Category: Uncategorized

Sazerac

Who knew that New Orleans had an official cocktail? Those of us that hacked through Saturday’s crossword, at least.

Economics a Science?

Some interesting thoughts from Robert J. Shiller On Whether He is a Scientist (Project Syndicate). Although I can agree that there should be a Nobel Prize (or Prizes) for engineering, I disagree on several counts with this statement. Nobody really cares much…

Krugman on Romer et al.

The thread begun (in the AER) by Paul Romer, as I’ve commented, is deep in links on his site and elsewhere. Here’s a brief take from Krugman, with more links. Trash Talk and the Macroeconomic Divide – lots of links Freshwater’s…

The Scientific Method and social equilibria

So much to think about here, and part of a much larger conversation. The characterization of social equilibria, and mistaken beliefs about the wider-occurring equilibria, are appealing. The freshwater sympathizers agreed, for example, that Lucas and Moll strategically refrained from…

Aspiring to whimsy

Most great economists are probably misunderstood as having a lack of whimsy. Those lesser economists may actually lack it. Let’s all aspire to maintaining it. Whimsy Just Doesn’t Show Up on a Spreadsheet What a fun article, noting that “in…

Books to read on mathematics

Came across this while investigating the mathematicians R. H. Bing (great story about that name) and Paul Halmos (the end-of-proof symbol borrowed from magazines) in William Dunham‘s Mathematical Universe. Euler Book Prize – annually since 2007 I’ve read the first book…

Learning about and from VCs

The Mind of Marc Andreessen (The New Yorker) Plenty to learn here, even if sometimes the ‘wisdom’ seems trite. For example, Andreesen says of the dot-com crash, “we were five or six years too early”, but that insight is really nothing…

Venture Capital in the 21st Century

The story about Mark Andreessen, venture capital, and Silicon Valley. Tomorrow’s Advance Man Herbert Allen III (of the investment bank Allen & Company) mentions the American myth by which we presume he means to shed some light on the reality…