David Rosnick
@rosnick.bsky.social
Fallen physicist. Avid bridge player. Longtime CEPR (DC)
Pinned
David Rosnick
@rosnick.bsky.social
· Apr 9
Do Venezuelan Oil Revenues Drive Migration to the US? A Reappraisal of the Bahar and Hausmann Results
We show that their results are driven by a flawed empirical specification that appears to be the result of a coding error.
cepr.net
New from Francisco Rodríguez, myself, and Giancarlo Bravo:
That recent counter-intuitive @cgdev.org piece by Bahar and Hausmann suffers fatal flaws, starting with a Stata programming error. We fall back on the intuitive conclusion that U.S. economic conditions drive encounters at the border
That recent counter-intuitive @cgdev.org piece by Bahar and Hausmann suffers fatal flaws, starting with a Stata programming error. We fall back on the intuitive conclusion that U.S. economic conditions drive encounters at the border
Reposted by David Rosnick
Bsky hasn’t heard the story about the time that I was giving a virtual colloquium to the Aspen Center for Physics in September 2020 and Lawrence Krauss, Geoff Marcy, Christian Ott all attended as a group
ACP now has a policy that would prevent this from happening, because of that incident 🔭
ACP now has a policy that would prevent this from happening, because of that incident 🔭
November 16, 2025 at 7:11 PM
Bsky hasn’t heard the story about the time that I was giving a virtual colloquium to the Aspen Center for Physics in September 2020 and Lawrence Krauss, Geoff Marcy, Christian Ott all attended as a group
ACP now has a policy that would prevent this from happening, because of that incident 🔭
ACP now has a policy that would prevent this from happening, because of that incident 🔭
Not precisely, but in recognizable strokes:
The current account records the balance of trade in currently-produced goods and services. A negative balance means the market value of our imports exceeded that of our exports. This is what we call a "trade deficit". (Quotes to be explained)
The current account records the balance of trade in currently-produced goods and services. A negative balance means the market value of our imports exceeded that of our exports. This is what we call a "trade deficit". (Quotes to be explained)
November 16, 2025 at 4:11 PM
Not precisely, but in recognizable strokes:
The current account records the balance of trade in currently-produced goods and services. A negative balance means the market value of our imports exceeded that of our exports. This is what we call a "trade deficit". (Quotes to be explained)
The current account records the balance of trade in currently-produced goods and services. A negative balance means the market value of our imports exceeded that of our exports. This is what we call a "trade deficit". (Quotes to be explained)
Reposted by David Rosnick
people don't even notice how at the beginning of the last chapter of The Lord of the Rings, Frodo defunds the police
February 28, 2025 at 7:56 AM
people don't even notice how at the beginning of the last chapter of The Lord of the Rings, Frodo defunds the police
Reposted by David Rosnick
Just so we're clear on something, if Keller is Captain of the Fleet technically that makes her a Fleet Captain which is higher rank than Captain, so technically she outranks the other seven Captains in the PWHL. This information is of no value whatsoever. Carry on with your day.
November 15, 2025 at 11:17 PM
Just so we're clear on something, if Keller is Captain of the Fleet technically that makes her a Fleet Captain which is higher rank than Captain, so technically she outranks the other seven Captains in the PWHL. This information is of no value whatsoever. Carry on with your day.
Reposted by David Rosnick
Imagine being the person he’s talking about here and reading this on the internet 7 years later.
The emails have Summers reporting to Epstein about his attempts to date a Harvard economics student & to hit on her during a seminar she was giving.
November 16, 2025 at 5:27 AM
Imagine being the person he’s talking about here and reading this on the internet 7 years later.
Reposted by David Rosnick
truly it is a mystery why women find it hard to get ahead in academia
"I could be a mentor to this very sharp person but as they aren't interested in me romantically I'm going to have to cut off all communication with them."
"Also, only men get the best mentors like me who can help them get into top journals. Clearly that's because men have higher IQ than women."
"Also, only men get the best mentors like me who can help them get into top journals. Clearly that's because men have higher IQ than women."
November 16, 2025 at 12:44 AM
truly it is a mystery why women find it hard to get ahead in academia
Reposted by David Rosnick
The emails have Summers reporting to Epstein about his attempts to date a Harvard economics student & to hit on her during a seminar she was giving.
November 15, 2025 at 9:48 PM
The emails have Summers reporting to Epstein about his attempts to date a Harvard economics student & to hit on her during a seminar she was giving.
Reposted by David Rosnick
Interestingly, this is not true. Nice example of one of the central analytic pitfalls in this area, confusing net flows with gross ones.
