Milei provided some very good evidence that basic economics works. Also he provided some good evidence that some economists are really not economists. ;-)
Argentina under Javier Milei in 2025:
GDP growth 5.5%, one of the fastest in the world
Inflation down from 211% to 32%
Poverty rate down from 42% to 32%
Sorry Comrades „economists“, free market works, and it works really fast.
Congratulations @JMilei
Closing parks was one of the worst things. I’have never understood how this was rationalized (getting fresh air is supposed to be anti-covid measure). Or maybe they thought Covid was super airborne.
A week ago I finished teaching and grading my new course on (applied) causal inference with ML and AI tools. As prizes to best performing grad and undergrad students, I have given out a dozen of Pearl's Causality book.
On March 5th, it became illegal for Russians to protest war, and such protests could be equated to “radicalism/terrorism” (with a jail sentence). Using this opportunity, I would like to register my protest against this war. Please stop the war. It is never too late to stop a war
Recommendations for future students in econometrics and statistics. For programming, invest in both Python and R. For math, probability or stochastic processes, or both (I'd recommend engineering dept over math dept courses; with the exception: math.uci.edu/~rvershyn/pape….)
recent trends observed: people apply for assistant professor jobs with 60 publications, after post-doc, for grad school with 4-10 publications, after pre-doc... very different from my time (well, I am getting old, I guess), when you applied to either position with 0 publications
“All happy statisticians are happy in their own way; but all the unhappy ones are all alike — they all do causal inference with observational data”. L. Tolstoy in “Anna Karenina” (found this quote on the internet, so it must be authentic)