Category Archives: Math and Statistics

Assorted Links (10/31/2009)

Here’s a list of articles that I have been reading today (organized by topic): Finance and the Financial Crisis Efficient Market Theory and the Crisis, by Jeremy Siegel “Neither the rating agencies’ mistakes nor the overleveraging by financial firms was the fault of an academic hypothesis.” Foreign Policy The Tenacity Question, by David Brooks “Military

Assorted Links (10/16/2009)

Here’s a list of articles that I have been reading today (organized by topic): Economics and the Financial Crisis It’s Smart to Delay Hiring Early in a Recession, by Casey Mulligan Another Entry for the Employment-Reducing Policies List, by Casey Mulligan The Banking System Is Still Broken, by Ann Lee “Borrow from the Federal Reserve

Assorted Links (9/29/2009)

Here’s a list of articles that I have been reading today (organized by topic): Economics The More the Merrier: Population Growth Promotes Innovation, by Casey Mulligan Questioning a Chastened Priesthood, by Jeremy Clift Finance & Development : “Jeremy Clift profiles psychologist (and 2002 Nobel Laureate) Daniel Kahneman.”  Professor Kahneman is one of the “founding fathers”

Assorted Links (9/23/2009)

Here’s a list of articles that I have been reading today (organized by topic): Economics The More the Merrier: Population Growth Promotes Innovation, by Casey B. Mulligan Financial Crisis Bank Pay Controls Aren’t the Answer, by Andy Kessler Wall Street Journal: “It was leverage, not a ‘thirst’ for risk, that toppled the financial system.” Health

Assorted Links (9/22/2009)

Here’s a list of articles that I have been reading today (organized by topic): Economics and the Financial Crisis Taxes, Depression, and Our Current Troubles, by Art Laffer Wall Street Journal: “Tariffs, rising state and federal taxes, and currency devaluation ruined the 1930s, and they could do the same today.” Foreign Policy Summits of Folly,

On the use of math in economics (version 2.0)…

In response to my previous posting entitled “On the use of math in economics…”, my colleague Allen Seward pointed out the following quote to me (Attributed to Alfred Marshall; see Todd G. Buchholz, 1989, New Ideas from Dead Economists, New York: Penguin Group, p. 151.): In a letter to his protégée, A.C. Pigou, he [Marshall] laid

On the use of math in economics…

As I prepare my course in managerial economics, I have tried to put myself in my students’ shoes and ask why all the math?  This is a particularly relevant question because my students are enrolled in Baylor’s executive MBA program, and they (quite understandably) have no interest in becoming professional economists.  In his recent blog entry entitled

Assorted Links (9/16/2009)

Here’s a list of articles that I have been reading today (organized by topic): Economics and the Financial Crisis Lessons from the Fall of Lehman, by Donald Marron Debriefing Lehman, by Holman Jenkins Wall Street Journal: “The time to worry about moral hazard is now.” Health Care Reform Mandated Health Insurance Squeezes Those in the

Assorted Links (8/29/2009)

Here’s a list of articles that I have been reading today (organized by topic): Foreign Policy  Ballots, bullets and bombs in Afghanistan, from the Big Picture (News Stories in Photographs from the Boston Globe) Health Care Reform Who should decide whether additional medical care is worth the cost?, by Keith Hennessey Keith Hennessey offers some

Assorted Links (8/27/2009)

Here’s a list of articles that I have been reading today (organized by topic): The Economy The 2010 jobs outlook, by Keith B. Hennessey Health Care Reform Obama’s Health Rationer-in-Chief, by Betsy McCaughey WSJ: “White House health-care adviser Ezekiel Emanuel blames the Hippocratic Oath for the ‘overuse’ of medical care.” Work Disincentives in the Health