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    Economics / economic theory /

    Beating A Dead Horse

    October 21, 2013

    Am I the only one who finds something a little ironic about this week’s Economist? Its front page blares about the sorry state of science and how there is a risk that shoddy research, over production of papers, and the under-scrutiny thereof could undermine the public’s trust. Then turn the page, and read a glowing […]

    Economics / economic theory /

    Scientific Economic? Not Again!

    October 21, 2013

    That whole quasi-Nobel prize award paradox still reverberates. Today’s New York Times carries an op-ed piece by Raj Chetty from Harvard trying to fend off the laughter of those who see having both Shiller and Fama win at the same time is a little strange. His conclusion? Of course economics is a science. Why? Because […]

    Commentary / austerity, fiscal cliff, government spending, Obama, Republicans /

    Republican Sanity? Perhaps

    October 17, 2013

    Just a quick reminder: before we all get carried away with this new post-crisis dawn stuff, we should remember that two-thirds of the House Republicans – including Paul Ryan – voted to continue the government shutdown and to force the US into default. That thought ought to pour cold water on anyone who imagines we […]

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