Male Scammers Sitemap Male Scammers List Scammers detail

List of Scott's most influential twitter followers

It seems like Scott/SSC has gotten much more mainstream recognition over the past year, so I was curious to know who the most influential SSC readers are now. Using twitter follower data for this isn't perfect (follower count is not a perfect proxy for influence, not all SSC readers follow the twitter account, etc.), but it's the best I could think of and I figured it would be a fun exercise regardless.
As an aside, a few interesting stats I learned about Scott's twitter followers (scraped on 12/30/17):
  1. Scott is followed by exactly two members of Congress: Justin Amash (Republican) and Jim Himes (Democrat)
  2. Scott has 351 bluecheck followers
  3. Of the top 100 most-followed followers, the gender breakdown (by my count) is 82 men vs 8 women (along with 10 organization or anonymous accounts). Among the top 50, it's 43 men and 1 woman (Liv Boeree)
  4. 385 followers (2% of the total) have bios including either "bitcoin", "ethereum", "crypto" or "blockchain"
  5. There are 67 followers whose bios include either "@Google", "@ Google", "at Google", or "Googler"
Note: When constructing the top 100 below, I excluded accounts that had extremely large Following counts, since I wanted the list to just consist of (likely) actual SSC readers. My exact rule was to exclude any account that follows >20K, include any that follows <10K, and include accounts in the 10K-20K range iff their following/follower ratio was less than 10% (this last condition was mostly just because I wanted to keep @pmarca on the list).
Anyway, below is the top 100. I also constructed lists for Eliezer, Robin Hanson, and gwern, and I can post those in the comments if anyone's interested.
Ranking Twitter Name Full Name Bio Bluecheck Follower Count Following Count
1 @NateSilver538 Nate Silver Editor-in-Chief, @FiveThirtyEight. Author, The Signal and the Noise ( Sports/politics/food geek. 1 2860782 1051
2 @ezraklein Ezra Klein Founder and editor-at-large, Come work with us! 1 2277052 1112
3 @timoreilly Tim O'Reilly Founder and CEO, O'Reilly Media. Watching the alpha geeks, sharing their stories, helping the future unfold. 1 1988716 1829
4 @paulg Paul Graham 1 1066366 322
5 @SamHarrisOrg Sam Harris Author of The End of Faith, The Moral Landscape, Waking Up, and other bestselling books published in over 20 languages. Host of the Waking Up… 1 974855 229
6 @techreview MIT Tech Review MIT Technology Review equips its audiences with the intelligence to understand a world shaped by technology. 1 794095 3367
7 @pmarca Marc Andreessen 1 672740 16319
8 @cdixon Chris Dixon programming, philosophy, history, internet, startups, investing 1 572260 3320
9 @RealTimeWWII WW2 Tweets from 1939 I livetweet the 2nd World War, as it happened on this day in 1939 & for 6 years to come (2nd time around). Created by Alwyn Collinson,… 0 516803 459
10 @VitalikButerin Vitalik Buterin See 1 458582 154
11 @Tribeca Tribeca Great stories from the greatest storytellers. 1 409581 18678
12 @bhorowitz Ben Horowitz Author of Ben's Blog ( and HarperBusiness book, THE HARD THING ABOUT HARD THINGS… 1 405820 255
13 @mattyglesias Matthew Yglesias Fake news. Bad takes. Dad jokes. We’re actually on the Bad Place. 1 372341 754
14 @naval Naval Present. 0 339469 478
15 @SwiftOnSecurity SwiftOnSecurity I make stupid jokes, talk systems security, +, write Scifi, sysadmin, & use Oxford commas. Sprezzatura. 0 211672 7530
16 @alexismadrigal Alexis C. Madrigal staff writer @TheAtlantic in the real world, these just people with ideas Mexican, Oakland, Earthseed 1 203540 5682
17 @ScottAdamsSays Scott Adams Win Bigly: 1 202042 788
