Another Friday – and more interesting links from your EJ[1] Giorgi.
1. David Glasner along with Paul Krugman discusses, whether Milton Friedman was really a closet Keynesian. What a pity Freud didn’t live to see this discussion. 2. Interesting link from Michael Fuenfzig – would Georgians really save more if the Georgian language didn’t have an explicit future tense? I doubt that – we already live as if there is no tomorrow! 3. Mark Perry shows once again that markets can be in everything – this time he discovers professional line-stan...
ISET Economist Blog
A blog about economics in the South Caucasus.
Mar
30
Mar
23
End of the week –and a fresh serving of interesting links from economist bloggers and blogging economists.
1. Joe Weisenthal from the Business Insider tells us how Ben Bernanke murdered the gold standard – and good riddance too! 2. Nice infographics from Turbotax on the history of taxes in the US. 3. Econbrowser discusses the prospects of the Eurozone crisis. 4. Michael Sandel talks about market thinking from an unusual point of view. Quite illuminating, in a way. 5. The Free Exchange blog explains (or tries to explain) ...
Mar
16
It’s Friday – so it’s time for a new portion of interesting links from around the world of EconoBlogs.
1. Our already regular contributor Michael Fuenfzig informs us that TEDx talks at Tbilisi State University are now available on Youtube. Interesting and important news for anyone who knows what TED is. And if you don’t – a good opportunity to start. 2. Brad DeLong has an interesting post on how far the US Treasury borrowing could go, before it actually becomes harmful for the economy. The answer, conditional on the present economic conditio...
Mar
13
I know. I know that I know. For as long as human race existed, knowledge embodied power. In the life of a society, however, what becomes even more important is the fact that we share certain knowledge with fellow human beings, and that we, moreover, are aware of each other’s knowledge. This special type of awareness is termed common knowledge: I know that you know that I know that you know - and so on to infinity.
In theory, common knowledge is surprisingly hard to achieve. One of the classic examples is the Coordinated Attack Problem, where two armies n...
Mar
09
It’s been around a week since the first weekly brief was posted on the ISET blog and it’s time for some new links.
1. Courtesy of Michael Fuenfzig we have a quite interesting info on the new initiative of the Georgian government in relation to the Georgian diaspora and some diverse opinions on whether it will or will not work. 2. For all of you who love football (real one, not the egghand) – The Economist Free Exchange blog explains the economic reason behind the Spanish domination of recent years. And we thought it was down to just little Leo Mess...
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