Editing Paul Samuelson (section)

=== 2022 ===

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|image=Eric profile picture.jpg
|nameurl=https://x.com/EricRWeinstein/status/1524178048840454146
|name=Eric Weinstein
|usernameurl=https://x.com/ericweinstein
|username=ericweinstein
|content=In short, there are economists who believe in measuring inflation, who struggle to understand the issues…and there are economists who work backwards from the political masters they serve. This is a rough guide to both camps.

The researchers tend to lose to the political types.
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|image=Eric profile picture.jpg
|nameurl=https://x.com/EricRWeinstein/status/1524175742715633664
|name=Eric Weinstein
|usernameurl=https://x.com/ericweinstein
|username=ericweinstein
|content=Well let us give economists their due.

The most cogent economists on the subject of price indices include:

Bert M Balk (Statistics Netherlands)</br>
Carl Christian von Weizsäcker</br>
'''Paul Samuelson''' and S Swamy</br>
Amartya Sen</br>
Franklin Fisher and Karl Shell</br>
and Erwin Diewert (very uneven).
|timestamp=11:53 PM · May 10, 2022
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{{Tweet
|image=Eric profile picture.jpg
|nameurl=https://x.com/EricRWeinstein/status/1524177299385462784
|name=Eric Weinstein
|usernameurl=https://x.com/ericweinstein
|username=ericweinstein
|content=I cannot be objective about my collaborator @PiaMalaney, but I can say that it would be a good idea to review her critique by the [[Boskin Commission|Boskin commissioners]], who I found to represent the “Psst. Just tell us what you need the number to be and we can help you out.” school of economics.
|timestamp=11:59 PM · May 10, 2022
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|timestamp=12:02 AM · May 11, 2022
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|image=Eric profile picture.jpg
|nameurl=https://x.com/EricRWeinstein/status/1553912139110199296
|name=Eric Weinstein
|usernameurl=https://x.com/ericweinstein
|username=ericweinstein
|content=So my model is that Economics really changed. The old guys who did the most to lay the foundations were a lot less high on their own supply. They welcomed interactions with other disciplines. It feels like the 1970s transformed economics into something less intellectually honest.
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{{Tweet
|image=Eric profile picture.jpg
|nameurl=https://x.com/EricRWeinstein/status/1553909627862913024
|name=Eric Weinstein
|usernameurl=https://x.com/ericweinstein
|username=ericweinstein
|content=“None of the usual criteria that **real** experts use says that we are in a recession.” - Prof. @paulkrugman

Have you dealt w/ economics professionally as an academic from another field? If not, it’s exactly like this: “Reason, fact, analysis, total bullshit, fact, a lie, fact.”
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|nameurl=https://x.com/tomselliott/status/1553775833998835715
|name=Tom Elliott
|usernameurl=https://x.com/tomselliott
|username=tomselliott
|content=CNN's @brianstelter: "Can we dispense with the recession debate? Are we in a recession, and does the term matter?

Former Enron adviser @PaulKrugman: "No, we aren’t and no, it doesn’t."
|timestamp=4:13 PM · Jul 31, 2022
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|timestamp=1:05 AM · Aug 1, 2022
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{{Tweet
|image=Eric profile picture.jpg
|nameurl=https://x.com/EricRWeinstein/status/1553909630517972992
|name=Eric Weinstein
|usernameurl=https://x.com/ericweinstein
|username=ericweinstein
|content=In fact the truths, insights, facts, analysis, etc. are pretty compelling. And they are the majority of what economists circulate.

And then the conversation turns, and out comes the superior dismissive insufferable gaslighting.

And you think: “Why ruin analysis with psychosis?”
|timestamp=1:05 AM · Aug 1, 2022
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{{Tweet
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|nameurl=https://x.com/EricRWeinstein/status/1553909631805599745
|name=Eric Weinstein
|usernameurl=https://x.com/ericweinstein
|username=ericweinstein
|content=I was lucky enough as a younger man to get to know [[Ken Arrow]] and [[Paul Samuelson]] slightly. They didn’t have this trait. Talking to [[Ken Arrow|Arrow]] or [[Paul Samuelson|Samuelson]] was like talking to a research mathematician, biologist or physicist at the time. It wasn’t switching between reality &amp; propoganda.
|timestamp=1:05 AM · Aug 1, 2022
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|timestamp=1:14 AM · Aug 1, 2022
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{{Tweet
|image=Eric profile picture.jpg
|nameurl=https://x.com/EricRWeinstein/status/1589298124191043584
|name=Eric Weinstein
|usernameurl=https://x.com/ericweinstein
|username=ericweinstein
|content=They have two black boxes. One is called [[CPI]] construction. One is called the Fed. The theory is a narrative. The narrative doesn’t match the actions.
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{{Tweet
|image=Eric profile picture.jpg
|nameurl=https://x.com/EricRWeinstein/status/1589287901804007425
|name=Eric Weinstein
|usernameurl=https://x.com/ericweinstein
|username=ericweinstein
|content=Great question. Inflation is SUPPOSED to be a group valued field. In the case of bilateral trade it’s an element of GL(2,R) although the economists haven’t gotten there yet. But it is mostly not a field on Geography. It’s a field on path, Loop, preference and geographic spaces.
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|nameurl=https://x.com/invisi_college1/status/1589261786934493184
|name=invisible_college
|usernameurl=https://x.com/invisi_college1
|username=invisi_college1
|content=I have heard you say inflation looks more like a heat map, than a single number. Would you say a heat map by both geography and product? Good morning
|timestamp=2:21 PM · Nov 6, 2022
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|timestamp=4:05 PM · Nov 6, 2022
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|nameurl=https://x.com/pirate_hodl/status/1589295169005752321
|name=Pirate Hodl
|usernameurl=https://x.com/pirate_hodl
|username=pirate_hodl
|content=And preference space is unknowable without just letting a free computation run.  Anything else involves some humans telling other humans what their preferences must be.
|timestamp=4:34 PM · Nov 6, 2022
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{{Tweet
|image=Eric profile picture.jpg
|nameurl=https://x.com/EricRWeinstein/status/1589296342685601792
|name=Eric Weinstein
|usernameurl=https://x.com/ericweinstein
|username=ericweinstein
|content=Sure! And as '''Samuelson''' said, it may not even be integrable. And it may be that you are mixing stocks and flows. Etc. But then don’t say you are implementing Konus COLAs while pretending that mumbling “ superlative Index number are exact for flexible functional forms” makes sense.
|timestamp=4:39 PM · Nov 6, 2022
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{{Tweet
|image=Eric profile picture.jpg
|nameurl=https://x.com/EricRWeinstein/status/1589296589717536769
|name=Eric Weinstein
|usernameurl=https://x.com/ericweinstein
|username=ericweinstein
|content=The main issue here is simply super invidious priestly bull shit used to cover the destruction of people’s lives. Thanks!
|timestamp=4:40 PM · Nov 6, 2022
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|nameurl=https://x.com/pirate_hodl/status/1589297448136343553
|name=Pirate Hodl
|usernameurl=https://x.com/pirate_hodl
|username=pirate_hodl
|content=Wow, I'm going to have to Google half of that. I feel too dumb for this conversation. Am I reading correctly that the above tweet is sarcasm, and you're saying there's a deeper intellectual problem here?
|timestamp=4:43 PM · Nov 6, 2022
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|timestamp=4:46 PM · Nov 6, 2022
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