Archive for DeLong
Potpourri
==> You may think this upcoming Mises Academy class, “Delusions of Krugman,” is taught by me, but nope. I am much kinder and gentler than Bill Anderson. ==> A good summary at Reason on the social cost of carbon. ==> When I was at the Senate testifying, OMB rep Shelanski was at the House, saying […]
Read moreHow to Identify the Good Guys
Brad DeLong writes: “A certain asymmetry here, by which, IMHO, you can tell the good guys who respect argument and evidence from the bad guys who do not…” Then he goes on to show that Keynes and Paul Samuelson showed much more respect for Hayek’s contributions, than vice versa. Using this criterion, we should look […]
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==> A cool page on meteorite strikes; just watch it. (HT2 Daniel Kuehn) ==> On the Krugman/Reinhart-Rogoff exchange, unfortunately I suspected that there might be something fishy going on with their shocked, shocked reaction to claims that they didn’t share their data. I’m not completely certain of the true situation, but this Joe Weisenthal gloating […]
Read moreClive Crook on DeLong
I don’t care so much about the actual argument they are having (over Krugman, no less), but I thought this was funny from Clive Crook (HT2 Scott Sumner): Brad DeLong has commented on my beef with Paul Krugman. I’m reluctant to engage, to be honest, because his post exemplifies the intemperance I’m addressing. Once an admirer, […]
Read moreTwo Views (?) On Using Bets to Test Economic Theories
Back in December, when Brad DeLong said I needed to study at the feet of Krugman because I lost an inflation bet to David R. Henderson, and then Bryan Caplan objected to the tone of the statements, Daniel Kuehn wrote: I thought the whole point of betting on predictions was to weed out BS and […]
Read moreGrabbing DeLong’s Bank Account With Both Hands
[UPDATE 1 and 2 below.] Bryan Caplan discusses a wager between Noah Smith and Brad DeLong: If, at any time between 7/28/2012 and 7/28/2015, core consumer prices, as recorded in the FRED database series CPILFESL, are up more than 5% in the preceding 12 months, and if over the same 1-year period monthly U3 unemployment […]
Read moreApplying Krugmanian Lessons to the 1990s
Poor Alex Tabarrok. He makes a simple blog post, pointing out the hilarious heads-we-win-tails-you-lose stance of Krugman et al., and the targets of his critique focus on something completely incidental. I will probably muddy the waters myself by focusing on the “incidental” part of his post, but so be it. First, though, let’s review: 1) […]
Read morePotpourri
==> Whether North Korean officials actually said this, or whether it is US propaganda to get Americans mad, either way it’s hilarious: They allegedly called the US mainland a “boiled pumpkin.” Who can drop bombs after such a funny insult? ==> Robert Higgs looks around at today’s libertarians, and he’s none too impressed. His op […]
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