themessthatgreenspanmade.blogspot.com - 12/13/2008
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From This Modern World comes a look at what economists hath created, featuring a special appearance by Paul Krugman (hat tip EU).
Who can you trust?
pajamasmedia.com 9/25/2008 — What a fine mess we’re in OllieA 3 month old video produced by the Boston Globe describing the effect of Barack Obama’s housing reforms in his district makes interesting viewing. The accompanying article explains that “the squat brick ...
Trust and Credit
aleablog.com 3/13/2009 — Paper by Jefferson Duarte, Stephan Siegel and Lance Young
Abstract:
This study considers the impact of trustworthiness on financial markets at the individual transaction level. We employ a natural experiment using the peer-to-peer lending ...
How to Trust Someone
moneyning.com 10/5/2009 — Stop what you are doing and read the following statement three times.
Don’t trust anyone who is giving you advice on a decision that he/she wouldn’t make.
It’s so obvious isn’t it, but many of us (myself included) fall into this trap on a regular basis. At the ...
What economists believe
gregmankiw.blogspot.com 9/18/2009 — Results of a new survey . Thanks to Tyler Cowen for the pointer.
Taleb vs economists
stumblingandmumbling.typepad.com 10/14/2008 — Everyone seems to be hailing Nassim Nicholas Taleb as the man who saw the crisis coming . I have a problem with this. It’s not that what Taleb says about risk is wrong. Quite the opposite. It just strikes me as trivially true. We’ve known for ages ...
Economist: In defense of economists
economist.com 2/6/2009 — MY COLLEAGUES have expressed their frustration at the economics profession. Some economists share their despair at the way the field has failed throughout this crisis. It’s strange; I find it an exhilarating time to be an economist. Rather than seeing ...
Economists and the Crisis
irisheconomy.ie 9/5/2009 — As has been tracked by several previous posts on this blog, there is by now a considerable debate on what the crisis teaches us about the role of economists.
One dimension of this debate has focused on the failure by the economics profession to ...
Who Do You Trust?
four-pillars.ca 3/5/2009 — Almost two years ago Promod Sharma at Riscario Insider wrote a post , partially in response to something I had written, about “ Who can you trust? “. Promod suggests referrals as a way to trust someone you start doing business with, and in the ...
The First Thing We Do, Economists, etc.
paul.kedrosky.com 11/24/2008 — "The first thing we do, let's kill all the lawyers". - Henry VI, (Act IV, Scene II). Tonight I happened to be looking at some data on the top 50 economics programs in the world. Just for fun, I resorted the ...
To trust or not to trust
VoxEU.org 10/8/2009 — Paola Giuliano , Luigi Guiso , 8 October 2009 Virtually every commercial transaction involves trust, and more trusting societies tend to be richer. But does it pay individuals to trust? This column suggests that relationship between trust and income ...