18 @Khanoisseur Adam Khan Majordomo; Stuff at @Google @Twitter @SpaceX @Apple Exposing Trump… *Turn notifications on for breaking Trump… 0 183964 9359
19 @felixsalmon Felix Salmon Host and editor, Cause & Effect 1 180414 1832
20 @fmanjoo Farhad Manjoo (feat. Drake) NYT. DMs are open. signal: 4156836738. [email protected]. Instagram/Snapchat: fmanjoo 1 167592 4095
21 @VsauceTwo Vsauce2 Being Human. personal twitter: @kevleeb 0 151795 279
22 @russian_market Russian Market Swiss Financial Blogger. In Bitcoin we trust. 1 148866 939
23 @AaronDayAtlas Aaron Day CEO @Salucorp, Chairman @stark_360. #entrepreneur #btc #blockchain #healthcare #paleo #tech #dad Former candidate for #USSenate #ENTJ 0 133389 2075
24 @justinamash Justin Amash I defend #liberty and explain every vote at • 'Laws must be general, equal, and certain.' —F.A. Hayek 1 131997 5376
25 @Liv_Boeree Liv Boeree Poker player & Team Pokerstars Pro. Physics creature. Aspiring rationalist. Mountain goat. [email protected] 1 125366 451
26 @MaxCRoser Max Roser Researcher @UniOfOxford – Follow me for data visualizations of long-term trends of living standards – mostly from my web publication: 1 114045 583
27 @Jonathan_Blow Jonathan Blow Game designer of Braid and The Witness. Partner in IndieFund. 0 112827 68
28 @andrewchen Andrew Chen Growth: @uber. Writer: Plus one: @briannekimmel 0 111077 6288
29 @charlescwcooke Charles C. W. Cooke Editor of National Review Online. Classical liberal. Immigrant. Jack’s Dad. Wino. ‘The American is the Englishman left to himself.’ 1 110071 872
30 @AlanEyre1 Alan Eyre Diplomat, U.S. State Dept, Energy Resources Bureau. Middle East/Asia Energy; ایران. RT doesn't =endorsement; 'likes' don't necessarily=likes, often… 1 106947 3514
31 @karpathy Andrej Karpathy Director of AI at Tesla. Previously a Research Scientist at OpenAI, and CS PhD student at Stanford. I like to train Deep Neural Nets on large datasets. 1 106643 445
32 @JamesADamore James Damore Nerd centrist interested in open discussions and improving the world by fixing perverse incentive structures. Author of the pro-diversity … 1 94580 210
33 @SherwoodStrauss Ethan Strauss Podcasting 1 88258 1204
34 @james_clear James Clear Author, weightlifter and travel photographer in 25+ countries. Over 400,000 people subscribe to my weekly newsletter on how to build better habits. 1 87968 218
35 @nk from the future Wealth and personal achievement expert 0 81712 591
36 @benthompson Ben Thompson AuthoFounder of @stratechery. Host of @exponentfm. @notechben for sports. @monkbent on other networks. Home on the Internet. 1 78746 1267
37 @matthewherper Matthew Herper Forbes reporter covering science and medicine 1 78698 2111
38 @JeremyCMorgan Jeremy Morgan Tech Blogger, Hacker, Pluralsight Author, and Volunteer Firefighter. Once held the world record for being the youngest person alive 0 78601 7365
39 @balajis Balaji S. Srinivasan CEO ( and Board Partner (@a16z). I hear this Bitcoin thing might be kind of a big deal. You can reach me at 1 70707 2936
40 @patrickc Patrick Collison Fallibilist, optimist. Stripe CEO. 1 68709 1875
41 @matthew_d_green Matthew Green I teach cryptography at Johns Hopkins. 0 68434 594
42 @delong Brad DeLong 🖖🏻 I'm trying to be smart, knowledgable, funny, and well-wishing. You try too--at least 2 of 4. Low volume: 1+ per day... 0 67968 1578
43 @flantz Frank Lantz game designer 0 66090 278
44 @MYSTIQUEWEST MYSTIQUE NYC The Mystique Gentlemen’s Strip Club offers the best in adult entertainment in New York City. With unique stage design, full bars and the most beautiful dancers. 0 64881 332
45 @AceofSpadesHQ TheOne&OnlyExpert I'm not #TheExpert, or the expert parodying #TheExpert. I'm the real expert. 0 64872 1464
