I’m off to work with the CSIRO for a few days on modelling, and I may not be able to keep up with blog comments as well as I’d like to.
The calendar widget that I’ve added the the site recently (see the left hand side bar below the login section) is great, but has an annoying bug: it gets the date right, but the day of the week wrong.
I’ve recently added a Calendar widget to the blog–just below the login widget on the left hand side.
I will use it to maintain a calendar of upcoming public events–and also conferences where I am speaking–as well as media coverage, if I get enough notice of it. The widget is very well designed–days coloured red to indicate an activity; hover over a highlighted day to see a summary; click on the date to get full details.
There’s an interesting post on the Atlantic by Jim Manzi, Stimulus predictions: put up or shut up, that calls on economists who are making predictions about what Obama’s stimulus package will or won’t do to present their models on which these predictions are based.
In part, he says:
Today Tonight’s James Thomas put together “Changing Times”, an excellent program on what a Depression is like, and the danger that we may be facing one today.
Academics — and their mad theories — are to blame for the financial crisis. They too deserve to be hauled into the dock”
So begins Anatole Kaletsky’s essay in The Times for February 5 2009. He is spot on. Economic theory played a direct role in this crisis, by legitimising the deregulation of finance and encouraging the profligate lending of financial institutions. There is much more that is wrong with the theory that dominates academic economics–known as “neoclassical economics”–enough to fill several books. My Debunking Economics : the naked emperor of the social sciences was one such book; in it I tried to explain all the technical flaws in economic theory to a non-mathematical audience.
The Today Tonight segment has been delayed till this evening (Wednesday February 4th)–which is a pity in a way because I will also be speaking at a public forum tonight at Circular Quay organised by the Property Knowledge Forum: An excerpt from the promotional flyer:
ARE WE HEADING FOR A DEPRESSION?
Channel Seven’s Today Tonight is doing a piece on whether we might face a Depression, and if so what it might be like. It should go to air tomorrow–Tuesday February 3rd.
They have interviewed me for analysis, and Eric Aarons–who lived through the Great Depression and at 90 is still a dynamic sculptor and author.