Lynne Kiesling There’s this really great outfit called Blue Moon Fiber Arts that makes some of the most gorgeous hand-dyed yarn for knitting that you can imagine; gorgeous yarn born out of the vision of one woman. I bought my first Blue Moon yarn, a variegated rayon in amazing shades of olive, a year and …
The Financial Risk Associated With Inducing Yarn Frenzy in Knitters Read More »
Lynne Kiesling Having a slow start this morning; I fear that I’m coming down with the stomach bug that has been making the rounds, most recently infesting the KP Spouse earlier this week. So I’m reading instead of writing this morning. In late December Economics Roundtable started a Topics section to collect posts on particular …
Lynne Kiesling OK, all of you who are teaching principles of economics right now, I hope you are paying attention to this incredibly timely unanticipated freeze in the Central Valley in California. This is a great classroom example of a leftward shift of a supply curve due to an exogenous weather event, and the consequent …
Lynne Kiesling Mark Thoma draws our attention to a recent Martin Wolf column in the FT, discussing complexity and evolution as a methodological framework for economic modeling and analysis. [M]ost [economists] must also know that the economy is not characterised by perfect foresight and equilibrium, but by trial and error and evolution. That was the …
Beinhocker Book on Wealth, Complexity, and Economic Theory Read More »
Lynne Kiesling Hey! John Tierney has a blog at the NYTimes to accompany his new gig as a Science Times columnist. He’s got, for instance, an interesting post with some behavioral economics insights into being a tightwad or a spendthrift. I tend to vascillate between the two, so I found this particularly interesting.
Lynne Kiesling I have my ideas, but instead you should read this outstanding and clear post from Jim Hamilton at Econbrowser. He does a superb job of analyzing the macroeconomic factors that intersect with other commodity market drivers.
Lynne Kiesling OK, I’ve changed the color scheme a bit and cleaned up a few things that had hindered, for example, trackbacks from registering. We’ll see if I’ve managed to fix it. I think the permalink and archive pages are also now a little more readable, although if anyone out there has some quick MT …
Lynne Kiesling This past weekend in his Dear economist column in the Financial Times, Tim Harford takes on the question of how to minimize free riding among roommates who share a refrigerator. Seven students share a house, but only three buy milk; the other four free ride on the others, with no repurcussions: Free riding …
Lynne Kiesling Steven Postrel is guest-blogging at Organizations and Markets. Steve teaches at the Cox School of Business at Southern Methodist University (and also happens to be Mr. Virginia Postrel). I look forward to his contributions to O&M! Steve’s first guest post tackles the question of “physics envy” in economics and the use of mathematical …
Lynne Kiesling I apologize in advance for tooting my own horn twice in a row; first Beckham and now this … Over dinner Friday night with the KP Spouse and a couple of old economist friends, one friend asked me what I would do in Iraq. I told him I would pay efficiency wages to …
Will the New Iraq Strategy Revive the Iraq Oil Trust Idea? Read More »
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