I cannot emphasize enough that increasing foreign investment in the US and shrinking US trade deficits are in direct, irreconcilable tension w/ one another.
*US TO LOWER TARIFF RATE ON SWISS GOODS TO 15%, GREER SAYS
*SWITZERLAND AGREED TO $200B INVESTMENT IN THE US, GREER SAYS
*US TO LOWER TARIFF RATE ON SWISS GOODS TO 15%, GREER SAYS
*SWITZERLAND AGREED TO $200B INVESTMENT IN THE US, GREER SAYS
November 14, 2025 at 4:59 PM
Interestingly, this is not true. Nice example of one of the central analytic pitfalls in this area, confusing net flows with gross ones.
Once again asking people going off about balance of payments accounting to recognize the difference between "investment" and a "net capital flow"
November 14, 2025 at 3:19 PM
Once again asking people going off about balance of payments accounting to recognize the difference between "investment" and a "net capital flow"
You are leaving out “not knowing what gets accounted for”… the most likely source of the nonsense you replied to
the classic economics pundit error is mistaking an accounting identity for a causal relationship. a less classic error is to try to abolish the accounting identity
November 14, 2025 at 2:36 PM
You are leaving out “not knowing what gets accounted for”… the most likely source of the nonsense you replied to
Betting this is an argument from accounting in which @peark.es does not understand what is accounted for
I cannot emphasize enough that increasing foreign investment in the US and shrinking US trade deficits are in direct, irreconcilable tension w/ one another.
*US TO LOWER TARIFF RATE ON SWISS GOODS TO 15%, GREER SAYS
*SWITZERLAND AGREED TO $200B INVESTMENT IN THE US, GREER SAYS
*US TO LOWER TARIFF RATE ON SWISS GOODS TO 15%, GREER SAYS
*SWITZERLAND AGREED TO $200B INVESTMENT IN THE US, GREER SAYS
November 14, 2025 at 2:33 PM
Betting this is an argument from accounting in which @peark.es does not understand what is accounted for
Reposted by David Rosnick
‘No! Not Larry Summers!’ Wails Devastated Nation
‘No! Not Larry Summers!’ Wails Devastated Nation
WASHINGTON—Responding to recent revelations suggesting the prominent economist was a close associate of the late child sex trafficker Jeffrey Epstein, a devastated nation reportedly joined together to...
theonion.com
November 13, 2025 at 8:30 PM
‘No! Not Larry Summers!’ Wails Devastated Nation
Reposted by David Rosnick
Karoline Leavitt standing in front of her sole job description
November 13, 2025 at 3:07 PM
Karoline Leavitt standing in front of her sole job description
Reposted by David Rosnick
What's from Chicago, hates Illinois Nazis, and is holy as fuck?
It's the Pope in 1982.
It's the Pope in 1982.
November 13, 2025 at 1:37 AM
What's from Chicago, hates Illinois Nazis, and is holy as fuck?
It's the Pope in 1982.
It's the Pope in 1982.
Reposted by David Rosnick
Just two barely literate guys with way too much power, destroying the lives of countless little girls simply because they could
November 13, 2025 at 2:38 AM
Just two barely literate guys with way too much power, destroying the lives of countless little girls simply because they could
Reposted by David Rosnick
I did not have "Not Like Us" on daily rotation for an entire year for the American media to start carrying water for middle-aged dudes creeping on high school sophomores.
in case you're wondering how the cope is going www.mediamatters.org/megyn-kelly/...
November 13, 2025 at 1:14 AM
I did not have "Not Like Us" on daily rotation for an entire year for the American media to start carrying water for middle-aged dudes creeping on high school sophomores.
Reposted by David Rosnick
New York Times killed Weinstein and Epstein stories but just asked Ms Rachel if she was funded by Hamas.
November 12, 2025 at 8:50 PM
New York Times killed Weinstein and Epstein stories but just asked Ms Rachel if she was funded by Hamas.
Reposted by David Rosnick
As all this disgusting Epstein shit starts surfacing more and more, I hope we don't lose sight of the fact that apparently every major media outlet knew everything and instead spent their time money and energy attacking the trans community.
November 13, 2025 at 1:07 AM
As all this disgusting Epstein shit starts surfacing more and more, I hope we don't lose sight of the fact that apparently every major media outlet knew everything and instead spent their time money and energy attacking the trans community.
