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Modeled Behavior · 2d ago

Modeled Behavior’s RSS Feed

Hopefully within the next day or two we will be able to get Modeled Behavior.com to redirect to our Forbes Blog.  Yet, it looks as if there is no way to get our RSS feed to continue to work. Here is a link to our new RSS feed a Forbes. http://blogs.forbes.com/modeledbehavior/feed/ We also will not [
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Modeled Behavior · 3d ago

We’re moving!

A quick announcement: we’ve moved the blog to Forbes. You’ll be able to find us there at blogs.forbes.com/modeledbehavior, and soon modeledbehavior.com will redirect there. All our old links will still work, and an archive of the old site will be available soon. Thanks to everyone for reading, comme
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Modeled Behavior · 5d ago

The idiotic war on the American Community Survey

Catherine Rampell has some excellent coverage of the GOP war on the ACS that does an admirable job of not pulling punches and calling nonsense out as nonsense: It is, more or less, the country’s primary check for determining how well the government is doing — and in fact what the government will be
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Modeled Behavior · 6d ago

Where were the elites?

On Karl’s Up With Chris Hayes appearance, Betsey Stevenson rightly pointed out the obvious falseness of the claim that we would be better off if we defaulted on our debt during the debt ceiling crisis. Everyone seemed to agree it was a problem that there were no elites to come down on Republican pol
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Modeled Behavior · 6d ago

Programing Note: Up With Chris

I am on Up With Chris this morning starting at 8AM on MSNBC with Betsey Stevenson, Bill Black, and Ezra Klein. Filed under: Babble
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Modeled Behavior · 6d ago

Brain and computer integration

I don’t know enough about the science to tell whether this is a significant step forward in neural-interface systems, or just the specific potential of neural-interface systems to aid paralyzed individuals, but this report from the NYT is encouraging in any case: Two people who are virtually paralyz
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Modeled Behavior · 1W ago

Eagle Ford Update

Eagle Ford development is proceeding a bit slower than I would have hoped. Nonetheless, the numbers are impressive. From the Houston Chronicle Production in the Eagle Ford could reach 1 million barrels a day by 2016, said Trevor Sloan, director of energy research at ITG Investment Research in Calgar
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Modeled Behavior · 1W ago

Noah Smith on the Cyclical-Structural Divide

Key points Krugman and some of the cyclicalists have focused the vast majority of their attention on cyclical issues. But this reinforces the (mistaken, misleading) claim of the structuralists that there is a tradeoff between the short term and the long term. One more Krugman blog post is not going
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Modeled Behavior · 1W ago

Scott Walker’s Numbers

So there has been a lot of chuckling over Scott Walker’s suggestion that his office is going to produce its own statistics. This is important to me because it highlights a couple of things. First off what does it mean to “create 250K jobs.”  I am going to tell you that it means that the [...]
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Modeled Behavior · 1W ago

The Sumner Critique and the Central Bank Multiplier

I define the simplified version of the Sumner Critique as follows: If the Central Bank is targeting Nominal GDP precisely then all other macroeconomic effects become classical in nature. This is obviously an extreme position as it requires not just omnipotence but omniscience and for lack of a bette
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