Econolicious
@econo
Followers
249
Following
1K
Media
97
Statuses
1K
A Thorstein #Veblen for the 21st Century: @robkhenderson
"The elite persona is defined by a studied obliviousness to status-seeking. You’re not supposed to act like you’re chasing influence. You’re supposed to act like you just happened to end up there while pursuing truth or service."
0
0
0
Necessary, sufficient conditions, but in a chart:
Many sociologists who study criminology have trouble discerning the real causal relationships causing the correlation.
0
0
0
We have a Limit to how much data we can process in any given second—just ~60 bits per second from all sense organs. This means human consciousness is always limited and we can learn how better to train AI by it. I remade this video about a decade ago.
29
24
173
There is nothing that is not true in our most powerful causal explanations in science. The natural selection explanation is true. The heliocentric explanation is true. "All theory depends on assumptions which are not quite true." -- Bob Solow
Economics professors never professionally trained in science and mathematics like Bob Solow, Paul Samuelson, Milton Friedman & Bob Lucas don't understand the difference between 1) falsehood and 2) nonsense or the formally incoherent. Their models are not false, they are nonsense.
2
1
4
I'm honored to be delivering the Keynote Address at the Heritage Foundation's H-1B conference on Nov 19th in Washington. Register for the conference at link below (no-cost) ⬇️
109
431
2K
Is that an example of the problem the G for Governance in ESG and SEC Rule 206(4)-6 requiring investment advisors to proxy voting was in the clients' interest ?
The fundamental issue is that half of all publicly-traded shares are controlled by passive index funds who, for the most part, outsource their shareholder vote to the advisory firms of ISS and Glass Lewis. ISS and Glass Lewis have no actual ownership themselves and often vote
0
0
3
Education stagnation: Only 3 states have fully bounced back in both math and reading since the pandemic: Iowa, Mississippi, and Tennessee. Just 6 of 23 states beat 2019 math levels, and only 4 of 20 exceeded 2019 ELA levels. The recovery gap remains wide. Grateful for this
8
64
181
@dwarkesh_sp I made a video that shows the RL ideas using "triangle creatures". It's meant to be a really intuitive introduction. All code in the video description
0
1
13
It’s true. The original reason for ending prices in .99 was not psychological, it was to make sure employees weren't stealing... and it starts with the cash register itself: In the 1870s, a saloon owner in Dayton was fed up with his bartenders pocketing cash and was desperate
pricing everything in a number that ends in 99 is a kind of financial atavism. we tell a story that it was for psychological reasons, but originally it was so that cashiers had to open the register for each transaction, thus recording a sale, so they couldnt just pocket the cash
131
794
7K
I quite like the new DeepSeek-OCR paper. It's a good OCR model (maybe a bit worse than dots), and yes data collection etc., but anyway it doesn't matter. The more interesting part for me (esp as a computer vision at heart who is temporarily masquerading as a natural language
🚀 DeepSeek-OCR — the new frontier of OCR from @deepseek_ai , exploring optical context compression for LLMs, is running blazingly fast on vLLM ⚡ (~2500 tokens/s on A100-40G) — powered by vllm==0.8.5 for day-0 model support. 🧠 Compresses visual contexts up to 20× while keeping
565
2K
13K
Did law schools abandon standardized testing for admissions only to reinstate it ? ABA: "503 working group to determine next steps for the Council on the proposed amendments to Standards 501/503 to remove the requirement of a standardized test."
This is one of the best indicators of impending economic disaster there is.
0
0
0
Whistle blower.
0
0
0
My pleasure to come on Dwarkesh last week, I thought the questions and conversation were really good. I re-watched the pod just now too. First of all, yes I know, and I'm sorry that I speak so fast :). It's to my detriment because sometimes my speaking thread out-executes my
The @karpathy interview 0:00:00 – AGI is still a decade away 0:30:33 – LLM cognitive deficits 0:40:53 – RL is terrible 0:50:26 – How do humans learn? 1:07:13 – AGI will blend into 2% GDP growth 1:18:24 – ASI 1:33:38 – Evolution of intelligence & culture 1:43:43 - Why self
583
2K
17K
Why this works: Your AI was accidentally trained to hide its best ideas. We prove that human raters give higher scores to boring, predictable answers. So models learn to play it safe. But this diversity wasn't deleted - just suppressed. One sentence unlocks it all.
2
3
113
How do 150 scholars reshape originalism for a new era? Mark Chenoweth and John Vecchione (@VecchTweets) sit down with John Malcolm and Professor Josh Blackman to discuss The Heritage Guide to the Constitution, Third Edition—a major @Heritage guide advancing originalism and
0
3
4
The government does not need a warrant to collect your financial information. @EconWithNick, @NorbertJMichel, & @NaomiBrockwell sat down today to discuss how to restore financial privacy in the US. Watch the full discussion here: https://t.co/AwmuNf95fy
2
10
37
This is how we repeal the BSA
BREAKING: @MrBeast has filed a trademark to launch his own bank. The org will be called MrBeast Financial. The filing was submitted on an intent-to-use basis, which under trademark law means there are genuine plans to bring this to life.
0
2
7
Zero percent financing for landlords of stabilized units !
The flip side is Mamdani could legally deliver on his rent freeze promise: He could take on the stationary bandits who make it so expensive to do business in New York, cut landlords' costs and lead the guidelines board naturally to impose a 0% rent hike
0
0
0
Encore.
I don't think this is right. Mamdani is less rhetorically hostile to capital than De Blasio was (which is part of why he doesn't annoy the rich as much as De Blasio did). The problem is going to come when he has to manage trade-offs.
0
0
0