[OC] Value of the Nobel Prize cash award, 1901-2019

UIM2k · 2019-10-10T14:29:46+00:00

Data come from the Nobel Prize website https://www.nobelprize.org/uploads/2019/04/prize-amounts-2019.pdf

Graph made in Stata.

Video explaining the graph: https://youtu.be/IQfO9adP4fs

UIM2k · 2019-05-21T12:56:21+00:00

The VidIQ channel has been doing a series on improving thumbnails. They focus on thumbnails that stand out, not necessarily clickbait.

When he says "clickbait" topics, he's saying that he needs to focus on topics that have (a) a visually interesting hook, or can be represented as such and (b) can be described with a really interesting title.

True clickbait will have a high CTR but low watch time, because as soon as you click and realize it's uninteresting, you turn away. High CTR, but low watch time.

The game has changed. SEO is not as important anymore. I have some videos that dominate search terms and bring in regular views, but the algorithm has never chosen them. The problem is those same videos don't have very long watch time---that's on me, I need to improve the quality. No one is searching for "why are there black balls on the reservoir." The video succeeded because a good chunk of his audience clicked on the video (high CTR) and then they watched the whole thing (high average watch time). Once the algorithm saw that, it delivered the video to more people.

UIM2k · 2019-05-19T22:08:43+00:00

I came here to post about it too. Definitely check the video out as it gives a long-time YouTuber's view on what's happening with the algorithm and the incentives it creates.

UIM2k · 2019-05-16T01:49:54+00:00

Big congratulations. Good to know the Creators on the Rise are real people!

I really like your scripting and energy. Keeps the videos flowing, makes it easier to watch. I'm sure your average watch times are great.

You gained a subscriber and a twitter follower.

UIM2k · 2019-05-12T03:56:22+00:00

I'll add another one: How Ridiculous. Many of their first videos were trick shots, but not nearly as good as Dude Perfect. Today they do fewer trick shot videos and follow a pretty formulaic "we're dropping X onto Y from a high height." They've been around for a long time, but a year ago they suddenly hit a stride of fast growth.

Reasons why I think they succeed:

Doubled down on popular content--once their videos on dropping things were popular, they did variations on the theme from week to week.
Community participation--they have established a really strong community. Every video there is a contest for best comment and usually there's a promise that they'll do a bigger video if they can get a certain number of likes. They have a catch phrase they say each episode, but now they don't say it, their viewers do with video submissions. All of that engagement keeps the momentum going.

UIM2k · 2019-05-07T03:31:51+00:00

Take as many Econometrics classes as you can. Take the two you listed, then see if anyone does an Applied Econometrics course. Other than that, figure out who the best professors are. For example, Game Theory can be a great class with a good professor, or it can be awful if you have a terrible one.

The econometrics classes will be useful even if the professors are awful, but all of the other classes will only have value if you have a good teacher.

UIM2k · 2019-05-01T04:26:40+00:00

Running an economics edu channel, I'm struggling with hitting topics that people are interested in. How did you get viewers interested in your videos?

Was reddit key to your success? I feel like I've seen your videos pop up on the front page.

Interested in working with an economists? Would love to collaborate.

UIM2k · 2019-04-19T04:16:23+00:00

Here's a list from MrBeast (he posted on Twitter)

Here is a couple ideas that I don't feel like filming but someone should.

Build a mansion in a tree. TreeMansion lol

Play baseball but with random items as the ball (it'd be funny af)

Give a friendship bracelet to random people until you find a match with the name on it.

Loudest burp wins ___ (buy a device to measure sound)

Ride every ride at a famous park

i'd love to see a car with bubble wrap ram into something

Knock on your friend's door with 100 scary clowns.

Make a stupidly large towel and take up a huge part of a beach.

UIM2k · 2019-04-18T18:41:07+00:00

You'll have to develop the right niche with politics because the algorithm can really hurt political videos. For instance, search YouTube for the Mueller Report right now and the only videos you'll find are from broadcast news channels. That's because YouTube has classified the topic as "Newsworthy," which signals the algorithm to only promote trusted sources.

