Category / Photography
Liquidity economics October 16, 2013 at 7:21 am
I had heard of this but never seen it until recently: this is a part of the Phillips Hydraulic Computer or Monetary National Income Analogue Computer. Personally I agree with Simon Wren-Lewis: more data-based empirical models which give some insight into a key issue or two, like Phillips’, and fewer theoretically sound models ignorant of reality would improve macro hugely.
Erudite political theory October 2, 2013 at 3:09 pm
I am acquainted with some scholarly political theorists, so I pride myself that this blog has an extremely high standard of discussion of these issues. In this spirit, then, I offer you:
BTW, I am lead to believe that US Treasuries do not have cross default clauses. That fact may, just possibly, be material in due course…
In the mountains September 15, 2013 at 5:41 am
When experiments don’t pan out September 7, 2013 at 6:02 am
With merely a high end modern lens (the stunning 31mm Pentax limited), a digital camera and photoshop, I managed to produce something that looks like a bad example of a 1910 Bromoil process print. Ah well, better luck next time.
Mist, not rain August 26, 2013 at 10:02 pm
I’m travelling without a raincoat… August 20, 2013 at 7:02 pm
Soaking up the sun July 14, 2013 at 7:20 am
And then the rain started July 5, 2013 at 5:36 am
The coming storm June 30, 2013 at 10:10 pm
May graffiti May 28, 2013 at 6:32 am
Saturday Sea May 18, 2013 at 7:26 pm
The light has arrived… May 4, 2013 at 9:42 pm
How not to win the Deutsche Börse Photography Prize April 20, 2013 at 2:00 pm
Wandering around the exhibition ahead of this year’s Deutsche Börse Photography Prize, it seemed to me that there’s a recipe for how some photo prizes work. It might go something like this:
- Select 0, 1 or (exceptionally) 2 artists with some insight for photography, sensitivity to the medium, and technical skill.
- Select 2-4 artists who work with photography but have rather little insight, sensitivity or skill to a total shortlist size of 4. It helps if this second group is made up of conceptual artists making rather trite points about the kinds of topics conceptual artists like to be seen to comment on.
- Be sure when deciding the winner not to take into account the quality of the photographs themselves, because thinking about a photography prize that way is just naive…
Now this may not be how it is with the Deutsche Börse prize, but given that Chris Killip actually has some skill with a camera, I wouldn’t advise that you bet on him winning this year…
The camera as pencil March 24, 2013 at 12:12 pm
Bleak mid winter March 18, 2013 at 6:10 am
This is definitely in Caspar David Friedrich territory.
Update. Talking of being out in the cold, the Cyprus depositor bail in is generating a lot of comment this morning. The general view seems to be that haircutting uninsured deposits, while painful, would be reasonable; but the current proposal to also haircut insured deposits is a bank run generator. I tend to agree, but it seems that the former was the IMF position, while the latter was chosen by the Cypriots themselves (HT Coppola Comment for the link). Even if that is true, it’s dreadful policy. As Tim Duy says, it is hard to see the assault on Cypriot depositors as anything but a step backwards for financial stability in Europe.
When will I see the sun again? March 9, 2013 at 3:51 pm
Blue sky, blue water February 26, 2013 at 6:53 am
Pastel snowscape February 17, 2013 at 6:00 am
I love the delicacy of these early morning colours*. Click for a bigger image.
*I’m sure that there is a Pissarro with a similar gray/pink/orange winter colour palate, but the nearest I can find is the Road at Eragny. Any hints appreciated.