Thursday, October 16, 2014
Thursday Roundup, 10/16/2014
You know what? There is NO WAY the An Lushan rebellion killed 30 million people. What a hoax. OK, time for econ links and semi-crazed raving.
Me on BV
1. Energy limits won't hold back growth. Reason: We've been growing while using less energy for decades now.
2. Why I'm not too worried about the China slowdown (warning: contains macrobullshitting).
3. Why Jean Tirole is like Charles Barkley. Hint: It's not the hair.
4. Why the EMH is right. And also wrong. But mostly right.
5. I'm disappointed that Tony Hsieh has not yet managed to turn Las Vegas into a hipster techtopia. Next time, he should try more communism.
From Around the Econ Blogosphere
1. In which SMBC sums up about half of the experimental economics literature to date, in a single mildly funny comic. On a more serious note: https://ideas.repec.org/a/eee/jeborg/v73y2010i1p65-67.html
2. Roger Farmer says that the NAIRU is a myth. That Farmer, what a card. Next thing you know, he'll be telling us that the accelerationist Phillips curve has no out-of-sample predictive power! (slaps knee and hyuks)
3. Elizabeth Bruenig is against affirmative consent. Cacao to cacao.
4. Zachary David writes about agent-based models and macroeconomics. Rajiv Sethi and co. are not going to be happy with Mr. David.
5. Arnold Kling doesn't like the ideas of Olivier Blanchard. Paul Krugman doesn't like the ideas of Arnold Kling. I don't like walnut bread.
6. Mark Thoma provides your one-stop shop for coverage of Jean Tirole's Nobel prize. You can Tirole around to your heart's content. GET IT?? Heh. Heh.
7. A deep and thoughtful Matt Yglesias meditation on the philosophy of forecasting. I plan to say something along these lines when I take down the 2010 Inflation Derpers for claiming now that they were only "warning about risks".
8. Alex "Ragnarok" Tabarrok catches a great article about the boondoggle of U.S. pension funds. Alex's new nickname comes from the fact that he is actually an incarnation of Surtur, the fire-demon who will eventually burn this world so that a better one may be created in its place.
9. Jim Hamilton breaks down the factors behind higher oil prices. Sadly, reptoids - which we all know are the real cause - are not listed. Get out your orgone pendants, Hamilton's one of Them!
10. Economist battles streakers in the classroom. This is part of a fetish known as CENA, or "Clothed Economist Nude Activist", that has been gaining in popularity on Reddit.