18 May 2012

Weissenberger and Murphy Solve the World’s Problems in 46 Minutes

Climate Change, Federal Reserve, Financial Economics, Shameless Self-Promotion 9 Comments

Redmond and I talk about climate models and the euro. Never before have so few pontificated about so much for so long.

9 Responses to “Weissenberger and Murphy Solve the World’s Problems in 46 Minutes”

  1. Bob Murphy says:

    Hey, this is cool: If you grab the slider and move it back and forth, it looks like I’m dancing.

    • Joseph Fetz says:

      Looks more like ‘Bob Headroom’.

    • Richie says:

      If you grab the slider and move it back and forth, it looks like I’m dancing.

      It sure does, and I don’t believe it’s by accident. Too coincidental for me. Similar to The Wizard of Oz and The Dark Side of the Moon.

    • Dan says:

      Oh man, if that’s what dancing looks like to you then I would pay to see you actually dance.

      • Bob Murphy says:

        How much?

        • Dan says:

          At least five dollars.

          • Joseph Fetz says:

            I’ll pay $10 for you not to dance. Between the shirtless training and shameless karaoke, I don’t know if my senses can handle dancing, as well.

  2. stickman says:

    Once more into the fray.

    RE: Hanson’s 1989 A-B-C predictions, climate sensitivity and subsequent changes in modelling…
    These links might interest you: http://bit.ly/8HBFyb & http://bit.ly/r8y75z .
    Perhaps this as well: http://bit.ly/AwSF5c

  3. Tel says:

    I was nodding along to you guys thinking on the one hand, “For a guy who hasn’t had any sleep, you sure are making a lot of sense.” On the other hand, the zombie makeup looked more realistic when you did the interview with Tom Woods. Then I started hearing stuff that sounded so stunningly familiar…

    Back in 1991 Edward Lorenz wrote and article called “Chaos, Spontaneous Climatic Variations and Detection of the Greenhouse Effect”. I’ll quickly drop the abstract in here:

    ABSTRACT. We illustrate some of the general properties of chaotic dissipative dynamical systems with a simple model. One frequently observed property is the existence of extended intervals, longer than any built-in time scale, during which the system exhibits one type of behaviour, followed by extended intervals when another type predominates. In models designed to simulate a climate system with no external variability, we find that an interval may persist for decades. We note the consequent difficulty in attributing particular real climate changes to causes that are not purely internal. We conclude that we cannot say at present, on the basis of observations alone, that a greenhouse-gas-induced global warming has already set in, nor can we say that it has not already set in.

    Here’s the link on the Wayback Machine (take me baaaack):


    I’d like to take a moment to make a formal note here that while Lorenz was still alive (and for a few years afterwards), all of his papers were easily accessible for free on his website at MIT, but they are all gone now. I wonder how long the Wayback Machine link will survive now I have posted it on such a notorious and prominent blog such as Free Advice? If you want to call me “conspiracy theorist” then put you name below and we can revisit this and see who is right.

    Those people who leave nothing to chance might want to fetch a copy while they have the chance.

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