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A Fine Theorem

The State of Economics. 8220;The Power of Communication,” D. Rahman (2014). Before getting to Rahman’s paper, a quick note on today’s Clark Medal, which went to Roland Fryer. The one caveat I have, however, is the same one I gave last year. The AEA is making a huge mistake in essentially changing this prize from “Best Economist Under 40″ to “Best Applied Microeconomist Under 40″. Of the past seven. Where are the finance and monetary folks, when we just suffered the worst global recession since the 1930s?

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A Fine Theorem | afinetheorem.wordpress.com Reviews

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The State of Economics. 8220;The Power of Communication,” D. Rahman (2014). Before getting to Rahman’s paper, a quick note on today’s Clark Medal, which went to Roland Fryer. The one caveat I have, however, is the same one I gave last year. The AEA is making a huge mistake in essentially changing this prize from “Best Economist Under 40″ to “Best Applied Microeconomist Under 40″. Of the past seven. Where are the finance and monetary folks, when we just suffered the worst global recession since the 1930s?

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7 four years ago

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A Fine Theorem | afinetheorem.wordpress.com Reviews

https://afinetheorem.wordpress.com

The State of Economics. 8220;The Power of Communication,” D. Rahman (2014). Before getting to Rahman’s paper, a quick note on today’s Clark Medal, which went to Roland Fryer. The one caveat I have, however, is the same one I gave last year. The AEA is making a huge mistake in essentially changing this prize from “Best Economist Under 40″ to “Best Applied Microeconomist Under 40″. Of the past seven. Where are the finance and monetary folks, when we just suffered the worst global recession since the 1930s?

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“The Contributions of the Economics of Information to Twentieth Century Economics,” J. Stiglitz (2000) | A Fine Theorem

https://afinetheorem.wordpress.com/2015/03/06/the-contributions-of-the-economics-of-information-to-twentieth-century-economics-j-stiglitz-2000

History of Economic Thought. 8220;The Contributions of the Economics of Information to Twentieth Century Economics,” J. Stiglitz (2000). There have been three major methodological developments in economics since 1970. First, following the Lucas Critique we are reluctant to accept policy advice which is not the result of directed behavior on the part of individuals and firms. Second, developments in game theory have made it possible to reformulate questions like “why do firms exist? Most famously, showed ...

2

“Directed Technical Change,” D. Acemoglu (2002) | A Fine Theorem

https://afinetheorem.wordpress.com/2012/06/04/directed-technical-change-d-acemoglu-2002

8220;Directed Technical Change,” D. Acemoglu (2002). If I increase the supply of something, its price should go down. And if I decrease the supply, its price should rise. Some markets do not seem to follow this pattern, however, with skilled labor in the US since 1970 being a famous example. As the percentage of college-educated workers has risen the U.S., the premium paid to the college educated has also risen. How can this be? An old and incorrect answer, previously discussed on this site. In the short...

3

“Entrepreneurship: Productive, Unproductive and Destructive,” W. Baumol (1990) | A Fine Theorem

https://afinetheorem.wordpress.com/2015/02/06/entrepreneurship-productive-unproductive-and-destructive-w-baumol-1990

8220;Entrepreneurship: Productive, Unproductive and Destructive,” W. Baumol (1990). Why, then, do entrepreneurs develop ideas and cause products to diffuse widely at some times in history and not at others? Let’s turn to Cicero: “Of all the sources of wealth, farming is the best, the most able, the most profitable, the most noble.” Earning a governorship and stripping assets was also seen as noble. What we now call productive work? Baumol goes on to discuss China, where passing the imperial exam and movi...

4

“Inventors, Patents and Inventing Activities in the English Brewing Industry, 1634-1850,” A. Nuvolari & J. Sumner (2013) | A Fine Theorem

https://afinetheorem.wordpress.com/2013/07/12/inventors-patents-and-inventing-activities-in-the-english-brewing-industry-1634-1850-a-nuvolari-j-sumner-2013

8220;Inventors, Patents and Inventing Activities in the English Brewing Industry, 1634-1850,” A. Nuvolari and J. Sumner (2013). The brewing industry. Nonetheless, even in the absence of patents, there still existed a market for ideas. James Bavestock, a brewer in Hampshire, brought his hydrometer to the attention of a prominent London brewer Henry Thrale; in exchange, Thrale could organize entry into the London market, or a job in Thrale’s brewery should the small Hampshire concern go under.

