I tried to avoid instant reactions to the election outcome in May. But now that lots of people are making claims I regard as dubious at best, I think I may respond. Before doing that, I thought it would be useful to make some general observations about mistaken/dubious claims that are commonly made in post election analysis, particularly following a close election. Just about everyone, including me, is prone to these kinds of reasoning. Feel free to discuss, give examples, and so...
Read More »John Quiggin on Zombie Economics 11/01/2010
John Quiggin of Crooked Timber and the author of Zombie Economics talks with EconTalk host Russ Roberts about ideas in economics that should stay dead and buried. 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. Roberts challenges some of Quiggin's claims and wonders whether proposed alternatives might do even worse than the policies Quiggin is...
Read More »John Quiggin on Zombie Economics 11/01/2010
John Quiggin of Crooked Timber and the author of Zombie Economics talks with EconTalk host Russ Roberts about ideas in economics that should stay dead and buried. 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. Roberts challenges some of Quiggin's claims and wonders whether proposed alternatives might do even worse than the policies Quiggin is...
Read More »Arrogance destroyed the World Trade Organisation …
… what replaces it will be even worse. That’s the (slightly premature) headline for my recent article in The Conversation. The headline will become operative in December, if as expected, the Trump Administration maintains its refusal to nominate new judges to the WTO appellate panel. That will render the WTO unable to take on new cases, and bring about an effective return to the General Agreement on Trade and Tariffs (GATT) which preceded the WTO. An interesting sidelight is...
Read More »Monday Message Board
Back again with another Monday Message Board. Intermittent service for the next week or two. Post comments on any topic. Civil discussion and no coarse language please. Side discussions and idees fixes to the sandpits, please. If you would like to receive my (hopefully) regular email news, please sign up using the following link http://eepurl.com/dAv6sX You can also follow me on Twitter @JohnQuiggin, at my Facebook public page and at my Economics in Two Lessons page Like...
Read More »Taking a break …
… back in a week or two. Share this:Like this:Like Loading...
Read More »Middle-aged Millennials stuck in the mud
Given that Millennials are now approaching middle age, could someone compile all the 1990s cliches about Boomers for recycling, rather than doing it piecemeal? Then we can use the Millennial stuff (lazy, entitled, not like in my day) on Generation Z. Personally, I’m waiting to hit Generation Trump. Share this:Like this:Like Loading...
Read More »Don’t do useful research
That’s the message being given to Australian social science and humanities researchers from the systems of journal rankings adopted in many disciplines. This point was made to the Senate recently by historians from opposite ends of the political spectrum, Greg Melleuish and Stuart McIntrye, who are more interested in researching and arguing about Australian history than in following Northern hemisphere fads Here’s a submission I wrote in relation to Economic Analysis and...
Read More »No true war is bad?
On Facebook, my frined Timothy Scriven pointed to an opinion piece by classics professor Ian Morris headlined In the long run, wars make us safer and richer It’s pushing a book with the clickbaity title War! What is it Good For? Conflict and the Progress of Civilization from Primates to Robots.”. Timothy correctly guessed that I wouldn’t like it. Based on the headline, I was expecting a claim along the lines “wars stimulate technological progress” which I refuted (to my own...
Read More »Monday Message Board
Another Monday Message Board. Post comments on any topic. Civil discussion and no coarse language please. Side discussions and idees fixes to the sandpits, please. If you would like to receive my (hopefully) regular email news, please sign up using the following link http://eepurl.com/dAv6sX You can also follow me on Twitter @JohnQuiggin, at my Facebook public page and at my Economics in Two Lessons page Like this:Like Loading...
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