tag:blogger.com,1999:blog-2499715909956774229.post7119346519957330624..comments2024-03-22T22:37:02.639-07:00Comments on Stephen Williamson: New Monetarist Economics: One Last ThingStephen Williamsonhttp://www.blogger.com/profile/01434465858419028592noreply@blogger.comBlogger20125tag:blogger.com,1999:blog-2499715909956774229.post-295477696544739222011-03-25T21:54:42.484-07:002011-03-25T21:54:42.484-07:00Nice analogy. They’re also not thinking of Pete Se...Nice analogy. They’re also not thinking of Pete Seeger, who said he’d ‘chop the mike cable right now’ if he had an axe while seeing/hearing Dylan ‘go electric’ at the 1965 Newport Folk Festival.Phil Rothmanhttp://personal.ecu.edu/rothmanp/rothman.htmnoreply@blogger.comtag:blogger.com,1999:blog-2499715909956774229.post-36550697215703878382011-03-24T20:52:48.912-07:002011-03-24T20:52:48.912-07:00I only saw him play once, in 2002. His band was su...I only saw him play once, in 2002. His band was superb and the show was excellent, complete with the reinvention of the songs. I know he had his ups and downs, though. A few of those records are stinkers. The Christmas songs were funny, in a warped sort of way, but you're not going to get that out and play it much.Stephen Williamsonhttps://www.blogger.com/profile/01434465858419028592noreply@blogger.comtag:blogger.com,1999:blog-2499715909956774229.post-68983415839584262912011-03-24T20:34:44.620-07:002011-03-24T20:34:44.620-07:00The "soft sciences" are harder. That'...The "soft sciences" are <a href="http://bama.ua.edu/~sprentic/607%20Diamond%201987.htm" rel="nofollow">harder</a>. That's why the hard sciences are better!<br /><br />Bob Dylan always struck me as being famous just because it was the 60s, and not actually that good. I was hearing "Hurricane" more often when that movie came out and thought it was a pretty good song. But I was really surprised when I searched on youtube for his live performance of Maggie's Farm after hearing how controversial it was. Not only did Bob not sound like that before, I don't think he did afterward either. Unfortunately, it seems to have been removed by the copyright police.TGGPhttps://www.blogger.com/profile/11017651009634767649noreply@blogger.comtag:blogger.com,1999:blog-2499715909956774229.post-7506578734288035022011-03-24T17:12:17.655-07:002011-03-24T17:12:17.655-07:00I´d say that a hard science work on material subje...I´d say that a hard science work on material subjects, alive or not, without Will, languaje, and free of choice.www.MiguelNavascues.comhttps://www.blogger.com/profile/00880006105532291958noreply@blogger.comtag:blogger.com,1999:blog-2499715909956774229.post-1104951144104862022011-03-23T20:14:23.840-07:002011-03-23T20:14:23.840-07:00Thanks for the Woodford tips. On McCloskey: I neve...Thanks for the Woodford tips. On McCloskey: I never really read McCloskey, just listened to him/her over lunch. This would get tiresome sometimes, but the ideas about writing and persuasion seemed to be fine. There seemed to be some notion of an aesthetic in how we did things as economists - like it was an art form.Stephen Williamsonhttps://www.blogger.com/profile/01434465858419028592noreply@blogger.comtag:blogger.com,1999:blog-2499715909956774229.post-9430526717446750332011-03-23T14:20:42.081-07:002011-03-23T14:20:42.081-07:00March 23 2:06 is right. Woodford has done a new pr...March 23 2:06 is right. Woodford has done a new presentation for undergrads encompassing lessons from the crisis:<br />http://www.columbia.edu/~mw2230/JEP%20draft%203.pdfAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-2499715909956774229.post-77226424099696354062011-03-23T14:06:30.718-07:002011-03-23T14:06:30.718-07:00" In the last edition I redid the "stick..." In the last edition I redid the "sticky" chapter to try to capture the essence of Woodford for undergrads."<br /><br />Time to update your text -- Woodford is moving on, qcknolwedging that the housing bubble doesn't fit his model, and he needs genuine heterogeneous expectations deal with such things.<br /><br />No doubt his math will falsify the phenomena, and fail to capture what is going on causally -- but it won't be the old, failed Woodford of the textbook.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-2499715909956774229.post-1485369075474506742011-03-23T14:00:30.784-07:002011-03-23T14:00:30.784-07:00There is no evidence that McCloskey understands sc...There is no evidence that McCloskey understands science.<br /><br />Cuasal mechansims are are not literature, they are not rhetoric, they are part of the world -- and when we discover them, out knowledge advances.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-2499715909956774229.post-13493362486896693412011-03-23T13:53:22.175-07:002011-03-23T13:53:22.175-07:00Bill C,
