Entries tagged "Roman Frydman"

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Kay on Havel, Orwell and the greengrocer

Human behavior is larger than any equation, more elusive than any cliché or slogan. Models, like slogans, may be useful but they are easily abused as the means so easily become ends. Continue reading

Posted on December 21, 2011 1:42 PM

Transactions: Oct. 31, 2011

Sashay past Zuccotti Park and the signs bob up and down like puppets. All Debt Is Evil followed by Where's My Bailout? next to End the Fed. A little confused? And the rest of world's not? Several weeks ago, as... Continue reading

Posted on October 31, 2011 8:00 AM

The Nobel and the debate over the markets

Several econo-bloggers and a columnist have emerged to raise questions about the Thomas Sargent and Christopher Sims choice for the Nobel; in each case they've mentioned 'Beyond Mechanical Markets' by Roman Frydman and Michael Goldberg. Continue reading

Posted on October 20, 2011 11:48 AM

The continuing critique of economics

Labor Day weekend looms. Let's roast a pig or cook a clam or whatever barbaric ritual involving fire and alcohol works for you. For beyond Monday lurks the Rest of the Year, which as we know, starts off in September... Continue reading

Posted on September 2, 2011 1:52 PM

Frydman and Goldberg's 'Beyond Mechanical Markets'

'Beyond Mechanical Markets' takes aim at a dominant macroeconomic impulse that, in popular terms encompasses the rational-expectations hypothesis. Continue reading

Posted on June 6, 2011 3:21 PM

Frydman and Goldberg's 'Beyond Mechanical Markets'

'Beyond Mechanical Markets' takes aim at a dominant macroeconomic impulse that, in popular terms encompasses the rational-expectations hypothesis. Continue reading

Posted on May 24, 2011 9:21 AM

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