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Jason Smith — Recessions and special snowflakes

Summary:
My issues with Dirk Bezemer's academic credibility seem to have nudged the Post Keynesian hornets' nest such that they seemed to assume I was attacking Post Keynesianism in general, which I gladly took on because one thing that I really do dislike is cult-like adherence to ideology regardless of what that ideology is. But first let me clarify a few things.… For those following this. Boiling it down in this post, he is saying to Post Keynesians, convince me and remember that I am a working scientist that is interested in showing regularities in data.  Could be that there is no regularity, but that has to be shown, too. Fair points.Jason is actually a good foil in the debate. He is not an economist but has taken the time and trouble to acquaint himself with economics, both conventional and

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My issues with Dirk Bezemer's academic credibility seem to have nudged the Post Keynesian hornets' nest such that they seemed to assume I was attacking Post Keynesianism in general, which I gladly took on because one thing that I really do dislike is cult-like adherence to ideology regardless of what that ideology is. But first let me clarify a few things.…
For those following this. Boiling it down in this post, he is saying to Post Keynesians, convince me and remember that I am a working scientist that is interested in showing regularities in data.  Could be that there is no regularity, but that has to be shown, too. Fair points.

Jason is actually a good foil in the debate. He is not an economist but has taken the time and trouble to acquaint himself with economics, both conventional and heterodox, and he has no horse in the race, other than working on an information transfer theory that he admits is a work in progress.

So he is quipped with all the tools to recognize good and bad arguments. Consequently, he represents a good model for what needs to be done to argue an economic position convincingly to a qualified member of the interested public, instead of waving hands.

Look at it as an opportunity and challenge.

Information Transfer Economics
Recessions and special snowflakes
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.

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