Tag Archives: Chicago School

A Note to Concerned Bloggers

[I am emailing this around to various bloggers who took part in the recent discussion of the Global Cooling chapter of Superfreakonomics.] Y’all, I haven’t had the opportunity to read Superfreakonomics yet, but from what I have seen of it, at least the last 60% of the book is devoted to taking down the notion that we [...]
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Being Freakonomical with the Heart

[ (i) This is a tribute to, and perhaps fulfilment of, Daniel Davies's post Being Freakonomical With The Truth. (ii) I see that I made a major error in last night's post: Michael Sandel doesn't belong to an academic philosophy department, but is of course in the Harvard Department of Government, with a manifest passion [...]
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The Dismal Science and its Discontents

I note that the Freakonomics folks are doubling down, giving Nathan Myhrvold (the controversial advocate of geo-engineering solutions to climate change that they leaned on too heavily in the final chapter of their book) a platform to defend his contributions and De Long lets Nicholas Weaver reply to the technical points of Myhrvold’s post. However, [...]
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Reductionism in Economics

Having collected some of the thinking in the economic civil-war debates in my last post I would like to now throw out a few general observations. John Quiggin in a recent post at Crooked Timber notes some of the causes of the schism, he thinks partly due to the recent increase in polarization in the political [...]
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Economics Roundup

Krugman on Skidelsky Krugman has a review of Keynes: The Return of the Master (h/t Krugman).  Krugman continues to bait the fresh water economists but provides a neat summary of the Chicago school’s essential innovation, or, depending upon your perspective, regression to neo-classical economics. In addition Krugman looks at the evolution of the master’s thought between 1936 [...]
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