Lars P. Syll

 [embedded content] This live performance remains unequalled to this day. Jussi Björling — the greatest of them all.

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RBC models — willfully silly obscurantism As a result of the three waves of new classical economics, the field of macroeconomics became increasingly rigorous and increasingly tied to the tools of microeconomics. The real business cycle models were specific, dynamic examples of Arrow–Debreu general equilibrium theory. Indeed, this was one of their main selling points. Over time, proponents of this work have backed away from the assumption that the business...

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The sickening market-driven society The market was meant to emancipate us, offering autonomy and freedom. Instead it has delivered atomisation and loneliness. The workplace has been overwhelmed by a mad, Kafkaesque infrastructure of assessments, monitoring, measuring, surveillance and audits, centrally directed and rigidly planned, whose purpose is to reward the winners and punish the losers. It destroys autonomy, enterprise, innovation and loyalty, and...

Nobelpriset i ekonomi är nykolonialt! I år har priset tilldelats tre forskare verksamma vid universitet i USA, Esther Duflo, Abhijit Banerjee och Michael Kremer som har fått priset för sin forskningsmetod som kallas ”randomiserade kontrollförsök” … Men i det internationella vetenskapssamhället har det lagts fram en hel del kritik mot denna metod och årets pristagare. Exempelvis har man pekat på de etiska aspekterna när man experimenterar med människor,...

 [embedded content] Still, after more than 40 years, the greatest Christmas duet ever recorded.

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Microfoundations and economic policy choices Since there will generally be many micro foundations consistent with some given aggregate pattern, empirical support for an aggregate hypothesis does not constitute empirical support for any particular micro foundation … Lucas himself points out that short-term macroeconomic forecasting models work perfectly well without choice-theoretic foundations: “But if one wants to know how behaviour is likely to change...

Friskoleeländet — socialdemokratins största svek någonsin Att vi har skolor som Vetenskapsskolan och att skolor som Thorén Innovation School kan fortsätta sin verksamhet trots massiv kritik från Skolinspektionen är inte att förundras över. Det är ett resultat av att det ses som en rättighet snarare än ett privilegium att driva skolor och att beröva någon en rättighet är ingen enkel juridisk process. Eftersom detta synsätt förefaller djupt förankrat så lär...