Adam Ozimek

@ModeledBehavior

Chief economist at @InnovateEconomy. Host of the EconTwitter Water Cooler, live on twitter spaces and downloadable here: http://anchor.fm/adam-ozimek

Lancaster, PA

Joined June 2010

122KPosts 90KFollowers 896Following

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Pinned

Adam Ozimek

@ModeledBehavior

Jan 14

What should we do about high skilled immigration and why? This is the topic of my huge new report with @LettieriDC and @cojobrien: Exceptional by Design. Quick thread on why I think you should read this report. eig.org/exceptional-by…

Exceptional By Design

Source: eig.org

Adam Ozimek

@ModeledBehavior

9 h

It’s very interesting to see a technology where basically nobody is making the case for increasing absolute pace of progress as a goal. The only arguments for boosting AI you hear are relative to China. What other technology is like this? Let alone GPT?

Adam Ozimek reposted

Jonathon P Sine

@JonathonPSine

16 h

China's social safety is not that weak for its development level, and the idea that it is, and that this contributes to anemic domestic consumption, is "out of date." Helpful new paper on China's social safety net by Lardy.

JonathonPSine's tweet image. China's social safety is not that weak for its development level, and the idea that it is, and that this contributes to anemic domestic consumption, is "out of date."

Helpful new paper on China's social safety net by Lardy.

Adam Ozimek reposted

Nicole Nosek

@NicoleNosek417

14 h

THIS is a geopolitical EMERGENCY 🚨 . Permitting reform = national security. America CAN’T win a tech race w/ China if it takes thousands of permits, 18,000 rules, and 2× longer to build what Taiwan can approve with ONE central permit. TSMC (Taiwan Semiconductor Manufacturing…

NicoleNosek417's tweet image. THIS is a geopolitical EMERGENCY 🚨 .
Permitting reform = national security.

America CAN’T win a tech race w/ China if it takes thousands of permits, 18,000 rules, and 2× longer to build what Taiwan can approve with ONE central permit.

TSMC (Taiwan Semiconductor Manufacturing…

Adam Ozimek reposted

Scott Lincicome

@scottlincicome

15 h

Look at this mess. Just look at it. ☹️

Scott Lincicome

@scottlincicome

Dec 3

My new Capitolism @thedispatch digs into an under-discussed way that Trump's tariffs are kneecapping American businesses: their mind-numbingly INSANE complexity. You think you know how bad it is? You have no idea. "Welcome to Tariff Complexity Hell" 🎁: thedispatch.com/newsletter/cap…

Adam Ozimek reposted

Trey Goff

@thetreygoff

Dec 4

“Baby boomer retirees are mobilizing to stop it” The story of American decline in a single sentence

Russ Greene

@GreenPlusAnE

Dec 2

WSJ: Trump and Microsoft want to reboot the Three Mile Island nuclear plant. Locals in their 30’s are excited about the jobs it will bring in, but Baby-Boomer retirees are mobilizing to stop it.

GreenPlusAnE's tweet image. WSJ:
Trump and Microsoft want to reboot the Three Mile Island nuclear plant. Locals in their 30’s are excited about the jobs it will bring in, but Baby-Boomer retirees are mobilizing to stop it.

Adam Ozimek reposted

Jordan McGillis

@jordanmcgillis

16 h

Immigration policy that filters for talent, bringing in productive, innovative workers, is critical for the US economy—and for our nation’s strength. 🇺🇸🇺🇸🇺🇸 My @CityJournal autumn story, now up online, follows Ketan Khare, an engineer from India. 1/ 🧵 city-journal.org/article/meta-a…

jordanmcgillis's tweet card. America must keep its doors and labs open to the top technicians, researchers, and engineers of the future.

To Stay Competitive, the U.S. Needs a New Immigration Strategy

Source: city-journal.org

Adam Ozimek

@ModeledBehavior

16 h

There is a local strip mall I would really like to buy some day. Its a big community asset for sure.

Scott Greer 6’2” IQ 187

@ScottMGreer

21 h

Tucker says he now opposes the GOP because they back strip malls. It's easy to hate these store fronts, but it's much harder to offer an alternative to replace them. The people like them, despite their ugliness, because they're convenient and practical. Whether we like it or not,…

ScottMGreer's tweet image. Tucker says he now opposes the GOP because they back strip malls. It's easy to hate these store fronts, but it's much harder to offer an alternative to replace them. The people like them, despite their ugliness, because they're convenient and practical. Whether we like it or not,…

Adam Ozimek

@ModeledBehavior

16 h

I don't really understand why we don't just allow national competition for health insurance. It seems like the state pools are raising costs and reducing competition. Trump should rip the bandaid. People would immediately see cost savings.

