History
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@INET Berlin: Decisions
Apr 12, 2012
A suprisingly large number of talks refer to the issue of human decision making.
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Paradigm Lost
PlenaryNew Economic Thinking 2012
Apr 12–15, 2012
The Institute joined the Centre for International Governance Innovation, and the Mercator Research Institute on Global Commons and Climate Change in hosting its third-annual plenary conference in Berlin from April 12-15, 2012.
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Conference paper
Change and Expectations in Macroeconomic Models: Recognizing the Limits to Knowability
Apr 2012
In modern economies, individuals and companies engage in innovative activities, discovering new ways to use existing physical and human capital, and new technologies in which to invest. The institutional and broader social context within which these activities take place also changes in novel ways.
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Conference paper
Sovereignty Effects
Apr 2012
With my remarks today on financial markets and the financial crisis, I do not make any claims to originality. Rather, they are intended as a reminder of certain circumstances that are already familiar to us, in one form or another.
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Which Way Forward? Reflections on Global Turmoil and the Role of Markets, Governments, and Civil Society
Apr 11, 2012 | 09:20—11:30
The global economy is in turmoil. Societies are unstable and not anchored by faith in the system or social order.
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What Can Economists Know? Rethinking the Foundations of Economic Understanding
Apr 11, 2012 | 11:00—02:00
The economics profession stands on the fragile foundation of presuppositions adopted by professional agreement rather than as a result of empirical observation.
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Challenging the Foundations of Economic Thinking
Apr 11, 2012 | 06:25—07:45
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Paradigm Lost
Apr 11, 2012 | 09:15—10:15
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Welcome Remarks
Apr 11, 2012 | 07:00—07:25
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Asking questions about paradigms and INET
Apr 11, 2012
Dinner has already rolled around on what has been a quick day.
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Blogging Live from Berlin - Any Requests?
Apr 11, 2012
Just wanted to let you all know that amongst the distinguished, distinguishable and disturbing people at the INET conference we have inserted ourselves in the middle to do some interviews, attend talks and blog about what is going on.
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Economics as a doctrinal discipline
Apr 11, 2012
In science, empirical disciplines such as physics, chemistry, history, and parts of sociology and political science, reason from facts.
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From 1000AD to 1970 the History of World Trade is Based on Fact, After 1970, Fiction?
Mar 28, 2012
Having just started Findlay and O’Rourke’s mammoth history of world trade in the second millenia, I have been struck by a strange incongruity
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UK Budget Appeals to Adam Smith's Approach to Taxes... Sort of
Mar 22, 2012
Yesterday the Chancellor of the Exchequer (or UK ‘finance minister’) gave his annual budget speech where UK fiscal policy is set for the coming years.
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The Dynamics of the Chicago / MIT Dispute (in the Archives)
Mar 4, 2012
In his notorious “How Did Economists Get It So Wrong” NYT article in 2009, Paul Krugman relied on the freshwater/saltwater distinction to explain that the economists’ inability to predict and solve the current economics crisis was due to the fact that MIT/Harvard economics lost their long dispute against their Chicagoan counterparts.