& BRIEFLY NOTED: For 2021-12-14 Tu: First: Diane Coyle: Cogs & Monsters: ‘This book reflects my frustration with the straw men arguments [against economists]…. They have allowed economists to overlook or deny some things that are badly wrong with the discipline…. The need to assemble the building blocks available in much existing economic research into a benchmark framework appropriate to the digital economy, and to provide suitable policy tools reflecting the framework."...I find myself not so sure and not so optimistic as Dian... not about economics—the state of economics, at least where I sit here in Berkeley, is very, very good. And we are, retirement by retirement and RCT by RCT, gradually winning over academic economics to our view of how things are...
> Thus I am markedly less optimistic than is Diane, not about economics—the state of economics, at least where I sit here in Berkeley, is very, very good.
Y'all can't seem to come to grips with food security as an issue. We're getting pretty close to the decade agriculture fails enough that people die in large numbers. This isn't being priced in, which in turn implies the models only see money and not the world.
And let's not forget that having a billion or so starving people will lead to a big jump in warfare, including non-state terrorism, as refugees surge to the borders.
Re: ivermectin, any positive results of taking ivermectin could easily be from the placebo effect.
> Thus I am markedly less optimistic than is Diane, not about economics—the state of economics, at least where I sit here in Berkeley, is very, very good.
Y'all can't seem to come to grips with food security as an issue. We're getting pretty close to the decade agriculture fails enough that people die in large numbers. This isn't being priced in, which in turn implies the models only see money and not the world.
And let's not forget that having a billion or so starving people will lead to a big jump in warfare, including non-state terrorism, as refugees surge to the borders.