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	<title>LARS P SYLL</title>
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		<title>LARS P SYLL</title>
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		<item>
		<title>Further suggestions for Krugman&#8217;s IS-LM reading list</title>
		<link>http://larspsyll.wordpress.com/2013/05/17/further-suggestions-for-krugmans-is-lm-reading-list/</link>
		<comments>http://larspsyll.wordpress.com/2013/05/17/further-suggestions-for-krugmans-is-lm-reading-list/#comments</comments>
		<pubDate>Fri, 17 May 2013 12:56:35 +0000</pubDate>
		<dc:creator>Lars P Syll</dc:creator>
				<category><![CDATA[Economics]]></category>

		<guid isPermaLink="false">http://larspsyll.wordpress.com/?p=11199</guid>
		<description><![CDATA[The determination of investment is a four-stage process in The General Theory. Money and debts determine an &#8220;interest rate&#8221;; long-term expectations determine the yield &#8211; or expected cash flows &#8211; from capital assets and current investment (i.e., the capital stock); the yield and the interest rate enter into the determination of the price of capital [&#8230;]<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=larspsyll.wordpress.com&#038;blog=21136394&#038;post=11199&#038;subd=larspsyll&#038;ref=&#038;feed=1" width="1" height="1" />]]></description>
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		<slash:comments>4</slash:comments>
	
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			<media:title type="html">minskys keynesbok</media:title>
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		<title>Flawed macroeconomic models</title>
		<link>http://larspsyll.wordpress.com/2013/05/17/flawed-macroeconomic-models/</link>
		<comments>http://larspsyll.wordpress.com/2013/05/17/flawed-macroeconomic-models/#comments</comments>
		<pubDate>Fri, 17 May 2013 11:39:31 +0000</pubDate>
		<dc:creator>Lars P Syll</dc:creator>
				<category><![CDATA[Economics]]></category>
		<category><![CDATA[Theory of Science & Methodology]]></category>

		<guid isPermaLink="false">http://larspsyll.wordpress.com/?p=11193</guid>
		<description><![CDATA[If we had begun our reform efforts with a focus on how to make our economy more efficient and more stable, there are other questions we would have naturally asked; other questions we would have posed. Interestingly, there is some correspondence between these deficiencies in our reform efforts and the deficiencies in the models that [&#8230;]<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=larspsyll.wordpress.com&#038;blog=21136394&#038;post=11193&#038;subd=larspsyll&#038;ref=&#038;feed=1" width="1" height="1" />]]></description>
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		<slash:comments>2</slash:comments>
	
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			<media:title type="html">stiglitz3</media:title>
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		<title>Macroeconomics without aspirations</title>
		<link>http://larspsyll.wordpress.com/2013/05/17/macroeconomics-without-aspirations/</link>
		<comments>http://larspsyll.wordpress.com/2013/05/17/macroeconomics-without-aspirations/#comments</comments>
		<pubDate>Fri, 17 May 2013 06:59:27 +0000</pubDate>
		<dc:creator>Lars P Syll</dc:creator>
				<category><![CDATA[Economics]]></category>

		<guid isPermaLink="false">http://larspsyll.wordpress.com/?p=11183</guid>
		<description><![CDATA[The problem is that the new theories, the theories embedded in general equilibrium dynamics of the sort that we know how to use pretty well now—there’s a residue of things they don’t let us think about. They don’t let us think about the U.S. experience in the 1930s or about financial crises and their real [&#8230;]<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=larspsyll.wordpress.com&#038;blog=21136394&#038;post=11183&#038;subd=larspsyll&#038;ref=&#038;feed=1" width="1" height="1" />]]></description>
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		<slash:comments>8</slash:comments>
	
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			<media:title type="html">lulapa</media:title>
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			<media:title type="html">lucas</media:title>
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		<item>
		<title>K. in memoriam (private)</title>
		<link>http://larspsyll.wordpress.com/2013/05/16/k-in-memoriam-private/</link>
		<comments>http://larspsyll.wordpress.com/2013/05/16/k-in-memoriam-private/#comments</comments>
		<pubDate>Thu, 16 May 2013 03:39:55 +0000</pubDate>
		<dc:creator>Lars P Syll</dc:creator>
				<category><![CDATA[Varia]]></category>