Reposted by David Rosnick
if all that has to happen to break the filibuster is to threaten "we will nuke the filibuster," then of what purpose is the filibuster
November 12, 2025 at 11:53 PM
if all that has to happen to break the filibuster is to threaten "we will nuke the filibuster," then of what purpose is the filibuster
Reposted by David Rosnick
You don’t invite people to the Situation Room to try to bully them into removing their name from a discharge petition because you are innocent. Just saying.
November 12, 2025 at 11:54 PM
You don’t invite people to the Situation Room to try to bully them into removing their name from a discharge petition because you are innocent. Just saying.
Reposted by David Rosnick
As everyone has pointed out, the guy is covered in racist-curious tattoos.
But also, this is a lame, transparent attempt to deflect from the fact that his no beards policy is clearly aimed at and will disproportionately affect black men.
"Hey look at all the silly white people we're pissing off!"
But also, this is a lame, transparent attempt to deflect from the fact that his no beards policy is clearly aimed at and will disproportionately affect black men.
"Hey look at all the silly white people we're pissing off!"
Hegseth: "We don't need to be a military of beardos anymore. Do you know how many troops claim to be Nordic Pagan? No, suddenly it's become this real fake religious affiliation inside the Pentagon where troops came to be Nordic Pagan so they can grow a beard and nobody challenges them on it."
November 12, 2025 at 3:03 PM
As everyone has pointed out, the guy is covered in racist-curious tattoos.
But also, this is a lame, transparent attempt to deflect from the fact that his no beards policy is clearly aimed at and will disproportionately affect black men.
"Hey look at all the silly white people we're pissing off!"
But also, this is a lame, transparent attempt to deflect from the fact that his no beards policy is clearly aimed at and will disproportionately affect black men.
"Hey look at all the silly white people we're pissing off!"
Reposted by David Rosnick
Hi.
I’ve been editor-in-chief of Teen Vogue for the last 4.5 years — a dream job, one I never thought a Brown girl from small town Louisiana might hold.
I am so incredibly proud of the work we’ve done and what we accomplished. Our journalism has won major awards. (cont’d)
I’ve been editor-in-chief of Teen Vogue for the last 4.5 years — a dream job, one I never thought a Brown girl from small town Louisiana might hold.
I am so incredibly proud of the work we’ve done and what we accomplished. Our journalism has won major awards. (cont’d)
November 11, 2025 at 5:41 PM
Hi.
I’ve been editor-in-chief of Teen Vogue for the last 4.5 years — a dream job, one I never thought a Brown girl from small town Louisiana might hold.
I am so incredibly proud of the work we’ve done and what we accomplished. Our journalism has won major awards. (cont’d)
I’ve been editor-in-chief of Teen Vogue for the last 4.5 years — a dream job, one I never thought a Brown girl from small town Louisiana might hold.
I am so incredibly proud of the work we’ve done and what we accomplished. Our journalism has won major awards. (cont’d)
Reposted by David Rosnick
This project was fueled by RAGE
RAGE whenever I read or heard about (another) abuse of power by faculty
RAGE whenever I was asked to discuss a paper about gender wage differentials that attributed gaps to "preferences" with no consideration of how "preferences" are formed
RAGE whenever I read or heard about (another) abuse of power by faculty
RAGE whenever I was asked to discuss a paper about gender wage differentials that attributed gaps to "preferences" with no consideration of how "preferences" are formed
📣 New NBER Working Paper out today 📣
"The Consequences of Faculty Sexual Misconduct"
Sarah Cohodes & Katherine Leu
"The Consequences of Faculty Sexual Misconduct"
Sarah Cohodes & Katherine Leu
November 11, 2025 at 2:38 PM
This project was fueled by RAGE
RAGE whenever I read or heard about (another) abuse of power by faculty
RAGE whenever I was asked to discuss a paper about gender wage differentials that attributed gaps to "preferences" with no consideration of how "preferences" are formed
RAGE whenever I read or heard about (another) abuse of power by faculty
RAGE whenever I was asked to discuss a paper about gender wage differentials that attributed gaps to "preferences" with no consideration of how "preferences" are formed
While Congress pretends this budget negotiation matters…
Trump on Air Traffic Controllers: The one’s that stayed, I'm sending them a $10,000 bonus.
Ingraham: Where is that money coming from?
Trump: I don't know.
Ingraham: Where is that money coming from?
Trump: I don't know.
November 11, 2025 at 4:39 AM
While Congress pretends this budget negotiation matters…
Reposted by David Rosnick
Also….it isn’t anywhere near the best museum in Paris (“put it in D’Orsay” isn’t as catchy tho)
November 11, 2025 at 3:43 AM
Also….it isn’t anywhere near the best museum in Paris (“put it in D’Orsay” isn’t as catchy tho)