liam rice
@riamlice.bsky.social
clown of a person!
sports | economics | third thing
university faculty in RI
very much not a professional work account -> views are my own
sports | economics | third thing
university faculty in RI
very much not a professional work account -> views are my own
Reposted by liam rice
McCarthy is up to a 48% pressure rate. Five sacks. Two picks. 87 passing yards on 19 attempts. A -0.58 EPA PER PLAY. This just isn't professional quarterback play. You cannot continue to roll with this without losing a locker room
November 23, 2025 at 8:40 PM
McCarthy is up to a 48% pressure rate. Five sacks. Two picks. 87 passing yards on 19 attempts. A -0.58 EPA PER PLAY. This just isn't professional quarterback play. You cannot continue to roll with this without losing a locker room
Student access to LLMs has meant the student PPTs I get for our semester-long research project are great but then the presentations (where students need to actually explain the content and answer questions) is a trainwreck
November 23, 2025 at 5:46 PM
Student access to LLMs has meant the student PPTs I get for our semester-long research project are great but then the presentations (where students need to actually explain the content and answer questions) is a trainwreck
Reposted by liam rice
I once knew a Federal bank examiner, and one time someone asked him why we had to KEEP inspecting banks over and over. He basically said every new batch of business school grads invents bank fraud from first principles.
AirBnB CEO calling it “vibe revenue” just 👨🍳 😘
The underlying cause of every bubble - debt masquerading as financial innovation - depends on not just short financial memory & speculative neophytism, but reinventing jargon of finance, like how each generation of kids has new ways to say same things.
The underlying cause of every bubble - debt masquerading as financial innovation - depends on not just short financial memory & speculative neophytism, but reinventing jargon of finance, like how each generation of kids has new ways to say same things.
November 22, 2025 at 6:02 PM
I once knew a Federal bank examiner, and one time someone asked him why we had to KEEP inspecting banks over and over. He basically said every new batch of business school grads invents bank fraud from first principles.
this is a fascinating and mundane story at the same time somehow
“There is no world where this makes any sense,” said David Autor, one of the MIT professors who had previously championed his student’s research. www.wsj.com/economy/aida...
An MIT Student Awed Top Economists With His AI Study—Then It All Fell Apart
Aidan Toner-Rodgers shot to academic fame in a field hungry for new insights and revelatory research. But a computer scientist thought something seemed off.
www.wsj.com
November 22, 2025 at 11:32 AM
this is a fascinating and mundane story at the same time somehow
Reposted by liam rice
Odds of a December rate cut have RISEN after jobs report, likely because uptick in unemployment rate, which Fed sees as better metric than jobs since it captures changes in immigration/population.
Still, seems wrong -- rate cut is predicated on threat of rapid drop in hiring, which didn't happen.
Still, seems wrong -- rate cut is predicated on threat of rapid drop in hiring, which didn't happen.
November 20, 2025 at 2:19 PM
Odds of a December rate cut have RISEN after jobs report, likely because uptick in unemployment rate, which Fed sees as better metric than jobs since it captures changes in immigration/population.
Still, seems wrong -- rate cut is predicated on threat of rapid drop in hiring, which didn't happen.
Still, seems wrong -- rate cut is predicated on threat of rapid drop in hiring, which didn't happen.
Reposted by liam rice
Exports down!🍾🥂
The White House just blasted this out under the headline "Good News You May Have Missed"
November 19, 2025 at 10:01 PM
Exports down!🍾🥂
Reposted by liam rice
Allow me to translate. October data was not collected as field staff were all furloughed. In some cases, that data can be recovered from businesses. In other cases, the window to collect the data has closed (consumer prices, labor force status) and the data hole may be permanent.
