Lars P. Syll

[embedded content] A choir of angels touching the depths of my soul. Heavenly music.

The Keynes/Hicks macro theory — the nonexistence of a New Keynesian unicorn Paul Krugman has on numerous occasions tried to defend “the whole enterprise of Keynes/Hicks macroeconomic theory” and especially his own somewhat idiosyncratic version of IS-LM. The main problem, however, is that there is no such thing as a Keynes/Hicks macroeconomic theory! So, let us get some things straight. There is nothing in the post-General Theory writings of Keynes that...

 [embedded content] The economic implications of gender discrimination are most serious. To deny women is to deprive a country of labor​ and talent, but — even worse — to undermine the drive to achievement of boys and men. One cannot rear young people in such wise that half of them think themselves superior by biology, without dulling ambition and devaluing accomplishment … To be sure, any society will have its achievers no matter what, if only because it has its own division...

Sydsvenska Dagbladet — grodors plums och ankors plask I Sydsvenskans huvudledare kunde vi idag läsa följande: Gång på gång framhåller [73-punkts]överenskommelsen också att fokus ska ligga på kvalitet — inte driftsform — i den politiska styrningen av olika välfärdstjänster. Detta är givet ur liberalt perspektiv. Trots de brister som finns inom vissa verksamheter har avregleringarna på det hela taget gett medborgarna bättre service, utbud och valfrihet som få...

Where do you go to my lovely  [embedded content]

Om slöjförbud och rasistkort  [embedded content]

Ça plane pour moi  [embedded content]

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