Tim Harford at the Keynes Society
We are delighted to have the Undercover Economist Tim Harford returning to the Keynes Society on Thursday 19th November at 8-45pm in Upper School. Hot on the heels of his hugely successful books The Undercover Economist and The Logic of Life, Tim has made a timely and swift return to the top of the book charts with Dear Undercover Economist: The Very Best Letters from the “Dear Economist” Column: The Undercover Economist Solves Life’s Everyday Mysteries and Problems. Tim’s ability to connect with his audience and make Economics appealing, relevant and thought provoking is well established - it should be another super evening. A warm welcome is extended to teaching colleagues. We are likely to be pretty full for this meeting so if you are coming and plan to bring some students.
Happiness (or subjective well-being) in the spotlight
Macroeconomists are in the dog-house but behavioural and welfare economists are in the acsendancy as policy focuses on ways in which we can nudge people to healthier lifestyles and away from an age of excess. A new survey finds that people seem to get happier as they age. And Tim Harford writes about the growing emphasis being given to aspects of welfare economics in today’s Sunday Times
“Silly or sobering, happiness economics is in the ascendancy. The economists conducting this research have influence in high places. Lord Layard, the patron saint of happiness economics in the UK, is a Labour life peer. Alan Krueger, an economist who has been working with Kahneman and Schwarz, has been made a senior Treasury official by President Obama. Before his nomination he was working on a method for producing “happiness accounts” for the United States.”
Don’t forget to pack Tim’s new book for the beach ..... it is a super read
Tim Harford at the LSE
Tim’s new book Dear Economist: The Very Best Letters from the Dear Economist Column is due for release in early August.
And he is scheduled to speak at the LSE on the 6th of October - The London School of Economics, “The Consolations of Economics”, 6.30 pm, 6 October 2009 - further details will be posted on the LSE web site, look under public events.
A New Book from the Undercover Economist
Tim Harford’s new book is now available for pre-order through Amazon.
Is macroeconomics in a dark age?
A super piece by Tim Harford on challenging times for macroeconomists.
“I am struck by the soul-searching that has gripped the profession in the face of the economic crisis. The worry is not so much that macroeconomists did not forecast the problem – bad forecasts are more a sign of a complex world than intellectual bankruptcy – but that macroeconomics seems unable to provide answers. Sometimes it cannot even ask the right questions.”
Two More Tim Harford Shorts
Two more video shorts from the Random Economist channel on You Tube.
read more...»Logic of Life in paperback
Tim Harford’s excellent book is now out in paperback
Money on the Brain
Tim Harford writes about neuroeconomics in the FT this weekend and he has a programme on this subject on BBC radio 4 this coming Tuesday. “Financial Times journalist Tim Harford investigates the fast-emerging academic field of neuroeconomics, which works to understand why people make economic decisions.” It is repeated on Wednesday afternoon.
Should we take economists seriously?
Does the publication of economic data encourage too much meddling by governments and policy-makers? How much use is data in telling us what we already know - that the economy is going through a bad time. The Today programme featured this discussion between Tim Harford, author of The Undercover Economist, and Phil Collins, of the London School of Economics, on how much influence economists should have.
1st or 2nd?
Should you choose to go first or second in a penalty shoot-out? Or serve first rather than receive in a grudge tennis match? Tim Harford has a neat piece in today’s Financial Times which unearths some research which seems to suggest a fairly decisive advantage for teams that win the toss of a coin and opt to take the first shot in a shoot-out! Unless of course they crack under the pressure!
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