Mark Schaffer
@markeschaffer.bsky.social
š¤ 632
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š 32
Professor of Economics, Heriot-Watt University, Edinburgh
pinned post!
The UK macro policy problem is like the classic Irish joke about the lost traveler who asks a local farmer how to get to Dublin. Farmer thinks for a bit and replies, "Well, I wouldn't start from here."
over 2 years ago
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Mutineering
1 day ago
"Taking macroeconomic advice from bond market traders is like taking advice on how to deal with pandemics from undertakers."... Great quote from
@sjwrenlewis.bsky.social
#economics
#endausterity
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arXiv econ.EM Econometrics
10 days ago
Lydia Ashton (University of Wisconsin-Madison): Vibe Econometrics and the Analysis Contract
https://arxiv.org/abs/2605.08071
https://arxiv.org/pdf/2605.08071
https://arxiv.org/html/2605.08071
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Following Hadrian
11 days ago
#RomanSiteSaturday
ā The Roman lighthouse at Patara in Lycia (Türkiye), built under Nero beside the ancient harbour. Probably destroyed by an earthquake in the medieval period, it has now been reconstructed using its original blocks, a rare Roman lighthouse brought back to life in situ.
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Mattan S. Ben-Shachar
20 days ago
Maybe teaching
#rstats
was a mistake? When I first advocated for teaching R in under/grad psych, it felt like the right move: SPSS was rigid and limited only to what can be selected from a stat-analysis decision tree; R on the other hand... 1/
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TheBossRoss š§¶
about 2 months ago
A different perspective. Always helpful.
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Noah Greifer
20 days ago
This is the clearest and most accessible introduction to DML I've ever read:
arxiv.org/abs/2504.08324
Congrats to the authors
@aahrens.bsky.social
,
@markeschaffer.bsky.social
, et al on this amazing paper and great accompanying R package! I'm now DML-pilled.
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An Introduction to Double/Debiased Machine Learning
This paper provides an introduction to Double/Debiased Machine Learning (DML). DML is a general approach to performing inference about a target parameter in the presence of nuisance functions: objects...
http://arxiv.org/abs/2504.08324
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Alison Fisk
25 days ago
Some 3,300 years ago, an ancient Egyptian artist painted this comic illustration of a cat herding geese! š» They used a flake of limestone as a sketchpad for this fun scene. From Deir el-Medina, Thebes. š· Egyptian Museum, Cairo.
#Archaeology
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post malone ergo propter malone
28 days ago
so i guess as a pulse check here's where I'm at on AI: 1) i don't think the AI corps are going to successfully take over the world. local models are too accessible. not enough moat.
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Jessica Hullman
28 days ago
When does using AI to produce research slip into fraud? And why does so much AI-for-science 'optimism' actually rest on a deeply pessimistic view of scientific agency? š¤ New post:
statmodeling.stat.columbia.edu/2026/04/22/f...
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Fraud and the false optimism of AI for science | Statistical Modeling, Causal Inference, and Social Science
https://statmodeling.stat.columbia.edu/2026/04/22/fraud-and-the-false-optimism-of-ai-for-science/
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Julia M. Rohrer
about 2 months ago
Swiss court has ruled that vegan milk substitutes are neither allowed to be called āmilkā nor (literally) ānot milkā which I guess technically leaves the set of admissible names for vegan milk substitutes empty.
www.srf.ch/news/schweiz...
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Laut Bundesgericht darf Hafermilch nicht «Milk» genannt werden.
Vegane Hafermilch darf laut Bundesgericht nicht «Milk» genannt werden.
https://www.srf.ch/news/schweiz/konsumentenschutz-bundesgericht-nur-milch-darf-milch-heissen
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William Gibson
about 2 months ago
But I would have gotten the haircut right.
add a skeleton here at some point
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Dr Rebecca Wragg Sykes
2 months ago
š§Ŗ
#FossilFriday
Mummified baboon, Namibian cave, prob lost beyond the roosting chamber. Re: taphonomy of Homo
#Naledi
, this baboon was +70m in, via small tunnels, and despite humid cave it formed in arid ledge microclimate. as did a 2nd one, in <5 yrs.
digitalcommons.usf.edu/cgi/viewcont...
