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Brenner’s Satisfactory

“Mathematics is the art of the perfect.  Physics is the art of the optimal.  Biology, because of evolution, is the art of the satisfactory”.   That’s Sydney Brenner speaking.  He should know a thing or two.  He won a Nobel Prize. It’s a shame, is it not?  Economies are always changing.  Not just in terms […]

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Break Up Economics — continued

What?  Surely not!  How dare he suggest such a thing. What, you are correct in asking, am I talking about? The recent speech by a Department of Justice official who dared suggest that it is getting quite difficult to find a truly neutral technocratic expert to give testimony in court.  Imagine the cheek.  How dare […]

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Rizzo Goes For the Guild

Is it a cult? Is it a guild? Both perhaps? I remember reading sometime not long ago that Steve Levitt was leaving Chicago.  Two things stood out in the article bringing that news:  first, Levitt said he was concerned that economics was becoming irrelevant; second, someone had told him he was not doing ‘proper economics’. […]

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