I wasn’t going to mention Melissa Mia Hall’s death here—this is economics and politics, not sf—but now it is clear that, as usual, there is an overlap: If she had seen the doctor, most likely he would have suspected more than a pulled muscle and would have ordered a life-saving EKG. As Texas lawyer, writer […]
As the late Allison Snow-Jones noted, economics depends on working mathematics. Mathematics, in turn, depend on the conditions being described correctly. If I build a model in which two things are independent, they have to be independent for my model to work. Or, to quote a quoting: Many months ago, I quoted the brilliant Janet […]
Between deadlines and strange website blockages, I missed this yesterday. Via Steve Randy Waldman (whose “Interfludity” is blocked) and Mark Thoma (whose isn’t) comes Really Bad News: To all Maxine Udall Girl Economist Readers: It is with great sadness that we bring you the news that Dr. Alison Snow Jones, aka Maxine Udall, Girl Economist, […]
Rob Farley of Lawyers, Guns, and Money beat me to the short one, so there is only: though I admit being partial to or even
Begin with a Really Stupid Assumption: Assume Tom Friedman is correct. Not about the brilliance of cab drivers, or the flatness of the Earth, or even that AGW is the route to revitalize the U.S. economy.* But assume as valid his claim that the “global economy” makes war less likely; that Pakistan and India won’t […]
Many years ago, I had a Cultural Anthropology professor who discussed the glories of the mechanical cherry-picker. The only catch was that (1) it had upfront and maintenance costs and (2) it performs less well than experienced cherry-pickers. In short, it would be useful if you have a shortage of labor and an excess of […]
We try to pretend we’re not actually human sometimes. And sometimes we have to decide not to pretend. Many of the Life Cycle Theory models for economics assume limited borrowing constraints: you can’t borrow more than you will make (present valued), but you can borrow on future earnings. You can only do that for so […]
My aging Subaru had a problem a while back. Leak of transmission fluid; a seal or another failing, leading to steady dripping out. And with little need to open the hood, no gauge—or even an “idiot light”—on the dashboard, it dripped for quite a while. And then some. The first repair—call it Quizzical Effort 1—refilled […]
One of the best rules in mathematics is that, to determine the value of all the variables, you need only as many distinct equations as you have variables. (previous sentence edited for clarity.) So let’s combine a couple of recent articles (h/t Mark Thoma for the first, Digby for the second.) Richard Florida finds three […]
David Neiwert (h/t Rebecca Lesses) doesn’t quite get it right: There will be a lot of hand-wringing in the coming days over the shooting of Rep. Giffords this morning at a constituent event — some of it, almost certainly, from the folks at Fox, who will wonder aloud how this kind of thing could happen. […]