Category Archives: Real World Economics
Russian-Chinese Partnership Goes Global: Washington’s Nightmare
Russian-Chinese Strategic Partnership Goes Global : Washington’s Nightmare Post Categories: Afghanistan Andrew Korybko / The 4th Media News | Sunday, August 24, 2014, 13:54 Beijing Share on facebookShare on twitterShare on emailShare on printShare on gmailShare on stumbleuponShare on favoritesMore … Continue reading
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
Go Navy!: After Air Force, Now It’s Navy! Cheating Scandals in Operations of Nuclear Submarines, Aircraft Carriers…
After US Air Force, Now It’s Navy! Cheating Scandals in Operations of Nuclear Submarines, Aircraft Carriers … Post Categories: Canada David S. Cloud, Los Angeles Times / The 4th Media News | Friday, February 7, 2014, 10:19 Beijing Navy investigating … Continue reading
Explaining [and Economists Debating] the Scientific Difference Between Wealth and Income
Explaining the scientific difference between wealth and income to David Andolfatto January 24, 2014merijnknibbeLeave a commentGo to comments Wow. The way David Andolfotto uses economic phraseology in his blog is vague, incoherent, inconsistent and fuzzy – at least against the background … Continue reading
‘Over the Hill’: the Secular Decline of the Rate of ‘Fixed’ Investment in Rich Countries and Misdirection in the U.S.
Over the hill. The secular decline of the rate of ‘fixed’ investment in rich countries August 18, 2014 On Voxeu a book about secular stagnation has been published. Can I add something to this? Yes: information on the secular development of the rate … Continue reading
Why Read Marx or Any Historical Thinker or Even History Itself?
TERRELL CARVER From: Reading Marx: Life and works Why read Marx at all? Why take any notice of his biographical circumstances? Why read his works in historical context? Why should it matter reading one edition or translation rather than another? … Continue reading
On the Importance of Validating Assumptions in Statistics and Econometrics
On the importance of validating assumptions in statistics and econometrics August 17, 2014EditorLeave a commentGo to comments from Lars Syll In Andrew Gelman’s and Jennifer Hill’s Data Analysis Using Regression and Multilevel/Hierarchical Models, the authors list the assumptions of the linear regression model. … Continue reading