Tag Archives: Yoram Bauman
Principles of Economics
Posted by on Jan 4, 2013
Mankiw’s Ten Principles of Economics, Translated
by Yoram Bauman [1]
University of Washington, Seattle, Washington
The cornerstone of Harvard professor N. Gregory Mankiw’s introductory economics textbook,Principles of Economics, is a synthesis of economic thought into Ten Principles of Economics (listed in the first table below). A quick perusal of these will likely affirm the reader’s suspicions that synthesizing economic thought into Ten Principles is no easy task, and may even lead the reader to suspect that the subtlety and concision required are not to be found in the pen of N. Gregory Mankiw. Read more of this post
It’s the economists stupid!
Posted by on Oct 10, 2012
I thought that the video below (Principles of Economics – Translated) by Yoram Bauman was quite funny; so I visited his website and found You might be an economist if, a selection of ‘in jokes‘ for economists. I have selected the following and added some links so that I could ‘get the joke‘. Economists would seem to be like politicians – well like the rest of us really – always able to rationalise a failed foresight with beneficial hindsight (listen to what Yoram Bauman says about macro-economists). To be fair to the economists, in the following one liners they are making fun of themselves. If you click on any of the links – you really might be an economist if:
- …your idea of a romantic evening is cuddling up with your honey and a bowl of popcorn to watch “A Beautiful Mind,” then engaging in hot and heavy discourse about why the bar scene solution is not a pure strategy Nash equilibrium. (Elaina Rose, University of Washington) Read more of this post
Aasof’s Reflections 