this is a joke but i've seen this logic used by a conservative EA to defend Trump ending USAID in favor of accelerating AI dev

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But sure let’s just measure the lifetime individual change in net worth and set that as the only value to attending college, great, let’s call the UChicago Human Capital microeconomists @econmarshall.bsky.social

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Network is like all the worst guys from the past 15 years and…BJ Novak for some reason.

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Mega-🧵 : Never before analyzed FTC data on franchising shows that * Brands are increasingly squeezing and exploiting franchise operators by - Increasing control over franchise operators - intensifying competition among franchises - increasing the cost of exit through non-competes.

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Even wilder is that the technical literature is all like "amt & division of surplus is highly sensitive to assumptions about demand aggregation, whether IID holds, number of firms, ease of entry, etc" and all the policy debate is like "price discrim is generally good if consumers are rational"

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