Robert's Stochastic thoughts

Take two aspirins and call me in the morning (or maybe in 100 years). As usual, I want to talk about crude empiricism vs microfoundations....

Mark Buchanan and Noah Smith discuss what is wrong with Macroeconomics. I think it is best to just click and read, but I particularly lik...

I am an atheist, but I try to be open minded. Also, I am drunk out of my mind. So I am going to discuss what I think God Migh Conceivably B...

One of the many admireable things which Brad DeLong does is to mark his beliefs to market. I decided to do a bit of that. I realize that on...

One of the many admireable things which Brad DeLong does is to mark his beliefs to market. I decided to do a bit of that. I realize that on...

John Podhoretz who wrote "What if the tactical mistake we made in Iraq was that we didn't kill enough Sunnis in the early going ...

Today the Washington Post opinion section demonstrated that The Wall Street Journal has employed a complete total idiot. "Asra Q. Nom...

I assume the reader is familiar with the furor related to the letter sent by FBI director James Comey to Rep. Joshua Chaffetz (Rep. Utah (in...

The FBI now has a warrant to read e-mails sent and received by Huma Abedin which are stored on a laptop which she shared with Anthony Weiner...

I very much enjoyed the recent columns on the current status of conservatism by David Brooks and Ross Douthat . I don't have anything u...

I wrote a post on Benchmarks which got some attention. I defined a benchmark model as a model which we do not think is a useful approxima...

Hillary Clinton tweeted Hillary Clinton ✔ @HillaryClinton Every survivor of sexual assault deserves to be heard, believed, and supported...

Donald Trump went there (as we all knew he would eventually). After being caught on tape boasting about his sexual assaults, Trump claimed ...

Robert Frank is brilliant and extraordinarily able to both explain and critique the assumtion that the world is in Nash equilibrium. He e...

I have been wondering about the frequent use and alarming rhetorical power of the word "benchmark". It often appears in the phras...

I am so naive that I can still be shocked by Rudolph Giuliani who said "after being married to Bill Clinton for 20 years, if you did...

The AP got a facts wrong when fact checking Trump TRUMP: "Had we taken the oil (in Iraq) -- and we should have taken the oil -- ISI...

I am not a sexist and I followed the brilliant advice the woman whose husband I am gave me in 2000. To understand how a presidential debate ...

I am very pleased that the New York Times, The Washington Post, The Los Angeles Times and Politico have decided to report the fact that Dona...

This is the second installment on general thoughts about Macroeconomics without a rational representative agent. The first installment is he...