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What should we do about high skilled immigration and why? This is the topic of my huge new report with @LettieriDC and @cojobrien: Exceptional by Design. Quick thread on why I think you should read this report.
Adam Ozimek
123.9K posts
Adam Ozimek
@ModeledBehavior
Chief economist at @InnovateEconomy. Host of the EconTwitter Water Cooler, live on twitter spaces and downloadable here: anchor.fm/adam-ozimek
Lancaster, PA
Joined June 2010
- Spending $40,000 on a car seems like the kind of thing to me that, intuitively, you do when you have like a couple million in wealth and make $400,000 a year. But absolutely normal people do it all the time! Blows me away
- I was intrigued by the “studying magic” part so I read the report and did the most cursory googling and $6m of that is for a place called “magic city discovery center”, which is a STEM focused learning center for kids in North Dakota. Just magic in the name, no actual magic.How the U.S. Government Spent your Tax Dollars in 2024: -$7 million on various projects studying magic -$1,513,299 to use kittens in a study to analyze motion sickness. -$419,470 to determine if lonely rats sought cocaine at a greater frequency than happy rats -$123,000 teachingReaders added contextSee reference "xcii" in festivus document. $6.3 million of $7 million figure allocated to "magic" went to a kid's science museum in Minot, North Dakota magiccitydiscoverycenter.com Minot is known as "The Magic City" en.wikipedia.org/wiki/Minot,_No… Proximity to Minot Airforce Base may explain ties to DoD as source of funds usaspending.gov/award/ASST_NON…
- Thanks to immigrants, the US won 75% of Nobel prizes in 2023. Without them, we only would have won 25%. High skilled immigration is a policy lever for more innovation unlike anything else. Oh and its free.
- Tell me if I’m missing something. Dr. Seuss Enterprises LP decided it didn’t want to print books it thinks are offensive, and people have responded in protest by buying tons of books and further enriching Dr. Seuss Enterprises LP. Not sure about this protest strategy.
- Text a coworker at a random time “are you joining this meeting?” as a fun holiday prank
- The most bizarre thing about Jordan Peterson is the insanely confident and impatient way he insists everyone else needs to suck it up and get their shit together while so transparently not having his shit together
- Long, long past time for a Manhattan project for cheap cheap green energy that bankrupts petrol states like Russia. Ruthlessly oush costs down, and sell the technology cheap around the world.
- This is absolutely ridiculous. And it is what happens when you judge a program in 15 seconds with zero content knowledge based on a description in a single database. This is not government reform.This seems bad @stuartbuck1
- Only 22% of adults use Twitter. In contrast almost every house has a TV. The idea that there is some monopoly over access to the public here is really not compelling. Maybe you spend too much time on Twitter if you think that.
- The essential theory of DOGE was that government is low IQ problems and watch how fast we fix it all with high IQ tech whizzes. And it seems that some have not been sufficiently humbled by those assumptions failing dramatically
- First recession that is totally unnecessary and could be stopped at any moment?
- A lot of people being confused by the very simple fact that the admin said they were going to do hard decouple tariffs and then backed off because they got spooked by the market panic and interest rate moves.@billmaher admits he was wrong on tariffs: "Look, the stock market is at record highs … I don't see a country in a depression at all ... I would have thought, and I gotta own it, that these tariffs were going to f--king sink this economy by this time, and they didn't."
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