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Lamppost Afterthoughts

Notes from the cutting room floor: Lest anyone be mistaken I am aware that we live in a world of models. Everything we do can be described at some level of abstraction as a model. Our entire ability to live is based upon modeling. Our various systems and bodily functions are models. That is these […]

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Lamppost Economics?

Paul Krugman came remarkably close to giving economics a big negative review in his New York Times blog last week. To sum up his argument: economics is very good at talking about, although not resolving, issues that are tractable to formal modeling — anything else not so much. You see there’s this gigantic blind spot in modern […]

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Why Teach Economics?

No I am not going to get upset about mainstream economics. Today I have a different issue to be vexed about: why do degrees in economics exist? It makes no sense to me to teach economics in a vacuum. None at all. The economy is simply one part of a very complicated and intertwined thing called […]

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