From https://johnhcochrane.blogspot.com/2015/03/arezki-ramey-and-sheng-on-news-shocks.html?m=1
John Cochrane on what the news shocks theory of the the business cycle can get by without
12 Jan 2020 Leave a comment
in applied price theory, business cycles, development economics, economic growth, energy economics, industrial organisation, labour economics, labour supply, macroeconomics, unemployment Tags: real business cycles
Fighting Far Away From Home – Allied Advance in Africa – WW2 – 072 – January 11 1941
12 Jan 2020 Leave a comment
in defence economics, war and peace Tags: World War II
Bertrand Russell on why the term “agnostic” is for show
12 Jan 2020 Leave a comment
Reader Dom sent me a Bertrand Russell quote from what appears to be a very short essay, “Am I An Atheist Or An Agnostic?” (1947)
As a philosopher, if I were speaking to a purely philosophic audience I should say that I ought to describe myself as an Agnostic, because I do not think that there is a conclusive argument by which one prove that there is not a God. On the other hand, if I am to convey the right impression to the ordinary man in the street I think that I ought to say that I am an Atheist, because, when I say that I cannot prove that there is not a God, I ought to add equally that I cannot prove that there are not the Homeric gods.
None of us would seriously consider the possibility that all the gods of Homer really exist, and yet…
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Richard Posner
12 Jan 2020 Leave a comment
in comparative institutional analysis, constitutional political economy, development economics, economics of bureaucracy, economics of crime, economics of education, growth disasters, history of economic thought, income redistribution, industrial organisation, labour economics, law and economics, Marxist economics, occupational choice, property rights, Public Choice, public economics Tags: useful idiots
David Levine on self-confirming equilibriums
12 Jan 2020 Leave a comment
in applied price theory, business cycles, economics of information, global financial crisis (GFC), great recession, labour economics, labour supply, macroeconomics, monetary economics, unemployment Tags: rational expectations
Fair question for @jeremycorbyn
12 Jan 2020 Leave a comment
in defence economics, economics of crime, International law, law and economics, laws of war, transport economics, war and peace Tags: air crashes, British politics, Iran, Middle-East politics, useful idiots
That Time the Nazis Planned to Ruin Britain’s Economy with Fake Money
12 Jan 2020 Leave a comment
in defence economics, macroeconomics, monetary economics, war and peace Tags: Counterfeiting, World War II
The Blind Watchmaker: Why the Evidence of Evolution Reveals a Universe without Design by Richard Dawkins (1986)
12 Jan 2020 Leave a comment
I hope that the reader is as awestruck as I am (p.37)
I first read this book 25 years ago and in the intervening years I had forgotten how naive, silly and embarrassingly earnest Dawkins can be.
The blind watchmaker
The basic premise is easily summarised. In a theological work published in 1802 – Natural Theology, or Evidences of the Existence and Attributes of the Deity – the English theologian William Paley said that if you were out for a walk and stumbled over a stone, you wouldn’t think anything of it, it is so obviously part of the natural world and you unthinkingly accept it as a product of impersonal geological forces.
But if you were out for a walk and stumbled over a watch, particularly if it was an 18th-century, ornately fashioned pocketwatch, you would immediately deduce that something so wonderfully crafted, with so many carefully calibrated…
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Review of “Team of Rivals: The Political Genius of Abraham Lincoln” by Doris Kearns Goodwin
12 Jan 2020 Leave a comment
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