Wednesday, January 7, 2015

I'm back!

I'm back from vacation and am working on one post that comments on the many interesting posts in the econoblogosphere I missed while I was gone and one post about understanding the deviation in the labor market model (see also here). Prediction updates are also forthcoming.

But I read this from Robin Hanson today, and so I thought I'd do a post bump for/link to a critical take on the information transfer model by an economics graduate student:

alongside my response:

Update 01/08/2015: I thought I should include Robin Hanson's skepticism as well:

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Also, try to avoid the use of dollar signs as they interfere with my setup of mathjax. I left it set up that way because I think this is funny for an economics blog. You can use € or £ instead.