Andreas Ortmann
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impartialspectator.bsky.social
Andreas Ortmann
@impartialspectator.bsky.social

EconProf: I post occasionally on whatever tickles my fancy: Science, the Econ tribe, politics, music ...

Andreas Ortmann is a German-born economist and Professor of Experimental and Behavioural Economics at the UNSW Business School. He is best known for his work on experimental methodology in social sciences, heuristics and coordination games. Vernon L. Smith, in the acknowledgement to his A Life in Experimental Economics, described Ortmann as an "economic theorist, experimentalist, and intellectual historian par excellence in all". .. more

Economics 36%
Business 28%

Reposted by Andreas Ortmann

The U.S. stock market may have wrapped up the past year with double-digit gains, but it was far surpassed by counterparts in Europe and Asia that benefited from a flight of capital outside the U.S. and the global AI rush.
Why U.S. stocks are being outdone by the rest of the world
Investors began diversifying away from U.S.-based assets and the dollar in 2025 even as AI-fueled optimism powered the S&P 500 more than 16 percent higher.
www.washingtonpost.com

Reposted by Andreas Ortmann

Wait- are the Epstein files in Greenland? We thought they were in Venezuela?

Remember: the main beneficiary of NATO’s destruction is Putin. Probably a coincidence! www.dailymail.co.uk/ushome/index...

Reposted by Andreas Ortmann

Your home is not a crime scene by default.

Your privacy and rights remain intact under the Fourth Amendment, even in tense enforcement operations.

Again, you do not need to answer the door.👇
The “if she had complied, she’d still be alive” line that we’re hearing from ICE defenders is the mantra of apologists for security forces in dictatorships through the ages.
1984: “The National Portrait Gallery removed a swath of text that mentioned President Donald Trump’s two impeachments and the Jan. 6, 2021, insurrection as it swapped out a prominent photo of him this week.” www.washingtonpost.com/entertainmen...
Smithsonian removes Trump impeachment text as it swaps his portrait
A Trump official previously complained about a caption beside his National Portrait Gallery photo mentioning his impeachments and the U.S. Capitol insurrection.
www.washingtonpost.com
Jonathan Ross worked for Border Patrol before ICE
UNARMED WOMAN: “Shame on you.”

ICE GOON: “Have you not learned from the past few days?”

UNARMED WOMAN: “Learned what? What’s our lesson?”

ICE GOON: *VIOLENTLY SNATCHES HER PHONE*

(H/T @Mollyploofkins)
First MEP report.

Medical research often uses non-parametric tests. We looked, and noticed that small-sample rank-based tests (i.e. M-W, Wilcoxon) have significant granularity... like p-values!

So, here's GRIM for U values -- GRIM-U.

Enjoy.

medicalevidenceproject.org/grim-u-obser...
GRIM-U: A GRIM-like observation to establish impossible p values from ranked tests - Medical Evidence Project
The Medical Evidence Project uses forensic metascientific methods to examine medical research publications that have a disproportionately high impact on human health. Our aim is to determine where pro...
https://medicalevidenceproject.org/grim-u-observation-establish-impossible-p-values-ranked-tests/"
Something interesting you might not have realized: a number of words in English are NOUNS when you stress the FIRST syllable, but VERBS when you stress the SECOND syllable.

"Your CONduct is better when you conDUCT yourself appropriately.”

🧵⬇️
Whew🔥

“I wasn’t ready for a president of the United States to incite an insurrection against the Congress of the United States, against the Constitution, against the capital of the United States. No, who would be ready for that? But we are ready to save our democracy.”
~ @pelosi.house.gov
Judge to Lindsey Halligan: Explain yourself.

storage.courtlistener.com/recap/gov.us...

Reposted by Andreas Ortmann

Maduro Faces Judge & MAGA Scrambles to Justify Abduction

youtu.be/d2f92rNrCyI
Maduro Faces Judge & MAGA Scrambles to Justify Abduction | The Daily Show
YouTube video by The Daily Show
youtu.be
a huge victory for universities, worth billions of dollars: Trump can’t cap indirect-cost rates on NIH grants, appeals court rules
www.chronicle.com/blogs/the-tr... via @andyandy.bsky.social
Trump Can’t Cap Overhead Rate on NIH Grants to Research Universities, Appeals Court Rules
The ruling is a victory for higher-education associations who challenged the proposed 15-percent cap, calling it illegal and claiming it would devastate the research enterprise.
www.chronicle.com
Billionaire hedge fund manager Bill Ackman has revealed that he’s helping Francesca Gino, the honesty researcher who was fired from Harvard for research misconduct. “We will provide whatever resources she needs to clear her name,” he wrote.

