kai 的个人资料Jackieconomics照片日志列表更多 工具 帮助
3月10日

Who should you pick as your PhD advisor (ZZ)

 
 
"选一个有名的,可以帮忙找工作的;一个有时间的,可以具体指导的;一个当工具的,
数学和应用不懂可以问的;一个tough的,可以把关idea确保有发表潜力的;一个温柔
的,可以平常诉苦的。当然,如果有教授几样功能同时具有那就一定选上。....."
3月3日

Fed Chief Says

 
 
 
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That's because you guys made them to.
3月1日

from mankiw's blog

 
Ronald Reagan’s inaugural address states that “government is not the solution to our problem; government is the problem.”
2月3日

Robert Lucas' advice for graduate students

 
"Hang around with  ...., idealistic people. ...... Avoid careerists. "---- Robert Lucas
1月29日

Krugman got lost in the Nobel prize

Krugman on Equilibrium Macro

Paul Krugman disses a large class of macroeconomists:
Economists who have spent their entire careers on equilibrium business cycle theory are now discovering, in effect, that they invested their savings with Bernie Madoff.
It is funny. I have a similar pedigree as Paul. Both of us have PhDs from MIT, and we learned a lot of our macro there. Both of us see the world through the lens of the Keynesian framework (by which I mean the IS-LM model, etc.) But we have very different perspectives on the equilibrium business cycle theorists.

The difference may reflect our research paths. Most of Paul's research has been in international economics, and throughout his career, he could easily ignore equilibrium business cycle theory. By contrast, I have done a lot of work on "new Keynesian economics," which tries to fix the flaws in the Keynesian model that the equilibrium business cycle theorists pointed out. Perhaps that work has given me more appreciation for their contribution, as well as for the defects in the Keynesian worldview. When I teach graduate-level macro, no one shows up on my reading list more often than Robert Lucas, the father of equilibrium macro.

In my view, the intellectual framework created by Lucas and Ed Prescott needs to be taken seriously by students of modern macro. I think they both richly deserved the Nobel Prize. And I hope they did not invest any of their winnings with Bernie Madoff.
10月17日

Capitalism at bay

 
"This week Britain, the birthplace of modern privatisation, nationalised much of its banking industry........"
10月13日

Nobel....

Barro???
10月11日

business cycle

 
 
西方30年抽一下一抽15年,中国300年抽一下,一抽150年 (zt)
9月28日

Capitalism is down!!

 
 
 
 
美国的领导同志们和中国乡镇干部一个觉悟:  一个行业犯错, 拉着全部老百姓一起买单.
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Talking about 理想

 

Quote

理想
 
郑钧说, “理想”就是“你相信,而别人不相信的东西”(妈的, 我有好多理想...)

Western "catching up" Chicago

 

Quote

Econ School drop-out

可能是起源于芝加哥的经济系, 淘汰制成了现在大多数经济系潜规则。 对博士一年级或二年级学生进行综合考试, 不合格就被开除。 因此就有了 Econ School Drop-out. 因此也就有了下面这首歌。

根据各自的传统, 淘汰率从0% 至 50%+  不等。 据说芝加哥经济学一直坚持开除50% 左右的 人。 而像附近皇后大学的经济系就很少开除人。 我的经济系号称要像芝加哥学习, 所以淘汰率也是颇高。 记得刚来的时候班里有11人, 除了一个主动离开, 另外有三个在一年后被开除了。 一个魁北克人回到了蒙特里尔, 一个日本哥们回到了东京,最可惜的是一个墨西哥美女,据说已经回到了她前男友的怀抱。这首歌...

 

    

5月9日

Sweet! Today it's my birthday!

 
 
  
5月6日

Clinton抓狂了

 
5月5日

心无杂念

 
"我成功的原因是... 我心无杂念..."  ---李宗盛
 
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怪不得成功这么难,  我这个酒肉和尚要心无杂念真是很难...
5月1日

Bill Clinton on Tony Blair

Tony Blair

By Bill Clinton

When my friend Tony Blair stepped down as U.K. Prime Minister last year, I advised him to take some time off with his family and make a list of the issues he felt passionately about and that he could continue to pursue. It was the least he had earned after a decade of modernizing his country's economy, making the U.K. one of the few nations to reduce their greenhouse-gas emissions more than required to meet their Kyoto target and leading the G-8 to historic commitments to support Africa and fight global poverty.

Tony listened to my advice graciously but ignored it completely by immediately accepting a new job as Middle East envoy for the Quartet. I have always admired Tony's willingness to wade into troubled waters. Ten years ago, he did a masterly job in helping to end 30 years of sectarian violence and broker a lasting peace in Northern Ireland. Now he is demonstrating the dedication and intensity to promoting economic opportunity in the Middle East, learning from his Irish experience that showing the concrete benefits of peace can play a crucial role in making a just and lasting peace possible.

Tony, 54, also knows that even the benefits of an enduring peace in the Middle East and the dramatic reductions in terrorism it would bring could be wiped away if we don't save the planet from the worst consequences of global warming. So he has taken on another big challenge: shaping a new global agreement to cut carbon emissions. Because my foundation is involved with projects to reduce greenhouse-gas emissions in more than 40 large cities on six continents, I know how important and difficult Tony's work is, and I look forward to the visionary leadership he will bring to it.

As his friend, I hope Tony finds fulfillment in advancing the public good as a private citizen. As a member of our interdependent global community, I thank him for not taking a day off when we need him the most.

Clinton, the 42nd U.S. President, runs the William J. Clinton Foundation