5

“Philosophy and the Practice of Bayesian Statistics,” A. Gelman & C. Shalizi (2010) | A Fine Theorem

https://afinetheorem.wordpress.com/2010/06/27/philosophy-and-the-practice-of-bayesian-statistics-a-gelman-c-shalizi-2010

8220;Philosophy and the Practice of Bayesian Statistics,” A. Gelman and C. Shalizi (2010). Bayesian statistics is so closely linked with induction that one often hears it called “Bayesian induction.” What could be more inductive than taking a prior, gathering data, updating the prior with Bayes Law, and limiting to the true distribution of some parameter? Gelman (of the popular statistics blog. Http:/ www.stat.columbia.edu/ gelman/research/unpublished/philosophy.pdf. June 27, 2010 at 1:42 pm. I’d l...

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ChrisAuld.com · causation

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Economics, econometrics, etc. You are currently browsing articles tagged causation. Inequality, poverty, and health: Comments on the Globe’s coverage. November 12, 2013. Canada’s Globe and Mail. Newspaper has been running a series. Of articles on income inequality. This post presents some comments on the coverage of income inequality and health in Wealth begets health: Why universal medical care only goes so far. By André Picard. Read the rest of this entry ». GMM and its application outside finance.

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ChrisAuld.com · inequality

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Economics, econometrics, etc. You are currently browsing articles tagged inequality. Inequality, poverty, and health: Comments on the Globe’s coverage. November 12, 2013. Canada’s Globe and Mail. Newspaper has been running a series. Of articles on income inequality. This post presents some comments on the coverage of income inequality and health in Wealth begets health: Why universal medical care only goes so far. By André Picard. Read the rest of this entry ». The Guardian and undergraduate economics.

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ChrisAuld.com · health

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Economics, econometrics, etc. You are currently browsing articles tagged health. Inequality, poverty, and health: Comments on the Globe’s coverage. November 12, 2013. Canada’s Globe and Mail. Newspaper has been running a series. Of articles on income inequality. This post presents some comments on the coverage of income inequality and health in Wealth begets health: Why universal medical care only goes so far. By André Picard. Read the rest of this entry ». October 7, 2012. What do economists do? Semipar...

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ChrisAuld.com · teaching

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Economics, econometrics, etc. You are currently browsing articles tagged teaching. The Guardian and undergraduate economics. November 25, 2013. The Guardian newspaper has issued a series of articles about academic economics in the past few weeks. They include Mainstream economics is in denial: the world has changed. Economics students need to be taught more than neoclassical theory. And Orthodox economists have failed their own market test. Read the rest of this entry ». What do economists do? The Health...

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ChrisAuld.com · Featured posts

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Economics, econometrics, etc. Behavioral hazard in health insurance. Suppose your health insurance becomes more generous, decreasing the proportion of the cost of care for which you are responsible. At the same time, your premium goes up to cover the extra costs faced by your insurer. In standard theory you are better off because you face less financial uncertainty, but you will also tend to consume too much health Continue Reading. Trucks and SUVs should be heavily taxed. This morning's Globe includes a...

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ChrisAuld.com · correlates

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Economics, econometrics, etc. You are currently browsing articles tagged correlates. US voters more likely to support marijuana legalization than non-voters. November 4, 2013. In Alcohol and other drugs. Much has been made of a recent Gallup poll. Showing a majority of Americans now support marijuana legalization. But if a majority support legalization, why do politicians seem so reluctant to support drug law reform? Read the rest of this entry ». The Guardian and undergraduate economics. The Health Equi...

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The following blogs and websites often have very good information you can use to help make. You an informed consumer and promoter of the public good. As always, you should carefully measure information from any source for signs of both bias and manipulation. Center for Ecomomic and Policy Research. Center for the Study of African Economies. Clear and Present Danger. Confessions of a Supply-Side Liberal. Economics in Plain English. Economists Do it with Models. Richard D. Wolff. The Economic Collapse Blog.

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An exploration of Behavioural, Experimental, Existential and Evolutionary Economics and how they can be applied to the Economics of Education. The purpose of this page is to keep track of posts relating to a literature review of academic papers. Most recent are at the top. Heller, S. B., Shah, A. K., Guryan, J., Ludwig, J., Mullainathan, S., and Pollack, H. A. (2015). Thinking, Fast and Slow? Some Field Experiments to Reduce Crime and Dropout in Chicago. Journal of personality and social psychology.

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A Fine Theorem

The State of Economics. 8220;The Power of Communication,” D. Rahman (2014). Before getting to Rahman’s paper, a quick note on today’s Clark Medal, which went to Roland Fryer. The one caveat I have, however, is the same one I gave last year. The AEA is making a huge mistake in essentially changing this prize from “Best Economist Under 40″ to “Best Applied Microeconomist Under 40″. Of the past seven. Where are the finance and monetary folks, when we just suffered the worst global recession since the 1930s?

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