Hamilton on Bernanke on Bubbles Bryan Caplan By Bryan Caplan, Jul 19 2005 SHARE POST: James Hamilton leaps to defend Ben Bernanke’s skepticism about housing bubbles. As a guy who bought a Northern Virginia home in 2000, I sure hope they’re right.
Jul 21 2005 Behavioral Economics Emotions and Decisions Arnold Kling The Wall Street Journal reports on a neuroeconomics experiment that compared emotionally-impaired investors with normal investors. The 15 brain-damaged participants that were the focus of the study had normal IQs, and the areas of their brains responsible for logic and cognitive reasoning were intact. But they had les... 4 Read More
Jul 20 2005 Books: Reviews and Suggested Readings Good Reading Recommendation from Tyler Cowen Arnold Kling A while back, Tyler Cowen recommended Perry Mehrling's book on finance theorist Fischer Black. I read it while on vacation this past week. I strongly endorse Tyler's recommendation. Black co-developed a formula for option pricing which garnered a Nobel Prize, for which he was no longer eligible, having died before... 4 Read More
Jul 19 2005 Efficient Markets Hypothesis Hamilton on Bernanke on Bubbles Bryan Caplan James Hamilton leaps to defend Ben Bernanke's skepticism about housing bubbles. As a guy who bought a Northern Virginia home in 2000, I sure hope they're right. 7 Read More