The 2 videos are designed to convince you that the Austrians’- economic predictions are more accurate.
The first video has an intro in French, sorry for that, but the rest of the video is in English (with French subtitles).
Keynesians’- forecasts (featuring Ben Bernanke and Paul Krugman) vs. Austrians’- forecasts (featuring Ron Paul and Peter Schiff):
Brian Caplan tweeted that the GMU prof was wrong and the MIT prof was right. Is that your personal view? I am not impressed by the futuristic MIT gadgets, as they won’-t necessary correspond to people’-s needs. Hence, I don’-t buy their argument that the real problem is not being capable of “-keeping up”- with the pace of technology. We don’-t care about technology we don’-t need.
[Download this post to watch the video, if your feed reader does not show it to you.]
Higher incentives lead to worse performances:
For cognitive tasks: AUTONOMY + MASTERY + PURPOSE.
2010 Economics Bloggers Forum
Hosted by the Kauffman Foundation
8:30 a.m. Welcome by Tim Kane
8:45 a.m. Keynote Speech by David Warsh
9:30 a.m. Panel 1 – Great Recession: Impact on America’s Future?
Paul Kedrosky, Bob McTeer, Megan McArdle, and Mark Thoma
1:00 p.m. Persuasion and Norms by Paul Romer
1:30 p.m. Panel 2 – Is Growth a Mystery? Haiti, Afghanistan, Africa…-
Tim Kane, Alex Tabarrok, and Allison Schrager
2:45 p.m. Panel 3—U.S. Fiscal Mess: How Does It End?
Robert Litan, Donald Marron, Ryan Avent, Ken Houghton, and Mike Shedlock
3:45 p.m. Closing Remarks by Carl Schramm, President and CEO, Kauffman Foundation
VIEW WEBCAST at
Webcast begins Friday March 19, 2010 at 9:30 a.m. –- 5:00 p.m. EDT
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David Thesmar is a man of minutiae. He runs a website at his glory that lists any paper, book or editorial he has penned. Except for one.
Our French smart ass co-wrote an Op-Ed in July 2007, titled, “-The mega-crash won’-t happen”- [PDF file]. Just everything in it was wrong, as the authors were defending the same rotten financial mechanisms and lack of regulations that generated the 2008 financial crisis.