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Steve Bullock
2 months ago
Happy 75th anniversary to the Fender Telecaster! Checking, it turns out Iāve had a few over the years.
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Arin Dube
2 months ago
People have long predicted that IT would greatly reduce search frictions, including in labor markets. Surprisingly, it hasnāt. One reason is cognitive limits. But another is adversarial adaptation, including signal jamming. In many markets, an arms race develops, blunting any efficiency gains.
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Simon Wren-Lewis
2 months ago
New post: Idiot Wind
mainlymacro.blogspot.com/2026/03/idio...
What Trumpās pointless war against Iran tells us about the US government, the UK political right and the mainstream media in both countries.
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Idiot Wind
What Trumpās war against Iran tells us about the US government, the UK political right and the mainstream media in both countries What...
https://mainlymacro.blogspot.com/2026/03/idiot-wind.html
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Joshua Gans
3 months ago
I don't think we will have a Journopoclypse
open.substack.com/pub/joshuaga...
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Journopoclypse!
Yeah, na. I don't think so
https://open.substack.com/pub/joshuagans/p/journopoclypse?r=oc6a&utm_campaign=post&utm_medium=web&showWelcomeOnShare=true
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Robin Blythe
3 months ago
To elaborate on this a little in a health economics context: I do some work on the effectiveness of algorithmic prediction on pt outcomes. Identifying both mechanisms and outcomes is an *incredibly* complicated process, not least because patients are always being intervened upon. >
#statsky
#episky
add a skeleton here at some point
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Institute for Replication
3 months ago
Where have all the comments gone? For decades, the American Economic Review regularly published formal comments ā papers that replicate, reassess, or challenge earlier AER articles. In our latest blog post, we show: theyāve nearly disappeared.
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Ian Bogost
3 months ago
Is this bad
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Einstein - AI Homework Agent
Einstein logs into Canvas and does your homework automatically. He has his own computer ā he can watch lectures, read essays, write papers, and participate in discussions.
https://companion.ai/einstein
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Simon Wren-Lewis
3 months ago
New post: Budgets are about much more than fiscal sustainability
mainlymacro.blogspot.com/2026/02/budg...
The impression that the OBR forecast sets fiscal policy is because politicians and the media have ignored or downplayed other key aspects of what fiscal policy should be about.
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Budgets are about much more than fiscal sustainability
Ben Zaranko of the IFS has just published a paper on fiscal rule s. It is well researched and well written, but I disagree with its conclu...
https://mainlymacro.blogspot.com/2026/02/budgets-are-about-much-more-than-fiscal.html
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Sunder Katwala (sundersays)
3 months ago
This is stenography, not news reporting. The BBC ought to provide some context, such as putting the scale of the changes which Reform claim are possible into context. This omits the major policy of revoking ILR and deporting legal migrants at unprecedented scale.
www.bbc.co.uk/news/article...
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Reform promises agency to ensure illegal migrant removals
The party's new home affairs spokesman Zia Yusuf says it would be a
https://www.bbc.co.uk/news/articles/cx2jg2g341jo
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Simon Wren-Lewis
3 months ago
New post: How Labour makes fighting right wing populism harder
mainlymacro.blogspot.com/2026/02/how-...
'Tilting left' won't help. Labour has lost much of its base not so much because it hasnāt been left wing enough in economic terms, but more because it has sounded and acted in an illiberal way.
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How Labour makes fighting right wing populism harder
I must confess that this post will be very similar to one I wrote a fortnight ago. The big difference is that this is about this Labour g...
https://mainlymacro.blogspot.com/2026/02/how-labour-makes-fighting-right-wing.html
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Per Engzell
3 months ago
Interviewers were paid per interview, not per hour, so they nudged respondents to skip those questions. Make the question less burdensome, train or monitor interviewers, or (radical idea) pay them properly and missing friends reappear. 3/
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Julia M. Rohrer
3 months ago
Psychologists following a third-variable control strategy that may be best described as "sequential."
