- Seinfeld’s spongeworthy Elaine, an unusual, limited-purpose –but very thorough– option theory application, by the one and only Avinash Dixit.
- All passé now, but hopefully you did pick your favorite Cupid.
- New academic econ world order… but only if you fail to control for the quality of the journals those papers are published in (my conjecture is that if you take only the top 5-10 journals, the US-EU average gap actually widened).
- The third and the seventh: imagination materialized or Alex Roman’s computer generated art. Via Michael Nielsen.
- Staying in CG: meet Julia Map, of Google ancestry. And since we’re here, read how the fractals changed the world –which was in a way also part of the obituary to Father Fractal, Benoit Mandelbrot, who passed away a couple of months ago; see a better one from the Economist.
I have not seen anything more dramatic and powerful than this in the modern art world perhaps since Pink Floyd’s The Wall movie. This is a work of perfection, there is no single detail left to chance; for instance, obviously it could have only ended apocalyptically— on Apocalyptica’s version of Nothing Else Matters. → Read more
Mid July, terribly hot, Cambridge, serious Econ research: high time for the yearly NBER Summer Institute. Yesterday I attended an interesting second part of the EF&G Research Meeting, where in particular I’d single out Chetty’s paper on bounding labour supply elasticities with optimization frictions (succeded by Rogerson’s excellent discussion). → Read more
The top 100 global thinkers, according to Foreign Policy. With the usual caveats: some should clearly not be there, others are missing (even from the first 5 positions, say…) etc. Highly subjective, but well, a top…
Terry Tao makes a nice and concise exposition of some of the most beautiful parts at the intersection of Mathematics and Theoretical Physics (oh, nostalgia…), including quick reviews of classical and quantum mechanics.
… so is said to have rhetorically wondered a deeply impressed Schubert, after witnessing a performance of Ludwig van Beethoven’s String Quartet no. 14 in C sharp minor, Opus 131. And so must repeat yours truly after listening to his favourite Beethoven string quartet, flawlessly performed by the Takács Quartet, in the Lille Sal of the Aarhus Musikhuset— a mere couple of hours ago. → Read more
… performed by a fantastic crew of the Queensland Ballet, on their European Tour. François Klaus’s choreography is pure genius work, while William Barton is a most fascinating didgeridu virtuoso and composer (not to mention that he also proved to possess great vocal skills and to play top guitar). → Read more
This Science piece on leverage being “the root of all financial turmoil” is interesting (will follow up on it), though a). I doubt leverage is “the” (only) root of the problem; b). we all know that leverage had a large impact, within classical Economics–see, e.g., Bob Solow’s discussion on that, in his critical review of Posner’s recent book.