I highly recommend this podcast discussion between Russ Roberts and John Quiggin (of Crooked Timber) about Quiggin's recent book Zombie Economics. Both parties did a good job of putting aside priors and having an enlightening conversation. Quiggin argues that many economic theories such as the Great Moderation, the efficient markets hypothesis and others have been discredited by recent events and should be relegated to the graveyard.
I think at one point both participants agreed that (or at least entertained the idea that) economics doesn't make progress like a real science. Probably too strong a critique, but at least very honest.
Subscribe to:
Post Comments (Atom)
Blog Archive
-
▼
2010
(234)
-
▼
11
(24)
- The killing of more physicists in Tehran
- The Makers: "It's a matter of time."
- Cosmic Dyson
- Thanksgiving in the tropics
- Communist takeover in China?
- The China question: worst case scenario?
- Shanghai: PPP on the ground
- Greetings from Shanghai
- Darkness on the Edge of Town
- On the mat
- Standard deviations around the world
- Genomics in Taipei, dark energy in Shanghai
- "Too Asian?" in Canada
- School daze 2
- It's wrong, but I like the way you think
- School daze
- Medical science?
- Two honest economists
- Dark Energy talk
- Taiwan photos 6
- Cosmology versus Econophysics
- Marshmallow test (video)
- Neuroscience, magic and misdirection
- Go Ducks
-
▼
11
(24)

Labels
- physics (356)
- genetics (292)
- globalization (264)
- finance (263)
- brainpower (255)
- genomics (230)
- technology (220)
- american society (205)
- China (187)
- innovation (178)
- economics (172)
- psychometrics (168)
- ai (165)
- science (164)
- photos (162)
- psychology (151)
- travel (142)
- machine learning (132)
- universities (125)
- biology (124)
- higher education (120)
- genetic engineering (118)
- credit crisis (115)
- human capital (114)
- startups (105)
- iq (104)
- cognitive science (97)
- autobiographical (82)
- careers (81)
- credit crunch (78)
- podcasts (76)
- statistics (76)
- elitism (75)
- evolution (73)
- gilded age (73)
- political correctness (71)
- income inequality (70)
- politics (69)
- quantum mechanics (69)
- social science (68)
- talks (68)
- geopolitics (67)
- genius (64)
- books (61)
- caltech (61)
- bounded rationality (60)
- history of science (59)
- mma (56)
- sci fi (55)
- harvard (53)
- silicon valley (53)
- academia (51)
- kids (50)
- education (49)
- mathematics (49)
- realpolitik (49)
- MSU (48)
- bgi (48)
- cdo (45)
- derivatives (42)
- behavioral economics (41)
- neuroscience (41)
- biotech (40)
- history (40)
- intellectual history (40)
- jiujitsu (40)
- literature (39)
- physical training (38)
- ufc (37)
- bjj (36)
- bubbles (36)
- film (36)
- mortgages (36)
- computing (35)
- video (34)
- expert prediction (33)
- google (32)
- hedge funds (32)
- many worlds (32)
- affirmative action (31)
- economic history (31)
- black holes (30)
- foo camp (30)
- race relations (30)
- efficient markets (29)
- movies (29)
- quants (29)
- nuclear weapons (28)
- security (28)
- von Neumann (28)
- feynman (27)
- sports (27)
- music (26)
- entrepreneurs (25)
- housing (25)
- obama (25)
- singularity (25)
- subprime (25)
- berkeley (24)
- taiwan (24)
- conferences (23)
- meritocracy (22)
- ultimate fighting (22)
- athletics (21)
- venture capital (21)
- wall street (21)
- cds (20)
- internet (20)
- quantum field theory (20)
- scifoo (20)
- blogging (19)
- gender (18)
- goldman sachs (18)
- new yorker (17)
- smpy (17)
- treasury bailout (17)
- university of oregon (17)
- algorithms (16)
- cryptography (16)
- freeman dyson (16)
- japan (16)
- autism (15)
- cosmology (15)
- oppenheimer (15)
- personality (15)
- dna (14)
- fitness (14)
- happiness (14)
- height (14)
- social networks (14)
- wwii (14)
- chess (13)
- christmas (13)
- hedonic treadmill (13)
- les grandes ecoles (13)
- privacy (13)
- probability (13)
- aspergers (12)
- blade runner (12)
- india (12)
- malcolm gladwell (12)
- neanderthals (12)
- net worth (12)
- nobel prize (12)
- philosophy of mind (12)
- television (12)
- entropy (11)
- geeks (11)
- government (11)
- harvard society of fellows (11)
- nsa (11)
- research (11)
- string theory (11)
- Einstein (10)
- ability (10)
- football (10)
- italy (10)
- mutants (10)
- nerds (10)
- olympics (10)
- pseudoscience (10)
- war (10)
- Go (9)
- art (9)
- complexity (9)
- crossfit (9)
- dating (9)
- encryption (9)
- eugene (9)
- flynn effect (9)
