Questions about the practical utility of Randomized Control Trials
I got a “revise and resubmit” for my paper on making economics more useful on the very day the Nobel
Read MoreJust completed case-history of Coronary Artery Bypass Grafting (CABG)
Srikant Datar, Fabio Villa, and I are happy (and relieved) to complete this case history on the evolution of coronary
Read MoreRe-reading Chandler’s Strategy and Structure
While preparing for for my practical knowledge seminar last week I saw something in Chandler that had been hiding in
Read MoreA Pragmatic Libertarian’s Angst about Immigration (Project Syndicate oped)
I am a staunch free-trader with strong but pragmatic libertarian leanings. I am also an immigrant (of “color” in the
Read MoreIn Praise of Market Volatility (WSJ Oped)
Talking heads on “financial” TV channels have always provided “infotainment” — information so blended with entertainment that you couldn’t tell
Read MoreThe Zero Percent solution (WSJ Oped + Tribute to Volcker)
Paul Volcker’s critique of 2% inflation targets in his recent memoir spurred me to write this oped just published in
Read MoreSkepticism as Antidote to Fake News (Wall Street Journal op-ed)
The WSJ op-ed reflects my ingrained First Amendment-absolutism: fake news will always be with us and any remedy is likely
Read MoreCorralling the Info-Monopolists (Project Syndicate Op-ed)
I am viscerally skeptical about expanding state power but recognize that technological advances do often require new rules: Automobiles required
Read MoreFormulaic Transparency: The Hidden Enabler of Exceptional US Securitization (New article in JACF)
This article in many ways, is the “debt” counterpart to my 1993 Journal of Financial Economics piece and offers an
Read MoreSeminar on Practical knowledge — manifesto-like syllabus
(Manifesto-like) Syllabus This seminar examines the development of knowledge embodied in artifacts (including physical objects, protocols, and organizations) intended to
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