Lars P. Syll

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Econometrics — a critical realist critique Mainstream economists often hold the view that criticisms of econometrics are the conclusions of sadly misinformed and misguided people who dislike and do not understand much of it. This is really a gross misapprehension. To be careful and cautious is not the same as to dislike. And as any perusal of the mathematical-statistical and philosophical works of people like for example Nancy Cartwright, Chris Chatfield,...

Why yours truly is not so popular among mainstream economists …

A new must-read for every MMTer

Att hålla traditionen vid liv (personal) Stolt fader noterar att äldste sonen följer i mamma Kristinas och morfar Eriks fotspår inom juridiken och arbetar sedan ett par veckor på advokatbyrån Moll Wendén. Lycka till David!

Was Hyman Minsky a communist? Was Minsky a communist? Definitely not. Was Minsky a socialist? Definitely yes. His daughter Diana remembers that, “in eighth grade, the Social Studies teacher, Mr. Snodgrass, was engaging the students in conversation about political parties and dialogue in the United States, so we were all asked to bring home a list of questions. One was our family’s political allegiance, not answering was an option—plus Democratic or...

De börsnoterade friskolorna fortsatte att växa snabbt under förra året. Sammanlagt gjorde de noterade friskoleföretagen en vinst på 639 miljoner kronor under 2019. 2019 var ett starkt år för de börsnoterade friskolorna, åtminstone när det gäller tillväxt. Efter att både Internationella Engelska Skolan och Academedia nu lämnat sina kvartalsrapporter visar det sig att företagen under 2019 ökade sin omsättning med 10 respektive 6 procent. Omkring 110 000 svenska elever går nu i...

Why every econ paper should come with a warning label! It should be part of the academic competences of trained economists to be able to be clear about what their models are for; what the models are about; what the models are capable of doing, and what not; how reliable the models are; what sorts of criticisms have been levelled against the models and how the criticisms have been responded; what alternative models there are; etc. The challenge is not easy,...

The history of econometrics There have been over four decades of econometric research on business cycles … But the significance of the formalization becomes more difficult to identify when it is assessed from the applied perspective … The wide conviction of the superiority of the methods of the science has converted the econometric community largely to a group of fundamentalist guards of mathematical rigour … So much so that the relevance of the research to...