Not everything we do, not even most of it, is done for profit, or with other practical aims in mind. John Kay : In 1969 Robert Wilson, direc...
Mike Woodford: why we need to model expectations realistically
I just read an essay by Mike Woodford from 2012, and I thought I might pass on a few interesting observations he made. He was responding to...
Is inequality approaching a tipping point?
As with my last post, I'm trying to catch up here in linking to my recent Bloomberg pieces. This is my last one from two weeks ago. Giv...
Wall St shorts economists
I've been remiss in not providing links to my last two Bloomberg pieces. Active web surfers may have run across them, but if not -- belo...
Peter Dorman, bluntly, on the crappiness of today's microfoundations
This is a bit old, but I just happened onto this interesting post at Econospeak contributed by Peter Dorman. It pulls no punches, and sugge...
Damned with faint praise
I posted yesterday on the new book by Kartik Athreya, Big ideas in Macroeconomics: a non-technical view . There's a blurb on the back by...
Economists with hurt feelings
Kartik Athreya is an economist at the Federal Reserve Bank of Richmond. He is a true believer in the modern methods of macroeconomics, and h...
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