A random physicist unlearning economics
I was on a livestream over at UE's place the other day
Now if I was more on the ball in terms of self-promotion, I might have sent something out on here before this happened instead of almost a week after. But then we also had been trying for a couple years to actually make this happen. Time is a human construct. Regardless, it’s still available to watch at your leisure.
There were some technical difficulties so the audio didn’t kick in until a little over two minutes in but that’s been removed in this version. I also misspoke and said “David Glasner’s macro book” when I actually meant David Romer’s (Advanced Macroeconomics). Hobi1 makes his presence known a couple times, too.
The cover illustration is hilarious.
See also:
https://bsky.app/profile/unlearnecon.bsky.social
https://www.youtube.com/@unlearningeconomics9021
https://www.youtube.com/@unlearningeconomicslive5019
Additional information: These are a few of the blog posts that I referenced for further reading — at least the ones I remember referencing. I will go back and watch again to maybe add a couple. If you spot any, leave a note in the comments and I will dig it up — new links added denoted with [*].
From the old blog:
https://informationtransfereconomics.blogspot.com/2014/07/if-physics-blogs-were-like-economics.html
(n.b. the above post was a reference to the original 2015 prediction; skeeted an updated version a couple months ago that shows when it finally gave up the ghost after seven years)
https://informationtransfereconomics.blogspot.com/2019/11/jobs-day-october-2019.html
(n.b. the above post shows the DIEM unemployment forecast in the head to head with the FRBSF forecast)
https://informationtransfereconomics.blogspot.com/2015/10/gary-beckers-emergent-rational-agents.html
(n.b. the above post is when I first talked about the Becker paper and also where I made my first “so complex as to appear random from an outside viewer” comment that I’ve taken to calling “inscrutable rationality” recently)
(n.b. the animations I refer to appear in the above post)
https://informationtransfereconomics.blogspot.com/2016/03/the-irony-of-microfoundations.html
https://evonomics.com/hayek-meets-information-theory-fails/
https://informationtransfereconomics.blogspot.com/2016/03/more-like-stock-flow-in-consistent.html
https://informationtransfereconomics.blogspot.com/2018/11/i-dont-trust-granger-causality.html [*]
(above link talks about granger causality and economic seismograms)
https://informationtransfereconomics.blogspot.com/2018/10/new-zealands-2-inflation-target.html [*]
From the substack:
Also I said I would try to remember a post where I connected to traditional economics and then never did. It was this post:
Audio only. He doesn’t appear on camera, so this is a visual aid:
If you're going to invoke the wrong David, Glasner is a fine candidate IMO. :)