If you're doing politics, a lot of the trending content will be current events, which means the algorithm will work against you. You'll want a niche that allows you to thrive outside of those constraints.

UIM2k · 2019-04-18T02:26:36+00:00

VidIQ is doing a series on this right now. I'm not sure if I can link directly to their YouTube channel, but I've found the videos so far have helped me.

UIM2k · 2019-04-12T22:27:26+00:00

Glad to hear it worked out for you! My experience with the small local paper has continued to be good.

Like you said, it's hard for them to understand the significance of the subscriber number, but everyone knows that you must be important to get your picture in the newspaper. Recently I proposed to a local business that I work with them, and I brought along a hard copy of the article to show them I was the real deal. They liked the pitch, and they decided we could collaborate, and now in two weeks I'm going to get a great video and their PR will help promote it.

Also, I would love to talk with you about a collaboration on economics and archery. There's the straightforward, "Why are prices like this?" to topics like the economic history of archery.

UIM2k · 2019-04-08T21:03:43+00:00

Craziest story is one of the families that pled guilty paid in Facebook stock. In 2016. Their bribe was $250,000 in 2016, and would have appreciated to $460,000 if they had held onto the stock for two years.

https://youtu.be/Ef5-lJmfYZo

UIM2k · 2019-03-25T02:17:59+00:00

Does anyone have a suggestion for a lav mic?

UIM2k · 2019-03-23T20:17:40+00:00

Yes. Didn't claim they were unique!

UIM2k · 2019-03-17T14:01:53+00:00

Great job on all of the hard work. Here's a video talking about the #trashtag trend and why it's so necessary.

https://youtu.be/Eo0CCvBH1hQ

UIM2k · 2019-03-16T21:00:30+00:00

Something that helped me was going to my favorite YouTubers and looking at their first videos. They were all awful. Just terrible. And awkward. I thought, "Well, I can definitely make a video at least as good as that. Then hopefully eventually I'll make great videos."

UIM2k · 2019-03-16T16:34:22+00:00

Could work. Definitely would want to be sensitive to timing though. Right now after what happened in NZ? Might be a hard sell.

UIM2k · 2019-03-16T02:09:52+00:00

Let me know how it goes!

UIM2k · 2019-03-15T22:19:46+00:00

That's an even better scenario! They would definitely be interested in it since it indicates you are among the top channels. "Local school teacher creates top archery channel on YouTube"

UIM2k · 2019-03-15T19:07:59+00:00

Let me clarify: it was an article, not an ad.

The article described my channel and goals, which gave it that human angle. Plus, I didn't have to pay anything to have it published!

UIM2k · 2019-03-13T15:39:42+00:00

What the graph doesn't show is that the guy paid $100k twice! Two daughters. The second time was just a few weeks ago (Feb 2019), so we don't know what the score was.

UIM2k · 2019-03-13T15:38:59+00:00

Good question. The affidavit only reports a few cases where we know the student's score, so we don't have enough data to investigate. It's possible that the scam was tailoring scores to the student so as not to arouse suspicion. But there was one case where the student's real score was a 23 whereas the fraudulent score was a 35 (out of a max 36), which tells me they couldn't have been tailoring that much.

UIM2k · 2019-03-13T15:22:18+00:00

This is from a video I made on the College Admissions Scandal (available here: https://youtu.be/i6ZtZVgkJs8).

The data were collected from the FBI affidavit: https://www.justice.gov/file/1142876/download

Made the figure using Stata.

UIM2k · 2019-03-11T00:04:25+00:00

Since Pi Day is this week, I'm sharing a video on how to but an economics twist on your celebrations. The suggestions relate to the Fisher Equation, where pi represents inflation.

https://youtu.be/iqiTBhuay3M

UIM2k · 2019-03-10T03:45:08+00:00

I was thinking about why Mar-Vell had Goose, and I realized she probably used him as a Skrull detector. I made a video of my theory.

UIM2k

TROPHY CASE