by Tyler Cowen
on October 29, 2008 at 3:35 pm
in Economics, Education, Web/Tech
Here is the article, there is lots from me and from Mark Thoma, among others.
On a more casual note, I’ve enjoyed blogging the same topic week after week after week. I wonder at what point I will feel like cracking?
I’m sure that saturation point will be here soon, but then again how long have the political bloggers written about the same stuff week after week after week, ad nauseum?
I think journalists would inevitably have trouble competing with econ professors, financial professionals, and other bloggers on equal footing, at least for the readership segments interested in the most depth or the most polemical writing (not this blog). At the same time, blogging does lend itself to tossing half-baked ideas around, even if they’re extremely erudite ones.
When are you going to roll up all your blog posts and publish them as a book on the crisis?
How about answering this nagging question of mine?
Which edition of 2666 should I preorder? The hardcover or the 3 paperback box set?
People will keep reading the econ blogs because, from my point of view, they are better written, fairer, much more detailed in arguments and facts, and have better comments than political blogs.
I blog on an entirely different topic, but until very recently, been doing it every day. It’s fun, and it’s great to have constant exchanges with like minded individuals.
As the Economist said today — it’s been probably the most creative six weeks in central banking policies. It doesn’t get better than this.
That article is gibberish. Some economists like Alex and Tyler have done a good job, but most of the best analysis has been done by non-economists who happen to know a lot about these issues. Accross the Curve, Barry Ritholtz, Felix Salmon, the WSJ real time econ blog, and calculated risk all come to mind. All are great and I don’t think any of these guys are economists. MBAs in some cases, but I think most economists would say that’s not the same. It is the medium, not the degree, that matters.
As a long time and loyal reader, I have found this blog *almost* unreadable since this whole mess went down. Economics as it applies to the actual economy is terribly boring. Really the only thing that keeps it interesting is Tyler and Alex arguing with each other a bit.
The reason blogs are getting so much attention is because they offer much better analysis than most news organizations. You go to the NY Times or the Post or another major news outlet and all you get is headline news with few links to deep analysis. Even Krugman offers not much more than statements like, “things just got a lot, lot worse” or “the bottom just fell out” or “the economy is going to look dismal.” These aren’t exact quotes, but that’s about as much as he offers. You guys – the blogger economists – tend to provide solid analysis of topics that just can’t be found easily from the front pages of major news organizations’ websites.
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