Against Monopoly
defending the right to innovate
Financial Crisis
Monopoly corrupts. Absolute monopoly corrupts absolutely.
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We should all feel this bad
[Posted at 10/19/2009 07:38 AM by John T Bennett on Financial Crisis 
comments(1)]
Is Economics a Science
Not that whether or not economics is a science has much to do with monopoly, but since we've been discussing the crisis, and this arose out of Krugman's criticism of economics surrounding the crisis...I debated philosopher of science Alex Rosenberg on bloggingheads tv on this topic. As it happens Keynesian economic theory was tried and studied extensively for two decades. Not only is it falsifiable - it was falsified. So I guess for those of us who moved on economics is a science. For Paul Krugman for whom the evidence doesn't matter I suppose it is more akin to religion.
[Posted at 10/05/2009 11:50 AM by David K. Levine on Financial Crisis comments(1)]
Kemo Sabe
An elaborated response to Paul Krugman. And thanks to the commentators on the original post for helping me clarify my thinking about this.
[Posted at 09/18/2009 09:26 AM by David K. Levine on Financial Crisis comments(0)]
Catch 22
[Posted at 09/14/2009 07:32 AM by John T. Bennett on Financial Crisis comments(18)]
Speak for yourself kemo sabe
I seem to be getting overwhelmed with people asking about or commenting on Paul Krugman's article How Did Economists Get It So Wrong. Since we've posted on this blog about the crisis before, let me give a brief reply.
Dear Paul:
Who are these economists who got it so wrong? Speak for yourself kemo sabe. And since you got it wrong - why should I believe your theories?
Regards,
David
[Posted at 09/10/2009 12:58 PM by David K. Levine on Financial Crisis comments(19)]
Government, at your service
[Posted at 07/29/2009 08:32 AM by John Bennett on Financial Crisis comments(0)]
Doorknobs
[Posted at 06/28/2009 02:02 AM by John T. Bennett on Financial Crisis comments(0)]
Paul at Work
[Posted at 06/17/2009 05:30 AM by John T. Bennett on Financial Crisis comments(1)]
Oh those economists...
[Posted at 06/15/2009 06:00 AM by John T. Bennett on Financial Crisis comments(0)]
MBAs and Spreadsheets
[Posted at 05/23/2009 01:07 AM by John T Bennett on Financial Crisis comments(3)]
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