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2023 Nobel Prize in economics awarded to Claudia Goldin

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Re: 2023 Nobel Prize in economics awarded to Claudia Goldin

#121

Post by slothtrop »

uoaei wrote: post #117
lanfeust6 wrote: post #111

Earlier quoted context omitted.

It's a Social Science and no one says otherwise. This is always harped on by commies because research doesn't swing in their favor.

It has the same problem as other social sciences in that often the experiments are set up in ways that just so happen to prove the ideological biases of the researchers. It also happens that the researchers who are awarded the most prestige and airtime are sympathetic if not outright fanatics of the prevailing order.

"often" is not a number, and Economics has improved it's reproducibility rate more than any other social science.

> researchers who are awarded the most prestige and airtime are sympathetic if not outright fanatics of the prevailing order.

The most well-known Economists living, to the public, lean anywhere between left and far left. Stiglitz, Varoufakis, Piketty, Krugman. So that's horseshit. I also couldn't think of one who's "fanatic" of the prevailing order at all, they all have criticisms of the government; unless "prevailing order" for you translates to Liberal democracy.

Re: 2023 Nobel Prize in economics awarded to Claudia Goldin

#122

Post by nequo »

uoaei wrote: post #117
lanfeust6 wrote: post #111

Earlier quoted context omitted.

It's a Social Science and no one says otherwise. This is always harped on by commies because research doesn't swing in their favor.

It has the same problem as other social sciences in that often the experiments are set up in ways that just so happen to prove the ideological biases of the researchers. It also happens that the researchers who are awarded the most prestige and airtime are sympathetic if not outright fanatics of the prevailing order.

Could you be specific and point to a highly cited study that set up such an experiment? What in the experimental design do you think mechanically reinforced ideological biases and how would you have designed the experiment instead?

Re: 2023 Nobel Prize in economics awarded to Claudia Goldin

#123

Post by uoaei »

slothtrop wrote: post #121
uoaei wrote: post #117

Earlier quoted context omitted.

It has the same problem as other social sciences in that often the experiments are set up in ways that just so happen to prove the ideological biases of the researchers. It also happens that the researchers who are awarded the most prestige and airtime are sympathetic if not outright fanatics of the prevailing order.

"often" is not a number, and Economics has improved it's reproducibility rate more than any other social science. > researchers who are awarded the most prestige and airtime are sympathetic if not outright fanatics of the prevailing order. The most well-known Economists living, to the public, lean anywhere between left and far left. Stiglitz, Varoufakis, Piketty, Krugman. So that's horseshit. I also couldn't think of…

Stiglitz I mostly agree he is "popular". Krugman is free-market-if-only-but-we-need-regulation so not really as left as you portray. Piketty often gets headpats from liberal press when he stirs, but is otherwise not really given the time of day because no one seems to have the energy to contend with his tomes. I think you live in a bubble if you think Varoufakis and his ideas are well-known to the public.

We could also talk about Banerjee and Sachs, but again, both couch their analyses in metrics that pre-suppose the supremacy of, and justify, the ways "value" are considered and what constitutes "progress" in popular discourse.

Re: 2023 Nobel Prize in economics awarded to Claudia Goldin

#124

Post by oldgradstudent »

Hamuko wrote: post #82
oldgradstudent wrote: post #20

Earlier quoted context omitted.

There are plenty of awards granted for great work in computer science, electrical engineering, or any number of other fields. It doesn't make them Nobel prizes. At least the ACM never attempted to hang on the coattails of the the Nobel Prize by naming the Turing award for Alfred Nobel.

> At least the ACM never attempted to hang on the coattails of the the Nobel Prize by naming the Turing award for Alfred Nobel. Aren't they riding on the coattails of Turing instead?

Turing wasn't nearly as well known as he is now. The cryptoanalysis of the Enigma remained classified until the early 1970s, long after the Turing award was established (the first award was given in 1966).

Re: 2023 Nobel Prize in economics awarded to Claudia Goldin

#125

Post by lanfeust6 »

uoaei wrote: post #123
slothtrop wrote: post #121

Earlier quoted context omitted.

"often" is not a number, and Economics has improved it's reproducibility rate more than any other social science. > researchers who are awarded the most prestige and airtime are sympathetic if not outright fanatics of the prevailing order. The most well-known Economists living, to the public, lean anywhere between left and far left. Stiglitz, Varoufakis, Piketty, Krugman. So that's horseshit. I also couldn't think of…

Stiglitz I mostly agree he is "popular". Krugman is free-market-if-only-but-we-need-regulation so not really as left as you portray. Piketty often gets headpats from liberal press when he stirs, but is otherwise not really given the time of day because no one seems to have the energy to contend with his tomes. I think you live in a bubble if you think Varoufakis and his ideas are well-known to the public. We could al…

> Krugman is free-market-if-only-but-we-need-regulation so not really as left as you portray

A Liberal and Keynesian. I'd say firmly on the left side of the spectrum, this is only contested by the more zealous Twitter leftists who'd frame the lot of them as right-wing/neo-liberals.

> I think you live in a bubble if you think Varoufakis and his ideas are well-known to the public.

None of their ideas are well-known to the public, just their political affiliation. Granted Varoufakis, it having been years since the Greek crisis, is receiving less attention now.

> We could also talk about Banerjee and Sachs,

I can already hear the collective "who?"

On the right I guess Sowell is still alive, over 90 years old.

Re: 2023 Nobel Prize in economics awarded to Claudia Goldin

#126

Post by o0banky0o »

slothtrop wrote: post #110
baq wrote: post #6

Earlier quoted context omitted.

Plenty of unintuitive results in science. Economics is especially prone to fallacies, so proof and data is welcome.

No more so than other social science, all are susceptible to being politicized. See the current climate surrounding gender.

Point still stands, data is very welcome

Re: 2023 Nobel Prize in economics awarded to Claudia Goldin

#127

Post by SantalBlush »

neaden wrote: post #108
glimshe wrote: post #56

Earlier quoted context omitted.

There has been substantial amount of empirical work on remote seeing and telepathy, including some that "prove" them to be true.

Doing a legitimate experiment on remote seeing for instance is by definition science, just like doing experiments trying to prove luminiferous ether were science back in the 19th century. Science is a methodology, not facts and something doesn't become science just because your hypothesis is correct or incorrect.

Right, the question is whether the hypothesis or theory is falsifiable, regardless of the subject matter. Economic theories are falisifable; we can see pretty clearly how much the theoretical models deviate from observation.

Re: 2023 Nobel Prize in economics awarded to Claudia Goldin

#128

Post by coyotespike »

jncfhnb wrote: post #4

> Goldin showed that female participation in the labour market did not have an upward trend over this entire period, but instead forms a U-shaped curve. The participation of married women decreased with the transition from an agrarian to an industrial society in the early nineteenth century, but then started to increase with the growth of the service sector in the early twentieth century. Goldin explained this patter…

I don't think the U-shaped curve will be intuitive to everyone - some conservative social narratives say that married women entering the workfore is a twentieth-century innovation. Although I'm with you that the causes of these patterns seem pretty intuitive to me and to many.

(Not trying to start a political debate or flamewar here - I was raised with these narratives, so it's an interesting graph to me)

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