Econ prof at Oxford.
Machine learning, politics, econometrics, inequality, random reading recs.
| Homepage | https://maxkasy.github.io/home/ |
🔥➗️ New workingpaper: ➗️🔥
"From Cross-Validation to SURE: Asymptotic Risk of Tuned Regularized Estimators"
https://maxkasy.github.io/home/files/papers/cv_and_sure.pdf
This was inspired by conversations with Gary Chamberlain 10 years ago,
and ended up a heavier lift than anticipated.
Any feedback and comments are appreciated!
I might be 20 years late here, but “Monopsony in Motion: Imperfect Competition in Labor Markets” by Allan Manning is a joy to read, both for its prose and for its force of argument:
https://press.princeton.edu/books/paperback/9780691123288/monopsony-in-motion
hoy en El Pais:
PDF version:
https://maxkasy.github.io/home/files/other/el_pais_la_IA_no_es_un_dios.pdf
A complete GPT — dataset, tokenizer, autograd engine, transformer architecture, Adam optimizer, training loop, inference — in 200 lines of pure Python, zero dependencies:
đź”— https://karpathy.github.io/2026/02/12/microgpt/
A work of art by Andrej Karpathy | h/t F.Geiecke
Tomorrow 5pm at the Oxford Martin School!
https://www.oxfordmartin.ox.ac.uk/events/the-means-of-prediction
Just released: Efip podcast episode on how to democratize power over AI
https://inclusive-prosperity.simplecast.com/episodes/not-inevitable-how-to-democratize-power-and-control-over-ai-away-from-the-tech-titans
(Other episodes with @rodrikdani @AtifRMian @S_Stantcheva: https://inclusive-prosperity.simplecast.com/)
Efip policy brief on the same topic: https://econfip.org/policy-briefs/the-means-of-prediction-and-the-production-function-of-ai/
Which in turn summarizes key ideas from https://press.uchicago.edu/ucp/books/book/chicago/M/bo255887145.html
Another nice review of "The Means of Prediction" in @technologyreview.com / @Techreview:
https://www.technologyreview.com/2026/02/18/1132579/robots-predict-future-book-review/
(Also discussing lovely new books by @beenwrekt.bsky.social / @beenwrekt and @carissaveliz.bsky.social / @CarissaVeliz )
🔥 Just accepted for publication at AEJ:Policy 🔥
"Employing the unemployed of Marienthal:
Evaluation of a guaranteed job program"
https://maxkasy.github.io/home/files/papers/Jobguarantee_marienthal.pdf