46 @btaylor Bret Taylor President, Chief Product Officer of @Salesforce. Previously CEO Quip, CTO Facebook, CEO FriendFeed, co-creator Google Maps. Stanford fan, @Twitter… 1 64829 687
47 @wycats Yehuda Katz Tilde Co-Founder, OSS enthusiast and world traveler. 1 63933 849
48 @jahimes Jim Himes Connecticut Congressman. Reader. Runner. Swimmer. And I make maple syrup. 1 62820 411
49 @abnormalreturns Tadas Viskanta Financial Educator, Author and Editor of Abnormal Returns. 0 61693 413
50 @BrendanNyhan Brendan Nyhan @Dartmouth political science professor, @UpshotNYT contributor, and @BrightLineWatch co-organizer. Before: @CJR / Spinsanity / All the President'… 1 61508 6149
51 @matt_levine Matt Levine da, wo Menschen arbeiten, wird es immer Fehler geben 1 61314 990
52 @BretWeinstein Bret Weinstein Professor in Exile If we don't harness evolution, it will harness us. 1 61049 536
53 @gaberivera Gabe Rivera Blame me for @Techmeme and @mediagazer. Nicer than my tweets. Often sarcastic. DMs are open. 2+2â‰5. Retweets are endorphins. 1 59927 5599
54 @SarahTheHaider Sarah Haider Promotes free-speech, human rights, liberalism, atheism. Director of Outreach,Ex-Muslims of North America. Pakistani by birth, American by… 0 59574 292
55 @TheInfinite_T ✨Infinite_T✨ NSFW Send GoogleWallet to [email protected] pls send all your tokens to Wishlist: 0 59061 645
56 @cblatts Chris Blattman Political economist studying conflict, crime, and poverty, and @UChicago Professor @HarrisPolicy and @PearsonInst. I blog at … 0 57670 2445
57 @jamestaranto James Taranto Editorial Features Editor, in charge of @WSJ op-ed pages. Best of the Web columnist 2000-17. 1 56733 174
58 @nitashatiku Nitasha Tiku Senior writer @Wired covering Silicon Valley [email protected], DM for Signal 1 56133 4327
59 @DKThomp Derek Thompson Writer at @TheAtlantic. Author of HIT MAKERS. Talker on NPR's @hereandnow. Economics of work and play. derek[at]theatlantic[dot]com 1 53387 1116
60 @aliamjadrizvi Ali A. Rizvi Pakistani-Canadian author of The Atheist Muslim (SMP/Macmillan). Amazon order link below. Co-host of @SecularJihadist podcast. Contact:… 1 52806 784
61 @RameshPonnuru Ramesh Ponnuru @NRO, @BV, @AEI, @CBS. Husband of @aprilponnuru. 1 51721 613
62 @JYuter Rabbi Josh Yuter "For my thoughts are not your thoughts, neither are your ways my ways" Is. 55:8. Jewish stuff + bad jokes. All opinions subject to change. 1 50731 2599
63 @meganphelps Megan Phelps-Roper “You're just a human being, my dear, sweet child.” Speaking requests: [email protected] Contact: [email protected] 1 49678 792
64 @albertwenger Albert Wenger VC at 1 49107 1794
65 @paulbloomatyale Paul Bloom Psychologist who studies and writes about human nature—including morality, pleasure, and religion 1 48579 391
66 @conor64 Conor Friedersdorf Staff writer at The Atlantic, founding editor of The Best of Journalism–subscribe here:… 1 46977 1405
67 @EricRWeinstein Eric Weinstein Managing director @ Thiel Capital. Some assembly required. Spelling not included. May contain math. Tweets are my own. 1 46263 850
68 @adamdangelo Adam D'Angelo CEO of Quora 1 45545 526
69 @robbystarbuck Robby Starbuck Director + Producer + Founder at RSM Creative - Husband to @imatriarch - Dad to 3 Kids + 2 Dogs - Futurist - Cuban American - Fan of Civilized Debate 1 45308 1842
70 @clairlemon Claire Lehmann Principle before affiliation. Founder, editor Contact me at 1 45305 2000
71 @tombennett71 Tom Bennett Director of researchED- Chair of @educationgovuk Behaviour group. Free training available here 1 43859 3698