New from me: www.chronicle.com/article/an-i...
An Influential Billionaire Is Funding a Disgraced Scientist’s Fight Against Harvard
Bill Ackman said on X that he’s been backing Francesca Gino, the embattled honesty researcher, in her lawsuit against Harvard since June 2024.
www.chronicle.com

Important point. Europe looks better with the day ...
Gabriel Zucman argues that empirically, with the right controls, 🇪🇺's economy does no worse than 🇺🇸 since 1990.

It is noteworthy, but not because doing better or worse than 🇺🇸 should be so relevant. Rather, because it highlights that 🇪🇺 is in a remarkable era of healthy expansion and growth.
The story of Europe’s economic decline while US is 'soaring' is everywhere.

But it is wrong. It is a myth.

Europe delivers more leisure, longer life expectancy, less inequality than the US.

Gabriel Zucman dismantles the myths.

Yes, the irony is superb on this one. One should be forgiven to think that maybe FIFA did not vet its candidate(s) for its inaugural prize properly.
Gabriel Zucman argues that empirically, with the right controls, 🇪🇺's economy does no worse than 🇺🇸 since 1990.

It is noteworthy, but not because doing better or worse than 🇺🇸 should be so relevant. Rather, because it highlights that 🇪🇺 is in a remarkable era of healthy expansion and growth.
The story of Europe’s economic decline while US is 'soaring' is everywhere.

But it is wrong. It is a myth.

Europe delivers more leisure, longer life expectancy, less inequality than the US.

Gabriel Zucman dismantles the myths.
Decline, what decline? The myth of dying Europe
There is a widespread view that, by comparison with the USA, Europe is in economic and social decline. But, Zucman argues, it's not true
eastangliabylines.co.uk

Reposted by Andreas Ortmann

Donald is very competitive about hurting/killing protesters.

Reposted by Andreas Ortmann

Donald using AI to fat-shame someone else for eating McDonald's is peak total-lack-of-self-awareness Donald.
1. Headlines everywhere today read "Grok apologizes."

This is bullshit. A chatbot is not something that can apologize.

Pretending otherwise is simple laundering these companies' bullshit about what AI is, while diffusing blame away from the human beings that developed and released this system.

Reposted by Andreas Ortmann

Generative AI has been used to create nonconsensual porn for years—but Grok appears unique in its permissiveness, its lack of safeguards, and its ability to turn the images into viral phenomena, @matteowong.bsky.social writes.
Elon Musk’s Pornography Machine
On X, sexual harassment and perhaps even child abuse are the latest memes.
bit.ly

Reposted by Andreas Ortmann

📆In the second of our annual reviews, we bring together ten posts examining the culture of academic publishing. Enjoy!

#ScholComm #AcademicPublishing
2025 in review – The culture of academic publishing - Impact of Social Sciences
The second of our annual reviews brings together ten of the best posts published in 2025 on the Impact Blog exploring the culture of academic publishing.
blogs.lse.ac.uk
Elon Musk appointed 19-year-old Edward “Big Balls” Coristine, the grandson of a KGB lieutenant colonel to DOGE. He was instrumental in cutting funding for the United States Agency for International Development, which directly resulted in the deaths of hundreds of thousands of poor people overseas.
🧑‍🌾 SPOTTED in Jackson County, Wisconsin…

More rats leaving the Trump MAGA ship ... good riddance.
An early Christmas gift for some, and the lighting of the fifth Hanukkah candle for others.

However you celebrate, a small gift as reported below by the New York Times.👇
TAPPER: “This is one of the documents Trump’s DOJ released. It’s 100 pages. ALL BLACK. That’s the ‘transparency’ we’re getting.” #TrumpEpsteinCoverup

Reposted by Andreas Ortmann

An early Christmas gift for some, and the lighting of the fifth Hanukkah candle for others.

However you celebrate, a small gift as reported below by the New York Times.👇
Media lying is now utterly commonplace.
Tapper: This is one of the documents the DOJ released. It’s 100 pages. It’s all black. That’s the transparency we’re getting.
Stunning new revelation: Epstein hung out almost exclusively with guys who had black boxes where their heads should be.