Posts Tagged ‘methodology’

Jose is a Rollins alumnus working on his PhD in economics at Colorado State University – Fort Collins.

He added a lot of methodological substance to my usual ramblings and gave us some really interesting things to think about in hopes of improving the sorry state of economics and the world.

We also had some technical difficulties figuring out how to connect to a phone but ended up getting pretty decent sound out of Jesse’s iThingy and a microphone (old school).

FINALLY: When I mentioned we got some hate mail on the blog, a guy named STUART called and said some nice things about the show–WE LOVE YOU STUART!

why-people-believe-in-conspiracies_1

I was still basking in the after-glow of a brilliant Smashing Pumpkins show last night but Jesse said to wake up and come speak truth to power so I said: Sir! Yes Sir!

BTW this was the 1st concert my wife Charlotte (http://secretofthefairies.org/) and our 2 kids (Thalia 11, Felix 15) went together ^_^

Corey Carroll come to help us out…

I’m sorry about the audio quality but things are falling apart around here >:/

Nassim Taleb exposing economists’ scientific fraud hidden behind mathematics

Nassim Nicholas Taleb posted this on FB:
We Can Start Exposing Economists:
I just finished a very rough draft of *Fat Tails & (Anti)Fragility* (~100 pages). 
https://docs.google.com/file/d/0B_31K_MP92hURjZxTkxUTFZnMVk/edit?pli=1
PART I provides a mathematical toolkit to detect anything that is bullshit in economic modeling (particularly macroeconomics), figure out which papers are flawed from a scientific standpoint, etc. When I mean flawed, it is on the basis that the math used impresses nonmathematicians but does not support the stated policy conclusions. 
So I start by putting one Karl Whelan “scientific” work under severe mathematical scrutiny. I select him to start as he worked with central banks, the perfect profile of the person supported by the taxpayer against the taxpayer’s own interests. I also had a disgraceful encounter with him and his macro peers on twitter.
Mr Whelan’s papers can be found here: http://ideas.repec.org/e/pwh23.html
We can progressively expose mathematized social science that way, as I am refining the text, adding words and examples.