72 @m2jr Mike Maples The woods are lovely, dark and deep, But I have promises to keep,And miles to go before I sleep,And miles to go before I sleep.-Robert Frost 0 43629 3915
73 @DavidDidau David Didau Education writer and speaker. Ginger. #PsychBook OUT NOW!; #WrongBook still available: 0 43531 1092
74 @ByronTau Byron Tau congress et al. for @wsj. interested in law, lobbying, nat'l security, investigations, gov't ethics and . contact me securely: 1 43026 2699
75 @MichaelKitces MichaelKitces One nerd’s perspective on the financial planning world… CFP, #LifelongLearner, Entrepreneur-In-Denial, Advisor #FinTech, & publisher of the Nerd’s Eye View blog 1 42304 459
76 @rahulkapil Rahul Kapil Come to observe. Stay to play. 0 41987 975
77 @michaelbatnick Irrelevant Investor Long-distance reader 0 41620 1076
78 @yegg Gabriel Weinberg CEO & Founder, @DuckDuckGo. Co-author, Traction. I want to publish zines and rage against machines. DM for Signal. 1 39470 151
79 @Jesse_Livermore Jesse Livermore Trader, Speculator, Bucketeer 0 39190 4459
80 @iconominet ICONOMI Digital Assets Management Platform for the Decentralised Economy 0 39030 1942
81 @IKucukparlak İlker Küçükparlak Psikiyatrist 0 38018 757
82 @vdare Virginia Dare The Twitter account for the editors of VDARE. Featured at the 2016 Republican National Convention 0 37723 4429
83 @juliagalef Julia Galef SF-based writer & speaker focused on reasoning, judgment, and the future of humanity. Host of the Rationally Speaking podcast (@rspodcast) 1 37530 340
84 @nicknotned Nick Denton Internet publisher 1 36708 2524
85 @JeremyMcLellan Jeremy McLellan Standup Comedian, Papist-in-training, biryani extremist, alleged member of the Muslim Cousinhood, US ambassador to the Pindi Boyz, spy pigeon trainer 1 36253 1538
86 @collision John Collison Co-founder of @stripe. 0 35995 1290
87 @narcissawright ♕ Narcissa fledgling seer 1 35375 1266
88 @panzer Matthew Panzarino Editor-in-Chief, TechCrunch. Telecom stories killed: 0. PGP Key 1 35162 2902
89 @EconTalker Russell Roberts How Adam Smith Can Change Your Life (, EconTalk host, econ novelist, co-creator of Keynes/Hayek rap videos, 0 34611 669
90 @nktpnd Ankit Panda Senior Editor @Diplomat_APAC in NYC. Thinking/writing/speaking on global security, politics, and economics. Via @WilsonSchool. Views mine & RTâ‰â€¦ 1 34041 995
91 @Official_Quame Kwame A. A Opoku Futurist• Global Business Speaker, Founder @fobaglobal, @wefestafrica, @ideafactorylive • CEO Mary&Mary LLC • Entrepreneur • Tedx Speaker •Influencer 0 33924 3526
92 @dylanmatt Dylan Matthews I know, I know, I don't like me either. Retweets are proposals of marriage. 1 33262 5579
93 @Jonnymagic00 Jon Finkel I'm a magic player who also manages a hedge fund. 0 33234 284
94 @Heminator Mark Hemingway "After all these years of professional experience, why can’t I write good?" Senior Writer @WeeklyStandard. Husband of @MZHemingway. 1 33034 4877
95 @sweenzor Onson Sweemey 0 32044 5288
96 @PhilosophersEye Philosopher's Eye Philosophy updates, pop culture, fun stuff, and links to resources from the Wiley Blackwell Philosophy Team. 0 31931 6503
97 @VladZamfir Vlad Zamfir Absurdist, troll. 0 31764 418
98 @m_clem Michael Clemens Fellow @[email protected]_bonn. My views only. Assoc. Editor @JPopEcon & @WorldDevJournal. Author of @WallsofNations, coming in 2018.… 1 31746 3650
99 @RudyHavenstein Rudolf E. Havenstein ReichsBank®President 1908-1923; Central Bank consultant. 'My way of joking is to tell the truth' - GB Shaw. Tweets solely for my own amusemen… 0 31115 1293
100 @tikhon Tikhon Bernstam CEO & Founder of Parse (YC S'11, acquired by Facebook for $85M in 2013). Founder @Scribd (YC S'06). @ycombinator alum. 0 31030 5184
submitted by disumbrationist to slatestarcodex [link] [comments]

