Thoughts On Economics

Tuesday, September 29, 2009

Keynes All The Rage

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I noticed some articles and posts on Keynes recently. The ones I noticed are somewhat different than those highlighted by the Sandwichman. ...
10 comments:
Saturday, September 26, 2009

O Brave New World That Has Such Bacteria In It

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The BioBricks Foundation ( BBF ) has Request For Comments ( RFCs ), just like the Internet Engineering Task Force ( IETF ). They have a BioB...
Tuesday, September 22, 2009

From Alexander Rosenberg On Cochrane On Krugman

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Brian Leiter reports Alexander Rosenberg's thoughts . I'll select one extract: "Add in [Chicago economists'] ideological at...
Monday, September 21, 2009

Stiglitz Reports

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Joseph Stiglitz has been chairing commissions. The draft report of the Commission of Experts of the President of the UN General Assembly on ...
Friday, September 18, 2009

Piling On

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A fool writes: "Paul's Keynesian economics requires that people make logically inconsistent plans to consume more, invest more, and...
1 comment:
Tuesday, September 15, 2009

Special Issues on Global Financial Crisis

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Some journals with articles on current problems: Cambridge Journal of Economics , V. 33, N. 2 (July 2009). Challenge , V. 52, N. 1 (January-...
Monday, September 14, 2009

Economists With Ethics

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The Association for Integrity and Responsible Leadership in Economics and Associated Professions ( AIRLEAP ) is "deeply concerned about...
5 comments:
Thursday, September 10, 2009

One Math, Three Applications

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I previously pointed out that the same math that can formalize classical economics is used by Google to find page ranks. Now Stefano Alles...
Tuesday, September 08, 2009

Only Mainstream Macroeconomists Exist For Krugman

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Many have already written about Paul Krugman's article, "How Did Economists Get It So Wrong?" in the September 6 issue of the...
5 comments:
Friday, September 04, 2009

Samuelson’s Revealed Preference: A Failed Research Program

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Wong (1978, 2006) grew out of what may have been the last doctorate thesis Joan Robinson supervised. As it is, Wong did not complete his the...
1 comment:
Friday, August 28, 2009

On The Road From Mont Pelerin

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I have been reading The Road from Mont Pelerin: The Making of the Neoliberal Thought Collective , a collection edited by Philip Mirowski and...
3 comments:
Monday, August 24, 2009

Some Issues In Joint Production

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1.0 Introduction Sraffa's work on single product systems is sufficient for demonstrating the incorrectness of neoclassical economics, at...
Wednesday, August 19, 2009

"The Most Notable Critic of Austrian Economics"

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Apparently, that is me .
4 comments:
Friday, August 14, 2009

Good Timing, Paul

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Compare and contrast this: "Some of us were skeptical. A couple of months after Mr. Obama gave that speech, I warned that his vision of...
Tuesday, August 11, 2009

More On Economic Reasoning

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All ten of the letters in the 8-14 August issue of The Economist are responses to the critique of academic economics in the 18-24 July iss...
3 comments:
Tuesday, August 04, 2009

Still A Man Hears What He Wants To Hear And Disregards The Rest

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Mark Blaug has another paper criticizing Sraffianism. Here's one quotation from it: "One of the striking features of the Sraffian s...
Tuesday, July 28, 2009

Marc Lavoie - Quite Fierce

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I think I downloaded Marc Lavoie's paper, "Neoclassical Empirical Evidence: On Employment and Production Laws as Artefact" fro...
Tuesday, July 21, 2009

Unsent Letter

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Others have already commented on the three articles on the breakdown of macroeconomics and financial economics in the July 18-24 issue ...
Sunday, July 19, 2009

Woodstock Thirtieth Anniversary

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They did not hold the 30th anniversary concert at Woodstock. They held it in my backyard. Crowd for Dave Matthews. Dave Did "Watchtower...
Saturday, July 18, 2009

Now, Judge, I Had Debts No Honest Man Could Pay/The Bank Was Holding My Mortage And They Were Gonna Take My House Away

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1.0 Introduction This example illustrates one aspect of how Sraffa analyzed natural resources. In this case, natural resources consist of la...
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