Transmission of coronavirus among children These findings demonstrate that SARS-CoV-2 spread efficiently in a youth-centric overnight setting, resulting in high attack rates among persons in all age groups, despite efforts by camp officials to implement most recommended strategies to prevent transmission. Asymptomatic infection was common and potentially contributed to undetected transmission, as has been previously reported. This investigation adds to the...
Read More »The economics-politics divide
Duncan Weldon made a good point recently when he tweeted that the “disconnect between British political discourse and opinion of mainstream economic opinion feels extreme” … Which poses the question. Why is there the disconnect Duncan notes? Here are some (non-exclusive possibilities): – The transmission mechanism from academic economics to policy is broken. This is partly a supply-side problem. Academics are more concerned with bureaucracy and writing unreadable, unread and...
Read More »Original sin in economics
Original sin in economics Mathematics, especially through the work of David Hilbert, became increasingly viewed as a discipline properly concerned with providing a pool of frameworks for possible realities. No longer was mathematics seen as the language of (non-social) nature, abstracted from the study of the latter. Rather, it was conceived as a practice concerned with formulating systems comprising sets of axioms and their deductive consequences, with...
Read More »Nils Frahm — Some
Nils Frahm — Some [embedded content] Som så ofta de senaste åren är det den eminente Eric Schüldt som får mig att hitta nya ljudintryck. I dessa tider, när ljudrummet dränks i den kommersiella radions tyckmyckentrutade ordbajseri och pubertalflamsande tjafs, har man nästan gett upp om att få lyssna på riktig musik i radion. Men det finns ljus i mörkret. I programmet Text och musik med Eric Schüldt — som sänds på söndagsförmiddagarna i P2 mellan klockan 11...
Read More »The limited value of economic theory
The limited value of economic theory Submission to observed or experimental data is the golden rule which dominates any scientific discipline. Any theory whatever, if it is not verified by empirical evidence, has no scientific value and should be rejected. Maurice Allais Formalistic deductive ‘Glasperlenspiel’ can be very impressive and seductive. But in the realm of science, it ought to be considered of little or no value to simply make claims about a...
Read More »The dangers of calling your pet cat a dog
The dangers of calling your pet cat a dog The assumption of additivity and linearity means that the outcome variable is, in reality, linearly related to any predictors … and that if you have several predictors then their combined effect is best described by adding their effects together … This assumption is the most important because if it is not true then even if all other assumptions are met, your model is invalid because you have described it...
Read More »Man’s best friend (personal)
Man’s best friend (personal) The youngest member of the Meyer-Syll family — Hedda. And yes — Ibsen is one of yours truly’s favorite dramatists …
Read More »Why economics is an impossible science
Why economics is an impossible science In a word, Economics is an Impossible Science because by its own definition the determining conditions of the economy are not economic: they are “exogenous.” Supposedly a science of things, it is by definition without substance, being rather a mode of behavior: the application of scarce means to alternative ends so as to achieve the greatest possible satisfaction—neither means, ends, nor satisfaction substantially...
Read More »Dann sind wir Helden
Dann sind wir Helden [embedded content] Ich glaub’ das zu träumen / die Mauer / Im Rücken war kalt / Die Schüsse reissen die Luft / Doch wir küssen / Als ob nichts geschieht / Und die Scham fiel auf ihre Seite / Oh, wir können sie schlagen / Für alle Zeiten / Dann sind wir Helden / Nur diesen Tag
Read More »The Good, the Bad and the Ugly
The Good, the Bad and the Ugly [embedded content] Ennio Morricone (1928-2020) in memoriam.
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