pull down to refresh
30 sats \ 2 replies \ @Undisciplined 31 Jul \ parent \ on: 400 Ph.D. Economists vs. One Shiny Rock econ
People have different interests and economic intuition isn't the same as spatial reasoning.
Doing empirical causal inference still requires thinking about human action and incentives, but it's in service of understanding why various measures may be biased and how those biases can be addressed.
Many of us do have backgrounds in the physical sciences, but find these puzzles more interesting to think about.
I think it's exactly this careful thinking about incentives and especially how that plays into measurement that no other technical field seems to think much about. That's what makes economists so valuable inside company strategy and data teams.
reply
People have different interests and economic intuition isn't the same as spatial reasoning.
This I can understand! People have differing skills and interests. For example; have you ever seen an engineer trying to sell something to someone else? It is an interesting experience! Or better yet, have some new sales person talk to someone who has done a lot of sales? Practice and interest have a lot to do with success in some of these fields.
reply