WHITE HOUSE: FEDERAL STATISTICAL SYSTEM MAY HAVE PERMANENTLY BEEN DAMAGED WHITE HOUSE: OCTOBER JOBS REPORTS LIKELY NEVER RELEASED
November 12, 2025 at 9:35 PM
Allow me to translate. October data was not collected as field staff were all furloughed. In some cases, that data can be recovered from businesses. In other cases, the window to collect the data has closed (consumer prices, labor force status) and the data hole may be permanent.
another day, another university open house
November 8, 2025 at 11:25 PM
another day, another university open house
starting the “flacco > burrow” dialogue
November 2, 2025 at 9:26 PM
starting the “flacco > burrow” dialogue
the concept of positive externalities continues to escape many conservatives—it’s like week 2 after supply and demand
The welfare state is about dignity, equality, and making people not poor, but as @itsafronomics.bsky.social says/cites here, it’s often also an investment that more than pays for itself
Why should you 🫵🏿 care about SNAP? SNAP recipients saw:
- Improved life expectancy
- Lower chance of incarceration
- Lowers chance of poverty
- Lived in better neighborhoods
- Higher human capital
SNAP keeps our neighbors fed, communities safer, and kids educated. Also people are HUNGRY. DUH!
- Improved life expectancy
- Lower chance of incarceration
- Lowers chance of poverty
- Lived in better neighborhoods
- Higher human capital
SNAP keeps our neighbors fed, communities safer, and kids educated. Also people are HUNGRY. DUH!
November 2, 2025 at 6:29 PM
the concept of positive externalities continues to escape many conservatives—it’s like week 2 after supply and demand
Reposted by liam rice
Every time I try to explain to a normie why politicized hiring is bad for universities or government, will use Belichick as an example
just catching up on Bill Belichick’s disastrous year as UNC coach and discovering the exact mechanics of how he secured the job. www.theringer.com/2025/10/31/c...
November 2, 2025 at 1:55 PM
Every time I try to explain to a normie why politicized hiring is bad for universities or government, will use Belichick as an example
chainsaw man movie was good but i really do miss the old art direction
October 27, 2025 at 1:01 AM
chainsaw man movie was good but i really do miss the old art direction
Reposted by liam rice
The trend is real, but this NYT analysis at the Congressional district level has big ecological bias
Poor *areas* vote Republican, but it's often the richer *individuals* within those poorer areas that are most Republican
And many poor *individuals* rich blue urban *areas* vote Dem
Poor *areas* vote Republican, but it's often the richer *individuals* within those poorer areas that are most Republican
And many poor *individuals* rich blue urban *areas* vote Dem
October 24, 2025 at 2:17 PM
The trend is real, but this NYT analysis at the Congressional district level has big ecological bias
Poor *areas* vote Republican, but it's often the richer *individuals* within those poorer areas that are most Republican
And many poor *individuals* rich blue urban *areas* vote Dem
Poor *areas* vote Republican, but it's often the richer *individuals* within those poorer areas that are most Republican
And many poor *individuals* rich blue urban *areas* vote Dem
Reposted by liam rice
Everyone points the finger at Trump, which sure of course, but it really needs to be appreciated just how deep the brain rot goes in today's GOP
Open the page. Scroll down to the timeline. Go through the timeline.
It’s… shocking
It’s… shocking
The White House Building
Every president since John Adams has occupied the White House, and the history of this building extends far beyond the construction of its walls. From the Ground Floor Corridor rooms, transformed from...
www.whitehouse.gov
October 24, 2025 at 4:26 PM
Everyone points the finger at Trump, which sure of course, but it really needs to be appreciated just how deep the brain rot goes in today's GOP
Diners, Drive-Ins, and Drivebys
I don't remember what this one is about, but people are yelling at us even louder than they usually do on Wednesday mornings, so it must be a special one
The Double Heist Episode, Brought To You By None Chirporactics
Podcast Episode · Shutdown Fullcast · 10/22/2025 · 1h 43m
podcasts.apple.com
October 22, 2025 at 7:43 PM
Diners, Drive-Ins, and Drivebys
Today is Bryant University’s annual Giving Day and I’m asking you to donate to our Math & Econ department.
Even a $5 donation counts as a unique donor to our us, which helps unlock various bonus funds for our students.
Please consider donating today!
givingday.bryant.edu/p2p/440478/l...
Even a $5 donation counts as a unique donor to our us, which helps unlock various bonus funds for our students.
