Terry Tao brief and informative on the 2010 Fields medalists (Le Monde est aussi très heureux et honoré pour Ngo et Villani, “deux facettes de l’école mathématique française“). Read also Tao’s intro to the winners of the Nevanlinna, Gauss and Chern prizes.
Gelman writes a useful overview on causality and statistical learning (caveat lector: I have only read through Angrist and Pischke’s book, among the three Gelman mentiones; that one is very well written, but aimed at junior graduate students at best: hence, the book’s tag “an empiricist’s companion” is overselling it; and that has nothing to do with Josh Angrist kindly “advising” me to change my PhD topic/focus, sometime in my beginning graduate years, because ‘nobody serious would be interested in structural modelling’ :-)).
By far the best read of the current week (as yet, but looks incredibly difficult to surpass this):
→ Read moreHere’s an imagined dialogue between the two sides on Randomized Evaluation (RE) based on this book:FOR: Amazing RE power lets us identify causal effect of project treatment on the treated.
→ Read more
I recently helped one of my single male graduate students in his search for a spouse.
First, I suggested he conduct a randomized controlled trial of potential mates to identify the one with the best benefit/cost ratio. Unfortunately, all the women randomly selected for the study refused assignment to either the treatment or control groups, using language that does not usually enter academic discourse.
Reviewing the reviewers, with cross-disciplinary insights. Who would have thought that Economics is somewhat like History? :-). Thanks to Daniel for the link!
The Prisoner’s Dilemma in practice or ‘Who’s got the Golden Balls‘? :-). Greg Mankiw already decided to use it for his econ classes :-).
Incentives and globalization, a brief but very interesting interview with Luis Garicano. Topics tackled here are CEOs, football, and…everything else.
Geography of the recession in the USA. Thanks to Fred for the link!