Best of #econtwitter - Week of June 8, 2025: good tweets

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Good tweets

^when it comes to the journal system, reviewer time is that which is scarce. If your reform proposal doesn’t alleviate that bottleneck, or does not abolish peer review outright, then…

^here’s a quote I thought about a lot during grad school:

To keep working was a constant struggle for me, so it was salient: I noticed that I couldn't work for 14 solid hours a day. It didn't occur to me that "perseverance" might also apply at a timescale of seconds or years. Not until I saw people who instantly declared impossible anything they didn't want to try, or saw how reluctant they were to take on work that looked like it might take a couple of decades instead of "five years".

That was when I realized that "perseverance" applied at multiple time scales. On the timescale of seconds, perseverance is to "not to give up instantly at the very first sign of difficulty". On the timescale of years, perseverance is to "keep working on an insanely difficult problem even though it's inconvenient and you could be getting higher personal rewards elsewhere".

To do things that are very difficult or "impossible",

First you have to not run away. That takes seconds.

Then you have to work. That takes hours.

Then you have to stick at it. That takes years.

^🫠

^idk how seriously you predocs want to take this but will put it here

^🧐

Public goods

Charts

^part of a long discussion

Fin

^😭😭😭😭😭😭😭😭😭😭😭😭😭😭😭😭😭😭😭😭😭😭😭😭😭😭😭😭😭😭😭😭😭😭😭😭😭😭😭😭😭😭😭😭😭😭😭😭😭😭😭😭😭😭😭😭😭😭😭😭😭😭😭😭😭😭😭😭😭😭😭😭😭😭😭😭😭😭😭😭😭😭😭😭😭😭😭😭😭😭😭😭😭😭😭😭😭😭😭😭😭😭😭😭😭deserves several orders of magnitude of more likes