QOTD: What is economics?
From Twitter, but originally the Samuelson and Nordhaus text – based on a phrase from Alfred Marshall – is beautiful: <3
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Author Archive for: The Hand
Entries by The Hand
Tweet of the day: Growth, productivity, resources
Economic growth is a much bemoaned topic, but what this tweet nicely illustrates is that the type of growth economists often talk about differs from the type of growth that concerns a number of people. Here we’ll briefly consider how we can understand this tweet.
Has Greg Mankiw been smoking dak?
Another short post from an anonymous The Hand poster this week – make sure to comment with your views. I hope that I didn’t give the impression in my last post that Mankiw actually likes philosophy. If anything, he sounds rather negative. Economists drawing on philosophy when making policy advice is apparently a “dirty little secret”. The point […]
Has Greg Mankiw been reading philosophy?
A couple of short posts from an anonymous The Hand poster this week – make sure to comment with your views. Greg Mankiw has an article in the New York Times. It is notable for making explicit reference to literature in normative philosophy. Does this mean that he has been doing some homework? Some of his […]
Lowell Manning responds on M3 and housing
Hola all. Lowell Manning was nice enough to write up a response, to Matt’s response, to his piece on M3 and the housing market on Rates Blog. I am publishing it here. Matt hasn’t read it yet – that would be cheating. He’ll read it when it is on the internet. I have no doubt […]
Is Getting an Advanced Degree a Good Idea in this Economy?
This is a guest post by Kate Manning, an independent writer. Her bio is at the end of the piece. As a note, this post is focused exclusively on the situation in the United States – the trends in other countries (such as New Zealand) have been significantly different.