Category Archives: Science

The Norms of Science: Extract from Paul Romer

I was looking for something on economic method, and found this section of Paul Romer’s “The Trouble with Macroeconomics” which I thought was worth posting. Some of the economists who agree about the state of macro in private conversations will not … Continue reading

Posted in Economics and public policy, Methodology, Science | Leave a comment

A lucky boy from a golden age of economics

When the financial crisis struck, it was back to the economics Max Corden learned in the 40s and 50s — a golden age of economics in which conceptual simplicity was a feature not a bug and the central criterion of good … Continue reading

Posted in Economics and public policy, History, Science | 1 Comment

Could Obamacare have lead to lower fertility?

[just a thought] US total fertility rates were bobbing along very placidly around 2.05 live births per woman from 1990 to 2010, when suddenly there was a clear drop to 1.8 in 2010-2017. That drop has even continued to 1.76 … Continue reading

Posted in Education, Employment, Geeky Musings, Gender, Health, History, Medical, Science, Social Policy | 8 Comments

John Burnheim on theory and practice in understanding the world

In an exchange, John Burnheim sent me an email which seemed to me to be the effective condensation of a lot of good thinking. It certainly chimed with my own thoughts. So I suggested he clean it up and I’d reproduce it here, … Continue reading

Posted in Economics and public policy, Science | 5 Comments

Our countries need us.

Humanity is at a high point. What our ancestors dreamed of is slowly becoming a reality: a world without hunger in which the vast majority of mankind live peaceful and long lives. We are not there yet, but in Europe, … Continue reading

Posted in Cultural Critique, Democracy, Economics and public policy, Education, Ethics, History, Inequality, Information, Life, Literature, Philosophy, Political theory, Politics - international, Politics - national, Religion, Science, Social Policy, Society | 10 Comments

Why Blockchain has no economic future.

[expanded from the post on JohnMenadue] When Bitcoin went public in 2009 it introduced to the world of finance and economics the technology of blockchain. Even the many who thought Bitcoin would never make it as a major currency were … Continue reading

Posted in bubble, Business, Climate Change, History, Information, Innovation, IT and Internet, Political theory, Politics - national, Science, Social Policy | 12 Comments

Let’s have another World War!

Sometimes, it feels like 1910 all over again. Then, a confident Germany was the up-and-coming industrial power house, fearing an even more up-and-coming Russia, with the UK and France desperately holding on to their colonial empires. Now, a confident China … Continue reading

Posted in Bullshit, Business, Climate Change, Cultural Critique, Death and taxes, Democracy, Economics and public policy, Employment, Environment, Ethics, Geeky Musings, Gender, History, Humour, Immigration and refugees, Indigenous, Inequality, Information, Innovation, Intellectual Monopoly Privileges, Journalism, Media, Miscellaneous, Music, Philosophy, Political theory, Politics - international, Politics - national, Public and Private Goods, Race and indigenous, regulation, Religion, Science, Social, Social Policy, Society, Sport-general, Theatre, Travel | 5 Comments