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74 sats \ 1 reply \ @SimpleStacker 23h \ parent \ on: The Collapse of the Econ PhD Job Market econ
always improvements to make on one's work
Often times what stops a PhD from graduating in 5 years instead of 6+ is their own neuroticism. If they insisted to their advisor that they want to finish up, and plan to go into industry, I doubt many advisors would stop them.
Most economists aren't regime apologists
Most PhD economists are wonks who don't think much about politics or policy at all, except when they're asked by seminar participants about their "policy implications", where they then make up something half baked.1 I think many would just be content to dick around with mathematical models and cute little data tricks all day.
Despite the job market challenges, I still think that the economist's training is pretty well equipped for the age of AI, since it integrates knowledge across a lot of domains and has broad applicability.

Footnotes

  1. My favorite was when someone's research showed that exposure to immigrants improves feelings towards immigrants. When asked about policy implications, he said that the authorities should allocate migrants to neighborhoods based on pre-existing migrant shares... ↩
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50 sats \ 0 replies \ @Undisciplined 23h
I still think that the economist's training is pretty well equipped for the age of AI
I think so too. Literally, no one else spends as much time thinking about how to remove bias as econometricians and I don't think there's anyway to avoid massive bias problems in AI models.
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