Top 200 Influential Economics Blogs – Aug 2013 | Onalytica Indexes. It's been several months since we published our last ranking of influential economic blogs. Below is an updated list of the top 200 economic blogs, ordered by their Onalytica Influence Index. An explanation of the methodology can be found in our previous post on influential economic blogs. We report the same metrics as before: Onalytica Influence Index, Popularity and Over-Influence. Influence Index is the impact factor of blogs, similar to the impact factor of academic journals; Popularity measures how well-known a blog is amongst other economic blogs, and Over-Influence seeks to capture how influential a blog is compared to how popular it is.
Please see this post for a more detailed explanation of our methodology. There are quite a few new entries in the list as a results of our growing underlying corpus of economic blogs from which the most influential ones are calculated. Please feel free to get in touch if you have any questions for us. Complete List - The 25 Best Financial Blogs.
.DougSaunders. Next New Deal. (Wonkish. Part One of Two. This part covers theory, part two some data.) Can the number of people quitting their jobs tell us anything useful about slack in the labor market? No. At most, it tells us to focus even more on the stuff we already knew to be watching. Evan Soltas has argued that the rate at which people quit their job tells us all we need to know about the unemployment rate, in particular how likely it is that the long-term unemployed and people who have left the labor force could be brought back into the labor force. As a reminder, there are currently 2.5 million Americans who want a job but aren’t looking, and as such are counted as “marginally attached to the labor force” instead of unemployed.
We should distinguish between what quit rates can tell us about the employed and what they can tell us about the status of the unemployed. Under Soltas' view, quits make it more difficult for the existing unemployed to find jobs by increasing unemployment. Vacancy Chains.
Kleingut Griechenland. Economistsview. Macro business. Doug Short. .Rajiv Sethi Invincible Markets Hypoths. There has been a lot of impassioned debate over the efficient markets hypothesis recently, but some of the disagreement has been semantic rather than substantive, based on a failure to distinguish clearly between informational efficiency and allocative efficiency. Roughly speaking, informational efficiency states that active management strategies that seek to identify mispriced securities cannot succeed systematically, and that individuals should therefore adopt passive strategies such as investments in index funds.
Allocative efficiency requires more than this, and is satisfied when the price of an asset accurately reflects the (appropriately discounted) stream of earnings that it is expected to yield over the course of its existence. If markets fail to satisfy this latter condition, then resource allocation decisions (such as residential construction or even career choices) that are based on price signals can result in significant economic inefficiencies. Mr. Update (2/16). The Big Picture » Blog Archive » Letter from Chicago: F. In a post yesterday, my west coast pal Paul discusses how the Chicago School of Economics Circling the Theoretical Drain: “In the current issue of the New Yorker there is an alternatively depressing and fascinating piece (Letter from Chicago) by John Cassidy about how the Chicago School of economics – monetarism, rational expectations, efficient market theory, etc. – is circling the theoretical drain.
While some economists are abandoning the faith, many are not, and the result is, as Cassidy says, much like what happened in cosmology with Edwin Hubble discovered the expanding universe: Economists have lost their footing and are engaged in everything from rear-guard actions to active peer denunciations, and pretty much everything in between.”
It reminded me of an amusing but true tale of Economics from College. When I started my undergraduate work, I was a double major in Applied Mathematics & Physics. Both disciplines are based upon building blocks of logic, reason, and discipline. Young Rewired State | The Guardian Open Platform | guard. Just over fifty 15-18 year olds descended on the Google offices in Victoria for Young Rewired State this last weekend. Rewired State had drawn them there with this query: Fancy hacking the Government into shape? Want to create websites and applications that can help you, your school, town, country or the world? They came from across the country and worked so hard over two days using the data on Rewired State's data page, the Guardian data - and whatever else they could get their hands on.
By the end of the weekend, they had created 16 applications and presented them to a room full of government, press, Googlers and those really interested in what they did. Some of these are available to view in the list of Rewired State projects from the first two hackdays. We're indebted to Stefan's Public Strategy blog to do what the ever busy Rewired State volunteer team didn't have the chance to do - to catalogue the hacks and awards! Four prizes were awarded: Movement for a Democratic Mixed Economy. Why social finance, and part. In the fourth of a series about innovation in banking, it’s worth looking at the business models of the new entrants who are trying to disrupt this space and pose the question: are they sustainable? Zopa, Prosper, SmartyPig, Wonga, Mint, Wesabe and the many other new entrants into finance hoping to leverage the promise of Web 2.0 technologies and social networks: can they last?
The timing of this piece is particularly appropriate as fellow blogger James Gardner puts forward the banker’s view that many of these firms are not creating new demand or targeting new customer groups and therefore are not sustainable. The discussion began a week ago in fact, when Zopa posed the view as to why they are necessary and, in fact, are needed by banks: “Could Zopa become the first real competitive pressure banks feel to put their customers more at the centre of what they do?
James, who works for a bank by the way, responds: “Zopa rely on credit scoring, just the same as banks do. And they are sustainable.
@AusMMT @Senexx. .maxineudall. Billy blog. Nakedcapitalism. @wonkmonk_ @webisteme. @went1955. Economonitor. John Quiggin. .Brad Fidler. .Stubborn Mule. In the wake of the singularly unproductive COP15 Climate Change conference in Copenhagen, I have been reflecting on the polarisation of views on climate change along political lines. Whether or not human activity is leading to climate change is a question of scientific fact: it is either happening or it is not. So knowing someone’s politics should not help to predict their attitudes towards climate change, and yet it does. It is not conclusive of course. Most people do believe that climate change is occurring and this includes people of a full range of political views. But, climate change skeptics seem to sit overwhelmingly on the right side of the political spectrum, while those most concerned about the effects of climate change are largely left of centre.
Some would offer conspiracy theories to explain the dichotomy. Whether or not any of these theories are plausible, they are ultimately inadequate to explain the degree of left/right polarisation in the climate change debate. Pen and Parchment: Drawing in the Middle Ages « arkinet. Opicinus de Canistris (1296–ca. 1354) – Diagram with Crucifixion The exhibition Pen and Parchment: Drawing in the Middle Ages presented a great collection of drawings done in between the 9th Century and the 16th Century.
The earliest drawings in the exhibition, the initials in the Corbie Psalter, date to around 800, when draftsmen understood the power of the drawn line. Opicinus de Canistris (1296–ca. 1354) – Cathedral of Pavia Incipit Page for Gospel of Luke – From the Morgan Gospels About Architectural Drawings, we can read: “The so-called Strasbourg Plan A1, seen below, offers an exquisite example of medieval architectural drawings, which are rarely accessible to anyone, including scholars and researchers.
Façade of Strasbourg Cathedral (“Plan A1”) – Strasbourg, France, 1260s “It was more than pen and ink that I wished to find when I approached the framed drawing for the first time. Byrhtferth’s Diagram; Computus Diagrams – From the Thorney Computus Like this: Like Loading...