Garett Jones
@GarettJones
Professor of Economics, George Mason University. Chief Economist, @bluechip_org. Wrote the Singapore Trilogy, @stanfordpress. Went to the Louvre on a Tuesday.
"This is not just my view. It is also the argument made by the American economist Garett Jones in his book, The Culture Transplant, in which he assembles evidence to show how deep-rooted norms.. are often retained by migrants and passed down, long after their original migration."
Then just use the World Bank "Harmonized Learning Outcomes" euphemism for IQ. Pretty much the same map.
Yes, those "national IQ" maps you see from time to time are bullshit.
It looks like new marriages are (shockingly) stronger than in past decades. 🧵
"There are more things in heaven and earth than are dreamt of in Grievance Conservatism." --Hamlet, in Hamlet by William Shakespeare, author of Hamlet
Tom Selleck enters the chat to explain why higher housing prices are good news for natives
The two countries (Canada and Australia) with the largest increase in housing prices are also the two countries that have had the most immigration. Coincidence or simple supply and demand?
ALSO...@AndreaDatzman gets HUGE props for the beautiful number that is "Let Us Be Devoured." I think the big guy himself would tip his helmet to your work...and maybe even spare the planet. At least, for the duration of the song.
@GarettJones interesting
In Vancouver you can tell the ethnicity of the owner of a house just by looking at the fence they decided to install
My house caught on fire when I was like 12 on vacation and I remember my dad getting the call, listening, hanging up then telling me and fam and saying “i guess we better enjoy the rest of this vacation!” Incredible power move, massive impact on my life. Still grateful
Not disagreeing, shit is hard but I always think of that tweet that was like there’s a world of a difference between people who grew up with parents who just handled things vs parents who treated every inconvenience as a tragedy because it rewired my brain 💀
Financial Times analysis: US jobs at a high risk from generative AI have not been more likely to shed young workers since ChatGPT launched
Garett at 31:00: Why aren't stock index funds being used as payment media, a la Black, Fama, and Cowen-Kroszner (1994)? Tyler replies: When transactions are frequent, you want low bid-ask spreads. I'm very happy to see Tyler finally embrace the point I made against BF in 1984.
Highly recommended insightful discussion of stablecoins. (I just wish that Garett and Tyler would stop saying that stablecoins are 100% reserved, and that they had discussed whether issuers have adequate capital.)
Stablecoin podcast with Garett Jones marginalrevolution.com/marginalrevolu…
In the fall I will teach an English class that will do for the liberal arts what Maximum New York’s classes do for government.
Where the literature is going: "This study provides new insights into the complex dynamics between natural selection, endogenous fertility and economic development..."
90% of mainstream writing on AI is "1) encoded bias, 2) theft of copyright, 3) wasting water and electricity", ad nauseum. Gang, folks in these labs think they're curing cancer. Honestly, who gives a shit about 1, 2 and 3 given that, even if those worries were true (they aren't)?
Will likely miss my flight, but the clouds are beautiful
『同様に、オランダの研究者によれば、西洋からの移民は一人あたり36,000ポンドの利益をもたらし、非西洋からの移民は143,000ポンドの損失をもたらすという。』 『Garett Jonesは、申請者を選別する国は、年齢、資格、警察記録などの個人の特徴と出身国の両方を考慮すべきだと主張している。』 3/n