Re: Handicapping the 2001 Noble Prize in Economics

2001-09-21 Thread chris macrae
Is there anyone the team sees as leading research into intangibles, human relationship constructs such as trust, knowledge, social and intellectual capital? Excuse me if some of these are not dead central in economics vocabulary. In working with major multinational companies, these are now core

RE: # buyers = # sellers ?

2001-09-21 Thread James Sproule
Economists (and I am one) can smirk at commentators saying 'that there are more buyers than sellers', but from a market practioners point of view, that is certainly how it feels at times. Financial markets have traders who maintain large stocks of whatever they are trading. When a piece of

RE: # buyers = # sellers ?

2001-09-21 Thread William Dickens
I never said that # buyers always and everywhere # of sellers. I specifically said if the market is operating there is a buyer for every seller. It is certainly true that specialists on the floor of the NYSE often suspend trading in a stock when there is an imbalance of orders and that bids on

RE: Handicapping the 2001 Noble Prize in Economics

2001-09-21 Thread Bill Dickens
Not to be picky, (I guess I am) but, isn't Tullock a lawyer by primary credential and training? I know there are many outstanding legal theorists [Tullock, Posner, Greg Sidak, Ian Ayers, etc.] who have made significant contributions in formal economic theory. Then again the role of transaction

Re: Handicapping the 2001 Noble Prize in Economics

2001-09-21 Thread jim horsman
Not to be picky, (I guess I am) but, isn't Tullock a lawyer by primary credential and training sure, but we can define an economist as one who publishes in economic journals. Not too many more prolific than Gordon.

Re: Handicapping the 2001 Noble Prize in Economics

2001-09-21 Thread fabio guillermo rojas
Other nobel prizes have been awarded to individuals that weren't formally trained. Some literature winners were not fiction writers, a recent physics went to an engineer and medicine/physiology often goes to non-MD biologists. If people started thinking contribution to economic thought, then we