crookedtimber.org
Outliers — Crooked Timber
http://crookedtimber.org/2007/07/14/outliers
July 14, 2007. By now you’ve probably all seen this ridiculous graphic from todays’ WSJ. Which purports to show that the Laffer curve is somehow related to the data points on the figure. Brad DeLong. Have all rightly had a good old laugh at it, because it’s spectacularly dishonest and stupid. I just want to make a point about so-called outlying cases, like Norway. And don’t look at any plots while you do it. On the topic, Max estimates a regression with the data, and he throws out “those annoying c...
crookedtimber.org
Modelling lame duck prime ministers — Crooked Timber
http://crookedtimber.org/2006/04/07/modelling-lame-duck-prime-ministers
Modelling lame duck prime ministers. April 7, 2006. David Clark in the Guardian. We start by assuming that there is a single “representative” MP, that all he wants is a “prize” (say a ministerial job or some other sort of preferment) and the only way he can get a prize is by grovelling. He has to decide whether to grovel to Tony or to Gordon. We model this thing starting from day 1 of the current Parliament. 6When Gordon gets in, the shit-list is only relevant to people who got prizes under Tony. Peo...
crookedtimber.org
“With Notably Rare Exceptions” — Crooked Timber
http://crookedtimber.org/2011/03/30/with-notably-rare-exceptions
8220;With Notably Rare Exceptions”. March 30, 2011. Alan Greenspan is back as free market evangelist. And it’s rather wonderful. Today’s competitive markets, whether we seek to recognise it or not, are driven by an international version of Adam Smith’s “invisible hand” that is unredeemably opaque. With notably rare exceptions (2008, for example), the global “invisible hand” has created relatively stable exchange rates, interest rates, prices, and wage rates. 033011 at 1:39 pm. 033011 at 1:44 pm. With not...
crookedtimber.org
Clear Blue Water? — Crooked Timber
http://crookedtimber.org/2005/10/09/clear-blue-water
October 9, 2005. If you wanted some evidence that significant strands in the modern British Conservative Party have simply no understanding of the country they aspire to govern, and consequently an explanation of why they’ve deserved to lose out so badly in their last three attempts to be allowed to do so, I suggest you could do worse than having a quick listen to this. My link is to this weekend’s edition of BBC. Dimbleby: British people don’t care about right or wrong? Ancram: I think that in a sense i...
profesora.blogspot.com
La Profesora Abstraida
http://profesora.blogspot.com/2005_06_01_archive.html
La Profesora Abstraída. Weblog of Michelle Dion, Assistant Professor in the Department of Political Science. My blog has moved to michelledion.com/blog. Visit my other website. Tuesday, June 28, 2005. Bush on Social Security remix. Go to Yahoo version. Posted by Michelle @ 5:53 PM. My favorite Mexican breakfast. Chilaquiles verdes con pollo. Fried corn tortillas, topped with chicken, green tomatillo sauce, and queso fresco. Posted by Michelle @ 10:25 AM. Posted by Michelle @ 10:23 AM. Essentially, in the...
crookedtimber.org
Hazlitt, Keynes and the glazier’s fallacy — Crooked Timber
http://crookedtimber.org/2014/07/24/hazlitt-keynes-and-the-glaziers-fallacy
Hazlitt, Keynes and the glazier’s fallacy. July 24, 2014. I’ve been working for quite a while now on a book which will respond to Henry Hazlitt’s. Economics in One Lesson. A book that was issued just after 1945 and has remained in print ever since. It’s an adaptation of the work of the 19th century French free-market advocate Frederic Bastiat for a US audience, specifically aimed at refuting the then-novel ideas of Keynes. My planned title is. Economics in Two Lessons. Second, they can target their effor...
crookedtimber.org
Rationality repost — Crooked Timber
http://crookedtimber.org/2005/10/14/rationality-repost
October 14, 2005. Discussion of game theory inevitably brings up the question of whether game theory relies on an assumption of rational behavior. And, if so, whether this is a weakness or a strength. Rather than respond, I thought I’d dig up this old post from my long-abandoned (but still planned-to-be-revived-one-day) Word for Wednesday series. I’ve added a couple of links and made some minor changes. You must be in favor of economic irrationalism’. The basic problems surround the kind of use that is s...
crookedtimber.org
Stealing your best lines — Crooked Timber
http://crookedtimber.org/2006/01/23/stealing-your-best-lines
Stealing your best lines. January 23, 2006. A long excerpt from Osama bin Ladin’s complete letter to America. UPDATE: Please note, as per comments, that this is a letter from 2002.) Between the call to Islam, the condemnation of homosexuality, gambling, financial interest, alcohol, the separation of church and state, and the liberation of women, does anyone else feel like they’ve heard this before? It’s practically Howard Dean’s stump speech, isn’t it? Um, yeah. He really, really is. A) We call you to be...
crookedtimber.org
Why doesn’t Science publish important methods info prominently? — Crooked Timber
http://crookedtimber.org/2015/05/07/why-doesnt-science-publish-important-methods-info-prominently
Why doesn’t Science. Publish important methods info prominently? May 7, 2015. Or “I thought Science. Was a serious peer-reviewed publication…”. Published today in Science. By Facebook researchers using Facebook data claims to examine whether adult U.S. Facebook users engage with ideologically cross-cutting material on the site. My friend Christian Sandvig does an excellent job. Not in the piece published in Science. Proper, but in the supplementary materials. We find the following:. And why does Science.
SOCIAL ENGAGEMENT