Readers & Thinkers: The 2013 Nobel Prize in Economics. Testing Market Efficiency

  Dear All: Well, who won? The Nobel prize for economic sciences for 2013 was announced today, October 14, 2013. It went to three people Eugene Fama, Robert Shiller, and Lars Hansen. Fama is 74 years old, born in Boston, Massachusetts and a Professor at the University of Chicago. Most of his important work was done at the University of Chicago. He obtained his BA from Tufts University and...
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The Train Interviews. Guest: Ms. Janet Yellen

Early 2000s. Janet Yellen, Professor of Economics at UC Berkeley.  Former Vice Chair of the Board of Governors of the Federal Reserve System, CEO of the Federal Reserve Bank of San Francisco and Chair of the White House Council of Economics Advisers under President Bill Clinton.  Nominee for Fed Chairman.  Interviewed by Kenneth Train on her experience as an economist and in the Federal...
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Readers & Thinkers: The 2013 Nobel Prize in Economics. Prediction

Dear All: The 2013 Nobel prize for economic sciences will be announced on Monday, October 13, 2013. Last Year’s Winner Last year, the prize was given to Alvin Roth and Lloyd Shapley for the theory of stable allocations and the practice of market design. Who will win in 2013? To be honest, I have no clue. My past pre- and post- analyses can be found at:...
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KQED Radio Interview on the Richmond City Vote to Seize Mortgages

September 10, 2013. Chincarini the Richmond city plan to seize negative equity mortgages from lenders. He discusses the pros and cons from such an unprecedented action by a city.
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Readers & Thinkers: Ronald Coase Dies.

Dear Readers & Thinkers,  As most of you know, Ronald Coase, passed away this week on September 2, 2013.  I still remember my undergraduate Law & Economics class and the wide application of the Coase Theorem.  Some thoughts about Coase: http://www.washingtonpost.com/blogs/wonkblog/wp/2013/09/04/the-coase-theorem-is-widely-cited-in-economics-ronald-coase-hated-it/...
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