The Transcendent Differences of Politics

An article in The New York Times Magazine has a nice quote from a beltway insider about how politics works: ‘‘Diplomacy is about minimizing differences,’’ he told me. ‘‘ ‘Pol Pot and the Pope — surely there’s something they can agree on.’ A political campaign is exactly the opposite. It’s about taking a minor difference and blowing it up into something transcendent.’’ In my paper on mathiness, the human pattern of interaction that I set in opposition to politics was not diplomacy but science.

~2 minutes

An Indicator of Tribalism in Macroeconomics

Consider these two statements: The model in Lucas (1972), Expectations and the Neutrality of Money, made a path breaking contribution to economic theory. It is comparable in importance to the Solow model and the Dixit-Stiglitz formulation of monopolistic competition. The model in Prescott and Kydland (1982), “Time to Build and Aggregate Fluctuations," has no scientific validity. Next, consider these two statements: Einstein’s model of the universe based on his theory of General Relativity, made a path breaking contribution to theoretical physics, even though in his first application, Einstein built a model of a steady state universe.

~3 minutes

Research Meso-Tasks

As an experiment, I’d like to try working with people who can solve technical issues that arise in my research and policy work. At the moment, the types of expertise that would be most useful are: Programming with Mathematica Typesetting with Tex IT, including Linux server administration I’d like to organize work around specific tasks. As they arise, I will send out an email to a list and include a desired turn-around time.

~3 minutes

The Clinical-Bench Science Distinction in Macro

I had hoped to find time to offer a more thoughtful response to Simon Wren Lewis’s most recent comments on the way forward in macroeconomics but life is intruding, and I now I owe a response to Ray Fair (after I look at the work that he points to.) For now, I’ll go ahead with what I hope is a suggestion that could encourage some kind of consensus: Perhaps the discussion about macro would benefit from a distinction like the one in biomedicine between bench science and clinical work.

~7 minutes

Making Room for Whom?

The people who work in the global-development-consulting-complex seem to develop a hard-wired commitment to the containment paradigm: governments should contain the size of cities. This means that governments are supposed to create an artificial scarcity of urban land. It is then an arithmetic inevitability that vast numbers of people are needlessly deprived of access to the formal housing market. Solly Angel, who leads the Urban Expansion project at NYU, describes our alternative approach as the making room paradigm: governments should make room for all people who want to move to cities.

~3 minutes
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