		<guid isPermaLink="false">http://larspsyll.wordpress.com/?p=11164</guid>
		<description><![CDATA[Today, exactly twenty years ago, the unimaginable happened. Some people say time heals all wounds. I know that&#8217;s not true. Some wounds never heal. You just learn to live with the scars. No blogging today. &#160;<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=larspsyll.wordpress.com&#038;blog=21136394&#038;post=11164&#038;subd=larspsyll&#038;ref=&#038;feed=1" width="1" height="1" />]]></description>
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		<slash:comments>0</slash:comments>
	
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			<media:title type="html">lulapa</media:title>
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		<item>
		<title>Top Economics Blogs</title>
		<link>http://larspsyll.wordpress.com/2013/05/15/top-economics-blogs/</link>
		<comments>http://larspsyll.wordpress.com/2013/05/15/top-economics-blogs/#comments</comments>
		<pubDate>Wed, 15 May 2013 17:13:07 +0000</pubDate>
		<dc:creator>Lars P Syll</dc:creator>
				<category><![CDATA[Varia]]></category>

		<guid isPermaLink="false">http://larspsyll.wordpress.com/?p=11176</guid>
		<description><![CDATA[Objectively, blogs are subjective, so coming up with a list of the top 10, top 15, or top 100 economics blogs is no easy undertaking. Economics bloggers vary widely from individual students and professors sharing their thoughts on current events, new research or the state of the profession to the blogging superstars like Greg Mankiw, [&#8230;]<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=larspsyll.wordpress.com&#038;blog=21136394&#038;post=11176&#038;subd=larspsyll&#038;ref=&#038;feed=1" width="1" height="1" />]]></description>
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		<slash:comments>1</slash:comments>
	
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			<media:title type="html">lulapa</media:title>
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		<item>
		<title>Grossman-Stiglitz-paradoxen</title>
		<link>http://larspsyll.wordpress.com/2013/05/15/grossman-stiglitz-paradoxen/</link>
		<comments>http://larspsyll.wordpress.com/2013/05/15/grossman-stiglitz-paradoxen/#comments</comments>
		<pubDate>Wed, 15 May 2013 11:59:05 +0000</pubDate>
		<dc:creator>Lars P Syll</dc:creator>
				<category><![CDATA[Economics]]></category>
		<category><![CDATA[Theory of Science & Methodology]]></category>

		<guid isPermaLink="false">http://larspsyll.wordpress.com/?p=11158</guid>
		<description><![CDATA[Inom informationsekonomin är Hayeks ”The Use of Knowledge in Society” (American Economic Review 1945) och Grossman &#38; Stiglitz ”On the Impossibility of Informationally Efficient Markets” (American Economic Review 1980) två klassiker. Men medan Hayeks artikel ofta åberopas av nyösterrikiskt influerade ekonomer har neoklassiska nationalekonomer sällan något att säga om Grossman &#38; Stiglitz:s artikel. Jag tror [&#8230;]<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=larspsyll.wordpress.com&#038;blog=21136394&#038;post=11158&#038;subd=larspsyll&#038;ref=&#038;feed=1" width="1" height="1" />]]></description>
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		<slash:comments>0</slash:comments>
	
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			<media:title type="html">lulapa</media:title>
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			<media:title type="html">paradox4</media:title>
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		<item>
		<title>Out-of-sample events and overconfidence</title>
		<link>http://larspsyll.wordpress.com/2013/05/12/out-of-sample-events-and-overconfidence/</link>
		<comments>http://larspsyll.wordpress.com/2013/05/12/out-of-sample-events-and-overconfidence/#comments</comments>
		<pubDate>Sun, 12 May 2013 18:44:40 +0000</pubDate>
		<dc:creator>Lars P Syll</dc:creator>
				<category><![CDATA[Economics]]></category>

		<guid isPermaLink="false">http://larspsyll.wordpress.com/?p=11151</guid>
		<description><![CDATA[We forget &#8211; or willfully ignore &#8211; that our models are simplifications of the world &#8230; One of the pervasive risks that we face in the information age &#8230; is that even if the amount of knowledge in the world is increasing, the gap between what we know and what we think we know may [&#8230;]<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=larspsyll.wordpress.com&#038;blog=21136394&#038;post=11151&#038;subd=larspsyll&#038;ref=&#038;feed=1" width="1" height="1" />]]></description>
		<wfw:commentRss>http://larspsyll.wordpress.com/2013/05/12/out-of-sample-events-and-overconfidence/feed/</wfw:commentRss>
		<slash:comments>7</slash:comments>
	
