Entrepreneurial Specialization: How Subjective (“Knightian”) Uncertainty Matters
Hayek Seminar Talk at LSE 2 Dec ’21 Tim Besley, John Kay, and Mervyn King organize a Hayek Seminar at
Read MoreAlice in Genderland II
Sent off this email to colleagues. God knows with what consequence. But I am close to retirement age, and if
Read MoreAlice in Genderland
Last week, a colleague of subcontinental persuasion who had been on leave last term sent around an email expressing surprise
Read MoreHow the orthodoxy in academic and policy macroeconomics has changed.
Per Larry Summers (quoted in Robert Armstrong’s FT piece) “The first edition of Paul Samuelson’s textbook [Economics from 1948]
Read MoreKabul on the Charles
The day Kabul fell I found myself at a Peet’s in Harvard Square. I had an inkling the barista might
Read MoreGood things come from those who hustle
Today’s Wall Street Journal has an interview with a U Penn historian, whose image of the Founding Fathers is similar
Read MoreSunlighting Knightian Uncertainty/ Commemorating McArthur (New Working Paper)
This is my last month at HBS and I thought I’d squeeze in one last working paper, Renewing Knightian Uncertainty
Read MoreCelebrating Richard “Dick” Nelson
Gave me joy to write this nomination In nominating Richard Nelson, I feel both honored and nervous. He has secured
Read MoreCapitalism Won’t Thrive on Value Investing Alone (just published HBR.org oped)
First oped in more than a year (when I was maniacally trying to get my medical innovation course done… Trigger
Read MoreCourse Evaluations did not disappoint
The new course on medical innovations I developed and just taught at HBS started disastrously. Fortunately, miraculously, by the end
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