Editing George Borjas

[[File:George-borjas.jpg|thumb|George Borjas]]

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|image=Eric profile picture.jpg
|nameurl=https://x.com/EricRWeinstein/status/768982741677289472
|name=Eric Weinstein
|usernameurl=https://x.com/ericweinstein
|username=ericweinstein
|content=We pretend @HillaryClinton that immig. is about efficiency. But work of [[George Borjas|Borjas]] at [[Harvard]] shows it is wealth transfer from labor to capital.
|timestamp=1:25 AM · Aug 26, 2016
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=== 2020 ===

{{Tweet
|image=Eric profile picture.jpg
|nameurl=https://x.com/EricRWeinstein/status/1281049999791411201
|name=Eric Weinstein
|usernameurl=https://x.com/ericweinstein
|username=ericweinstein
|content=So maybe go easy on the sanctimony? Or give the man his degreee posthumously? Let’s face it. It’s not about what you say it is. 

Know what I mean? Here:

https://www.politico.com/story/2011/04/obamas-father-forced-out-at-harvard-053968
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{{Tweet
|image=Eric profile picture.jpg
|nameurl=https://x.com/EricRWeinstein/status/1281048072970104836
|name=Eric Weinstein
|usernameurl=https://x.com/ericweinstein
|username=ericweinstein
|content=That’s beautiful. They‘re also your labor force.

Check with your own economists Richard Freeman &amp; [[George Borjas]]. They can explain the perverse incentives to “teach” “students” by giving them “hands on experience.”

Just don’t let them organize: it might interfere w/ their study.
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|image=Harvard-profile-JO5OsmxU.jpg
|nameurl=https://x.com/Harvard/status/1280842169440514050
|name=Harvard University
|usernameurl=https://x.com/Harvard
|username=Harvard
|content=“But, until that time comes, we will not stand by to see our international students’ dreams extinguished by a deeply misguided order. We owe it to them to stand up and to fight—and we will.” - President Bacow (3/6)
|timestamp=12:32 PM · Jul 8, 2020
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|timestamp=2:10 AM · Jul 9, 2020
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{{Tweet
|image=Eric profile picture.jpg
|nameurl=https://x.com/EricRWeinstein/status/1281049998935773184
|name=Eric Weinstein
|usernameurl=https://x.com/ericweinstein
|username=ericweinstein
|content=I will also point out that you deliberately kept @BarackObama’s own father from earning his PhD in economics by getting him sent home to Kenya on the down low. He may have been chasing white women. Which, BTW, was his perfect right as he was a student in good standing.
|timestamp=2:18 AM · Jul 9, 2020
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|timestamp=2:18 AM · Jul 9, 2020
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=== 2022 ===

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|image=Eric profile picture.jpg
|nameurl=https://x.com/EricRWeinstein/status/1554161132788523008
|name=Eric Weinstein
|usernameurl=https://x.com/ericweinstein
|username=ericweinstein
|content=You’re not being truthful about economics. 

I’m sorry. But at a purely technical level, you are just not being truthful about markets, economics and economists. I say this without an axe to grind as a huge promoter of your earlier work when you were trying to understand the 🌎.
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{{Tweet
|image=Eric profile picture.jpg
|nameurl=https://x.com/EricRWeinstein/status/1554161126622932994
|name=Eric Weinstein
|usernameurl=https://x.com/ericweinstein
|username=ericweinstein
|content="I've never seen anything as bad as the determination of a lot of people to say it's a recession," Krugman said. "It's above and beyond anything I've ever seen." -@paulkrugman

