Category Archives: Academic Left
What is Randomness?
What is randomness? September 9, 2014 from Lars Syll Modern probabilistic econometrics relies on the notion of probability. To at all be amenable to econometric analysis, economic observations allegedly have to be conceived as random events. But is it really necessary … Continue reading
The Arrow-Debreu Obsession: Reality is For Those Who Cannot Handle Drugs or Metaphysical Theory
The Arrow-Debreu obsession August 31, 2014EditorLeave a commentGo to comments from Lars Syll I’ve never yet been able to understand why the economics profession was/is so impressed by the Arrow-Debreu results. They establish that in an extremely abstract model of an … Continue reading
Draghi Speaketh
Draghi Speaketh August 29, 2014merijnknibbeLeave a commentGo to comments From: Erwan Mahé (guest post) 29 August 2014 Mr Draghi’s speech at the Jackson Hole symposium was definitely the highlight of late last week. A lot of ink has already been spent … Continue reading
Self Criticism[?] in Economics
Self criticism in economics August 26, 2014peterradfordLeave a commentGo to comments from Peter Radford This is a bit of a rant. Please bear with me. I rarely do this, but here’s a link to one of my favorite economics blogs: Unlearning Economics:Economists … Continue reading
The Economics of American Racism in 9 Charts 1960 to 2014
The economics of American racism (9 charts, 1960 to 2014) from David Ruccio Neil Irwin, Claire Cain Miller, and Margot Sanger-Katz have assembled a series of charts documenting America’s enduring—and, in many cases, growing—racial divide. I have reproduced some of them below.
Econometric Forecasting–A Retrospective Assessment
Econometric forecasting — a retrospective assessment August 21, 2014EditorLeave a commentGo to comments from Lars Syll There have been over four decades of econometric research on business cycles … The formalization has undeniably improved the scientific strength of business cycle measures … … Continue reading
Nazi Symbols in the U.S. Military: ‘Accidental Giant US Navy Swastika Building Was no Accident’
Nazi Symbols in the US Military: “Accidental” Giant US Navy Swastika Building Was No Accident Post Categories: Canada Bruce Wilson | Thursday, August 21, 2014, 23:16 Beijing Share on facebookShare on twitterShare on emailShare on printShare on gmailShare on stumbleuponShare … Continue reading