Archive for Ocak 2013

Is finance different than medicine?

Readers of this blog know that I generally write about the risks of finance -- risks I think are systematically underestimated by standard e...

Mostly on this blog I've been arguing that current economic theory suffers from an obsession with equilibrium concepts, especially in ma...

I've made quite a lot of the analogy between the dynamics of an economy or financial market and the weather. It's one of the basic t...

I wrote a while back on some of the inconsistencies in the belief -- still professed by many economists -- in the absence of any ultimate l...

My latest column in Bloomberg (published Sunday night in the US, I think) looks a little at the link between socioeconomic inequality and cr...