Excellent. In his "Chronicles" ...Bill C,<br /><br />Excellent. In his "Chronicles" book he also talks about his relationship with Tiny Tim. It's never clear whether he is putting people on or not.Stephen Williamsonhttps://www.blogger.com/profile/01434465858419028592noreply@blogger.comtag:blogger.com,1999:blog-2499715909956774229.post-87354639492335517112011-03-23T13:13:19.553-07:002011-03-23T13:13:19.553-07:00In 1988, Bob Dylan stopped Manilow at a party, hug...In 1988, Bob Dylan stopped Manilow at a party, hugged him and said, "Don't stop what you're doing, man. We're all inspired by you."<br />-Wikipedia entry on Barry ManilowBill Chttp://twentycentparadigms.blogspot.com/noreply@blogger.comtag:blogger.com,1999:blog-2499715909956774229.post-38829498258806042112011-03-23T08:45:17.983-07:002011-03-23T08:45:17.983-07:00Second-last anonymous:
I try to be objective in t...Second-last anonymous:<br /><br />I try to be objective in there, and to capture all the essentials of modern macro. In the last edition I redid the "sticky" chapter to try to capture the essence of Woodford for undergrads.<br /><br />last anonymous:<br /><br />Yes, good point. I'll have to start doing revisions for a 5th edition next year (and Canadian 4th edition this year). I'm looking for ideas now. You should be able to do anything at a non-technical level for undergraduates.Stephen Williamsonhttps://www.blogger.com/profile/01434465858419028592noreply@blogger.comtag:blogger.com,1999:blog-2499715909956774229.post-48787269518327584902011-03-23T08:33:17.986-07:002011-03-23T08:33:17.986-07:00Williamson is good but I wish he would do a chapte...Williamson is good but I wish he would do a chapter on multi-sectoral model like Long & Plosser at a level accessible for undergrads.<br />With all the talk about structural issues right now, it would be very helpful to have a reasonably rigorous presentation.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-2499715909956774229.post-323310747161934232011-03-23T08:21:31.913-07:002011-03-23T08:21:31.913-07:00This is completely off topic, but apparently your ...This is completely off topic, but apparently your textbook is quite popular:<br />http://www.econjobrumors.com/topic/which-undergrad-macro-book-do-you-teach-with<br /><br />"Williamson, which is the closest you can get to macro from this century."<br /><br />I think I'll consider switching. The old-Keynesian timewarp that is undergraduate macro teaching has never really sat well with me.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-2499715909956774229.post-72123928750987715462011-03-23T06:55:26.212-07:002011-03-23T06:55:26.212-07:00Never heard of that before, but great reviews at a...Never heard of that before, but great reviews at amazon. <br /><br />*adds to wishlist*vimothynoreply@blogger.comtag:blogger.com,1999:blog-2499715909956774229.post-32620357027001103182011-03-23T06:31:30.217-07:002011-03-23T06:31:30.217-07:00Thanks for the tip. Another good read is Levon Hel...Thanks for the tip. Another good read is Levon Helms's "This Wheel's on Fire."Stephen Williamsonhttps://www.blogger.com/profile/01434465858419028592noreply@blogger.comtag:blogger.com,1999:blog-2499715909956774229.post-27429127046107899972011-03-23T06:18:12.551-07:002011-03-23T06:18:12.551-07:00Greil Marcus wrote a brilliant little book about t...Greil Marcus wrote a brilliant little book about this a few years ago called "Like a Rolling Stone: Bob Dylan at the Crossroads". Marcus is probably America's greatest living music journalist; his writing transcends journalism like Dylan transcends music. If you're a fan of either it is highly recommended...vimothynoreply@blogger.comtag:blogger.com,1999:blog-2499715909956774229.post-18429274143513214882011-03-23T04:51:31.769-07:002011-03-23T04:51:31.769-07:00Anonymous,
No, I think it is that too. Ask McClos...Anonymous,<br /><br />No, I think it is that too. Ask McCloskey.<br /><br />Luis,<br /><br />I think the so-called "hard" sciences actually aren't as hard as the hard scientists would have us believe.Stephen Williamsonhttps://www.blogger.com/profile/01434465858419028592noreply@blogger.comtag:blogger.com,1999:blog-2499715909956774229.post-44356239654233530682011-03-23T03:00:58.396-07:002011-03-23T03:00:58.396-07:00economix is not hard science. It is the reason I´m...economix is not hard science. It is the reason I´m economist. If it were, I cannot be economist.www.MiguelNavascues.comhttps://www.blogger.com/profile/00880006105532291958noreply@blogger.comtag:blogger.com,1999:blog-2499715909956774229.post-62927998918442073452011-03-23T02:57:53.443-07:002011-03-23T02:57:53.443-07:00hahahahahaha, very good!... Bob Dylan is my little...hahahahahaha, very good!... Bob Dylan is my little god.www.MiguelNavascues.comhttps://www.blogger.com/profile/00880006105532291958noreply@blogger.comtag:blogger.com,1999:blog-2499715909956774229.post-41943370757274433862011-03-22T20:49:31.706-07:002011-03-22T20:49:31.706-07:00I thought economics was science .. not one of the ...I thought economics was science .. not one of the beaux arts.Anonymousnoreply@blogger.com