- The Roman Empire as seen by a 2nd c. Chinese historian.
- Daniel Radcliffe is a normal person with a weird sense of humor.
- Neil Gaiman on the worth of libraries.
- The "Northampton Clown" is unmasked as student Alex Powell. He'd been getting death threats from people who took his act a bit too seriously.
- I do not have a working theory of mind on Eugene Fama for his views on the macroeconomy.
Wednesday, October 16, 2013
Monday, October 14, 2013
Commonly called the Nobel Prize in Economics was awarded today to three economists working in the area of finance: Eugene Fama, Lars Hansen and Robert Shiller. The advancements are in the area of the "empirical analysis of asset prices: Fama for his work on the Efficient Markets Hypothesis and related areas, Hansen for the widely used Generalized Method of Moments statistical technique, and Shiller for work on failures of rationality including financial bubbles. Tabarrok and Cowen provide good summaries over of Marginal Revolution (Fama, Fama, Hansen, Hansen, Shiller, Shiller).