Tag Archives: Varia

Mainstream economics is perfectly correct — and totally useless A balloonist, lost, sees someone walking down a country lane. The balloonist lowers the balloon and shouts down to the the walker: — Where am I? — About 20 feet above the ground, comes the reply. After a moment’s pondering, the balloonist says: — You must be an economist. — How did you know? — Your information is perfectly correct — and totally useless. Timothy Brennan...

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On scouts and soldiers  [embedded content] div{float:left;margin-right:10px;} div.wpmrec2x div.u > div:nth-child(3n){margin-right:0px;} ]]> Advertisements

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Do you want to get a Nobel prize? Eat chocolate and move to Chicago! Source As we’ve noticed, again and again, correlation is not the same as causation … If you want to get the prize in economics — and want to be on the sure side — yours truly would suggest you complement  your intake of chocolate with a move to Chicago. Out of the 78 laureates that have been awarded “The Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel,” 28 have been...

Yours truly is heading (again) for Hamburg this summer, so of course I just had to buy this … div{float:left;margin-right:10px;} div.wpmrec2x div.u > div:nth-child(3n){margin-right:0px;} ]]> Advertisements