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Welcome to the Lighthouse
Category Archives: ECONOMICS
Don’t get yourself stuffed when you die …
This time Russ Roberts really nails it, in my personal books, by managing to find an economist who holds a degree in electrical engineering. I hold electrical engineering, or at least an electrical engineer, close to my heart and always … Continue reading
Posted in ECONOMICS, LIFE
51 Comments
Here she goes again, going to bat for Adam Smith …
Well, not exactly. But teeing up Russ Roberts, in a mixed metaphor podcast repodcasting, in which he goes to bat for Adam Smith, and then discusses how academics are captured by their audience and how economists are no more free … Continue reading
Posted in ECONOMICS
5 Comments
So I was thinking about something I have thought of before [so what else is new, ed.?]
about why economic theory can be at such odds with reality that highly intelligent people can completely disagree both about what might happen and even more interestingly about what has happened. One obvious problem is there are no control groups, really. … Continue reading
Posted in ECONOMICS, LIFE
34 Comments
This needed to be said, thank you Trader Dan
The Gold Cult Cult – 1.) a religious group which promotes worship of a human leader and devotion of one’s life to a specific purpose. 2.) A misplaced or excessive admiration for a particular person or thing Cult of Personality – … Continue reading
Posted in ECONOMICS, LIFE, RANTS
44 Comments
Speaking of modal logic, Yellen’s been yellin’ … or wafflin’
Once again, daring to dart my head out from under the covers, I ventured into our National Post yesterday to see if the world still existed. And it did. But other than a person I had never heard of, but … Continue reading
Posted in ECONOMICS
29 Comments
My slovenly ways, justified once again …
so put down that broom, and build yourself an outhouse. I wish my introduction to this topic had not been so scatological, as a close relative [but not that close!] described how people were getting poop enemas, the poop coming … Continue reading
Posted in ECONOMICS, LIFE, RANDOM
64 Comments
Never afraid to let someone else do the heavy lifting …
and well aware these aren’t everyone’s cup of tea, I find they seem to go awfully well with mine. Robert Frank on Coase Robert Frank Hosted by Russ Roberts Robert Frank of Cornell University talks with EconTalk host Russ Roberts about the implications … Continue reading
Posted in ECONOMICS, LIFE
43 Comments
Canada is a very boring place, thank god … he said it, not me!
and as they went on, they admitted that in this case, discussing banking and political entanglement, it is indeed a good thing. Nothing Happening in Canada I don’t need much of an excuse to post an econtalk podcast, and in … Continue reading
Posted in ECONOMICS
22 Comments
At least it isn’t about our awful offal …
Well, I am going to wing it today, trusting the measured Russ Roberts to do the heavy lifting, as I am determined to get to the hospital lickety-split this morning. Yesterday proved the perfect storm of missing all key events at … Continue reading
Posted in ECONOMICS, LIFE, RANDOM
58 Comments
“great lessons in unintended consequences”, deja vu all over again
I haven’t even begun really to listen to this interview, but as you all [all, ed.?] know I am a huge fan of Russ Roberts and when the author he is interviewing, Nina Munk, started to explain why she wanted … Continue reading
Posted in ECONOMICS
24 Comments
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