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    Economics / economic theory, Thomas Sargent /

    Laughingstock or Fog?

    June 14, 2016

    Let’s have some fun: Economics deserves to be a laughingstock. Really, it does. No one can take it seriously. I have tried. The effort isn’t worth it. This doesn’t mean that there aren’t a ton of interesting things littered throughout the odd landscape of economics, it’s just that most of them are not particularly unique to […]

    Economics / Deirdre McCloskey, economic theory, Elhanan Helpman, growth, Richard Heinberg, Robert Gordon /

    Gordon, McCloskey and Growing Pains

    May 31, 2016

    I try to take my own advice: when you have nothing to say, don’t say anything. Thus, for the best part of a month I have busied myself doing other things and staying away from here. It’s been a nice break, and here I am still convinced that there’s not much to say. The economy […]

    Uncategorized / economic theory, Robert Gordon, Vitor Gaspar /

    GDP, Growth, Stagnation, Whatever

    May 4, 2016

    I am wading through Robert Gordon’s book “The Rise and fall of American Growth”. Excellent stuff. It really is. Although at over 750 pages it is somewhat daunting. I have also just received in the mail a copy of a book edited by Blanchard, Rajan, Rogoff, and Summers. It’s called “Progress and Confusion: The State […]

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