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Sam Freedman
3 months ago
New post out: We have a guest post today from the excellent
@dsquareddigest.bsky.social
. "Build the Rail! Save the snails!" Or how we don't need to sacrifice the environment to speed up our mad planning processes. (Free to read)
open.substack.com/pub/samf/p/b...
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Build the Rail! Save the Snails!
How to speed up the planning system without trashing the environment
https://open.substack.com/pub/samf/p/build-the-rail-save-the-snails?r=72szy&utm_campaign=post&utm_medium=web&showWelcomeOnShare=true
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Ben Johnson
3 months ago
I've written about the UKRI funding situation and the 'buckets' explainer, looking in detail at QR, STFC and Quantum.
www.ersatzben.com/p/the-bucket...
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The Bucket Stops Here
UKRIās new funding framework takes a stab at classifying budgets ā but doesnāt yet govern research
https://www.ersatzben.com/p/the-bucket-stops-here
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Andrew Sissons
4 months ago
Weekend plug for my new personal post: Why does regulation often feel so toothless? Sometimes regulators are just useless, but more often the problem is that governments donāt give them the tools or the powers to deter bad behaviour
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Why does regulation often feel so toothless?
A sewage outfall pipe in the River Solway, Cumbria, with (probably) a regulator in the background. Photo by John Collins
https://acjsissons.medium.com/why-does-regulation-often-feel-so-toothless-010c7e51eb01
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A History of Rock Music in 500 Songs
4 months ago
Today weāre looking back at Episode 165: āDark Starā by the Grateful Dead. Cocking in at 4.5 hours long, Andrew delves into the career of the American rock band - but also the historical and cultural context. Listen on Spotify, Apple Podcasts and via the website:
500songs.com/podcast/epis...
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Katie Mack
4 months ago
A reminder to the news media: āconflicting accountsā is what you say BEFORE the incontrovertible video evidence appears. After that, your job is to ask why one side is lying, not to repeat the lie and pretend no one knows the truth.
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Dr Stylite
4 months ago
Brutal and excellent
www.ft.com/content/6f84...
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The rise of the answer machines
Universities trained students to produce polished responses on demand. Then AI learnt the same trick. What now?
https://www.ft.com/content/6f843938-007d-4925-8753-6c94613a068d
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Sunder Katwala (sundersays)
4 months ago
The BBC coverage is absolutely terrible. It leads on "sharply contested narratives" It has a dramatic skew to the US government It has posted the video but has failed to report on what it shows: it shows the US govt account is untrue
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NY Times Pitchbot
4 months ago
What a Long Strange Trump Itās Been Uncle Donās hair has nary a touch of grey, but he and Epstein shared the women, shared the wine. And his ānewā right-wing boogie? Itās a hand-me-down. by Maureen Dowd
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"Online Rent-a-Sage" Bret Devereaux
5 months ago
So this is sort of fascinating because on the one hand obviously the Roman imperial senate was a shadow of what, say, the Senate of the third and second centuries BC had been, but at the same time it was a pretty crucial component of imperial governance into the third century.
add a skeleton here at some point
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"Online Rent-a-Sage" Bret Devereaux
5 months ago
You can see some of these stereotypes - the simple, morally pure countryside vs. the morally compromised, inauthentic city - play out in Greek and Roman literature. So this is a very old idea that recurs regularly.
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Ethan Mollick
6 months ago
Tell all the truth but tell it slantā Success in Circuit lies Too bright for our infirm Delight The Truth's superb surprise This paper finds poetry is a universal single shot jailbreak for LLMs. Systems built to stop prosaic attacks fail when the request is phrased in verse
arxiv.org/abs/2511.15304
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Tim Onion
6 months ago
Incredible headline.
