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CPI (edit)

Revision as of 20:17, 9 December 2025

2,260 bytes added ,  9 December
→‎2021
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{{Tweet
{{Tweet
|image=Eric profile picture.jpg
|image=Eric profile picture.jpg
|nameurl=https://x.com/EricRWeinstein/status/1456428604246560776
|nameurl=https://x.com/EricRWeinstein/status/1456733111954272257
|name=Eric Weinstein
|name=Eric Weinstein
|usernameurl=https://x.com/EricRWeinstein
|usernameurl=https://x.com/EricRWeinstein
|username=EricRWeinstein
|username=EricRWeinstein
|content=<nowiki>*</nowiki>leads not leases in the above.
|content=I would take a look at [https://www.nobelprize.org/uploads/2018/06/samuelson-lecture.pdf '''Paul Samuelson'''’s Nobel lecture]. He goes into depth on [[Revealed Preference|revealed preference]] and preference field non-integrability. I think we have lost track of the fact that integrability of tastes was never actually settled except by fiat. Will talk on this.
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|timestamp=5:57 PM · Nov 4, 2021
|timestamp=5:57 PM · Nov 4, 2021
|media1=Gauge_Theory_UChicago_Talk_Cover.jpg
|media1=Gauge_Theory_UChicago_Talk_Cover.jpg
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{{Tweet
|image=Eric profile picture.jpg
|nameurl=https://x.com/EricRWeinstein/status/1456319699805884417
|name=Eric Weinstein
|usernameurl=https://x.com/EricRWeinstein
|username=EricRWeinstein
|content=I am a huge believer in the University of Chicago and its ability to stay the course while all others bend to the prevailing winds.
As such, I may (or may not) be announcing other events to discuss other work (e.g. Geometric Unity) depending on time, interest &amp; availability.🙏
|timestamp=5:57 PM · Nov 4, 2021
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{{Tweet
|image=Eric profile picture.jpg
|nameurl=https://x.com/EricRWeinstein/status/1456319702305759237
|name=Eric Weinstein
|usernameurl=https://x.com/EricRWeinstein
|username=EricRWeinstein
|content=Please retweet the top tweet if you're followed by economists &amp; others interested in the debate over inflation and [[CPI]], and your followers would find a new geometric Marginal Revolution of interest. Thanks! cc: @tylercowen, @Breedlove22, @paulmromer, @PeterMcCormack, @EconTalker.
|timestamp=5:57 PM · Nov 4, 2021
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|timestamp=1:09 AM · Nov 5, 2021
|timestamp=1:09 AM · Nov 5, 2021
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{{Tweet
|image=Eric profile picture.jpg
|nameurl=https://x.com/EricRWeinstein/status/1456428604246560776
|name=Eric Weinstein
|usernameurl=https://x.com/EricRWeinstein
|username=EricRWeinstein
|content=<nowiki>*</nowiki>leads not leases in the above.
|timestamp=1:10 AM · Nov 5, 2021
|timestamp=1:10 AM · Nov 5, 2021
}}
{{Tweet
|image=PeterRyan-profile-MGctNrxp.jpg
|nameurl=https://x.com/_PeterRyan/status/1456431438975275013
|name=Peter Ryan
|usernameurl=https://x.com/_PeterRyan
|username=_PeterRyan
|content=Yea I understand that and find your points interesting. So I would like to understand how we would go about invalidating the traditional theories by collecting and analyzing the correct data. I don't think those tweets answer that. I get your hypothesis.
|timestamp=1:21 AM · Nov 5, 2021
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{{Tweet
|image=Eric profile picture.jpg
|nameurl=https://x.com/EricRWeinstein/status/1456432882994405384
|name=Eric Weinstein
|usernameurl=https://x.com/EricRWeinstein
|username=EricRWeinstein
|content=Well I think the BLS should begin by questioning their own premises. They say they work in a COL framework. They do not. They do not share how they construct the representative consumer. How they estimate substitution if they don’t have preference data. It’s fake and a mess.
|timestamp=1:27 AM · Nov 5, 2021
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{{Tweet
|image=Eric profile picture.jpg
|nameurl=https://x.com/EricRWeinstein/status/1456433552677998594
|name=Eric Weinstein
|usernameurl=https://x.com/EricRWeinstein
|username=EricRWeinstein
|content=If they are going to do COLas they should estimate preferences. If they aren’t they should do mechanical index theory.
But I would use a bunch of that money to develop a research program on preference collection/imputation for substitution bias if I was running a COL shop.
|timestamp=1:29 AM · Nov 5, 2021
}}
{{Tweet
|image=PeterRyan-profile-MGctNrxp.jpg
|nameurl=https://x.com/_PeterRyan/status/1456434501312073735
|name=Peter Ryan
|usernameurl=https://x.com/_PeterRyan
|username=_PeterRyan
|content=Ok how many researchers would you need? Is the average salary $300k? What are the non-labour costs needed? Could this be done in 1 year?
Could we get this done with let's say $10m? Is $609m necessary for a MVP?
|timestamp=1:33 AM · Nov 5, 2021
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{{Tweet
|image=Eric profile picture.jpg
|nameurl=https://x.com/EricRWeinstein/status/1456440941221335042
|name=Eric Weinstein
|usernameurl=https://x.com/EricRWeinstein
|username=EricRWeinstein
|content=I am not sure. But the first question I have is do we believe ordinal preference maps are constructable from [[Revealed Preference|revealed preference]].
|timestamp=1:59 AM · Nov 5, 2021
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{{Tweet
|image=PeterRyan-profile-MGctNrxp.jpg
|nameurl=https://x.com/_PeterRyan/status/1456441698276417540
|name=Peter Ryan
|usernameurl=https://x.com/_PeterRyan
|username=_PeterRyan
|content=Well if we were to get you started with all the resources necessary, wouldn’t the assumption be yes to apply your theory?
|timestamp=2:02 AM · Nov 5, 2021
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|timestamp=9:20 PM · Nov 5, 2021
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