When I got to my office last Friday, I saw that there was going to be an event in the room across the hall. I noticed that an individual in uniform was getting the room ready. I assumed that there was going to be a seminar presentation by one of Hoover’s National Security Affairs Fellows. […]
Why Can’t Economists Be More Like Officers in the US Military? Read More »
In the past two weeks, I have heard people argue that Putin has lost his mind, that his Covid isolation has warped his mind and that perhaps he is dying and wants to leave with a bang. While these conjectures may be true, I prefer to first analyze this from a “rational actor” point of
Is Putin crazy? Maybe, but he is certainly surprised Read More »
Richard Clarida presented “Monetary policy in open economies–Practical perspectives for pragmatic central bankers” at John Taylor’s 2014 conference “Frameworks for Central Banking in the Next Century” . The following is a cleaned up version of my comments and question to Prof. Clarida. The original transcript is at the end of this post. I’m Ken Judd
Clarida to Columbia students: Ask NYU professors for help Read More »
Today I received an email from the University of Chicago Research Computing Center entitled “Celebrating Ten Years”. The RCC Director is Birali Runesha whose welcome describes its goals. I want to extend my congratulations to RCC and Birali for their excellent work over the past ten years. I was a frequent visitor at the University
Congratulations to the RCC and Director Birali Runesha! Read More »
Like most economists, I like to ask questions in seminars and conferences. Sometimes the answers are quite informative. One interesting case was In November, 2017, I attended the Midwest Macroeconomics conference (https://editorialexpress.com/conference/MMMPitt/program/MMMPitt.html#block_detail_3). Xavier Gabaix was one of the plenary speakers. The tile of his talk was “Behavioral Macroeconomics” and he presented a paper titled “Behavioral
I ask a question, Gabaix insults everyone else in the room Read More »