Before watching, I want to give my two cents that János Kornai should have won the Nobel Prize in Economics at some point in his career; his analysis and comparison of socialism vs capitalism and his advice on transitioning away from socialism alone is worth rewarding
Simulating economies with ai is a problem I've been thinking about for ages and didn't know was already being worked on. So glad some is. It'll make experiments on simulated USAs possible, taking the social out of 'social science'
How about Avinash Dixit? He is in his eighties now, and he has a variety of contributions -- including the path-breaking Dixit-Stiglitz model of monopolistic competition.
The comments on the influence of AI on the Prizes was quite prescient especially with both the Physics and Chemistry being weighed heavily by AI techniques and not just computational methods. And yes Susan Athey deserves it!
What’s that Taylor has against Acemoglu? I can assure you, he’s going to win this 2024 Nobel in Economics. Just see this year’s so far Noble prize recipients!
Imagine appointing Buterin for a Nobel in Economics and forgetting about one of the Ethereum founders that led on to build Polkadot and continues to revolutionize the network with groundbreaking updates - Gavin Wood. At least appoint both for founding Ethereum...
Heterodox economics is valued slightly better these days than, say, thirty years back. But, no, there is practically zero likelihood that Anwar Shaikh will be a laureate.
@@hkumar7340 I see. Well, in my opinion, that's unfortunate. You can't exactly say that Stiglitz is an ortodox economist, and yet the man has won a Nobel Prize.
@@joaopedrocamarapereira8478 Stiglitz has made significant contributions to orthodox neo-classical economics; only in the second half of his career did he start thinking differently. Therefore the Nobel...
Crypto, datasets, good out of the box thinking. IMO, datasets have untapped potential. The future is not datasets as public goods, but as products. They will be sold in crypto markets. This is useful not only for companies, but to make research more reproducible.
Curious Gap in Crypto Research? Economics and cryptocurrencies: 1) Why might economists be less engaged? 2) Could traditional economic frameworks help shed light on this evolving space? 3) What's your perspective on this intersection of traditional economics and emerging tech?
Before watching, I want to give my two cents that János Kornai should have won the Nobel Prize in Economics at some point in his career; his analysis and comparison of socialism vs capitalism and his advice on transitioning away from socialism alone is worth rewarding
Simulating economies with ai is a problem I've been thinking about for ages and didn't know was already being worked on. So glad some is. It'll make experiments on simulated USAs possible, taking the social out of 'social science'
How about Avinash Dixit? He is in his eighties now, and he has a variety of contributions -- including the path-breaking Dixit-Stiglitz model of monopolistic competition.
Well deserved!
The comments on the influence of AI on the Prizes was quite prescient especially with both the Physics and Chemistry being weighed heavily by AI techniques and not just computational methods. And yes Susan Athey deserves it!
What’s that Taylor has against Acemoglu?
I can assure you, he’s going to win this 2024 Nobel in Economics. Just see this year’s so far Noble prize recipients!
There is no beating back inflation. It’s built into every monetary system.
Imagine appointing Buterin for a Nobel in Economics and forgetting about one of the Ethereum founders that led on to build Polkadot and continues to revolutionize the network with groundbreaking updates - Gavin Wood. At least appoint both for founding Ethereum...
Jesus Christ
Excelente!
What do you think of Anwar Shaikh?
Heterodox economics is valued slightly better these days than, say, thirty years back. But, no, there is practically zero likelihood that Anwar Shaikh will be a laureate.
@@hkumar7340 I see. Well, in my opinion, that's unfortunate. You can't exactly say that Stiglitz is an ortodox economist, and yet the man has won a Nobel Prize.
@@joaopedrocamarapereira8478 Stiglitz has made significant contributions to orthodox neo-classical economics; only in the second half of his career did he start thinking differently. Therefore the Nobel...
@@hkumar7340 Interesting. Thanks for the info, I didn't know this.
Crypto, datasets, good out of the box thinking.
IMO, datasets have untapped potential. The future is not datasets as public goods, but as products. They will be sold in crypto markets. This is useful not only for companies, but to make research more reproducible.
Curious Gap in Crypto Research?
Economics and cryptocurrencies:
1) Why might economists be less engaged?
2) Could traditional economic frameworks help shed light on this evolving space?
3) What's your perspective on this intersection of traditional economics and emerging tech?