Lars P. Syll

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Game theory — a scientific cul-de-sac  [embedded content] Back in 1991, when yours truly earned his first PhD​ with a dissertation on decision-making and rationality in social choice theory and game theory, I concluded that “repeatedly it seems as though mathematical tractability and elegance — rather than realism and relevance — have been the most applied guidelines for the behavioural assumptions being made. On a political and social level, ​it is...

 [embedded content] Monica Bellucci dans le film Malèna.

We can either let theory guide us in our attempt to estimate causal relationships from data … or we don’t let theory guide us. If we let theory guide us, our causal inferences will be ‘incredible’ because our theoretical knowledge is itself not certain … If we do not let theory guide us, we have no good reason to believe that our causal conclusions are true either of the experimental population or of other populations because we have no understanding of the mechanisms that are...

Robert Lucas coming out as a closet Keynesian In his Keynote Address to the 2003 History of Political Economy Conference, Nobel laureate Robert Lucas said: Well, I’m not here to tell people in this group about the history of monetary thought. I guess I’m here as a kind of witness from a vanished culture, the heyday of Keynesian economics. It’s like historians rushing to interview the last former slaves before they died, or the last of the people who...

Si j’essaie ici de le décrire, c’est afin de ne pas l’oublier Mais, bien sûr, nous qui comprenons la vie, nous nous moquons bien des numéros ! J’aurais aimé commencer cette histoire à la façon des contes de fées. J’aurais aimé dire: “Il était une fois un petit prince qui habitait une planète à peine plus grande que lui, et qui avait besoin d’un ami…” Pour ceux qui comprennent la vie, ça aurait eu l’air beaucoup plus vrai. Car je n’aime pas qu’on lise mon...

L’incroyable voyage de Shackleton In science, courage is to follow the motto of enlightenment and Kant’s dictum — Sapere Aude!  To use your own understanding, having the ​courage to think for yourself and question ‘received opinion,’ authority or orthodoxy. In our daily lives, courage is a capability to confront fear, as when in front of the powerful and mighty, not to step back, but stand up for one’s rights not to be humiliated or abused. Courage is to do...

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Paolo Conte – Via Con Me  [embedded content]