tag:blogger.com,1999:blog-17232051.post2412587026109201588..comments2024-03-28T03:16:14.104-04:00Comments on Noahpinion: The Beggar Maid: Economics and Alice MunroNoah Smithhttp://www.blogger.com/profile/09093917601641588575noreply@blogger.comBlogger14125tag:blogger.com,1999:blog-17232051.post-33043829455256876472013-11-04T13:47:15.749-05:002013-11-04T13:47:15.749-05:00Great angle on the book! Great angle on the book! Clairehttps://www.blogger.com/profile/11523169351290868577noreply@blogger.comtag:blogger.com,1999:blog-17232051.post-59962833108190230502013-10-25T23:20:15.646-04:002013-10-25T23:20:15.646-04:00I think you should weaken that proposition. The st...I think you should weaken that proposition. The stock market bubble of the 1990s and the housing bubble of the 2000s were easy to predict and, indeed, predicted by many. You probably want to say that there can be bubbles that cannot be predicted, not that bubbles can't be predicted.<br /><br />(My favorite bubble indicator is a billboard on route 101 between Port Angeles and Sequim. When the supply of investors in the major population centers starts running low that billboard is used to bring in a new supply from the hinterland. I am sure it is just luck, but it predicted the last two bubbles by about eight months, offering stock investment opportunties and later real estate investment opportunities. I am hoping it will not be taken down as part of the current highway widening project as it provides an awfully useful public service.)Kaleberghttps://www.blogger.com/profile/05283840743310507878noreply@blogger.comtag:blogger.com,1999:blog-17232051.post-82078261281655676352013-10-24T17:00:00.777-04:002013-10-24T17:00:00.777-04:00I've never picked up an Alice Munro book, but ...I've never picked up an Alice Munro book, but couldn't help reading through your entire post anyways. Very good. Look forward to another econ/english lit post.JP Koninghttps://www.blogger.com/profile/02559687323828006535noreply@blogger.comtag:blogger.com,1999:blog-17232051.post-89935866217649131392013-10-23T15:47:14.803-04:002013-10-23T15:47:14.803-04:00With due respect to its financial and reputational...With due respect to its financial and reputational muscle, I would question the effrontery with which the Nobel foundation has arrogated to itself the right to pontificate, seemingly on behalf of the entire humanity (most of which is voiceless), on such large things as Peace and Literature. <br />Both a serial killer and a mass murderer kill a lot of people: while the serial killer kills them one at a time, or in series, the mass murderer kills them all at once, or en masse. Combining the two, we get a serial mass murderer, and the most successful of these, Henry Kissinger, was given the Nobel Prize for Peace. <br />Adolf Hitler hated Jews and killed six million of them over a period lasting several years. Winston Churchill thought that Hindus were a beastly people and killed three to five millions Bengali peasants, not all of them Hindus, in a single year. Churchill was given the Nobel Prize for Literature. <br />I understand that the Nobel foundation is in financial trouble. Perhaps one day a hedge fund manager will manage to kill the Nobel foundation, a feat for which even the joint bestowal of all three Nobel Prizes, for Peace, for Literature, and for Economics, may not be an adequate enough reward. <br /><br />Kanchhedia Chamaar<br />Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-17232051.post-45971555375083008662013-10-23T14:13:33.053-04:002013-10-23T14:13:33.053-04:00I like this blog because you tend to learn more he...I like this blog because you tend to learn more here than at many other econ blogs where there is more of an overt political agenda. There have been many posts here that I have benefited from. <br /><br />However, I think this is the most thought-provoking post I've read. This one will stick with me. Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-17232051.post-13794201380360547862013-10-23T13:58:31.694-04:002013-10-23T13:58:31.694-04:00Economists should write a lot more about these kin...Economists should write a lot more about these kinds of things, and a lot less about the kinds of things they actually do write about.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-17232051.post-47876674467503579192013-10-23T13:45:34.788-04:002013-10-23T13:45:34.788-04:00Thanks, and good luck with whatever you decided to...Thanks, and good luck with whatever you decided to do instead!Carolahttps://www.blogger.com/profile/12783977056485775882noreply@blogger.comtag:blogger.com,1999:blog-17232051.post-65650619988704741202013-10-23T13:20:57.955-04:002013-10-23T13:20:57.955-04:00Great post. I started reading Noahpinion about a ...Great post. I started reading Noahpinion about a year ago, at a time when I was trying to decide whether to enter an economics program myself. I ended up deciding against it (no fault of Noah's), but if econ was more like this post, maybe I would have made it.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-17232051.post-53791633479878290252013-10-23T07:03:17.021-04:002013-10-23T07:03:17.021-04:00 “Millions of readers pick up an Alice Munro story... “Millions of readers pick up an Alice Munro story and react with a kind of galvanised self-recognition.” I only read this review, but I can agree. xWelfxhttps://www.blogger.com/profile/04296366418084674149noreply@blogger.comtag:blogger.com,1999:blog-17232051.post-63280443163659489552013-10-23T05:57:40.780-04:002013-10-23T05:57:40.780-04:00In the Fama vs. Shiller debate , my $ is still wit...In the Fama vs. Shiller debate , my $ is still with Fama being that bubbles are nearly impossible to predict expect in hindsight; otherwise you could short stocks with characteristics of bubbles, but no one has been able do this consistently to achieve excess returns. The dotcom 'bubble' in retrospect was rational when you consider some of the stocks that didn't die became hugely successful like Amazon and eBay, and the overall growth of the internet usage & commerce. Investors in the late 90's were paying high premiums for the expectations growth, which was eventually a decade+ later realized. Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-17232051.post-61899905769981936332013-10-22T22:25:55.716-04:002013-10-22T22:25:55.716-04:00Thanks!Thanks!Carolahttps://www.blogger.com/profile/12783977056485775882noreply@blogger.comtag:blogger.com,1999:blog-17232051.post-22964933492553760112013-10-22T21:28:15.506-04:002013-10-22T21:28:15.506-04:00Hehe, sorry to be Joe copy editor. I know that'...Hehe, sorry to be Joe copy editor. I know that's exactly the response that says, yes I read your work and really got it. But I did enjoy that very much, especially given how much it reminded me of the sorts of things one had to write in school. I bet your profs didn't cringe when they got your papers. ;)<br />Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-17232051.post-47551666822611230052013-10-22T19:52:59.344-04:002013-10-22T19:52:59.344-04:00Oops, I meant Patrick. Will correct it.Oops, I meant Patrick. Will correct it.Carolahttps://www.blogger.com/profile/12783977056485775882noreply@blogger.comtag:blogger.com,1999:blog-17232051.post-71342206090336134032013-10-22T19:52:11.128-04:002013-10-22T19:52:11.128-04:00Who's Peter?Who's Peter?Anonymousnoreply@blogger.com