Positive Economist

What an economist does

Friday, February 8, 2013

Trading in risk

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The excellent essay aggregator The Browser linked this week to an essay by Steve Randy Waldman on the relationship between freedom and ris...
Friday, January 27, 2012

Mana from government

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One sentence stuck out to me from an otherwise poignant article on healthcare and assistance for the very elderly: Politicians are champin...
Friday, December 16, 2011

Loaded words and modeling

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Here  is a nice review by Burton Malkiel of "Models Behaving Badly" by Emanuel Derman. The models of the title are from the world ...
Monday, November 21, 2011

Abstract revolutions or: if something is new, the old thing must be bad

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There is a part of  this  small, otherwise enjoyable article about the advent of neuroeconomics that bothers me. The premise of the piece is...
Wednesday, November 16, 2011

More rationality, and a million models

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Here is an article on a conversation with Raquel Fernández that I found very interesting. The whole thing is worth reading, but I will quot...
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Thursday, November 10, 2011

Daniel Kahneman and the rational choice model

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Daniel Kahneman has a new book, " Thinking Fast and Slow ", that is prompting a lot of excellent articles about his work. For exam...
Monday, March 21, 2011

Meta-ignorance

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The "how badly people do on civics and general knowledge test" sub-category of Cheap Journalism is always good for some light ente...
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