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			<media:title type="html">lulapa</media:title>
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			<media:title type="html">nate silver</media:title>
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		<title>Lacrimosa</title>
		<link>http://larspsyll.wordpress.com/2013/05/12/lacrimosa-2/</link>
		<comments>http://larspsyll.wordpress.com/2013/05/12/lacrimosa-2/#comments</comments>
		<pubDate>Sun, 12 May 2013 17:54:27 +0000</pubDate>
		<dc:creator>Lars P Syll</dc:creator>
				<category><![CDATA[Varia]]></category>

		<guid isPermaLink="false">http://larspsyll.wordpress.com/?p=11149</guid>
		<description><![CDATA[&#160;<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=larspsyll.wordpress.com&#038;blog=21136394&#038;post=11149&#038;subd=larspsyll&#038;ref=&#038;feed=1" width="1" height="1" />]]></description>
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		<slash:comments>0</slash:comments>
	
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			<media:title type="html">lulapa</media:title>
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		<title>Van den Budenmayer</title>
		<link>http://larspsyll.wordpress.com/2013/05/12/van-den-budenmayer/</link>
		<comments>http://larspsyll.wordpress.com/2013/05/12/van-den-budenmayer/#comments</comments>
		<pubDate>Sun, 12 May 2013 17:37:19 +0000</pubDate>
		<dc:creator>Lars P Syll</dc:creator>
				<category><![CDATA[Varia]]></category>

		<guid isPermaLink="false">http://larspsyll.wordpress.com/?p=11147</guid>
		<description><![CDATA[&#160;<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=larspsyll.wordpress.com&#038;blog=21136394&#038;post=11147&#038;subd=larspsyll&#038;ref=&#038;feed=1" width="1" height="1" />]]></description>
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		<slash:comments>0</slash:comments>
	
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			<media:title type="html">lulapa</media:title>
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		<item>
		<title>Though I speak with the tongues of angels</title>
		<link>http://larspsyll.wordpress.com/2013/05/11/though-i-speak-with-the-tongues-of-angels/</link>
		<comments>http://larspsyll.wordpress.com/2013/05/11/though-i-speak-with-the-tongues-of-angels/#comments</comments>
		<pubDate>Sat, 11 May 2013 21:15:42 +0000</pubDate>
		<dc:creator>Lars P Syll</dc:creator>
				<category><![CDATA[Varia]]></category>

		<guid isPermaLink="false">http://larspsyll.wordpress.com/?p=11144</guid>
		<description><![CDATA[&#160; Though I speak with the tongues of angels, If I have not love&#8230; My words would resound with but a tinkling cymbal. And though I have the gift of prophesy&#8230; And understand all mysteries&#8230; and all knowledge&#8230; And though I have all faith So that I could remove mountains, If I have not love&#8230; [&#8230;]<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=larspsyll.wordpress.com&#038;blog=21136394&#038;post=11144&#038;subd=larspsyll&#038;ref=&#038;feed=1" width="1" height="1" />]]></description>
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		<slash:comments>0</slash:comments>
	
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			<media:title type="html">lulapa</media:title>
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		<title>On tour</title>
		<link>http://larspsyll.wordpress.com/2013/05/11/on-tour-again/</link>
		<comments>http://larspsyll.wordpress.com/2013/05/11/on-tour-again/#comments</comments>
		<pubDate>Sat, 11 May 2013 16:40:24 +0000</pubDate>
		<dc:creator>Lars P Syll</dc:creator>
				<category><![CDATA[Varia]]></category>

		<guid isPermaLink="false">http://larspsyll.wordpress.com/?p=11124</guid>
		<description><![CDATA[Touring again. Conference in Stockholm and guest appearence in the parliament. Regular blogging will be resumed next week.<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=larspsyll.wordpress.com&#038;blog=21136394&#038;post=11124&#038;subd=larspsyll&#038;ref=&#038;feed=1" width="1" height="1" />]]></description>
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		<slash:comments>0</slash:comments>
	
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			<media:title type="html">lulapa</media:title>
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		<media:content url="http://larspsyll.files.wordpress.com/2013/03/sodermalm.jpg?w=550" medium="image">
			<media:title type="html">sodermalm</media:title>
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		<item>
		<title>Keynes on formal modeling and rational expectations</title>
		<link>http://larspsyll.wordpress.com/2013/05/10/keynes-on-formal-modeling-and-rational-expectations/</link>
		<comments>http://larspsyll.wordpress.com/2013/05/10/keynes-on-formal-modeling-and-rational-expectations/#comments</comments>
		<pubDate>Fri, 10 May 2013 17:24:01 +0000</pubDate>
		<dc:creator>Lars P Syll</dc:creator>
				<category><![CDATA[Economics]]></category>
		<category><![CDATA[Theory of Science & Methodology]]></category>

