Comparisons of coronavirus infections to the mundane seasonal ‘flu have invited widespread mockery. In fact, the comparison is oddly and usefully apt. Estimates of infection and death rates –for both – require ...

Brilliant observation from Knight’s Risk Uncertainty and Profit: “We live in a world full of contradiction and paradox, a fact of which perhaps the most fundamental illustration is this: that the ...

The compositor has sent  the “final” version of Making Economics More Useful: How Technological Eclecticism Could Help (though the official publication in Applied Economics wont be till July or ...

A Swedish  friend, employed in New York by a famously prudent Swedish bank, kindly invited me to lunch last month. We discussed the recent convulsions in ‘repos’, as one does over quinoa salad in Manhattan. ...

I got a “revise and resubmit” for my paper on making economics more useful on the very day the Nobel prize in economics was announced. I have long been skeptical of the practical utility of Randomized ...