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Eric Maskin on the financial crisis (Mankiw, Cheaptalk and MR link to this interview, among others). Maskin is one of the smartest persons alive, so this is mandatory– a must read in particular for those who’d like to crucify all economic theorists :-).
Category: academia
Econlinks
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Always wise thoughts from the one and only Kevin Murphy . If for some reason you haven’t heard of him yet, all you need to know is that Murphy holds comparative advantage in all forms of production.
(Many) Econlinks for the Weekend
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A nice, brief VoxEU note of Willem Buiter on negative nominal interest rates (and their potential desirability). Greg Mankiw also tackled the topic earlier.
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If you’re at all into arithmetics (and not only) you might like this concise exposé on very big numbers (think Ackerman series, Busy Beavers and the like if you are dubious about what “very big” stands for in this context…).
My first (and last) public karaoke performance
…represents the validation of my long held opinion that I have no comparative advantage whatsoever in this area. My team partner for this impromptu exercise, Ian Walker, among other things the current editor-in-chief of Labour Economics, performed rather reasonably, but there was no chance to ultimately rank decently among the brave competitors– my colleague economists from the Aarhus School of Business, some of them natural born karaoke stars– precisely because of teaming up with yours truly.
→ Read more Sunday night econlinks
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Bilingualism and early child development: very interesting brand-new research in PNAS (institutional or individual subscription needed, else only abstract is free). And yes, bilingualism clearly pays off, if you were wondering.