Frontline Documentaries

Breaking the Bank;
The Madoff Affair;
Black Money;
The Persuaders.

Full programs can be watched online.

Interview with Samuelson

On the rise and fall (and rise) of Keynesianism, the influence of Milton Friedman, and the era of Alan Greenspan. Also on the current crisis and the need for a more stimulus spending.

p.s. Mankiw has some more words to say.

Summer seminar

On The Theory of the Firm and Its Applications in Management Research at Copenhagen Business School (with fancy slides, see here and here).

via Organizations and Markets.

Latest Economics Rankings

Top 10% institutions.

Why chickens go across street?

The Prelim version:

1. "Because the price of going across goes down, and the behavior obeys the Law of Demand."
2. "Because the Pareto optimal allocation is on the tangency of the other side of the street."
3. "It is the result of a unique SPE of the alternating bargaining game, the second chicken agrees the offer immediately in the first period and passes across."
4. "Although it is off the equilibrium path, going across is a best response to its own belief."

Good luck to those Macro prelimers!