@Jackbmeyer With a straight face? Then my answer is, absolutely. It's the only of those texts still on my shelf after teaching micro over many years.
But it also embodies how little conceptual progress we have had since it was published 30 years ago and what's wrong with the discipline.
Local news hijack:
Liz Jones & Broken Windows and three great local acts live up the valley in Kinlochard village hall tomorrow night, final few tickets and going fast:
https://t.co/dTjq0RR0Nl
We're raising funds to help complete a 22 acre community land buyout
@S_Stantcheva@LSEnews Great lecture and contribution to the rapidly behavioral policy field, Coase would have approved of this broader perspective on economic method.
Economica though, not so much? Absence of papers built on his work or their celebration(not) of his paper in their outlet. #branding
@timricketts_ This is hairraisingly misleading, and the FT article actually points it out, albeit very meekly towards the end. Show me a single junior doctor in training whose take home pay has actually declined 25% over that period. I even grant you free choice of inflation correction.
@BloombergUK Crucially for UKs HE sector, @vonderleyen has confirmed this clears way for #horizon association agreement so thhat we can finally get back to business with our EU academic colleagues
@BretDevereaux Sorry for coming in sideways with an unrelated question: being new to this but keen to incorporate in my teaching, do any of these games allow for some of the dynamics of forming customs / free trade unions, in gameplay or context?
@and_joy_ @jmorenocruz @CleoCZ My favourite along those lines: you really want the basic principal agent model to be linear because tractability and how else could it ever become mainstream. So you cobble together a behemoth of multi-period random walk that in the limit turns out to be, wait for it, linear 😀
@sciencespo rip Bruno Latour, 1947-2022
The Edinburgh Gifford lectures in 2013 his most spectacular, but at his pithiest last year for the Kyoto Prize, from wine to Pasteur to the pandemic and back. Or, the best explanation of modernism, ever:
https://t.co/nxPJ4ETptB
@Ivan_A_Boldyrev@itaisher This reminds me of what a crucial addition @ErasmusJPE has become over the years to the journal portfolio of our fields of interest, a bit like JEM was to E&P 20y ago, but leveraged way beyond that through #openaccess
@sdjohns Yes - the way it's become used now there is so little positive or even neutral technical meaning left in that word that perhaps it should be dropped from responsible public discourse altogether.
Extremely excited about this one: the first "core" economics course on https://t.co/Ucw9n41YqG where students from low- and middle-income countries can participate for free and receive a grade!
"Microeconomic Theory" (BA level) with Dr. Marco Celentani at Universidad Carlos III
@OlgaStoddard It's fair to say though that by mid week we usually hardfork via kitchen whiteboard into various doodles of everybody's latest unilateral changes to agreed itineraries. Hayek lives!
@OlgaStoddard Like to think we use a mesh of shared calendars that in principle should keep various icals, outlooks and gcals in sync to appease divergent workplace needs (ok.. idiosyncratic preferences among the younger troops).