Subreddit Stats: badeconomics top posts from 2016-12-11 to 2017-12-10 20:43 PDT

Period: 364.22 days
Submissions Comments
Total 534 51951
Rate (per day) 1.47 142.18
Unique Redditors 184 2456
Combined Score 23112 411743

Top Submitters' Top Submissions

  1. 797 points, 3 submissions: gorbachev
    1. neoliberal must be refreshed, from time to time, with the blood of bad labor economists (411 points, 131 comments)
    2. Q: Why hasn't arbitrage eliminated the gender wage gap? A: Conditional on observables, it has! (224 points, 225 comments)
    3. Mr. Gorbachev, tear down this wall! (162 points, 45 comments)
  2. 667 points, 7 submissions: VodkaHaze
    1. Before Capitalism, Medieval Peasants Got More Vacation Time Than You. [x-post from /askhistorians] (156 points, 103 comments)
    2. Grandpa Had a Pension. This Generation Has Cryptocurrency (also idiot columnists) (122 points, 92 comments)
    3. US gov spends more -> we're going to be communist Russia by 2050 (112 points, 21 comments)
    4. Chocolate causes Nobel prizes, AKA why M.D.s shouldn't do econometrics.pdf) (98 points, 76 comments)
    5. The RIpression is the SOMC's fault (wonkish) (79 points, 29 comments)
    6. Let's fund UBI with a negative interest rate (64 points, 53 comments)
    7. Theory Versus Reality: My Economic Predictions (36 points, 10 comments)
  3. 657 points, 9 submissions: besttrousers
    1. The Rise of the Machines – Why Automation is Different THE SAME this Time (180 points, 172 comments)
    2. Rand Paul explains why you should be able to get health insurance for $1 a day (121 points, 116 comments)
    3. Crowding Out Draco From Bad Economics....FOREVER! (72 points, 16 comments)
    4. Instrumental Variables and the Effectiveness of Medicaid (61 points, 28 comments)
    5. Never go in against Michael Clemens when immigration is on the line! (58 points, 35 comments)
    6. Once more unto the breach, dear friends, once more; Or close the wall up with our Economics dead. (56 points, 29 comments)
    7. "The only place that we can do experiments is in dynamic stochastic general equilibrium (DSGE) models." (43 points, 33 comments)
    8. Health Care Bounties! (34 points, 2 comments)
    9. Bill Cassidy on Twitter (32 points, 17 comments)
  4. 616 points, 3 submissions: zzzzz94
    1. Redditor uneducated in economics triumphantly presents a tremendously flawed argument against an economic idea that no one actually believes, and is awarded with the praise of /bestof (441 points, 304 comments)
    2. Libertarian in dismay that his sub isn't circlejerking (136 points, 330 comments)
    3. When you have a very good brain so you go and try to refute people on pure logic despite knowing nothing about the subject yourself (39 points, 161 comments)
  5. 429 points, 6 submissions: Jericho_Hill
    1. AMA: Noah Smith, Bloomberg Writer, Twitter Economist (155 points, 297 comments)
    2. AMA Announcement : Noah Smith, Bloomberg Writer, Twitter Star. (79 points, 70 comments)
    3. [Mod Abuse] JH is drunk, so ask him almost anything (73 points, 67 comments)
    4. [AMA] Ryan D. Enos, Harvard Political Scientist, Author of "The Space Between Us" (44 points, 29 comments)
    5. Brad Delong is having a AMA tomorrow (1/27) on IAMA at 7pm eastern (41 points, 40 comments)
    6. Soon (trademark): For those who know. (37 points, 27 comments)
  6. 383 points, 6 submissions: jvwoody
    1. philosophy guide on sweatshops and developmental economics (177 points, 215 comments)
    2. Guy fails to understand principle of marginal utility. (66 points, 61 comments)
    3. Low Hanging Fruit: Extreme poverty edition (60 points, 73 comments)
    4. Bad developmental economics (36 points, 5 comments)
    5. An Institutionalist on AskEconomics (22 points, 51 comments)
    6. Taking on the great Card and Krueger (1995) study on minimum wage hikes: A re-examination (22 points, 27 comments)
