Posted by Unknown | 11:34 AM

Most economists would not admit in public that they are anything less than virtuosos at what they do. But I am not "most economists...

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Posted by Unknown | 11:08 AM

In my last post, I snarked that "I also think, incidentally, that maybe [libertarians] should reconsider the perfection and rightness o...

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Posted by Unknown | 9:23 AM

Work is getting more demanding again, as I teach myself how to teach finance classes. Thursday Roundup will have to take a break in the mont...

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Posted by Unknown | 8:47 AM

It has often been said of the Holy Roman Empire that it was "neither Holy, nor Roman, nor an Empire." However, that joke has gotte...

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Posted by Unknown | 8:02 AM

Many of America's tech startups are funded by venture capital. But why on earth would any venture capitalist invest in a risky, unproven...

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Posted by Unknown | 10:27 PM

I am in a bad mood, and like many bloggers, when I am in a bad mood I go looking for stupid things that people have said on the Internet, in...

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Posted by Unknown | 11:41 AM

Nobel Prize winning physicist Steven Weinberg has a big article in the New York Review of Books lamenting the crisis in Big Science . He foc...

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Posted by Unknown | 8:51 AM

Ladies, gentlemen, and extraterrestrial beings, your Thursday Roundup: 1. Mark Thoma  attends the INET conference in Berlin, and offers his ...

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Posted by Unknown | 7:54 AM

Roger Farmer had some very interesting things to say regarding my last post on equilibrium analysis , but unfortunately Blogger somehow impo...

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Posted by Unknown | 11:41 PM

You often hear defenders of the DSGE modeling framework say something like this : "You can't attack DSGE. Its just a framework. You...

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Posted by Unknown | 10:17 AM

Greg Mankiw has an op-ed extolling the benefits of competition between governments (at the local, state, or national level). The basic argu...

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Posted by Unknown | 9:01 PM

Way too much good stuff in this week's Thursday Roundup! So much good stuff that there may not be room for my traditional zany commentar...

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Posted by Unknown | 7:15 PM

Volker Wieland and his coauthors have taken a first step toward addressing the problem of model uncertainty in macroeconomics. Basically, t...

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Posted by Unknown | 12:27 PM

In the 1970s, Robert Lucas perceived that there was a big problem in macroeconomics . Models that didn't allow for human beings to adjus...

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