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An interesting debate in the latest issue of Capitalism and Society on the current status of Economics and other Social Sciences, worth reading especially for the two comments to the leading article on the theme.
Category: Romania
Econlinks
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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 :-).
Klausenburg, anno 1865
→ Read moreWHEN you leave Szamos Ujvár, the road passes straight over a plain, with little or nothing to relieve the monotony. A Hungarian village or two, a nobleman’s mansion with the surrounding farm-buildings,-that is all, until the tall spire and the various towers of Klausenburg rise before you.
Weekend econlinks
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The other side of scientific publishing: the Editor’s perspective. In this case nothing to complain about (au contraire: e.g., see earlier): if only most editors (cross-disciplinary) would follow on McAfee’s steps… unfortunately, plenty of counterexamples around, such as the editors involved here
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Steven Shreve on working with models in the finance world.
(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…).