Administration has advocated Viktor OrbƔn for UN Secretary-General.
The US has encouraged OrbƔn to enter the race, even bringing him the initial idea of a joint U.S.-Russia-China candidacy.
WSJ:
wsj.com/opinion/viktor-orbanā¦
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Universities do this during every fiscal crisis they face. UMN did it back in 2020 and iiuc in 2008 as well. UW did it last year.
This is just encouraging early retirement for people who are close to retiring anyway.
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If only there were a journal dedicated to political economy that is ranked similarly to other top economic journals.
Economics is fundamentally political. We cannot escape this fact.
The so-called āfree marketā is constructed by laws, maintained by institutions, and enforced by states.
The choice between austerity and stimulus reflects deeper beliefs about responsibility, fairness, and social obligation.
The mandates of central banks are products of political decisions. The emphasis placed on price stability in Western central banks rather than, say, regulating private finance reflects value judgments as well as political lobbying.
One of the biggest differences between mainstream economics and heterodox economics is that the former often disguises political choices as technical ones.
Economics has never been, and never will be, a value-free science, no matter how much today's mainstream economics tries to present it that way.
At its core, economics is shaped by ideologies, human morality, competing interests, social norms, and political priorities. Pretending otherwise does not make economics more rigorous. It just makes it more dangerous.
This is dead right, and not just with respect housing.
Itās the whole increasingly provincial/parochial mindset that seems to be so loud and visible (though im deeply suspicious these are actual informed preferences of most Australians).
Utterly unambitious, uninspiring
This is a terrific and terrifying read from @insteconomics
Australia truly is the anti-Abundance nation
It's self-inflicted damage
We keep shooting ourselves in the foot and then wondering why we can't sprint anymore
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One of the things that AI slop is revealing about the scientific literature is how much of the non-AI stuff was slop already.
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Yep, most slop has always been and still is human slop.
popularbydesign.org/p/academā¦
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Maybe AI will kill us all one day. Or maybe it will deprive us of livelihoods and meaning.. But in the meantime, just as the arrival of writing caused an explosion of philosophical interest among the ancient Greeks, the arrival of talking computers is doing the same to us now.
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You can debate the magnitude of people who move for tax reasons. But if you debate the existence you lose all credibility with me. I could easily name more than a dozen people I know who have moved from high-tax jurisdictions to low-tax jurisdictions to reduce their taxes.
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Four editors on what happens to your paper after you hit submit.
Publishing in Economics Journals: An Insider's Perspective held by @ideadevecon
Mon, Nov 30 Ā· 11 AM ET Ā· Virtual
Eric Edmonds, James Fenske, Randi Hjalmarsson, Aprajit Mahajan.
Free: idea.devecon.org/career-skilā¦
Writing Papers and Responding to Reviewers ā the session early-career researchers keep asking for.
Mon, Nov 30 Ā· 11 AM ET Ā· Virtual
@EdmondsEric, James Fenske, Randi Hjalmarsson, @aprajitmahajan
Free: idea.devecon.org/career-skilā¦
@deanyang @willafriedman @sohamsahoo @ideadevecon