Adam Ozimek reposted

Balaji

@balajis

17 h

If frontier AI models plateau, then on-device inference and open source models could catch all the way up. Great for consumers and developers. Amazing for getting intelligence too cheap to meter, for AI-enabled hardware, and for the garden of intelligent things. But bad for…

balajis's tweet image. If frontier AI models plateau, then on-device inference and open source models could catch all the way up.

Great for consumers and developers. Amazing for getting intelligence too cheap to meter, for AI-enabled hardware, and for the garden of intelligent things.

But bad for…

Michael Dempsey

@mhdempsey

19 h

the image on the left might be the most underappreciated chart in technology right now.

Adam Ozimek reposted

Matthew Yglesias

@mattyglesias

17 h

Europe is in a bad place because their immigration is less selective than ours AND is more weighted to people with greater cultural distance AND their labor market and welfare institutions create bad incentives AND their domestic cultures are less open to assimilation.

Adam Ozimek reposted

Kelsey Piper

@KelseyTuoc

19 h

All right, my response on Mississippi is up. I think the strongest argument is simply that steady improvements in every decile for the last twenty years cannot be explained by a one-off change in which students are retained in 2015.

KelseyTuoc's tweet image. All right, my response on Mississippi is up. I think the strongest argument is simply that steady improvements in every decile for the last twenty years cannot be explained by a one-off change in which students are retained in 2015.

Adam Ozimek reposted

Amy Nice

@AmyMNice

May 12

1/ Critics of high-skilled immigration say we already have enough STEM workers since many don't have STEM jobs. But they're counting patent lawyers, physicians, quants, tech execs, and teachers as STEM talent outside of STEM. With his math degree, that includes the new pope! 🧵

AmyMNice's tweet image. 1/ Critics of high-skilled immigration say we already have enough STEM workers since many don't have STEM jobs.

But they're counting patent lawyers, physicians, quants, tech execs, and teachers as STEM talent outside of STEM.

With his math degree, that includes the new pope! 🧵

Adam Ozimek

@ModeledBehavior

20 h

Have not read, but looks like some good news about legalization. Important to look at all margins and think broadly and also just value the fundamental freedom, even if you don't like every single thing that results.

NBER

@nberpubs

20 h

Examining whether access to legal marijuana for medical and recreational purposes reduces suicides rates among older individuals, from @saramarkowitz1 and Katie E. Leinenbach nber.org/papers/w34519

nberpubs's tweet image. Examining whether access to legal marijuana for medical and recreational purposes reduces suicides rates among older individuals, from @saramarkowitz1 and Katie E. Leinenbach nber.org/papers/w34519

Adam Ozimek reposted

Scott Lincicome

@scottlincicome

Dec 3

Adam Ozimek reposted

Bill Hammond

@NYHammond

Dec 3

New report: New York lost more population through the first four years of this decade than any state except West Virginia. As of last July, NYC - the early epicenter of Covid-19 - had gained back less than a quarter of its losses and remained down down by 3% or 262,000

NYHammond's tweet image. New report:

New York lost more population through the first four years of this decade than any state except West Virginia.

As of last July, NYC - the early epicenter of Covid-19 - had gained back less than a quarter of its losses and remained down down by 3% or 262,000

Adam Ozimek reposted

Brian Albrecht

@BrianCAlbrecht

Dec 3

Are Compustat markups rising? Let me say a bit more on this back and forth between two sets of authors. De Loecker, Eeckhout, and Unger (DEU) found that U.S. markups rose from 1.21 to 1.61 between 1980 and 2016. It's been center to debates about corporate power, antitrust, and…

BrianCAlbrecht's tweet image. Are Compustat markups rising?

Let me say a bit more on this back and forth between two sets of authors.

De Loecker, Eeckhout, and Unger (DEU) found that U.S. markups rose from 1.21 to 1.61 between 1980 and 2016. It's been center to debates about corporate power, antitrust, and…

Thibault Schrepel

@ProfSchrepel

Dec 3

The apparent rise in U.S. markups reported by De Loecker et al. (2020) largely disappears once their unreported sample restrictions are removed. Using their described methodology on the full sample shows only modest markup increases, driven almost entirely by Finance and…