About Economics: Two Economists and a Football Coach...

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From Jodi Beggs, your Guide to Economics
Hi all,
Even though Janet Yellen's confirmation hearing has passed, reading the running commentary on the event is pretty insightful, so I've left it for you below. I've also added a bit on behavioral biases and an article about a Nobel Laureate who doesn't deserve to get overlooked.
Cheers,
Jodi

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A Friendly Reminder That There Were Three Nobel-Prize Winners This Year...
When Eugene Fama, Lars Hansen, and Robert Shiller won this year's Nobel Prize in Economics, I worried that the intellectual juxtaposition of Fama and Shiller would cause people to focus... Read more

From the "I Told You So" Department, Football Edition...
If you watch a decent amount of football, you've probably noticed that teams are very reluctant to do anything other than punt on a fourth down...despite the fact that economist... Read more

Nudges, Expertly Summarized and Catalogued...
A "nudge," introduced by Richard Thaler and Cass Sunstein in their book of the same name, is a small change in a person's environment, usually involving the framing of a... Read more

Some Live Blog Options for Following Janet Yellen's Confirmation Hearing...
In case you haven't been following, the Senate hearing to confirm Janet Yellen as the next chair of the Federal Reserve Board of Governors (i.e. the next Ben Bernanke) is... Read more


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Jodi Beggs
Economics Guide
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