tag:blogger.com,1999:blog-5145200404704322540.post3572404764862489979..comments2023-10-11T06:50:10.494-04:00Comments on The Glass-Bottom Blog: Animal Spirits, Vegetable MathZedhttp://www.blogger.com/profile/10623092831367861959noreply@blogger.comBlogger4125tag:blogger.com,1999:blog-5145200404704322540.post-30764948682379266112009-05-12T18:03:00.000-04:002009-05-12T18:03:00.000-04:00I'm reading that review now. It's really striking ...I'm reading that review now. It's really striking that such brilliant guys apparently don't realize how bad their arguments are when they step outside their narrow topical comfort zone.<br /><br />It's actually genuinely weird to me.Grobsteinhttps://www.blogger.com/profile/05964699430818239961noreply@blogger.comtag:blogger.com,1999:blog-5145200404704322540.post-12602206648333683982009-05-12T11:32:00.000-04:002009-05-12T11:32:00.000-04:00Yeah, I agree. On the other hand, it's reasonable ...Yeah, I agree. On the other hand, it's reasonable to claim that standard theory is sufficiently far off in its predictions -- e.g. Newton's laws without friction are a terrible way to describe motion in viscous fluids -- that it's entirely irrelevant.Zedhttps://www.blogger.com/profile/10623092831367861959noreply@blogger.comtag:blogger.com,1999:blog-5145200404704322540.post-8188330649877522942009-05-11T21:15:00.000-04:002009-05-11T21:15:00.000-04:00Arguing that certain behavioral facts need to be r...Arguing that certain behavioral facts need to be recognized, rather than about how to implement them, also creates a convenient straw man: the economist who doesn't know that behavioral features are missing. But it's a useless critique when the real problem is that nobody knows how to incorporate behavioral insight in a consistent and useful way.Anonymoushttps://www.blogger.com/profile/09301882989362772505noreply@blogger.comtag:blogger.com,1999:blog-5145200404704322540.post-14225333085263360552009-05-10T21:57:00.000-04:002009-05-10T21:57:00.000-04:00Macroeconomics has usually been the shortest route...Macroeconomics has usually been the shortest route from economics to power.<br /><br />Yeah I agree that these are too-rarely acknowledged shortcomings of the behavioral economics "revolution."Grobsteinhttps://www.blogger.com/profile/05964699430818239961noreply@blogger.com