Would you like to talk about the [[Boskin Commission]] &amp; the @BLS_gov pretending to move to a COLA for [[CPI]]?
|quote=
{{Tweet
|image=CNN-profile.jpg
|nameurl=https://x.com/CNN/status/1553908398823030785
|name=CNN
|usernameurl=https://x.com/CNN
|username=CNN
|content=Even top economists are struggling to explain perhaps "the weirdest economy" Americans have ever lived through, CNN's chief media correspondent Brian Stelter said. https://www.cnn.com/2022/07/31/media/economy-paul-krugman-reliable-sources/index.html
|timestamp=1:00 AM · Aug 1, 2022
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|timestamp=5:44 PM · Aug 1, 2022
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{{Tweet
|image=Eric profile picture.jpg
|nameurl=https://x.com/EricRWeinstein/status/1554161129659674624
|name=Eric Weinstein
|usernameurl=https://x.com/ericweinstein
|username=ericweinstein
|content=Would you be interested in discussing an entire field of economic experts laughing for 5-8 years at those of us who tried to warn the world about the impending danger of [[Mortgage Backed Securities]] during the “[[Great Moderation]]”?
|timestamp=5:44 PM · Aug 1, 2022
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{{Tweet
|image=Eric profile picture.jpg
|nameurl=https://x.com/EricRWeinstein/status/1554161131228315648
|name=Eric Weinstein
|usernameurl=https://x.com/ericweinstein
|username=ericweinstein
|content=Would you be interested in discussing the treatment of [[George Borjas]] by economists for pointing out that [[Immigration]] actually carries costs &amp; redistributes wealth rather than a miracle free lunch that simply cannot do anything harmful?

Etc. Etc.

Because that is all much worse.
|timestamp=5:44 PM · Aug 1, 2022
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|timestamp=5:44 PM · Aug 1, 2022
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=== 2024 ===

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|image=Eric profile picture.jpg
|nameurl=https://x.com/EricRWeinstein/status/1816900447170625826
|name=Eric Weinstein
|usernameurl=https://x.com/ericweinstein
|username=ericweinstein
|content=Is immigration simply “good”? Why are we not more alarmed about its impact?

———-

I saw the Harvard Economist [[George Borjas]] years ago. He was about to retire.

“I love your work.” I said sadly. “Are you going to miss doing research?”

“No! Not at all.” he said unexpectedly.

“Wow!” I exclaimed. “How can that be?”

“You see,” he said in Cuban accented English, “I spent my entire life trying to make one simple point to my academic colleagues. And I must accept now, at the end, that I have simply failed. And, at just one point!”

“You mean…” I began. 

“Yes: immigration also has negative effects in addition to the positive ones…just like everything else in this world.”

There was a *long* silence. And then, at the same moment, we both started laughing. I don’t know why exactly. It was as if we both realized there was nothing else to do. The career was ending, and we both knew exactly what had happened.

———————-

Academe when it comes to immigration, economic indices, Neo-Darwinism, String Theory, Neo-classical economics, etc. is no longer an academic environment. 

This is not true for many subjects that are continuing to function: effective field theory, machine learning, algebraic geometry, etc. would be examples.

[[Morals|MORAL]]: Universities are neither fully  failed in 2024, nor successful. There is serious rot that is growing and eating away at them, but there are stillmany good researchers and scholars trapped inside, who are being driven to silence, in order to hold onto their remaining zone of scholarship and research “autonomy”. 

I was in the economics department at Harvard for a while. During that time I had many bizarre conversations about free trade, free migration, stable preferences, etc. I would point out that the field’s policy recommendations to lawmakers simply did NOT follow from the field’s methodology. It was as if the field was often going backwards from what it knew it had to conclude if it wanted to weild power in Washington, rather than forward from scholarship. 

You could go to a microeconomics seminar that had nothing to do with policy and everything would be scholarly. 

Then you would go to a seminar in Macro or Labor economics and it would be essentially a competition between professors in Cambridge MA who were desperate for influence in Washington, trying to reach conclusions that would change the lives of all Americans.

Academe isn’t dead yet…but we aren’t removing the cancer either. We are just letting it go untreated.
|timestamp=6:16 PM · Jul 26, 2024
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== Related Pages ==

* [[Borjas Rectangle Theory]]
* [[How and Why Government, Universities, and Industry Create Domestic Labor Shortages of Scientists and High-Tech Workers (Content)|How and Why Government, Universities, and Industry Create Domestic Labor Shortages of Scientists and High-Tech Workers]]
* [[Immigration]]
* [[Migration For The Benefit of All: Towards a New Paradigm for Migrant Labor (Content)|Migration For The Benefit of All: Towards a New Paradigm for Migrant Labor]]

[[Category:Economics]]
[[Category:People]]
[[Category:Portal Topics]]