Monday , November 25 2024
Home / Mike Norman Economics / Jason Smith — The ability to predict

Jason Smith — The ability to predict

Summary:
Another good one on foundations of science and economics, specifically macroeconomics — if you are into this sort of thing. These papers also fail to make any empirical predictions or really engage with data at all. I get the impression that people aren't actually interested in making predictions or an actual scientific approach to macro- or micro-economics, but rather in simply using science as a rhetorical device.... Information Transfer EconomicsThe ability to predictJason Smith

Topics:
Mike Norman considers the following as important: ,

This could be interesting, too:

Mike Norman writes Lars P. Syll — The ergodicity problem in economics (wonkish)

Mike Norman writes Book Review: Marxism and the Philosophy of Science — George Martin Fell Brown

Mike Norman writes Racism is a framework, not a theory — Andrew Gelman

Mike Norman writes Brian Romanchuk — Comments On Turning Points And Recessions


Another good one on foundations of science and economics, specifically macroeconomics — if you are into this sort of thing.
These papers also fail to make any empirical predictions or really engage with data at all. I get the impression that people aren't actually interested in making predictions or an actual scientific approach to macro- or micro-economics, but rather in simply using science as a rhetorical device....
Information Transfer Economics
The ability to predict
Jason Smith
Mike Norman
Mike Norman is an economist and veteran trader whose career has spanned over 30 years on Wall Street. He is a former member and trader on the CME, NYMEX, COMEX and NYFE and he managed money for one of the largest hedge funds and ran a prop trading desk for Credit Suisse.

Leave a Reply

Your email address will not be published. Required fields are marked *