Governor Waller blames me for Fed weaknesses. Really?

In June, 2022, Governor Waller of the Federal Reserve spoke on monetary policy at the 2022 meetings of the Society for Computational Economics. After his session, I attended the FRB Dallas reception in the George W. Bush Library. I met Governor Waller and told him that the modeling methods used at the Fed were substantially […]

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Stanford Ex-Prez wishes he were an economist

At the end of August, 2023, Marc Tessier-Lavigne (MTL) resigned his position as President of Stanford University. Jerry Yang, Chairman of the Stanford Board of Trustees, summarized the situation in his July 19, 2023, statement. The Scientific Panel created to investigate MTL made had three conclusions. First, they “did find evidence that some members of

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