Mike Makowsky

@mikemakowsky.bsky.social

Professor of Economics at Clemson University Crime, Political Economy, Religion #COYS Monday ramblings @ https://economistwritingeveryday.com/author/mdmakowsky/

Software patents are hard to enforce and obsolete quickly. Hundreds of billions have been invested in AI. If investors anticipate rapid market proliferation of competing AIs before they can recoup investments via monopoly rents, being heavily regulated would, coincidentally, be very attractive

Is there a political party in favor of reverting the Internet to just being a lot of poorly-indexed Geocities pages? 3 megs per person, free! All social problems solved. If you don't like it, use the newly-revived usenet we'll create.

Hey #econsky - I've got a grad student whose staggered treatment diff-in-diff event study results are essentially the same if she runs a 2 stage (a la Gardner), stacked EV, Call-Sant, or Sun-Abra saturated model. If you had to pick one to feature as your primary estimation, which would you choose?

"Coyote vs Acme" is to "Erin Brockovich" what "Who Framed Roger Rabbit" was to "Chinatown". It was very funny and, as a Gen X'r who always rooted for the Coyote because he never gave up, it suprisingly hit me in the feels a couple times.

Some thoughts on higher ed: 1) Remember, lots of college students go to some type of public college, paying in-state tuition. 2) Overall, prices have slightly declined in the last decade. Yet they were already very high, driven by Baumol's cost disease and reduced subsidies to public colleges.

USAID was a free space for tankie and tankie adjacent dingbats to score edgy contrarian points by wildly exaggerating how imperialist it was, confident in the belief that it wouldn’t just disappear, except now it has and everyone is uncomfortably looking elsewhere

William B. Fuckley@opinionhaver.bsky.social · 3w ago

In terms of people who would otherwise have lived dying there’s a case for it being the worst thing any leader has done this century, easily one of the worst, but people usually on about Amerikkka are often silent because it is something good the US was doing that stopped in the worst possible way

Dolly Parton, among a thousand other amazing things she did in her life, gifted over 330 million books to kids through her Imagination Library program. Her passing is a tremendous loss to the world, but you can support the program today to keep it going imaginationlibrary.com

Dolly Parton's Imagination Library | USA, UK, IE, CA, AU

Dolly Parton’s Imagination Library is a book gifting program that mails free books to children from birth until they begin school in participating areas.

imaginationlibrary.com

Two married professors and their son are being held in ICE detention, despite being legal permanent residents and having no criminal records. All, apparently, because their mom/MIL was a translator for the Iranian hostage takers in 1979, before they were even born. www.thenation.com/article/soci...

One Woman’s Message From the Hell of ICE Detention

My husband, son, and I have been locked up for months—despite being permanent residents with no criminal record. It is an unendurable, unending nightmare.

thenation.com

Apropos of nothing and a full week late, I'd like it on the record that I was always entertained watching Russell Westbrook play basketball. The OKC years felt like an apology from the gods for making AI's career so short.

You know that source of US power that's lingering due to network effects—so many use the dollar and dollar-denominated assets that it'd be a pain to switch, there's no alternative—the power we haven't managed to throw away yet? Yeah, we want to trash that one too. While calling it "America First."

Olga Nesterova@onestpress.onestnetwork.com · last mo.

JD Vance wants to end the US dollar's position as a global reserve currency. (Loud cheers in Beijing and Moscow)

Video of an ICE agent pulling a gun on a wife and mother, who is a US citizen born and raised in the area, near Bailey's Crossroads in Northern Virginia yesterday. Chillingly, they claimed she “almost ran them over” until she told them she had video proving that was a lie.

The existence of a "DSA," of a young left, breaks through in old media, and thus to older people, and the existence of a radical left is a legible, understood phenomenon to older people, but insane radicalism among young right-wingers isn't so covered in old media and isn't legible to older people.

Some things I've learned about legislative advocacy, and I think my record speaks for itself. 1. Start by asking for everything you want. Stop preemptively negotiating against yourself. The process of passing the bill will whittle it down. Why started with a whittled down product?

"Hassle is regressive" is such a perfect encapsulation of a really deep and important insight for policy design. I will use this regularly. I hope Justin will forgive me if I almost never credit him. Such constant citation would just be too much...trouble.

Platypus Economics with Justin Wolfers@platypuseconomics.bsky.social · 2mo ago

Means-tested programs like SNAP are shaped not just by benefit levels, but by hassle. And hassle is regressive: it hits hardest when you lack a car, flexibility, cash, or time.⁣ ⁣ https://newsletter.platypuseconomics.com/p/how-snaps-new-rules-make-eligible

A group of crime economists is launching an Association for Crime Economics. It's about time this field got the official structure it deserves! Huge thanks to Amanda Agan and others for doing this. Want to stay in the loop? Sign up for updates here: rhahn-niskanen.github.io/Association-...

Association for Crime Economics

A proposed professional organization advancing the economic analysis of crime, criminal justice, and public safety. Join our mailing list.

rhahn-niskanen.github.io

We're near the ten-year anniversary of this interview, which was viewed as wildly controversial at the time. It led to hit pieces on me from liberal outlets like The New Republic as well as death threats. Now it's seen as conventional wisdom -- but it always was!

Sarah Kendzior making obvious points about authoritarian kleptocracy in the US under Trump on MSNBC in Nov 2016