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Showing page 148 of 178.
Eric Weinstein @EricRWeinstein
@swede_irish Wow. Uh. If I don’t, who does? E Diewert? B Balk? Who? — PolitiTweet.org
Eric Weinstein @EricRWeinstein
@swede_irish I don’t know what those words mean at a *technical* level. I get what they are meant to suggest, obvio… https://t.co/4qdjLSpjJD — PolitiTweet.org
Eric Weinstein @EricRWeinstein
And we are not even trying to measure that. To this day, I can't *really* understand what CPI-U is. That is either… https://t.co/56VcBglhhK — PolitiTweet.org
Eric Weinstein @EricRWeinstein
It's like publishing a number for the temperature in the US in 2020. Your path dependent price index measure of inf… https://t.co/bFIPt6szQh — PolitiTweet.org
Eric Weinstein @EricRWeinstein
All of these simplifications are made better in a fully path dependent field theory framework with endogenously det… https://t.co/GreXN9YNuS — PolitiTweet.org
Eric Weinstein @EricRWeinstein
The move to look out for is 'Superlative price index numbers give an excellent approximation to the true 'Cost-Of-L… https://t.co/HjhsYxdHI7 — PolitiTweet.org
Eric Weinstein @EricRWeinstein
“The combined assumptions of maximizing behavior, market equilibrium, and stable preferences, used relentlessly and… https://t.co/AVOlXmAKr7 — PolitiTweet.org
Eric Weinstein @EricRWeinstein
You will see in the inflation literature various bizarre tendencies to introduce 'homogenous' or 'homothetic' utili… https://t.co/fF2Lx7Phzb — PolitiTweet.org
Eric Weinstein @EricRWeinstein
You have no idea how crazy econ got to make us all the same so that what we're saying can be ignored. Seriously, th… https://t.co/l630Eg61q2 — PolitiTweet.org
Eric Weinstein @EricRWeinstein
You mean field. Economics is actually all about fields: field operators & field theory. Technically, inflation is… https://t.co/M6tv5GRPmE — PolitiTweet.org
Michael Saylor⚡️ @saylor
@elerianm @TheEconomist There is a different inflation rate for every consumer, varying all the time, depending on… https://t.co/baYJTvaxyf
Eric Weinstein @EricRWeinstein
@JosephPolitano @BLS_gov Wait. Slow down. Did you just say that BLS is claiming to work within a Cost of Living fr… https://t.co/GLiHeB0KHQ — PolitiTweet.org
Eric Weinstein @EricRWeinstein
@JosephPolitano @besttrousers Sorry but that doesn’t make sense. It’s selfcontradictory doublespeak. It literally… https://t.co/3zzw4YPOfW — PolitiTweet.org
Eric Weinstein @EricRWeinstein
@JosephPolitano @besttrousers Uh…The Laspeyres is a *mechanical* index. The BLS site says it works within a *COL* f… https://t.co/ZhJ01r6KVU — PolitiTweet.org
Eric Weinstein @EricRWeinstein
@JosephPolitano @BLS_gov Q: Where do I find the imperfect preferences maps for the COL claim? Q: How were those pr… https://t.co/FvAXwzy9vW — PolitiTweet.org
Eric Weinstein @EricRWeinstein
@JosephPolitano @BLS_gov “Guided by the concept of a COL index but is not a perfect measurement.” Can you show me… https://t.co/mJhNAQD0Me — PolitiTweet.org
Eric Weinstein @EricRWeinstein
@besttrousers I wasn't able to find the answer to the above. Perhaps you had better luck? https://t.co/sVhZSvF9ke — PolitiTweet.org
Matt Darling 🌐🏗️ @besttrousers
This is why it is useful to read the handbook of methods! https://t.co/m4Ib3zJdNg
Eric Weinstein @EricRWeinstein
@besttrousers "[A] market basket of goods and services equivalent to one they could purchase in an earlier period."… https://t.co/ndZjerTc9q — PolitiTweet.org
Eric Weinstein @EricRWeinstein
@Web_IV Okay. I should be pushing something out on CPI soon. — PolitiTweet.org
Eric Weinstein @EricRWeinstein
@sandpapertv @joerogan Way to go Alex! — PolitiTweet.org
Eric Weinstein @EricRWeinstein
What I'm looking for is for BLS to stop pretending it's discerning "THE rate of inflation" to admit that it's makin… https://t.co/Arx9i8yAM0 — PolitiTweet.org
Eric Weinstein @EricRWeinstein
Let me give you the non-answers so you can correct: A1: "Well, you are looking at it too literally...we have studi… https://t.co/9PIleo3Vvb — PolitiTweet.org
Eric Weinstein @EricRWeinstein
Q2: What happens to our BLS COL framework when ordinal tastes change? How is the effect of substitution due to pric… https://t.co/iNvrPJkrog — PolitiTweet.org
Eric Weinstein @EricRWeinstein
Q1: Where exactly do I find the ordinal indifference maps constructed by BLS for a 'Representative Consumer' used t… https://t.co/gMv76u8zuK — PolitiTweet.org
Eric Weinstein @EricRWeinstein
I cannot find any place where the preference maps needed to construct a Laspeyres Konus COL index are gleaned throu… https://t.co/AEoo0L2uP6 — PolitiTweet.org
Eric Weinstein @EricRWeinstein
Great news, given that *every* tick of your BLS CPI forces billions of dollars to change hands. "The concept of th… https://t.co/YH1kXseaIj — PolitiTweet.org
Joey Politano 🏳️🌈 @JosephPolitano
I assure you we are not dangerous! If you want to read about how the BLS calculates the consumer price index you ca… https://t.co/0VASb8DHnG
Eric Weinstein @EricRWeinstein
@GRIEGO_YTU @joerogan Congratulations. It’s hard. — PolitiTweet.org
Eric Weinstein @EricRWeinstein
And it is borderline immoral to make fun of ordinary humans trying to benefit from advice he chooses to share with… https://t.co/gySS70wbof — PolitiTweet.org
Eric Weinstein @EricRWeinstein
So that’s my take as to why people listen. Joe is a guy who, unlike CDC or the Surgeon general is going to level wi… https://t.co/Qewo90S74D — PolitiTweet.org
Eric Weinstein @EricRWeinstein
As such, I always try to listen in on what these people are getting for their families with all that money. I belie… https://t.co/ylKXuam0Hn — PolitiTweet.org
Eric Weinstein @EricRWeinstein
I think we have to understand that people are also looking to Joe as a pass-through for concierge medicine. If you… https://t.co/HlU0jte7IX — PolitiTweet.org