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The
Institute for New Economic Thinking (INET) research program on IKE is developing formal macroeconomics and
finance theory that is open to non-routine change and economists’
imperfect knowledge, and explores its empirical and policy implications.
The
INET Center for Imperfect Knowledge Economics at
the University of Copenhagen was launched on April 16, 2012 by INET Director
Rob Johnson and INET founder George Soros. Check out the program and download
papers and presentations here
Beyond
Mechanical Markets was released by Princeton University
Press in March 2011. Read about the book in:
The Economist Killing Off the Monster (Buttonwood, 2-24-2011)
The American Putting Mr. Market on the Couch (Arnold Kling,
3-9-2011)
Seeking Alpha Book
Review: Frydman and Goldberg, ‘Beyond
Mechanical Markets’ (Brenda Jubin, 3-9-2011)
Financial Times We Need New Models in an Uncertain World (John Authers, 3-12-2011)
Frankfurter Allgemeine
Mechanical Markets-Two Economists In Search of a
Realistic Theory (Gerald Braunberger, 3-21-2011)
Finanz and Wirtschaft Objections
To Investments in Aktien SGS (Alfons
Cortes, 3-23-2011)
The Times Pragmatism is King in Our Vague New World (Anatole Kaletsky, 3-25-2011)
Financial World Theory Fanatics (Keyar Patel,
4-2011)
Financial Times Better Models Won’t Avert Crisis (James Mackintosh,
4-18-2011)
Financial Times Sirens or Hobgoblins, Consistency Depends on the Context
(John Kay, 4-20-2011)
Bloomberg.com Robo-Investors Beware-What You Don’t Know Can Kill
Your Portfolio: Books (James Pressley, 5-4-2011)
Business Standard In Search of Imperfections (Abkheek
Barua, 5-12-2011)
27 East Recommended Real estate Reads for the Summer_(Joesph Finora, 5-23-2011)
Central Banking.Com Book Review (Graham Bannock, 5-24-2011)
Huffington Post Frydman and Goldberg’s Beyond
Mechanical Markets (Robert Teitelman,
5-25-2011)
Bloomberg.com Top Business Books, From ‘Mechanical
Markets’ to ‘Ugly Beauty’ (James Pressley,
5-29-2011)
Wall Street Journal Excessive Optimism and Other Economic Biases
(Henry Kaufman, 8-1-2011)
Economics and Society The Legacy of Sargent and Sims: Some thoughts,
beyond my reaction of “eh” (Arnold Kling,
10-13-2011)
Semi-Daily
Journal of
Brad DeLong
Calibration and Econometric Non-Practice
(Brad Delong, 10-17-201)
Financial Times
The Random Shock That Clinched a Brave Nobel Prize
(John Kay, 10-18-2011)
Huffington Post
The Nobel and the Debate Over the Markets
(Robert Tietelman, 10-20-2011)
The Deal Magazine Transactions: October 31, 2011 (Robert Teitelman, 10 31 2011)
Journal of Economic
Methodology
Against Psychosis: A Review of Roman Frydman
and Michael Goldberg’s
Beyond Mechanical Markets (Kevin Hoover, forthcoming)
Financial Times
Reader, I Loved Them: From Cybercrime to the Art of
Willem de Kooning, FT writers
and Guests Pick Their Non-Fiction Favourites (Martin Wolf, 11 26 2011)
Interview with Clay Naff
(Huffington Post Blogger) on the economy and rationality
Imperfect
Knowledge Economics at the
inaugural conference of the Institute for New Economic Thinking
(INET), Kings College, Cambridge, UK, April 8-11, 2010
Teaching and Research Interests:
Imperfect Knowledge Economics, Fluctuations and Risk in Financial Markets,
Modeling Expectations, Monetary Policy
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