tag:blogger.com,1999:blog-2499715909956774229.post3958711288244568287..comments2024-03-22T22:37:02.639-07:00Comments on Stephen Williamson: New Monetarist Economics: Landsburg: ConclusionsStephen Williamsonhttp://www.blogger.com/profile/01434465858419028592noreply@blogger.comBlogger6125tag:blogger.com,1999:blog-2499715909956774229.post-34380145023098995482011-04-23T18:04:21.551-07:002011-04-23T18:04:21.551-07:00OK. Yeah, I just meant new as in new edition basic...OK. Yeah, I just meant new as in new edition basically. Thank you.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-2499715909956774229.post-42854657116708846122011-04-23T17:12:50.038-07:002011-04-23T17:12:50.038-07:00The book isn't that new. It's now in 4th e...The book isn't that new. It's now in 4th edition. The first one came out about 11 years ago. You need to know some algebra, but you don't need calculus. There is a math appendix where I work some things out in more detail. The technical requirements are no greater than for any other intermediate-level macro book on the market.Stephen Williamsonhttps://www.blogger.com/profile/01434465858419028592noreply@blogger.comtag:blogger.com,1999:blog-2499715909956774229.post-73622483235762027872011-04-23T16:48:04.401-07:002011-04-23T16:48:04.401-07:00don't really have a comment on the posting, bu...don't really have a comment on the posting, but I was wondering what sort of level of math is needed to get a good understanding of your new macro book. It says it's for undergraduates, but some have very different views on what can be presented to undergrads. Thanks.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-2499715909956774229.post-71328271818851860802011-04-23T11:31:58.405-07:002011-04-23T11:31:58.405-07:00Nick,
1. Typo corrected.
2. Yes, in a world with ...Nick,<br /><br />1. Typo corrected.<br />2. Yes, in a world with certainty, either she was endowed with a huge bundle of wealth (through inheritance) at birth, and is non-satiated forever, or she is not satiated. With uncertainty, it has to be an unexpected windfall. I just saw "The Social Network" last night. At least as the story is told, Zuckerberg's expected wealth is orders of magnitude lower than the realization.<br /><br />Anonymous,<br /><br />Yes, the outliers make news, and those were the names I came up with off the top of my head. Nothing odd about that. Odd that you think it odd.Stephen Williamsonhttps://www.blogger.com/profile/01434465858419028592noreply@blogger.comtag:blogger.com,1999:blog-2499715909956774229.post-71851739575310863712011-04-23T10:46:02.328-07:002011-04-23T10:46:02.328-07:00For every Koch there are a dozen Ford Foundations,...For every Koch there are a dozen Ford Foundations, Soros, Harvard U. trust funds, etc., for every Murdoch, there are a dozen Pinch Sulzbergers .. <br /><br />Odd you notice the outliers opposing the establishment, and not the inliers who dominate the commanding heights.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-2499715909956774229.post-87945113778293722582011-04-23T10:39:20.266-07:002011-04-23T10:39:20.266-07:00Typo: "All of our competitive economic theory...Typo: "All of our competitive economic theory is based on *non*-satiation."<br /><br />One wonders, also, how she ever got to be satiated. Presumably it was unplanned.Nick Rowehttps://www.blogger.com/profile/04982579343160429422noreply@blogger.com