URL: Latest posts
Confusion about feedbacks
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Dear reader,pay attention when you talk about feedbacks.If you want to talk about feedback meant as reward, a positive feedback is a reward a negative feedback is not.If you want to talk about feedbacks in the context of loops, the positive feedback...
Using python programming language for modeling economics
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I have just read this interview to Sheila Dow about her book on methodology on economics. Even if I am not an economist and I just read a bit of Popper on methodology I almost totally agree. I would just add a couple of points to her words.The first...
QE in a simple pythonic recursive function
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NOTEthe core assumption of this model, which is embedded in this line of codeself.unemployment_qe_ratio = MH.MeasuredQuantity(4, people) / MH.MeasuredQuantity(10, usd) or in this oneself.economy.unemployment -= (self.economy.unemployment_qe_rati...
Market counter-evolutionary pressures to technological innovation
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A simple comment left on the g+ stream of a friend of mine:I perfectly agree. I think it's something deeper at work here. In this society based on continuous innovation, there are very strong incentives for any tech company (and not only them) to pro...
Considering moving to google plus
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In the last few days I started using google plus massively. I had been there, with my real name (not just the violet pseudonym) for almost one year, but I never used it massively. I think the main reason was that I didn't understand how to use it pro...
Institutions are not thermodynamic systems
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Immaterial infrastructures like institutions are not thermodynamic systems, as it is a car for example. And the reason it's quite simple: they're immaterial, as I said.It seems the question was so obvious that nobody answered me :)If we feel tha...
Are institutions thermodynamic systems?
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I had an exchange on twitter with @noahpinion on this topic. Even if his knowledge about thermodynamics is better then mine (well, that's not so difficult!) I still feel unsatisfied. The whole discussion revolved about the "micro-foundations" of ther...
Thermodynamic II and ice sculputers
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Some processes are reversible, some not. Some changes proceed gradually, some changes accumulate unnoticed for a while and then manifest dramatic effects all of a sudden.For example, let's take water. When we start heating a pot of water initially it...
Reforms? Which are these mythical reforms? Let's start calling them by their names
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Which are the mythical reforms that Germany did in the years before the crisis? Which are the mythical reforms that the periphery should be applying now? Which are the mythical reforms that each country under Troika program, or in spread trouble, is...
The moral hazard of the German establishment
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The German establishment is playing a game. Every time Greece political path seems to diverge from the route established in Germany, the German establishment starts rising the pressure with more or less explicit threats of expulsion from the euro zon...
The Big Bad Loop, not only banks but media!
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It seems economists, at least those interested in understand the crisis in Europe and earnestly committed to find a solution to it, reached a consensus about the fact that the vicious loop which brought sovereigns to buy bank debts and banks to buy s...
European economists who blog
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Well, an other list, personal note... with a kind of wish list... the country is that (supposed to be) of origin not that where they're working, as far as I understood.I will keep updating this list, also my twenty-five readers can make sug...
Mapping European economic-policy think tanks
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This post is a kind of personal, but public, list of "enriched" bookmarks of European think tanks I stumble upon. It could keep growing in the future if I find other relevant think tanks.I have divided the list in two fields according to this basic d...
European Banking Union in less than 300 words
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I think the best synthesis on the banking union I have ever read till now. From the document: Breaking the Deadlock: A Path out of the Crisis, by 17 economists from different European countries pooled together by the INET Institute.Financial int...
Labour market union, cross-border worker mobility and yellow cards
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The 6th among the nine enhanced cooperations I've proposed here was labelled "labour market union".The rational behind this kind of enhanced cooperation is to increase cross-border labour mobility. Increasing intra-European cross-border lab...
Some considerations about agency centred model of enhanced cooperation as a general model for further European integration
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In my previous post, from which the present one have been extrapolated and elaborated, I have exposed an example of what could become a general model for enhanced cooperations.This model is based on three main pillars: the European citizens who direc...
How to set up a Union of Excellence for European research
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Among the nine proposals of enhanced cooperations drafted in this post of mine, I have briefly talked about a "Union of Excellence", now I am going to give more details about it.Very selective criteria for choosing the institutes to be admi...
Beyond Banking Union: 9 enhanced cooperations for saving the EU
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General political principles about these enhanced cooperations1. We should break the taboo that we cannot have a multi-speed Union. There's nothing intrinsically bad in this kind of approach, it depends on the circumstance and the present one calls f...
