Jump to content

Paul Samuelson: Difference between revisions

Paul Samuelson (edit)

Revision as of 04:22, 25 October 2025

11,747 bytes added ,  25 October
→‎2023
 
(4 intermediate revisions by the same user not shown)
Line 362: Line 362:
}}
}}


{{#widget:Tweet|id=1553909631805599745}}
 
{{#widget:Tweet|id=1589296342685601792}}
{{Tweet
|image=Eric profile picture.jpg
|nameurl=https://x.com/EricRWeinstein/status/1553912139110199296
|name=Eric Weinstein
|usernameurl=https://x.com/EricRWeinstein
|username=EricRWeinstein
|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.
|thread=
{{Tweet
|image=Eric profile picture.jpg
|nameurl=https://x.com/EricRWeinstein/status/1553909627862913024
|name=Eric Weinstein
|usernameurl=https://x.com/EricRWeinstein
|username=EricRWeinstein
|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.”
|quote=
{{Tweet
|image=tomselliott-profile-lEL7IBnw.jpg
|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
}}
|timestamp=1:05 AM · Aug 1, 2022
}}
{{Tweet
|image=Eric profile picture.jpg
|nameurl=https://x.com/EricRWeinstein/status/1553909630517972992
|name=Eric Weinstein
|usernameurl=https://x.com/EricRWeinstein
|username=EricRWeinstein
|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
}}
{{Tweet
|image=Eric profile picture.jpg
|nameurl=https://x.com/EricRWeinstein/status/1553909631805599745
|name=Eric Weinstein
|usernameurl=https://x.com/EricRWeinstein
|username=EricRWeinstein
|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 Arrow or '''Samuelson''' was like talking to a research mathematician, biologist or physicist at the time. It wasn’t switching between reality & propoganda.
|timestamp=1:05 AM · Aug 1, 2022
}}
|timestamp=1:14 AM · Aug 1, 2022
}}
 
 
{{Tweet
|image=Eric profile picture.jpg
|nameurl=https://x.com/EricRWeinstein/status/1589298124191043584
|name=Eric Weinstein
|usernameurl=https://x.com/EricRWeinstein
|username=EricRWeinstein
|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.
|thread=
{{Tweet
|image=Eric profile picture.jpg
|nameurl=https://x.com/EricRWeinstein/status/1589287901804007425
|name=Eric Weinstein
|usernameurl=https://x.com/EricRWeinstein
|username=EricRWeinstein
|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.
|quote=
{{Tweet
|image=invisi_college1-profile-s_fl5CzZ.jpg
|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
}}
|timestamp=4:05 PM · Nov 6, 2022
}}
{{Tweet
|image=pirate_hodl-profile-TgytYQMj.jpg
|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
}}
{{Tweet
|image=Eric profile picture.jpg
|nameurl=https://x.com/EricRWeinstein/status/1589296342685601792
|name=Eric Weinstein
|usernameurl=https://x.com/EricRWeinstein
|username=EricRWeinstein
|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
}}
{{Tweet
|image=Eric profile picture.jpg
|nameurl=https://x.com/EricRWeinstein/status/1589296589717536769
|name=Eric Weinstein
|usernameurl=https://x.com/EricRWeinstein
|username=EricRWeinstein
|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
}}
{{Tweet
|image=pirate_hodl-profile-TgytYQMj.jpg
|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
}}
|timestamp=4:46 PM · Nov 6, 2022
}}


=== 2023 ===
=== 2023 ===


{{#widget:Tweet|id=1620286139742683137}}
{{Tweet
{{#widget:Tweet|id=1620608908153987072}}
|image=Eric profile picture.jpg
{{#widget:Tweet|id=1625234172418875392}}
|nameurl=https://x.com/EricRWeinstein/status/1620608908153987072
|name=Eric Weinstein
|usernameurl=https://x.com/EricRWeinstein
|username=EricRWeinstein
|content=He was very supportive of me. If I had to make a single choice it might be him or '''Samuelson'''.
|thread=
{{Tweet
|image=NathanB60857242-profile.jpg
|nameurl=https://x.com/NathanB60857242/status/1620031037681328128
|name=Nathan Barnard
|usernameurl=https://x.com/NathanB60857242
|username=NathanB60857242
|content=who's your favourite economist?
|timestamp=11:07 AM · Jan 30, 2023
}}
{{Tweet
|image=Eric profile picture.jpg
|nameurl=https://x.com/EricRWeinstein/status/1620286139742683137
|name=Eric Weinstein
|usernameurl=https://x.com/EricRWeinstein
|username=EricRWeinstein
|content=[[François Divisia]] or [[Ken Arrow]] or '''Paul Samuelson''' or Satoshi or [[Ronald Coase]] etc.... would be easy to defend.
 
But Graciela Chichilnisky or Bert Balk would be more interesting offbeat choices I could defend. I don't think they got their due for what is coming in mathematical econ.
|timestamp=5:01 AM · Jan 31, 2023
}}
{{Tweet
|image=gmlfle-profile--mfG_Ud4.jpg
|nameurl=https://x.com/gmlfle/status/1620339983180611585
|name=Andromeda
|usernameurl=https://x.com/gmlfle
|username=gmlfle
|content=I would’ve guessed you liked Ken Arrow, Eric. The work for which he won a Nobel Prize in 1972, seems right up your street. Tbh having learnt some of Ken Arrows works in my final year of my economics degree, it completely changed the way I looked at elections + institutions.
|timestamp=11:07 AM · Jan 30, 2023
}}
|timestamp=2:24 AM · Feb 1, 2023
}}
 
 
{{Tweet
|image=Eric profile picture.jpg
|nameurl=https://x.com/EricRWeinstein/status/1625234172418875392
|name=Eric Weinstein
|usernameurl=https://x.com/EricRWeinstein
|username=EricRWeinstein
|content=[[Ken Arrow|Arrow]], Frisch, '''Samuelson''', VonNeumann, Nash, Friedman, Smith, Mill, [[François Divisia|Divisia]], '''Coase''', Marshall, Fisher, Debreu, Tinbergen, etc.
 
