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Via Philosophy Bro on twitter I spotted this reddit entry on professionals, and then more broadly on philosophy. It is a neat read. I especially enjoyed the bit right at the end: For most philosophy students, I can tell how well they’re doing in gaining the right skills by how worried much they understand compatibilism […]
Over at Not PC I noticed that Peter is putting some of the “blame for the housing bubble” at the feet of the RBNZ. His view shares similarities to the discussion I’ve been having – and will continue to have – with Lowell Manning (here, here, here). Essentially, the view is that the Bank is […]
Via Mark Thoma’s twitter feed came this gem on “neo-classical economics”. It strongly supports my view on what economics is so let’s have a peak at the conclusion: I sometimes argue that the main version of economics, at its best, is that it is a disciplined way of thinking and arguing that makes clear where […]
Lately I’ve been saying “don’t blame the RBNZ’ for things a lot (here, here). However, Gareth Morgan’s concern about Bank policy and the housing market IS actually a legitimate area to raise concerns about Bank policy. His view boils down to this statement: The problem with demand for property in New Zealand is one that […]
When it comes to looking at policy, I started life fairly heavily left wing. When I started university at the age of 18, my first textbook was by Greg Mankiw. He was a Republican, while most of my economics reading at the time had been Marxist or a frustrated attempt at reading the General Theory […]
This quote is golden, and since I’ve removed it from my paper at NZAE I have to put it somewhere … lest I lose it from my memory! Observed facts are necessarily finite in number; possible hypotheses, infinite. If there is one hypothesis that is consistent with the available evidence, there are always an infinite […]