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Elon Musk Could 'Drink Piss Better Than Any Human in History,' Grok Says
Grok has been reprogrammed to say Musk is better than everyone at everything, including blowjobs, piss drinking, playing quarterback, conquering Europe, etc.
https://www.404media.co/elon-musk-could-drink-piss-better-than-any-human-in-history-grok-says/
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Rewild Scotland
6 months ago
When asked, most people (72.4%) living near lynx in Norway say they LIKE living with lynx. Just 8.3% say they dislike lynx. In Scotland, where we're currently denied the opportunity to live near lynx, the majority of people WANT to see lynx reintroduced.
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Dan Davies
6 months ago
The automated problem factory!
add a skeleton here at some point
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Anand Menon
6 months ago
Bloody hell
www.theguardian.com/politics/202...
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https://www.theguardian.com/politics/2025/nov/09/ai-powered-nimbyism-could-grind-uk-planning-system-to-a-halt-experts-warn
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Brittany Trang
6 months ago
A Sharon Begley byline, almost 5 years after her death. Upon hearing the news James Watson had died, a STAT reporter said in our Slack, "I wish I could read what Sharon would have written." Incredible news: Sharon in fact did pre-write a Watson obit. And it is masterful and excoriating. š§Ŗš§¬š§«
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James Watson, dead at 97, was a scientific legend and a pariah among his peers
James Watson, the co-discoverer of the structure of DNA who died Thursday at 97, was a scientific legend and a pariah among his peers.
https://www.statnews.com/2025/11/07/james-watson-remembrance-from-dna-pioneer-to-pariah/
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Dan Diamond
6 months ago
sometimes an Oxford comma can make all the difference
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Zach Weinersmith
6 months ago
Haha, this from the New Yorker is getting passed around the math dork community. I did a comic about this kind of thought a few years ago:
www.smbc-comics.com/comic/commut...
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The Exploding Heads
6 months ago
"it's always the fault of the migrants. Except when it isn't." Colin from Portsmouth thinks we should blame immigrants for things before they even happen.
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Dan Neidle
7 months ago
The fundamental problem: 58% of voters want public spending maintained or increased. 67% want taxes to stay at their current level or be cut. In reality, itās a binary choice. Taxes go up, or spending is cut. Thatās it.
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Libby Heeren
7 months ago
Me: The least-helpful workshops are often the ones given by people who just Know Too Much š„¹ Data Friend: Have you see that blog post about this? Me: No, show me! Data Friend:
anniemueller.com/posts/how-i-...
Me: BRB SENDING THIS TO EVERYONE I KNOW š
#rstats
#python
#databs
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How I, a non-developer, read the tutorial you, a developer, wrote for me, a beginner - annie's blog
āHello! I am a developer. Here is my relevant experience: I code in Hoobijag and sometimes jabbernocks and of course ABCDE++++ (but never ABCDE+/^+ are you kidding? ha!) and I like working with ...
https://anniemueller.com/posts/how-i-a-non-developer-read-the-tutorial-you-a-developer-wrote-for-me-a-beginner
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Simon Wren-Lewis
7 months ago
This week's post: What the call for fiscal headroom reveals
mainlymacro.blogspot.com/2025/10/what...
Exaggerated claims about market reactions to debt and deficits infantilize fiscal policy, and that can be dangerous. The call for more fiscal headroom is just a small example of that danger.
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What the call for fiscal headroom reveals
Everyone, including the IFS, is agreed that the Chancellor should in the budget create more fiscal headroom than she did previously. Rath...
https://mainlymacro.blogspot.com/2025/10/what-call-for-fiscal-headroom-reveals.html
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Jonathan Portes
7 months ago
"The government needs to take ownership of the Budget and use it to construct a convincing narrative. That means not blaming the OBR or HMT but explaining why tax reform is necessary, why it will be good for growth and public services and how pain will be fairly shared.
www.ft.com/content/a06d...
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Blaming the OBR for the Budget maths is a waste of time
The government must explain why tax reform is necessary and desirable for fiscal sustainability
https://www.ft.com/content/a06df3b9-474c-4d42-a17d-e72534f834bd
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Andy Craig
7 months ago
Great moments in redaction history.
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