  7. 373 points, 1 submission: my_fun_account_94
    1. Late Stage capitalism doesn't even read the paper it cites to disprove capitalism. (373 points, 85 comments)
  8. 352 points, 6 submissions: jain16276
    1. The headline”Children being born in the United States today have a near one in two (43%) chance of being born into households living on the brink of poverty” is misleading (84 points, 50 comments)
    2. Why the claim that”World’s eight richest people have same wealth as poorest 50%” is wrong (83 points, 42 comments)
    3. Terrible Economic History in /neoliberal (73 points, 37 comments)
    4. A Wild Privately-owned Unauditable Federal Reserve Appears (68 points, 29 comments)
    5. The IGCSE economic curriculum (26 points, 14 comments)
    6. "BIG is the solution to third-world poverty" claims article that got 8k upvotes on /Futurology (18 points, 13 comments)
  9. 302 points, 3 submissions: papermarioguy02
    1. In which /the_donald doesn't understand how averages work. (157 points, 44 comments)
    2. [The lowest hanging fruit] We need to outlaw inflation. (99 points, 75 comments)
    3. [Fruit so low-hanging it's practically underground] Are your suits too expensive? Blame The Fed. (46 points, 17 comments)
  10. 287 points, 3 submissions: db1923
    1. And the trade war came, but we aren't going to stop WINNING folks! Because we are going to win, and win, and win the trade war against China. (126 points, 43 comments)
    2. Donald's Trade Plan / How the Grinch stole Christmas (96 points, 54 comments)
    3. Ricardo's still difficult idea - false criticisms from Wikipedia (65 points, 14 comments)
  11. 285 points, 3 submissions: tim_tiebout
    1. OP gets pretty much everything wrong. Is immediately sent to top of bestof (210 points, 72 comments)
    2. Forced participation does not necessarily drive up insurance costs (40 points, 25 comments)
    3. The tip of the iceberg: Why throwing ice cubes into the ocean won’t freeze them and other explorations of small proportions vs large base rates. (35 points, 4 comments)
  12. 271 points, 2 submissions: AMatterofTrust
    1. I ruin Adam ruins Everything. (237 points, 93 comments)
    2. United’s Fiasco and the Cult of Kenneth Arrow (34 points, 69 comments)
  13. 240 points, 2 submissions: koipen
    1. LateStageCapitalism and the financial crisis (181 points, 95 comments)
    2. /Libertarian considers the 30-second guide to government spending (59 points, 32 comments)
  14. 233 points, 2 submissions: GlebZheglov
    1. Economics is now a religion! (152 points, 99 comments)
    2. UBI Shenanigans (81 points, 25 comments)
  15. 220 points, 2 submissions: mrregmonkey
    1. “When you get rid of the lines, it brings in competition so instead of having one insurance company … You’ll have many, they’ll compete and it’ll be a beautiful thing” Shut up, idiot (139 points, 65 comments)
    2. Bad Tax Policy on /neoliberal (81 points, 56 comments)
  16. 212 points, 1 submission: MatthieuG7
    1. Lots of badeconomics about the wage gap (again) (212 points, 161 comments)
  17. 207 points, 1 submission: -avner
    1. Who paid for the wall, assuming everything is perfectly inelastic? (207 points, 72 comments)
  18. 202 points, 1 submission: ImRobin
    1. Eight reasons why Fireman Sam is not sustainable from socioeconomic point of view (202 points, 16 comments)
  19. 198 points, 2 submissions: p0m
    1. John McAfee on Bitcoin: "Bubbles are mathematically impossible in this new paradigm." (153 points, 49 comments)
    2. "Fractional Reserve Banking" (45 points, 27 comments)
  20. 194 points, 2 submissions: commentsrus
    1. Anyway, here’s border wall: Deporting the Lump of Labor Fallacy (145 points, 92 comments)
    2. Nobel Prize Speculation Thread (49 points, 86 comments)

