Background:The NY Times reports on the what triggered Paulson and Bernacke to seek an immediate 700 billion fund to prevent the American markets from collapsing. Read full story on NYTimes.com.
My Notes — Uncategorized
The F.A.Q.?s of Lehman and A.I.G.
Doug Diamond and Anil Kashyap of the University of Chicago explain the recent financial crisis. For most of the last 20 years we have been studying banks, monetary policy, and financial crises. So for us the events of the last year have been especially fascinating.The last 10 days have been the most remarkable period of… More »
Charles Tilly 1929- 2008
I don’t know anyone who has come in contact with Charles Tilly and who was not inspired by him. For those who have never met him, here are wonderful tributes to this exemplary scholar.
Social Science Research Council Tribute Website
Tributes by Scholars
NY Times Obituary
New School of Strategy & Entrepreneurship launched in Sydney
The UNSW Academic Board has approved the creation of a new School of Strategy and Entrepreneurship within the Faculty of Business (incorporating AGSM) to continue AGSM’s general management teaching and research. To be headed by Associate Professor Peter Murmann, the new school will focus on innovation and entrepreneurship as a subject within general business. Welcoming the move, Professor Alec Cameron, Dean of UNSW’s Faculty of Business (incorporating AGSM), said the new schools’ vision was to be recognised as Australia’s leading cluster of scholarship in the area of strategy and entrepreneurship research, teaching and executive development. “After the integration of AGSM and the Faculty of Commerce and Economics there were several existing schools but none was dedicated to general management and strategy,” said Professor Cameron. “So as part of the integration the idea was to create a separate school, and to include entrepreneurship to highlight the fact that the concerns of the general manager and the entrepreneur were both being addressed and people were being prepared for these roles.”
The Global Climate Crisis
The website for An Inconvenient Truth provides the basics facts about the science of climate change. Watch the trailer for film. Give the DVD to your friends this holiday season. Commissioned by the British government, the economist Stern published on October 30th his study evaluating the economic consequences of global warming. He writes: "The scientific… More »
Reflections On “The Long Tail” – Give me Good Data!
A few days ago, I came across a very positive review of The Long Tail, a new book by Wired Maganize writer Chris Anderson. The book's main thesis is that "the future of commerce and culture isn't in hits, the high-volume head of a traditional demand curve, but in what used to be regarded as… More »
Knowledge and the Wealth of Nations: A Story of Economic Discovery
David Warsh tell the story of how the idea of increasing returns that was already present in Adam’s Smith’s Wealth of Nations transformed academic economics in the 1980s. Read Paul Krugam’s review in the New York Times.
Project on the Competitiveness of Firms in the Global Paper & Pulp Industry, 1805-2005
Together with two Finish scholars, Juha-Anti Lamberg and Jari Ojala, I started a comparative study of the paper and pulp industry. Human beings have been making paper from various raw materials for thousands of years. But in 1804 a Frenchman invented a continous paper machine revolutionized the manufacturing and started the modern paper making industry.
The goal of our project is to study shifts in competitive advantage from one country to the next and from firm to firm during the last 200 years. We are starting our comparative analysis looking at Britain, Germany, Finland and Sweden. Our long-term plan is to study all the major paper producing countries in the word. If you are interested in participating in this study, contact us.
Economist Paul Romer on Innovation, Instutitions and Economics growth
Paul Romer gave an interesting interview in Reason Magazine describing in non-technical terms on how ecnomic growth comes about.
