Re: Advise to Journalists

2003-02-03 Thread Anton Sherwood
Alex Tabarrok wrote: I am interested in the suggestions of list members as to what the most important lessons economics has to teach. This essay might be useful http://www.techcentralstation.com/1051/techwrapper.jsp?PID=1051-250CID=1051-013003A -- Anton Sherwood, http://www.ogre.nu/

RE: Questions about the stagflation episode... Advice to journalists

2003-02-03 Thread Grey Thomas
First off, if macro is at all close to a science, there should be near unanimity, among macro experts, on exactly: why did the dot.com bubble keep growing, even after Greenspan's 1997 (?) irrational exuberance comments? Why did Argentina turn into such a mess? I don't think there is agreement.

Re: Advise to Journalists

2003-02-03 Thread Chris Rasch
Hi, Some concepts I think that it would be useful for reporters to know: broken windows fallacy. Wars don't create jobs on net--war-related jobs supplants jobs that would've been created by providing non-war related goods/services. seen vs. unseen How FDA regulations actually harm health by

Re: Questions about the stagflation episode...

2003-02-03 Thread William Dickens
I'm actually not a Kuhnian on these issues, but I am trying to see how far Kuhn's theory goes in accurately describing economic research. Is it really true that there aren't reigning paradigms in meteorology? That is not what I meant. Of course there is. Its thermodynamics. However, to an

Re: Advise to Journalists

2003-02-03 Thread George Berger
Alex, I found the article in the Economist, March 31, 2001 , pp. 20-22 stressing the relationship of poverty and lack of property rights (a short but neat summary of De Soto's thesis in his new book The Mystery of Capital) to be very useful. Good luck. George Berger Alex Tabarrok wrote: I

RE: Questions about the stagflation episode...

2003-02-03 Thread Fred Foldvary
--- Grey Thomas [EMAIL PROTECTED] wrote: First off, if macro is at all close to a science, there should be near unanimity, among macro experts, Is there unanimity among anthropologists and biologists and physicists and medical researchers? Fred Foldvary = [EMAIL PROTECTED]

Re: Questions about the stagflation episode...

2003-02-03 Thread Fred Foldvary
Also, almost all the profession will now also agree that ... a large fraction of what we call business cycles are the natural responses of an economy to real shocks. Alex Would that fraction include the downturn that followed the 1990s techno-boom, the recession having begun

Re: Advise to Journalists: keep it real!

2003-02-03 Thread Fred Foldvary
--- Alex Tabarrok [EMAIL PROTECTED] wrote: I will be giving a 15-20 minute talk to a bunch of journalists and proto-journalists ( most of them are editors of student university newspapers) about what economics has to offer journalism. I am interested in the suggestions of list members as

Re: Advise to Journalists: keep it real!

2003-02-03 Thread AdmrlLocke

Re: Questions about the stagflation episode...

2003-02-03 Thread fabio guillermo rojas
On Mon, 3 Feb 2003, William Dickens wrote: That is not what I meant. Of course there is. Its thermodynamics. However, to an outsider it looks to impose about as much structure on weather modeling as the notion of general equilibrium imposes on macro-modeling - - that is that the devil is in