William Barnett

Quotes From

Bubbles and Broad Monetary Aggregates: Toward a Consensus Approach to Business Cycles
A challenge for quantity-theoretic explanations of business cycles is that recessions manifest despite central banks’ scrupulousness to avoid falls in monetary aggregates, a fact which would seem to indicate a structural explanation. This paper argues that a broader and theoretically richer Divisia aggregate – which reflects changes in financial market . . .

Hi, I'm C. Harwick, an economist in New York State with an interest in monetary theory, institutional evolution, and folk music.

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Dec0711:37
@joelwatsonfish @smith_valence Seems to me a better model would be “better theory of mind → more cooperation in prisoners’ dilemmas (more sympathy with the other party) and also higher intelligence (better able to model responses to propositions)”
◄ In reply to @C_Harwick
Dec0711:36
@joelwatsonfish @smith_valence I’ve always been skeptical of Hive Mind’s “intelligence → more cooperation in prisoners’ dilemmas” model, for the reason that @smith_valence mentions, that intelligence should also show you how to pursue your interests (defect) more effectively.
◄ In reply to @joelwatsonfish