Re: The Economic Crisis and its Implications for The Science of Economics

[David Farber <dave () farber net>]

Begin forwarded message:

From: "Peter H Salus" <peter () pedant com>
Date: April 25, 2009 7:23:09 PM EDT
To: dave () farber net, "ip" <ip () v2 listbox com>
Cc: peter () pedant com
Subject: Re: [IP] The Economic Crisis and its Implications for The  
Science of Economics

On Sat, 25 Apr 2009 18:58:57 -0400, David Farber wrote
> Prior to any Economic Manhattan project maybe a study of Ethical
> behavior in the financial area would be more profitable djf

Dave (and Dennis),
J.K. Galbraith wrote:
"The only function of economic forecasting is to make astrology
look respectable."

I have read nothing over the past eighteen months that would lead me to
question him.

Peter

> From: Dennis Allison <drallison () gmail com>
> Date: April 25, 2009 3:22:35 PM EDT
> To: Dave Farber <dave () farber net>
> Cc: allison () stanford edu
> Subject: The Economic Crisis and its Implications for The Science of
> Economics
>
> For IP if you think it worthy:
>
> Dave,
>
> I'd like to call the attention of IP readers to an interdisciplinary
> conference on The Economic Crisis and its Implications for The
> Science  of Economics being held in Toronto May 1-4 at the Perimeter
> Institute  and to a talk being given in the EE Computer Systems
> Colloquium at  Stanford this Wednesday, April 29th.  Both are
> related to the current  financial crisis and what we might do, as
> scientists and engineers, to  help resolve the situation.
>
> CONFERENCE:
>
> For more information on the conference.
http://www.perimeterinstitute.ca/en/Events/The_Economic_Crisis_and_Implications_for_Science/The
_Economic_Crisis_and_its_Implications_for_The_Science_of_Economics/
> Registration is required (seating is limited) but there is no charge
> for the event.
>
> From the Conference Abstract:
>
> Concerns over the current financial situation are giving rise to a
> need to evaluate the very mathematics that underpins economics as a
> predictive and descriptive science. A growing desire to examine
> economics through the lens of diverse scientific methodologies -
> including physics and complex systems - is making way to a meeting
> of  leading economists and theorists of finance together with
> physicists,  mathematicians, biologists and computer scientists in
> an effort to  evaluate current theories of markets and identify key
> issues that can  motivate new directions for research. Perimeter
> Institute was  suggested to be the gathering point and conference
> organizers plan to  foster a very careful, dispassionate discussion,
> in an atmosphere  governed by the modesty and open mindedness that
> characterizes the  scientific community.
>
> COLLOQUIUM:
>
> One of the conference organizers, Eric Weinstein, will be speaking
> in  the Stanford EE Computer Systems Colloquium (http://
> ee380.stanford.edu) Wednesday 4:15-5:30PM Pacific.  He will argue
> for  the need to have a broadly based, interdisciplinary "Economic
> Manhattan Project", a global effort to develop sophisticated
> quantitative models and tools that could be used to guide us out of
> the financial/economic current crisis.
>
> Eric's lecture will be given before a live audience in the Gates
> Computer Science Building (room B1) on the Stanford Campus; this is
> a  public lecture and anyone is welcome to attend.  The lecture will
> be  available over the Internet by webcast in real time (questions
> via  Twitter) and will be available for on-demand viewing from the
> Colloquium website about an hour or two following completion of the
> talk.  In time, Colloquium lectures are available on YouTube and
> iTunes and other distribution channels.  See the website for details.
>
> Dennis Allison
> Computer Systems Laboratory
> Stanford University
>
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--------------------------------------------------------
                Peter H. Salus, Ph.D.   
                211 St. Patrick St., #1001
                Toronto, ON M5T 2Y9
                    CANADA
        peter () netpedant com         +1 416 408-1728






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