Second attempt: Nominations for best economics blog post anywhere of the month
Cancelled due to insufficient interest. [18/1/11]
On December 30 there appeared here this post:
The object of this exercise is to draw readers to outstanding posts on economics blogs. You may nominate up to three posts by leaving for each as a comment below their link, title and author. The only restriction is that the blog post must have appeared in December 2010. After a week to ten days the editor will select from the nominations a shortlist of 10 which will then be used as the basis of a PollDaddy poll. The poll will remain open for two weeks, and then the winner will be announced.
These logistics now appear to have been ill-conceived. Nominations flowed in for 24 hours and then stopped. People may be inclined to nominate a post at the time of their reading it, but not X days later. So let’s cancel December’s poll and reframe the exercise as follows:
You may nominate up to three posts by leaving for each as a comment below their link, title and author. The only restriction is that the blog post must have appeared in January 2011. On the first of February nominations will close and the editor will select a shortlist of 10 which will then be used as the basis of a PollDaddy poll. The poll will remain open for two weeks or thereabouts, and then the winner will be announced.
































Dear Professor Fullbrook:
Several months ago you had the Keen’s contribution on the
Prisoner’s Dilemma. He basically repeated — as a great novelty —
what is commonly known as the Iterative PD. It may not be
applicable in the original PD situation, where each suspect has just
one decision to make.
My Risk-Constrained Optimization approach embeds the theory of games
and the follow-up multimove theory of moves. It eliminates their paradoxes,
including the PD’s one.
Would you like me to make a contribution on that issue? I do not know how.
happy, healthy, and productive 2011 to you,
Vladimir Masch
Even journalists of The Economists start to pay attention to “The commons”:
http://www.economist.com/blogs/democracyinamerica/2011/01/income_inequality
Do you have the technology to make the post inviting nominations a “sticky”, where it stays at the top of the list until you “un-sticky” it?
Good idea. Thanks. Done
Taking Stock of GM’s Bailout by Steve Landgraf
http://misixanalytics.blogspot.com/2011/01/taking-stock-of-gms-bailout.html
How about just using the mechanical hit counter to display to top three posts for each quarter?
? Whatever happened to :
The Prizes
rwer.wordpress.com
Please read “The Role Of Money” (Free full download)
http://archive.org/details/roleofmoney032861mbp
and then place the name , Frederick Soddy on the list.
Written in 1921,- 1934, Frederick Soddy not only explains the “systemic flaw” (allowing an entity other the the sovereign government the right to ‘print’ and ‘tax’ the sovereign currency; but also explains the unintended consequence of this awesome power.
“PREFACE
It was recognized in Athens and Sparta ten
centuries before the birth of Christ that one
of the most vital prerogatives of the State was
the sole right to issue money. How curious that
the unique quality of this prerogative is only now
being re-discovered. The” money-power
” which has been able to overshadow ostensibly responsible
government, is not the power of the merely ultrarich,
but is nothing more nor less than a new
technique designed to create and destroy money
by adding and withdrawing figures in bank ledgers,
without the slightest concern for the interests of
the community or the real role that money ought
to perform therein.
“…(This book) is concerned
less with the details of particular schemes
of monetary reform that have been advocated
than with the general principles to which, in the
author’s opinion, every monetary system must at
long last conform, if it is to fulfil its proper role
as the distributive mechanism of society. To allow
it to become a source of revenue to private issuers
is to create, first, a secret and illicit arm of the
government and, last, a rival power strong enough
ultimately to overthrow all other forms of
government.”
Who was (Nobel Prize for Chemistry ,1921) Frederick Soddy ?
http://en.wikipedia.org/wiki/Frederick_Soddy
“In four books written from 1921 to 1934, Soddy carried on a “campaign for a radical restructuring of global monetary relationships”,[12] offering a perspective on economics rooted in physics—the laws of thermodynamics, in particular—and was “roundly dismissed as a crank”.[12] While most of his proposals – “to abandon the gold standard, let international exchange rates float, use federal surpluses and deficits as macroeconomic policy tools that could counter cyclical trends, and establish bureaus of economic statistics (including a consumer price index) in order to facilitate this effort” – are now conventional practice, his critique of fractional-reserve banking still “remains outside the bounds of conventional wisdom”.[12] Soddy wrote that financial debts grew exponentially at compound interest but the real economy was based on exhaustible stocks of fossil fuels.”