		<guid isPermaLink="false">http://larspsyll.wordpress.com/?p=11137</guid>
		<description><![CDATA[A complete modeling system which yields definitive predictions (or at least multiple equilibria) requires the following conditions: given structures with fixed (or at least predictably random) interrelations between separable parts (e.g., economic agents) and predictable (or at least predictably random) outside influences. Such a system is … a‘closed’ system. Such a system, correctly applied, promotes [&#8230;]<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=larspsyll.wordpress.com&#038;blog=21136394&#038;post=11137&#038;subd=larspsyll&#038;ref=&#038;feed=1" width="1" height="1" />]]></description>
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		<slash:comments>0</slash:comments>
	
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			<media:title type="html">lulapa</media:title>
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		<media:content url="http://larspsyll.files.wordpress.com/2013/05/phelpsfrydman.jpg?w=353" medium="image">
			<media:title type="html">phelpsfrydman</media:title>
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		<item>
		<title>100% Wrong on 90%</title>
		<link>http://larspsyll.wordpress.com/2013/05/10/100-wrong-on-90/</link>
		<comments>http://larspsyll.wordpress.com/2013/05/10/100-wrong-on-90/#comments</comments>
		<pubDate>Fri, 10 May 2013 14:42:52 +0000</pubDate>
		<dc:creator>Lars P Syll</dc:creator>
				<category><![CDATA[Economics]]></category>

		<guid isPermaLink="false">http://larspsyll.wordpress.com/?p=11134</guid>
		<description><![CDATA[&#160; (h/t Simsalablunder)<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=larspsyll.wordpress.com&#038;blog=21136394&#038;post=11134&#038;subd=larspsyll&#038;ref=&#038;feed=1" width="1" height="1" />]]></description>
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		<slash:comments>1</slash:comments>
	
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			<media:title type="html">lulapa</media:title>
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		<title>Ronald Coase &#8211; still making sense at 102 (!)</title>
		<link>http://larspsyll.wordpress.com/2013/05/10/ronald-coase-still-making-sense-at-102/</link>
		<comments>http://larspsyll.wordpress.com/2013/05/10/ronald-coase-still-making-sense-at-102/#comments</comments>
		<pubDate>Fri, 10 May 2013 11:49:31 +0000</pubDate>
		<dc:creator>Lars P Syll</dc:creator>
				<category><![CDATA[Economics]]></category>

		<guid isPermaLink="false">http://larspsyll.wordpress.com/?p=11128</guid>
		<description><![CDATA[In the 20th century, economics consolidated as a profession; economists could afford to write exclusively for one another. At the same time, the field experienced a paradigm shift, gradually identifying itself as a theoretical approach of economization and giving up the real-world economy as its subject matter. &#8230; But because it is no longer firmly [&#8230;]<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=larspsyll.wordpress.com&#038;blog=21136394&#038;post=11128&#038;subd=larspsyll&#038;ref=&#038;feed=1" width="1" height="1" />]]></description>
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		<title>Är du slö, slapp, lat, loj och likgiltig? Det gör inget! Du är kränkt!</title>
		<link>http://larspsyll.wordpress.com/2013/05/10/ar-du-slo-slapp-lat-loj-och-likgiltig-det-gor-inget-du-ar-krankt/</link>
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		<pubDate>Fri, 10 May 2013 09:00:08 +0000</pubDate>
		<dc:creator>Lars P Syll</dc:creator>
				<category><![CDATA[Politics & Society]]></category>

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		<description><![CDATA[Fick du för dåliga betyg? Höll inte uppsatsen måttet? Vågade någon tala om för dig att du gjort ett dåligt arbete eller inte ansträngt dig nog? Det gör inget! För nu för tiden kan alla som inte håller måttet komma undan det egna ansvaret med tidens egen deus ex machina &#8211; de är kränkta. Och [&#8230;]<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=larspsyll.wordpress.com&#038;blog=21136394&#038;post=11126&#038;subd=larspsyll&#038;ref=&#038;feed=1" width="1" height="1" />]]></description>
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