Please consider donating today!
givingday.bryant.edu/p2p/440478/l...
October 22, 2025 at 9:50 AM
Today is Bryant University’s annual Giving Day and I’m asking you to donate to our Math & Econ department.
Even a $5 donation counts as a unique donor to our us, which helps unlock various bonus funds for our students.
Please consider donating today!
givingday.bryant.edu/p2p/440478/l...
Even a $5 donation counts as a unique donor to our us, which helps unlock various bonus funds for our students.
Please consider donating today!
givingday.bryant.edu/p2p/440478/l...
Reposted by liam rice
Can I tell you about a cloud service that will never have an outage
October 20, 2025 at 4:20 PM
Can I tell you about a cloud service that will never have an outage
teaching externalities is great because i get to talk about how actually vaccines do indeed work and they protect more than just the person who gets one
October 20, 2025 at 8:34 PM
teaching externalities is great because i get to talk about how actually vaccines do indeed work and they protect more than just the person who gets one
Reposted by liam rice
Mokyr's work could not have been done today in most economics departments, but the irony is that his work would not fit in history departments today, either. Methodologically he seems more 'history' than 'economics' to economists, but the content and reasoning are too 'economics' for most historians
October 13, 2025 at 1:55 PM
Mokyr's work could not have been done today in most economics departments, but the irony is that his work would not fit in history departments today, either. Methodologically he seems more 'history' than 'economics' to economists, but the content and reasoning are too 'economics' for most historians
Reposted by liam rice
Spoke to new Nobel Economics laureate Joel Mokyr early this morning.
His students had asked him about the possibility he would win the Nobel, he said. "I told them that I was more likely to be elected pope than to win the Nobel prize in economics, and I am Jewish by the way."
1/2
His students had asked him about the possibility he would win the Nobel, he said. "I told them that I was more likely to be elected pope than to win the Nobel prize in economics, and I am Jewish by the way."
1/2
October 13, 2025 at 1:25 PM
Spoke to new Nobel Economics laureate Joel Mokyr early this morning.
His students had asked him about the possibility he would win the Nobel, he said. "I told them that I was more likely to be elected pope than to win the Nobel prize in economics, and I am Jewish by the way."
1/2
His students had asked him about the possibility he would win the Nobel, he said. "I told them that I was more likely to be elected pope than to win the Nobel prize in economics, and I am Jewish by the way."
1/2
Reposted by liam rice
The not-a-Nobel-but-we're-gonna-treat-it-like-a-Nobel in economics goes to
Joel Mokyr "for having identified the prerequisites for sustained growth through technological progress"
Philippe Aghion and Peter Howitt "for the theory of sustained growth through creative destruction"
Joel Mokyr "for having identified the prerequisites for sustained growth through technological progress"
Philippe Aghion and Peter Howitt "for the theory of sustained growth through creative destruction"
October 13, 2025 at 9:51 AM
The not-a-Nobel-but-we're-gonna-treat-it-like-a-Nobel in economics goes to
Joel Mokyr "for having identified the prerequisites for sustained growth through technological progress"
Philippe Aghion and Peter Howitt "for the theory of sustained growth through creative destruction"
Joel Mokyr "for having identified the prerequisites for sustained growth through technological progress"
Philippe Aghion and Peter Howitt "for the theory of sustained growth through creative destruction"
“It’s in the syllabus”
But I am the one telling the horror story to students
But I am the one telling the horror story to students
In honour of spooky month, share a 4 word horror story that only someone in your profession would understand.
rm -rf ~/
rm -rf ~/
"The chancellor approved it"
October 12, 2025 at 1:22 PM
“It’s in the syllabus”
But I am the one telling the horror story to students
But I am the one telling the horror story to students
“Assume [a] perfectly competitive market”
In honour of spooky month, share a 4 word horror story that only someone in your profession would understand.
rm -rf ~/
rm -rf ~/
"The chancellor approved it"
October 12, 2025 at 1:21 PM
“Assume [a] perfectly competitive market”
james franklin is performance art (derogatory)
October 12, 2025 at 12:05 AM
james franklin is performance art (derogatory)