tag:blogger.com,1999:blog-4159906646513306121.post9040353639068994447..comments2023-11-19T20:38:50.237-08:00Comments on Economic Logic: The Harvard Economics Department's Nobel problemEconomic Logicianhttp://www.blogger.com/profile/10171296292101248614noreply@blogger.comBlogger10125tag:blogger.com,1999:blog-4159906646513306121.post-53158199604038568222012-12-15T08:18:23.294-08:002012-12-15T08:18:23.294-08:00The rumor from a conference in Stochholm this summ...The rumor from a conference in Stochholm this summer is that Barro, Lucas and Romer will get it for growth theory.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-4159906646513306121.post-82317540734135780382012-10-15T09:39:26.218-07:002012-10-15T09:39:26.218-07:00I landed here from Matt Yglesias' twitter feed...I landed here from Matt Yglesias' twitter feed, and let me tell you this is an awesome blog. I am going to waste my whole day on it.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-4159906646513306121.post-57925493140995229352012-10-15T08:36:38.410-07:002012-10-15T08:36:38.410-07:00Sen and Maskin had been at Harvard before winning ...Sen and Maskin had been at Harvard before winning prizes (and coming back). Harvard has a great record of people leaving after winning the prize (including Leontief and Kenneth Arrow (who was there when I arrived)).<br /><br />Ethics issues should not be related to Nobel prizes in the sciences, and economics should be a science (Heisenberg had some ethical issues too -- he said he would never have lied to Hitler to prevent him from making an Atomic bomb). Also Andrei's alleged ethical issues are utter total nonsense. They were not Harvard's main problem with the Moscow research thingy Andrei ran. Sure he settled (for pocket change) just to end the hassle. <br /><br />In the real sciences, Nobel prizes are awarded for theory only if the theory yields a striking prediction which is confirmed. <br /><br />Starting a field is a matter of fashion. Do you think that Stephenie Meyer (Twilight etc) should get the literature prize. She sure started a literature of teen vampire romance. Of course I am not saying the literatures started by Barro are at the same level (I much prefer teen vampire romances).<br /><br />I am fairly sure Barro knows his papers can be refuted. In the famous Ricardian equivalence paper, there are about 10 footnotes explaining why there isn't Ricardian equivalence. Hence 10 instant cites (actually 50). <br /><br />I once heard Barro tell Alberto Alessina "Sometimes a critical cite is worth more than a postivie one. I mean I'm must speaking from casual empiricisms heh heh." (This really happened). He knows what he is doing.<br /><br />Aonymous2. As you have looked at Barro's CV, I'm sure you know the topic of the first paper on it. IIRC it is about The structure of the BiChromate Chrystal. Roberthttps://www.blogger.com/profile/14455788499385673507noreply@blogger.comtag:blogger.com,1999:blog-4159906646513306121.post-54998162618306104152012-10-15T07:10:31.604-07:002012-10-15T07:10:31.604-07:00The Prize to Roth and Shapley is well deserved. No...The Prize to Roth and Shapley is well deserved. Note that Roth is still at Harvard, but on leave, and retiring from there at the end of the year.<br /><br />And, Vilfredo, yes, Roth is a riot.Economic Logicianhttps://www.blogger.com/profile/10171296292101248614noreply@blogger.comtag:blogger.com,1999:blog-4159906646513306121.post-62966035783617554332012-10-15T04:47:13.066-07:002012-10-15T04:47:13.066-07:00EL, congrats on calling Rioth leaving the Harvard ...EL, congrats on calling Rioth leaving the Harvard Nobel curse!Vilfredonoreply@blogger.comtag:blogger.com,1999:blog-4159906646513306121.post-60557434315449740302012-10-15T04:41:06.456-07:002012-10-15T04:41:06.456-07:00so what's now? The official affiliation for Ha...so what's now? The official affiliation for Havard as presented by the committee was (rightfully) Harvard. But Roth even answered "when I got the call it was pretty dark here in California", being now at Stanford...Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-4159906646513306121.post-26792320207382363572012-10-14T16:09:27.549-07:002012-10-14T16:09:27.549-07:00Have you ever opened Barro's CV? It's not ...Have you ever opened Barro's CV? It's not Barro the Harvard professor who can't publish outside the QJE. You should look somewhere else for that! Most of Barro's contributions are not in the Harvard Newsletter, but in AER, JPE and Econometrica. Idiot. Read something before trashing people online. Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-4159906646513306121.post-22688681785986069002012-10-14T13:09:03.851-07:002012-10-14T13:09:03.851-07:00Except Barro's contributions have been disprov...Except Barro's contributions have been disproved rather quickly. Were it not for the Harvard Newsletter, Barro would never have enjoyed the visibility he has. Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-4159906646513306121.post-79387257820586413712012-10-14T09:41:34.237-07:002012-10-14T09:41:34.237-07:00Economiclogic, seminal contributions are those whi...Economiclogic, seminal contributions are those which start a new field, not those which are never disproven. And most of Barro's are major contributions, that's why they were so influential. Every major contribution has been disproven or generalized sooner or later in science. That's how science advances, and that's not a reason for not giving a Nobel.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-4159906646513306121.post-31346686594938212592012-10-14T08:57:32.882-07:002012-10-14T08:57:32.882-07:00Eric Maskin is also at Harvard. He was at Princeto...Eric Maskin is also at Harvard. He was at Princeton when he won the Nobel Prize, thoughAnonymousnoreply@blogger.com