Economist Blames Twitter For Down Economy

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quintopia
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Economist Blames Twitter For Down Economy

Postby quintopia » Tue Mar 24, 2009 8:53 pm UTC


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Re: Economist Blames Twitter For Down Economy

Postby Jahoclave » Tue Mar 24, 2009 8:58 pm UTC

Well I guess that's a little more rational than one of our Economics Professor writing in to the paper to tell us that Jesus does not approve of our stimulus package.

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Not A Raptor
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Re: Economist Blames Twitter For Down Economy

Postby Not A Raptor » Tue Mar 24, 2009 9:58 pm UTC

This guy sounds like a twit to me.
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Re: Economist Blames Twitter For Down Economy

Postby The Reaper » Tue Mar 24, 2009 11:27 pm UTC

Correlation DOES equal causation, at least according to this guy :\ egh.

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Re: Economist Blames Twitter For Down Economy

Postby Clumpy » Wed Mar 25, 2009 12:01 am UTC

The Reaper wrote:Correlation DOES equal causation, at least according to this guy :\ egh.


This guy's a professor, and he's pretty much saying "When I yell at my friend Catherine more my warts go away!"

I think the actual article is tongue-in-cheek, though:

Employees who might otherwise be working productively and contributing to the economy can instead create Tweets, such as "I just realized I clipped all of my nails today except for one" or "My co-worker is drinking pepsi . Pepsi!!! I want some. Stupid Lent" or "Financial systems require high levels of trust and oversight. Take away the oversight and encourage high levels of risk for personal gain."


How many kilotweets does one have to go through in a day before losing productivity? My dopey Facebook status updates take a grand total of five seconds to think up. That's why I like them.
Last edited by Clumpy on Wed Mar 25, 2009 1:20 am UTC, edited 1 time in total.

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Re: Economist Blames Twitter For Down Economy

Postby Gellert1984 » Wed Mar 25, 2009 12:05 am UTC

I see only one solution:-

BAN THE INTERNET!
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Re: Economist Blames Twitter For Down Economy

Postby Bright Shadows » Wed Mar 25, 2009 12:34 am UTC

Depending on how it's done, that could be very helpful in improving productivity. >_>
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Re: Economist Blames Twitter For Down Economy

Postby Will » Wed Mar 25, 2009 6:49 pm UTC

People in academic fields write joke papers all the time. This is probably one of those cases. Right?


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Re: Economist Blames Twitter For Down Economy

Postby quintopia » Wed Mar 25, 2009 7:45 pm UTC

I thought the article itself was the satire and the paper itself didn't exist. . .does it?

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Re: Economist Blames Twitter For Down Economy

Postby Lycur » Wed Mar 25, 2009 7:46 pm UTC

People are taking this seriously? That's just so, so sad :-(

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Re: Economist Blames Twitter For Down Economy

Postby segmentation fault » Wed Mar 25, 2009 7:58 pm UTC

this is a joke, right?
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Re: Economist Blames Twitter For Down Economy

Postby Jack Saladin » Wed Mar 25, 2009 8:58 pm UTC

Yes, it's a joke. C'mon:
"We see the rapid rise of Twitter usage in 2008 correlating very strongly with a tremendous decrease in American productivity," said Schmeldon. "Our regression analysis on the data suggests a causal relationship that may actually be larger than the impact of the much-touted subprime collateral debt refinancing triggers."
Nobody, no matter how deluded, would ever let this sentence come out of their mouth. Least of all a Harvard economics professor. It's just a pirates/global warming thing.

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Re: Economist Blames Twitter For Down Economy

Postby Endless Mike » Thu Mar 26, 2009 1:35 pm UTC

Related Articles

Want to learn more about this topic? If so, you will enjoy these articles:

Internet Hoax Psychology

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Re: Economist Blames Twitter For Down Economy

Postby Thadlerian » Thu Mar 26, 2009 1:54 pm UTC

Jack Saladin wrote:Yes, it's a joke. C'mon:
"We see the rapid rise of Twitter usage in 2008 correlating very strongly with a tremendous decrease in American productivity," said Schmeldon. "Our regression analysis on the data suggests a causal relationship that may actually be larger than the impact of the much-touted subprime collateral debt refinancing triggers."
Nobody, no matter how deluded, would ever let this sentence come out of their mouth. Least of all a Harvard economics professor. It's just a pirates/global warming thing.

I don't know. Harvard economics professors keep saying crazy shit all the time. That sentence is just a few degrees more blatant than the other stuff.

But, yes, I recognize it as a joke. A highly accurate parody, to be precise.

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Re: Economist Blames Twitter For Down Economy

Postby netcrusher88 » Fri Mar 27, 2009 1:17 am UTC

It's officially a hoax. Postmortem via Scientific American: http://www.sciam.com/blog/60-second-sci ... 2009-03-26
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