Brownian motion (student stuff) .[embedded content] In case you know some Python you could try this little code snippet and this is the plot you get:
Read More »On the art of reading and writing
On the art of reading and writing How should one approach reading? It’s probably a common pondering that everyone has had at some point about our attitude towards literature and reading. I find reason to contemplate this when my beloved — who tirelessly devours new books at a rapid pace — once again tries to persuade me to put back August Strindberg’s Röda rummet, Hjalmar Söderberg’s Martin Bircks ungdom or Selma Lagerlöf’s Gösta Berlings saga in the...
Read More »Keynes — en ständigt aktuell inspiration
Keynes — en ständigt aktuell inspiration I veckans avsnitt av Starta Pressarna diskuterar yours truly tillsammans med Max Jerneck och Daniel Suhonen varför John Maynard Keynes räknas som 1900-talets kanske främste nationalekonom och hur vi kan vi använda hans idéer för att finna lösningar på dagens samhällsekonomiska problem.
Read More »Minnen som glömskan inte rår på
Minnen som glömskan inte rår på .[embedded content] Marcel Proust hade sin Madeleinekaka. Jag har min musik. Den här låten är för mig alltid förknippad med sommarminnen på 70-talet från Hästveda och Luhrsjön, där jag och kompisen Johan/Jenny brukade spela flipper vid strandcaféet och den här låten gick varm på jukeboxen. Minnen som fortfarande värmer. Minnen som glömskan inte rår på.
Read More »The total incompetence of people in charge of the US economy
The total incompetence of people in charge of the US economy .[embedded content] Absolutely gobsmacking! Jared Bernstein — the chair of the United States Council of Economic Advisers — obviously needs some good advice about the way monetary systems work. Here’s a book he could start his educational tour with:
Read More »Round About Midnight
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Read More »Ergodicity — a questionable assumption (wonkish)
Ergodicity — a questionable assumption (wonkish) .[embedded content] Paul Samuelson once famously claimed that the ‘ergodic hypothesis’ is essential for advancing economics from the realm of history to the realm of science. But is it really tenable to assume — as Samuelson and most other mainstream economists — that ergodicity is essential to economics? Sometimes ergodicity is mistaken for stationarity. But although all ergodic processes are stationary,...
Read More »Monte Carlo simulation explained (student stuff)
Monte Carlo simulation explained (student stuff) .[embedded content]
Read More »Vägval i finanspolitiken
I veckans avsnitt av Starta Pressarna fortsätter debatten om det finanspolitiska ramverket och behovet av stora framtida investeringar i infrastruktur, bostäder, försvar och energiomställning. Medverkande i det här avsnittet är — förutom Daniel Suhonen — bland annat Lars Calmfors, Elinor Odeberg och Max Jerneck. Som alltid på den här podden — intressant, slagkraftigt och tankeväckande!
Read More »Economics — a dismal and harmful science
Economics — a dismal and harmful science .[embedded content] It’s hard not to agree with DeMartino’s critique of mainstream economics — an unethical, irresponsible, and harmful kind of science where models and procedures become ends in themselves, without consideration of their lack of explanatory value as regards real-world phenomena. Many mainstream economists working in the field of economic theory think that their task is to give us analytical truths....
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