Showing posts with label Robert Solow. Show all posts
Showing posts with label Robert Solow. Show all posts
04 May 2016
13 May 2014
10 February 2014
The One Percent
Robert Solow's response to Greg Mankiw's essay in defense of top earners, and Dr Mankiw's response to that response
03 January 2014
18 November 2013
22 May 2013
03 May 2013
Samuelson Memorial
April 20, 2010
Paul Krugman:
A bit late, my remarks for the service held the weekend before last.
To be honest, it has been a long time since I made a close personal study of Paul Samuelson. Actually, the one and only time that happened was when I had to play him in the grad student skit party. You see, he had this slightly high-stepping way of walking …
Paul Krugman:
A bit late, my remarks for the service held the weekend before last.
To be honest, it has been a long time since I made a close personal study of Paul Samuelson. Actually, the one and only time that happened was when I had to play him in the grad student skit party. You see, he had this slightly high-stepping way of walking …
Hedging America
This is ostensibly a review of How Markets Fail: The Logic of Economic Calamities, by John Cassidy. It's really more of a conceptual essay on the differences between macro and micro, the implications of ideological free-marketeerism, the role of assumptions is modeling, and the purpose of high finance in the 21st century. It is essential reading for anyone who cares about these things. -ed.
One tried-and-true way to start off a course in elementary economics is to call the students’ attention to a common object, such as the spiral notebooks in which they are presumably busy taking notes. Somewhere paper is manufactured with the appropriate strength and slickness, somewhere else it is cut into blocks of the right size, the corners rounded, printed with lines about the right distance apart, provided with cardboard covers in the college colors, punched with the right number of holes, bound with those wire spirals that have been manufactured in yet another place, and delivered in reasonable numbers to the college bookstore at the beginning of each term. And all this happens smoothly, without any centralized direction, through the normal operation of a market economy. How does it really work? And how can it go wrong?
01 May 2013
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