Maximilian Kasy

@maxkasy
1.3K Followers
337 Following
255 Posts

Econ prof at Oxford.

Machine learning, politics, econometrics, inequality, random reading recs.

Homepagehttps://maxkasy.github.io/home/

New paper with @p_ganong & Avik Garg:

From literature review to effect prediction for a new context - allowing for effect heterogeneity & publication bias.

https://maxkasy.github.io/home/files/papers/evidence_aggregation_toolkit.pdf

Reading rec:
"Political Aspects of Full Employment"
Intriguing 1943 essay by Michał Kalecki
https://mronline.org/2010/05/22/political-aspects-of-full-employment/

Reasons of business opposition to full employment:
It would eliminate business political power
1) over government, which is forced to maintain "business confidence" to avoid slumps, and
2) over workers, for whom the threat of unemployment serves as disciplining device.

What if #basicincome or #jobguarantee would blunt these threats?

Political Aspects of Full Employment - MR Online

This essay was first published in Political Quarterly in 1943; it is reproduced here for non-profit educational purposes. A shorter version of this essay was published in The Last Phase in the Transformation of Capitalism (Monthly Review Press, 1972). I 1. A solid majority of economists is now of the opinion that, even in a

MR Online - A Monthly Review project providing daily news and analysis of capitalism, imperialism and inequality rooted in Marxian political economy

New paper with @p_ganong & Avik Garg:

From literature review to effect prediction for a new context - allowing for effect heterogeneity & publication bias.

https://maxkasy.github.io/home/files/papers/evidence_aggregation_toolkit.pdf

Why does Elon Musk stoke racist violence and pogroms, and what are the parallels to 19th century Russia? Thoughtful essay worth reading:

https://giftarticle.ft.com/giftarticle/actions/redeem/0f39c478-b254-44e6-bfc1-fd18e0ba3d51 Big Tech is stoking unrest in the UK. Why?

Why does Elon Musk stoke racist violence and pogroms, and what are the parallels to 19th century Russia? Thoughtful essay worth reading:

https://giftarticle.ft.com/giftarticle/actions/redeem/0f39c478-b254-44e6-bfc1-fd18e0ba3d51 Big Tech is stoking unrest in the UK. Why?

Wie KI Ihre persönlichen Daten nutzen kann, um Ihren Nachbarn zu schaden

Die Zukunft der KI wird nicht von klügeren Algorithmen oder schnelleren Chips abhängen. Sie wird davon abhängen, wer die Daten kontrolliert.

Die Presse

📆 Only 2 weeks to go until our workshop!!! 📆

"AI and the political economy of information filtering"

https://maxkasy.github.io/home/information_filtering_workshop/

Open to all; register for partcipation (online/in-person) here:
https://docs.google.com/forms/d/e/1FAIpQLSeHq-IEXmmLNI9YZ__DJInZUF24tqn3gQcjrk3AbdOa-CIo6w/viewform

Insightful interview on Iran on the eve of the recent invasion:

https://newleftreview.org/issues/ii157/articles/ervand-abrahamian-iran-under-fire

Ervand Abrahamian, Iran Under Fire, NLR 157, January–February 2026

One of modern Iran’s leading historians provides a critical anatomy of the power structures of the Islamic Republic, on the eve of war—and a scathing denunciation of the long-incubated American-Israeli assault on the country, calculated to bring about Syria-style disintegration and civil war.

New Left Review

🚨 New working paper (with @elizabethlinos and @ProfSanaz) 🚨
"Causal Inference for Social Network Formation"

A design-based framework for indentification and inference on the causal mechanisms behind tie formation, applied to 6,042 new hires randomly assigned to project teams at a global firm.
Indirect ties have a robust, large effect!

https://maxkasy.github.io/home/files/papers/network_formation.pdf

Insightful interview on Iran on the eve of the recent invasion:

https://newleftreview.org/issues/ii157/articles/ervand-abrahamian-iran-under-fire

Ervand Abrahamian, Iran Under Fire, NLR 157, January–February 2026

One of modern Iran’s leading historians provides a critical anatomy of the power structures of the Islamic Republic, on the eve of war—and a scathing denunciation of the long-incubated American-Israeli assault on the country, calculated to bring about Syria-style disintegration and civil war.

New Left Review