Robert's Stochastic thoughts

Asymptotically we'll all be dead

Thursday, August 20, 2015

Begging for even more attention from Paul Romer

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I have recently been delighted to find comments on this blog from someone named Paul who seems to be Paul Romer himself. He seems to have t...
3 comments:
Tuesday, August 18, 2015

Romer, DeLong and Krugman on Solow and Lucas

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I can't resist typing this post. I am very sure it is not worth reading (that's why it's here not at http://angrybearblog.com) ...
7 comments:
Saturday, August 08, 2015

AIPAC gall is amazing

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Here members of AIPAC (often for attribution) assert that it is improper for Barack Obama to criticize AIPAC. It is very important that the...

Living in the Real World

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I think it is almost possible that the Editorial Board of the Washington Post may have decided to stop ignoring reality. To me the editoria...
1 comment:
Wednesday, August 05, 2015

What Wouldn't be a Dynamic-Stochastic General-Equilibrium model?

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In Which I Try to Answer a Question asked by Larry Summers as a Joke The LSE held a discussion on Reconstructing Macroeconomics. Brad DeL...
Tuesday, August 04, 2015

A question for Paul Romer

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Professor Romer, do you think that Robert Solow has Feynman integrity ? I do. I quote and question "Lucas and his colleagues interp...
2 comments:
Monday, August 03, 2015

When did the Freshwater School Adopt the "Adversarial Method"

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Paul Romer and Paul Krugman write that Lucas, Prescott et al had great intellectual integrity back in the 70s but then turned to sophistry...
1 comment:

Human Capital Spillovers

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Paul Romer proposes that economists try to think like physicists . I think he means the same thing Sargent means when he talks about taki...
1 comment:
Monday, July 27, 2015

Daniel Davies and Brad DeLong Debate Deutschland

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As usual the posts to which I link are more interesting than this post. Brad DeLong discusses German economics and totally fair uses Kevin ...
6 comments:
Wednesday, July 08, 2015

The "Structural Problems" Ideology is not Superstructure.

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Brad DeLong notes that Friedman has few disciples and that Hayek has many in spite of the utter failure of Hayekian macro theory to fit any ...
Tuesday, July 07, 2015

Greek Options.

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Now that they have voted no to the Troika's plan, what can Greeks do next ? I see three possibilities. First they can reach an agree...
9 comments:
Saturday, July 04, 2015

The East is Red ... Ink ?

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I have no idea. The Chinese kept growing at an amazing rate while developed work economies crashed then stagnated. Of all the scary though...

EC screwing Greek Banks

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This seems to be important http://www.thepressproject.gr/details_en.php?aid=78892
1 comment:
Monday, June 29, 2015

German History and the Greek Crisis

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Puzzled by the widespread pretense that the Eurogroup negotiations broke down because Greece had refused to accept further austerity I look...
3 comments:

Washington Post and New York Times on the Greek Crisis

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The crisis so far. Negotiations at the Eurogroup of finance ministers between Greek finance minister Yanis Varoufakis and the other 18 brok...
7 comments:

What We Learn By Contrasting the Impacts of Greek and Puerto Rican Default

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Don't you hate it when you have a great title and no post to go with it. Greece today v Puerto Rico today non post inspired by Pre...
Sunday, June 28, 2015

Alas Ellas loses ELA

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Breaking news The European Central Bank announced an end to Emergency Liquidity Assistance to Greece. This would have been the Troika...

In Two Polls a plurality of Greeks say they would vote to accept the Troika Proposal

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According to greekreporter.com In a poll conducted by Alco for the Greek newspaper ‘Proto Thema’, 57% of the participants said they wou...
1 comment:

The Greek Crisis and Referendum

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Greek Prime Minister Alexis Tsipras called for a referendum in which Greeks could vote to accept or reject the demands for further austerity...
14 comments:
Saturday, June 27, 2015

Brad DeLong buries the Lead in what is left of George Will's Credibility

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A 16th paragraph (if I counted right) at the Washington Center for Equitable Growth blog is more prominent that a first paragraph here, but ...
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