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Abhijeet @bingingout.bsky.social

Tbh I'm probably misunderstanding this book and essay because there's no way academic econ is this fake For what it's worth, Palmer and a couple of specialist economist collaborators do demonstrate in the book that econ models don't have to be like this. Will look up their papers later ig 4/X

jun 24, 2025, 3:44 am • 0 0

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Abhijeet @bingingout.bsky.social

Palmer also includes an instructive bit about his friend trying to decide if he should order a tent for a party that I will be cribbing wholesale the next time I need to explain probabilities in decision making to someone (which is surprisingly often in my day job) 5/x

jun 24, 2025, 4:19 am • 0 0 • view
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Abhijeet @bingingout.bsky.social

VSL and Nordhaus in the haus (haus = cost benefit chapter, now touching on the morbid concept of value of a statistical life, and the worst econ paper maybe ever) 6/x

jun 24, 2025, 4:28 am • 0 0 • view
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Abhijeet @bingingout.bsky.social

Part III has entered the realm of the kind of pure math that I need to be more awake for. It's too late for p-adic numbers. 7/x

jun 24, 2025, 4:51 am • 0 0 • view