- james salter (9)
- pop culture (9)
- turing test (9)
- alan turing (8)
- data mining (8)
- determinism (8)
- energy (8)
- france (8)
- keynes (8)
- manhattan (8)
- pca (8)
- philip k. dick (8)
- quantum computers (8)
- real estate (8)
- robot genius (8)
- russia (8)
- usain bolt (8)
- aig (7)
- alpha (7)
- ashkenazim (7)
- basketball (7)
- climate change (7)
- free will (7)
- fx (7)
- game theory (7)
- games (7)
- hugh everett (7)
- paris (7)
- poker (7)
- qcd (7)
- success (7)
- Fermi problems (6)
- anthropic principle (6)
- bayes (6)
- class (6)
- democracy (6)
- drones (6)
- environmentalism (6)
- godel (6)
- nassim taleb (6)
- new york times (6)
- noam chomsky (6)
- patents (6)
- prostitution (6)
- tail risk (6)
- teaching (6)
- volatility (6)
- academia sinica (5)
- bobby fischer (5)
- cold war (5)
- econtalk (5)
- global warming (5)
- information theory (5)
- iraq war (5)
- kasparov (5)
- luck (5)
- nonlinearity (5)
- perimeter institute (5)
- rationality (5)
- renaissance technologies (5)
- sad but true (5)
- software development (5)
- vietnam war (5)
- warren buffet (5)
- 100m (4)
- Iran (4)
- Poincare (4)
- bill gates (4)
- borges (4)
- cambridge uk (4)
- censorship (4)
- charles darwin (4)
- creativity (4)
- fake alpha (4)
- feminism (4)
- hormones (4)
- humor (4)
- inequality (4)
- intellectual property (4)
- judo (4)
- kerviel (4)
- markets (4)
- microsoft (4)
- mixed martial arts (4)
- monsters (4)
- moore's law (4)
- simulation (4)
- solar energy (4)
- soros (4)
- trento (4)
- 200m (3)
- babies (3)
- brain drain (3)
- charlie munger (3)
- chet baker (3)
- correlation (3)
- demographics (3)
- ecosystems (3)
- equity risk premium (3)
- facebook (3)
- fannie (3)
- fst (3)
- intellectual ventures (3)
- jim simons (3)
- language (3)
- lee kwan yew (3)
- lewontin fallacy (3)
- lhc (3)
- magic (3)
- michael lewis (3)
- nathan myhrvold (3)
- neal stephenson (3)
- olympiads (3)
- path integrals (3)
- risk preference (3)
- search (3)
- sec (3)
- sivs (3)
- society generale (3)
- supercomputers (3)
- thailand (3)
- alibaba (2)
- assortative mating (2)
- bear stearns (2)
- bruce springsteen (2)
- charles babbage (2)
- cheng ting hsu (2)
- cloning (2)
- computers (2)
- david mamet (2)
- digital books (2)
- donald mackenzie (2)
- drugs (2)
- eliot spitzer (2)
- empire (2)
- exchange rates (2)
- frauds (2)
- freddie (2)
- gaussian copula (2)
- heinlein (2)
- industrial revolution (2)
- james watson (2)
- ltcm (2)
- mating (2)
- mba (2)
- mccain (2)
- mit (2)
- monkeys (2)
- national character (2)
- nicholas metropolis (2)
- no holds barred (2)
- offices (2)
- oligarchs (2)
- palin (2)
- population structure (2)
- prisoner's dilemma (2)
- skidelsky (2)
- socgen (2)
- sprints (2)
- systemic risk (2)
- twitter (2)
- ussr (2)
- variance (2)
- virtual reality (2)
- abx (1)
- anathem (1)
- andrew lo (1)
- antikythera mechanism (1)
- athens (1)
- atlas shrugged (1)
- ayn rand (1)
- bay area (1)
- beats (1)
- book search (1)
- bunnie huang (1)
- car dealers (1)
- carlos slim (1)
- catastrophe bonds (1)
- cdos (1)
- ces 2008 (1)
- chance (1)
- children (1)
- cochran-harpending (1)
- cpi (1)
- david x. li (1)
- dick cavett (1)
- dolomites (1)
- dune (1)
- eharmony (1)
- epidemics (1)
- escorts (1)
- faces (1)
- fads (1)
- favorite posts (1)
- fiber optic cable (1)
- francis crick (1)
- gary brecher (1)
- gizmos (1)
- greece (1)
- greenspan (1)
- hypocrisy (1)
- igon value (1)
- iit (1)
- inflation (1)
- information asymmetry (1)
- iphone (1)
- jack kerouac (1)
- jaynes (1)
- jfk (1)
- john dolan (1)
- john kerry (1)
- john paulson (1)
- john searle (1)
- john tierney (1)
- jonathan littell (1)
- las vegas (1)
- lawyers (1)
- lehman auction (1)
- les bienveillantes (1)
- lowell wood (1)
- lse (1)
- machine (1)
- mcgeorge bundy (1)
- mexico (1)
- michael jackson (1)
- mickey rourke (1)
- migration (1)
- money:tech (1)
- myron scholes (1)
- netwon institute (1)
- networks (1)
- newton institute (1)
- nfl (1)
- oliver stone (1)
- phil gramm (1)
- philanthropy (1)
- philip greenspun (1)
- portfolio theory (1)
- power laws (1)
- pyschology (1)
- randomness (1)
- recession (1)
- sales (1)
- singapore (1)
- skype (1)
- standard deviation (1)
- star wars (1)
- starship troopers (1)
- students today (1)
- teleportation (1)
- tierney lab blog (1)
- tomonaga (1)
- tyler cowen (1)
- venice (1)
- violence (1)
- virtual meetings (1)
- war nerd (1)
- wealth effect (1)

No comments:
Post a Comment