Top Commenters

  1. besttrousers (13733 points, 1281 comments)
  2. wumbotarian (13356 points, 1891 comments)
  3. VodkaHaze (10509 points, 1269 comments)
  4. roboczar (10309 points, 1321 comments)
  5. Cutlasss (9496 points, 1357 comments)
  6. mrregmonkey (8794 points, 1267 comments)
  7. BEE_REAL_ (8632 points, 600 comments)
  8. Lord_Treasurer (8030 points, 836 comments)
  9. Integralds (7860 points, 804 comments)
  10. wyldcraft (7732 points, 846 comments)
  11. say_wot_again (6902 points, 819 comments)
  12. Kelsig (6446 points, 590 comments)
  13. Randy_Newman1502 (4937 points, 563 comments)
  14. commentsrus (4899 points, 683 comments)
  15. MrDannyOcean (4886 points, 374 comments)
  16. Kai_Daigoji (4820 points, 438 comments)
  17. centurion44 (4811 points, 593 comments)
  18. FizzleMateriel (4729 points, 570 comments)
  19. AMatterofTrust (4667 points, 448 comments)
  20. samdman (4661 points, 242 comments)
  21. seeellayewhy (4457 points, 562 comments)
  22. zzzzz94 (4377 points, 286 comments)
  23. Jufft (4333 points, 377 comments)
  24. artosduhlord (4302 points, 623 comments)
  25. brberg (4181 points, 574 comments)
  26. Ponderay (4175 points, 614 comments)
  27. devinejoh (4041 points, 402 comments)
  28. paulatreides0 (3826 points, 397 comments)
  29. gorbachev (3631 points, 515 comments)
  30. UpsideVII (3456 points, 630 comments)
  31. Iamthelolrus (3182 points, 269 comments)
  32. Jericho_Hill (3159 points, 370 comments)
  33. kznlol (3135 points, 443 comments)
  34. jvwoody (3051 points, 348 comments)
  35. crunkDealer (2980 points, 206 comments)
  36. TychoTiberius (2815 points, 284 comments)
  37. iamelben (2593 points, 341 comments)
  38. irwin08 (2513 points, 241 comments)
  39. PM_ME_FREE_FOOD (2416 points, 277 comments)
  40. espressoself (2302 points, 142 comments)
  41. relevant_econ_meme (2293 points, 304 comments)
  42. usrname42 (2287 points, 197 comments)
  43. bon_pain (2174 points, 231 comments)
  44. RobThorpe (2000 points, 484 comments)
  45. forlackofabetterword (1803 points, 167 comments)
  46. josiahstevenson (1614 points, 188 comments)
  47. Post_Capitalist_1 (1604 points, 194 comments)
  48. Homeboy_Jesus (1602 points, 203 comments)
  49. Vepanion (1505 points, 222 comments)
  50. DeltronZLB (1498 points, 168 comments)

Top Submissions

  1. Redditor uneducated in economics triumphantly presents a tremendously flawed argument against an economic idea that no one actually believes, and is awarded with the praise of /bestof by zzzzz94 (441 points, 304 comments)
  2. neoliberal must be refreshed, from time to time, with the blood of bad labor economists by gorbachev (411 points, 131 comments)
  3. Late Stage capitalism doesn't even read the paper it cites to disprove capitalism. by my_fun_account_94 (373 points, 85 comments)
  4. I ruin Adam ruins Everything. by AMatterofTrust (237 points, 93 comments)
  5. Q: Why hasn't arbitrage eliminated the gender wage gap? A: Conditional on observables, it has! by gorbachev (224 points, 225 comments)
  6. Global Tariffs Are A Bad Idea by deleted (215 points, 109 comments)
  7. Lots of badeconomics about the wage gap (again) by MatthieuG7 (212 points, 161 comments)
  8. OP gets pretty much everything wrong. Is immediately sent to top of bestof by tim_tiebout (210 points, 72 comments)
  9. Who paid for the wall, assuming everything is perfectly inelastic? by -avner (207 points, 72 comments)
  10. Eight reasons why Fireman Sam is not sustainable from socioeconomic point of view by ImRobin (202 points, 16 comments)

Top Comments

  1. 326 points: edgeblackbelt's comment in Redditor uneducated in economics triumphantly presents a tremendously flawed argument against an economic idea that no one actually believes, and is awarded with the praise of /bestof
  2. 284 points: zzzzz94's comment in Redditor uneducated in economics triumphantly presents a tremendously flawed argument against an economic idea that no one actually believes, and is awarded with the praise of /bestof
  3. 255 points: Integralds's comment in Redditor uneducated in economics triumphantly presents a tremendously flawed argument against an economic idea that no one actually believes, and is awarded with the praise of /bestof
  4. 251 points: bon_pain's comment in philosophy guide on sweatshops and developmental economics
  5. 243 points: darkaceAUS's comment in Admittedly... /libertarian is a goldmine for this crap. But I think this one takes the cake
  6. 230 points: darkaceAUS's comment in Redditor uneducated in economics triumphantly presents a tremendously flawed argument against an economic idea that no one actually believes, and is awarded with the praise of /bestof
  7. 214 points: TheRealJohnAdams's comment in The strawmen neoliberal economics makes against Central Planning
  8. 197 points: smug_seaturtle's comment in In which /the_donald doesn't understand how averages work.
  9. 182 points: elticblue's comment in Found this on fb. Great discussion all around I'd say
  10. 180 points: worldnews_is_shit's comment in This entire thread on Worldnews is painful to read, but this comment is especially bad.
Generated with BBoe's Subreddit Stats (Donate)
submitted by subreddit_stats to subreddit_stats [link] [comments]

