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 Post subject: Hail Tyler Cowen!
PostPosted: Thu Oct 21, 2010 7:27 pm 
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Try not to let your head explode, Khross. :D

Tyler Cowen is under-appreciated....But we {economists} all read Marginal Revolution. And we all know that Tyler is smarter, broader, more knowledgeable, more intuitive than most of us and our colleagues. If he wanted it to, his CV could run circles around ours....And it deserves to be made public: Tyler Cowen is a great economist.


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 Post subject: Re: Hail Tyler Cowen!
PostPosted: Thu Oct 21, 2010 7:28 pm 
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Commence Primary Ignition
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He has a conventionally-powered aircraft carrier?

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PostPosted: Thu Oct 21, 2010 8:31 pm 
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Has a plan
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Tyler Durden is cooler

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 Post subject: Re:
PostPosted: Fri Oct 22, 2010 12:01 am 
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Grrr... Eat your oatmeal!!
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Hannibal wrote:
Tyler Durden is cooler


Rule number 1... you do not talk about Econ Club.

yeah, that just does not have the same ring to it.

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PostPosted: Fri Oct 22, 2010 6:34 am 
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The Dancing Cat
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Intuitive would indicate leaps of logic no?

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 Post subject: Re: Hail Tyler Cowen!
PostPosted: Fri Oct 22, 2010 11:59 am 
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Tyler Cowen isn't as under-appreciated as he is over-stated and over-read. Attempting to position Cowen as a "thought leader" is generally laughable, considering his pedigree: Harvard stopped producing credible economists in the early 70s.

Actually, I'll be little more forthright. When it comes to macroeconomic issues, Cowen is about as credible was Paul Krugman, which is to say: not at all. He's politically invested in policy models that don't work. And that's rather ironic, because a lot of his serious research is micro-oriented; and a lot of it is very valid on the specific topics he's addressing. However, his expertise doesn't translate well to the aggregations and a-holistic policy models our governments use for a lot of reason. In fact, it's kind of fun to read academic papers where the broad implications of his research countermand the ideas he puts forth on his blog regarding government policy.

I think the problem here, that is here as in the Glade, is that most of you simply don't read enough economic papers or research to understand my criticisms. There are things Paul Krugman has written with which I agree, but they're few and far between. His work on economies of scale isn't exactly his own, and I do disagree with his Nobel Prize for work in the 70s done primarily by Robert Solow and a few others. But, even then Krugman's microeconomic foundations are weaker than Cowen's. By the by, the specific work that earned Krugman a Nobel Prize is too "mathy" to be verified in most cases.

Honestly, most economic studies have jumped. Which reminds me ...

How are you coming along on those books/papers?

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