Christian T. Elbaek

@celbaek.bsky.social

Associate Professor at Aarhus University | investigating how scarcity and economic inequality influences financial and moral judgment & decision-making Website: https://www.au.dk/en/chel@mgmt.au.dk

It has become received wisdom in Brussels and Washington that there is a new “euro-sclerosis”: that the EU economy is lagging the US This view is wrong A little primer on the measurement of productivity – and why reports of the economic death of Europe are greatly exaggerated🧵

New paper in Science: In a platform-independent field experiment, we show that reranking content expressing antidemocratic attitudes and partisan animosity in social media feeds alters affective polarization. 🧵

Today, social media platforms hold the sole power to study the effects of feed-ranking algorithms. We developed a platform-independent method that reranks participants’ feeds in real time and used this method to conduct a preregistered 10-day field experiment with 1256 participants on X during the 2024 US presidential campaign. Our experiment used a large language model to rerank posts that expressed antidemocratic attitudes and partisan animosity (AAPA). Decreasing or increasing AAPA exposure shifted out-party partisan animosity by more than 2 points on a 100-point feeling thermometer, with no detectable differences across party lines, providing causal evidence that exposure to AAPA content alters affective polarization. This work establishes a method to study feed algorithms without requiring platform cooperation, enabling independent evaluation of ranking interventions in naturalistic settings.

Four (!) three-year postdoc positions available at @au.dk: international.au.dk/about/profil... Join an incredible team & help understand the psychological & political implications of the clash between high-speed society & slow-speed democracy. Please share! @tboeggild.bsky.social can help with Qs

Four three-year postdoctoral positions in the project Slow-Motion Democracy - Vacancy at Aarhus University

Vacancy at Department of Political Science, Aarhus University

international.au.dk

It's ok, all holders of these securities need to do is buy an over-the-counter credit derivative to hedge their default risk, then securitize and tranche those derivative contracts and sell the resulting income streams. Assuming the top tranches get AAA credit ratings, what could possibly go wrong?

Charlie Warzel@cwarzel.bsky.social · 9mo ago

quite literally everything i hear about the economics of this feels insane, especially given the big issue of the tools not doing what boosters say they will do. so many details make me feel very not good!

This #SPSP preconference 1st happened in January of 2016 when the area was 'emerging'. It's more arrived than emerging these days. I will talk about how to approach inequality scholarship (be it central or peripheral to your research question) from a functional perspective: rdcu.be/eBHv8

Jennifer Sheehy-Skeffington@jsskeffington.bsky.social · 10mo ago

SPSP Economic Inequality & Social Class Preconference is back! Speakers include: @mwkraus.bsky.social @andreicimpian.bsky.social @frederiqueautin.bsky.social @celbaek.bsky.social Submit flash talk: tinyurl.com/2r79dwrr With @sebastiengoudeau.bsky.social, Bruno Gabriel S Casara, Ivan Cano, Paul Piff

Interested in how social psychology can illuminate socioeconomic inequality? Come join us for the preconference on economic inequality and social class at SPSP!

Jennifer Sheehy-Skeffington@jsskeffington.bsky.social · 10mo ago

SPSP Economic Inequality & Social Class Preconference is back! Speakers include: @mwkraus.bsky.social @andreicimpian.bsky.social @frederiqueautin.bsky.social @celbaek.bsky.social Submit flash talk: tinyurl.com/2r79dwrr With @sebastiengoudeau.bsky.social, Bruno Gabriel S Casara, Ivan Cano, Paul Piff

Økonom og lektor ved CBS Birthe Larsen: »Vi ved, at det påvirker børn negativt hele livet at vokse op i fattigdom, og at de har svært ved at kravle op igennem indkomstlagene. Den her undersøgelse giver et bud på, hvorfor det er så svært«, siger hun. Læs denne artikel!: politiken.dk/del/gUv3kYAE...

Fattige børn får dårligere mad, får sjældnere børstet tænder og får mindre opbakning fra læreren

Danmark | Sektionen med Politikens undersøgende journalistik og seneste nyt indenfor politik, ret, sundhed, uddannelse, forbrug, økonomi og aktuelle temaer

politiken.dk

Episode five of Antisocial Economics is out now! @wealtherty.bsky.social talks to Professor Adrian Sinfield about the hidden world of tax expenditures, and why we know so little about a huge government expenditure that benefits higher income earners the most.

Antisocial Economics

What is wealth? How come so many of us haven’t got any? How does wealth inequality make poverty worse? In the UK and other rich economies, wealth inequality and poverty are at incredibly high…

buff.ly

I dag træder et nyt kontanthjælpssystem i kraft. Forskning viser at Kontanthjælpsreformen i 2002 med nettofald i indkomst for de fattigste på 30% (starthjælp) betød mere fattigdom, børn der trivedes dårligere, fik dårligere karakterer, kortere uddannelse, mindre i job, lavere indkomst som voksne.

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You’ve seen this movie before: Maybe Reagan guessed, Bush hoped, and Trump tried—but tax cuts never paid for themselves. Given the mountain of evidence, claiming once again that "tax cuts will pay for themselves" is no longer ideologically motivated optimism. It's a lie.

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If you took the $1.1 trillion earned by just 100 billionaires last year and mailed every household a check, it'd be $8,700 each. The thing is most billionaires don't actually pay taxes anymore. What the GOP bill is really doing is selling off public lands and cutting Medicare to pay off oligarchs.

A bar chart titled “The Cost of Billionaires Visualized” compares major U.S. expenses to the 2024 year-over-year wealth gains of just 100 billionaires. Bars represent spending or gains in billions of dollars and are labeled with household-level (HH) equivalents. Categories shown include:
	•	Ending homelessness: $20B ($159 per household)
	•	Federal employees: $210B ($1,670/HH)
	•	Teacher salaries: $214B ($1,702/HH)
	•	Gasoline: $307B ($2,449/HH)
	•	Groceries: $664B ($5,278/HH)
	•	Defense budget: $824B ($6,553/HH)
	•	100 billionaires: $1,094B ($8,700/HH)

A red banner at the bottom reads: “If we can’t afford groceries, we definitely can’t afford billionaires.”
Sources listed include HUD, NEA, BLS, USDA, OPM, and Bloomberg (Dec. 31, 2024).

Fellow European researchers, if at all in your power, try to get your school to consider late applicants who were admitted to US programs. Hearing from many cases of admitted to top US schools who last minute realize they won't be allowed in the country.

What do tax cuts for the rich do? They increase inequality. They have no effect on economic growth or unemployment. "Our results provide strong evidence against the influential political–economic idea that tax cuts for the rich ‘trickle down’ to boost the wider economy."

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‼️If you haven't seen the call already, this is your reminder‼️ 3-year postdoc in computational social science at Aarhus University to study societal norms about political power 🫅 I'll be @comptext.bsky.social in Vienna (April 24-26) if you want to meet up and hear more about the position ☕🗣️

Kristina Bakkær Simonsen@kristinabsimonsen.bsky.social · last yr.

💥Postdoc call 💥 Join my @erc.europa.eu project #YOPOW at Aarhus University 🎇 3-y position (possibility of 1-y extension) ❓How societal norms give rise to biased beliefs about political power in youth 🤖 Computational social science (large-scale text & image data) Deadline May 15: bit.ly/4hIpSeD