[Economics] Intrinsic value of bitcoin and Krugman's Op-ed

If you somehow have been living under a rock, go read Krugman's op-ed first: Bitcoin is evil. Possibly also read Brad DeLong, which I think reads a bit better.
I've been trying to understand the arguments put forward by Krugman (and Brad DeLong) that bitcoin lacks a value floor as opposed to e.g. gold or a currency like USD. I get the gist of the argument that bitcoin mining does not really produce anything of value in the event of a failure of bitcoin. However, I don't really understand the reasons for why gold or the USD is that much better in that regard. Or rather, why it matters if bitcoin has an intrinsic value.
Gold has industrial uses and can be used for jewlery as well. However, in as much as that is an intrinsic value, is the value floor not likely to be a lot lower than prices today?
The intrinsic value of a fiat currency seem to be based on taxes and government backing, which ultimately hinges on trust in the government/central bank.
Delong says it like this:
"commodity moneys can maintain their value via their cost of production, but fiat moneys maintain their value when some very large too-big-to-fail entity backs them."
"In my view, BitCoin’s chances would be a lot better if there were some large and durable entity that promised to be a BitCoin sink if necessary. If, say, Google Cayman Islands were to start GoogleCoin, and announce that it would always stand ready to buy back GoogleCoins at a fixed real value, it could make a (small) fortune and, I think, eliminate BitCoin’s business in a month…"
Though having some entity backing bitcoin would relive much risk, isn't the crux of the problem not still that of volatility?
submitted by markgraydk to AskSocialScience [link] [comments]

How Powell May Approach Regulation If Named Fed Chair Are We Approaching Peak Human? (Brad DeLong Interview ... Video Conferencing USA-Brian Betron Testimonial Brad DeLong - YouTube Brad DeLong's Morning Coffee: NAFTA - YouTube

DeLong states that gold’s value has to do with the fact it can make pretty things. What? The value of gold has everything to do with its scarcity and its ability to function as money, not because people can use it to make jewelry. DeLong might be confused by the “Paradox of Value”, or confusing a good’s usefulness with its value. (e.g ... Brad DeLong's Grasping Reality Archives Highlighted Teaching RSS Twitter Edit Sidebars On the Internet For Reference Edit Posts Jill Abramson, Formerly of the New York Times, Has Both a Depraved Heart and a Social Intelligence Deficit Bitcoin is a classic private currency scam. It fails to offer stable values, security from theft, privacy from government and ease of use. With prices near $17,000 per bitcoin (Dec. 2017), it is in a huge speculative bubble. It has enormous problems with transaction bottlenecks, transaction costs, and electricity usage compared to alternatives such as Visa. Blockchain doesn't show much promise ... Bitcoin is so volatile that economists like Brad DeLong of Berkeley question whether it can even function as a store of value. (Figure 1) So how can there be a definitive trend? Figure 1. Bitcoin volatility over the last 12 months The total supply of bitcoin is capped at the arbitrary limit of 21 million BTC. Without an expansion of the money supply, there simply cannot be inflation. This was ... Some people wish me ill. They keep emailing me things from John Cochrane. I wish they wouldn't. Or...

[index] [10251] [45971] [1129] [43053] [24744] [28512] [1658] [4198] [42143] [31697]

How Powell May Approach Regulation If Named Fed Chair

Nov.01 -- Brad DeLong, a professor at the University of California at Berkeley, discusses what Jerome Powell would bring to the role of Federal Reserve chairman. He speaks with Bloomberg's Haidi ... Sign in to like videos, comment, and subscribe. Sign in. Watch Queue Queue UC Berkeley Professor of Economics Brad DeLong isn't overly concerned about economic disruption caused by the ever-growing tech industry. Similar disruption ... Brad DeLong is a professor of Economics at UC Berkeley and a research associate at the National Bureau of Economic Research. Category Education; Show more Show less. Loading... Autoplay When ... Moderator: Brad DeLong, UC Berkeley Nicholas Stolatis, Director Strategic Initiatives, TIAA-CREF Global Real Estate Hans Op t Veld, Head of Listed Real Estate, PGGM Investments Rick Imperiale ...