I have deep issues with economics. But I don’t think I understand your point.
|thread=
{{Tweet
|image=martinmbauer-profile.jpg
|nameurl=https://x.com/martinmbauer/status/1625204708594880512
|name=Martin Bauer
|usernameurl=https://x.com/martinmbauer
|username=martinmbauer
|content=Yes, but when I said ‘brightest minds’ I meant it.
|timestamp=8:43 PM · Feb 13, 2023
}}
|timestamp=8:43 PM · Feb 13, 2023
}}
 
=== 2024 ===
 
{{Tweet
|image=Eric profile picture.jpg
|nameurl=https://x.com/EricRWeinstein/status/1823488036459700708
|name=Eric Weinstein
|usernameurl=https://x.com/EricRWeinstein
|username=EricRWeinstein
|content=You mean the Friedman money and banking seminar where [https://x.com/haralduhlig @haralduhlig] was the principal critic who then started to understand only after the seminar?
 
I’d be happy to do this with Harald on board. It might motivate us to finish our work that happened after the seminar.
 
I don’t know you @florianederer. But I do know you as a consistantly bad actor. As you may know, the most famous Chicago seminar was that of Coase. Where the seminar became famous *because* Chicago got it wrong. And it took much longer to see the argument.
 
Harald got it wrong during the seminar. And I also know that Chicago, at least historically, eventually usually gets it right. But I’d be happy to structure a bet that would penalize your being a bad actor.
 
I write this not because I care about your opinion. But because Cliff is a colleague. And, at least here, you are a troll. Let’s figure out if there is a mutually agreeable bet that gives me an ability to inflict a cost on this behavior of yours.
 
And one last point. [[Ken Arrow|Arrow]] and '''Samuelson''' were both supportive of this work. But perhaps you see what they do not. Who knows. You are certainly very sure of your position. As am I.
 
One of us is wrong.
|timestamp=10:33 PM · Aug 13, 2024
}}
 
=== 2025 ===
 
 
{{Tweet
|image=Eric profile picture.jpg
|nameurl=https://x.com/EricRWeinstein/status/1909999954338484731
|name=Eric Weinstein
|usernameurl=https://x.com/EricRWeinstein
|username=EricRWeinstein
|content=Let me be clear. This post is not targeted at foreign born STEM. [My apologies to those of you who know me well on this point for decades. But it is always deliberately misinterpreted by those who seek to depress salaries.]
 
Read carefully, it's target is American STEM employers who lie as a way of life about the quality of our own STEM people in order to gain access to foreign labor.
 
My contention is that we destroy American STEM which is the best in the world because it is expensive, irreverant and high risk/high return.
 
If you want to go shopping abroad for future americans who are expensive, irreverant and high risk/high return, let me know and I will design your labor market.
 
But I will never put up with Americans who misportray just how good U.S. STEM really is in order gain access to oceans of plient low variance high value labor.
|thread=
{{Tweet
|image=Eric profile picture.jpg
|nameurl=https://x.com/EricRWeinstein/status/1909997395406098622
|name=Eric Weinstein
|usernameurl=https://x.com/EricRWeinstein
|username=EricRWeinstein
|content=Woah. Slow down. Because then we would be stuck with American STEM workers. Ya know, those lazy, stupid, unmotivated can't do, low-IQ pseudoscientific stoners who play video games all day long and can't be bothered to crack a book.
 
It would be like being stuck with R. Feynman, J Watson, M Gell-Mann, K. Arrow, G. Hopper, JR Oppenheimer, S. Weinberg, '''P Samuelson''', M. Nirenberg, J Lederberg, S. Smale, D. Mumford, J Doudna, S. Coleman, B. McClintock, and M. Ptashne all over again. And we can all agree that we need the best and the brightest.
 
<nowiki>;-)</nowiki>


cc: @VivekGRamaswamy.
|quote=
{{Tweet
|image=ProfMJCleveland-profile-HnRm_lk_.jpg
|nameurl=https://x.com/ProfMJCleveland/status/1909611292832194571
|name=Margot Cleveland
|usernameurl=https://x.com/ProfMJCleveland
|username=ProfMJCleveland
|content=Just waiting for Trump to counter China's latest move by pulling all the student visa and sending all the spies home.
|timestamp=2:16 PM · Apr 8, 2025
}}
|timestamp=3:50 PM · Apr 9, 2025
}}
|timestamp=4:00 PM · Apr 9, 2025
}}


== Related Pages ==
== Related Pages ==
Line 377: Line 627:
* [[Boskin Commission]]
* [[Boskin Commission]]
* [[CPI]]
* [[CPI]]
* [[François Divisia]]
* [[Gauge Theory]]
* [[Gauge Theory]]
* [[Immigration]]
* [[Immigration]]
Retrieved from "https://theportal.wiki/wiki/Special:MobileDiff/23283...23296"