Monthly Archives: March 2017

Big data in social sciences: a promise betrayed ?

In just 5 years, the mood at conferences on social science and big data has shifted, at least in France. Back in the early 2010s, these venues were buzzing with exchanges about the characteristics of the “revolution” (the 4Vs) with … Continue reading

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The ordinary business of macroeconometric modeling: working on the MIT-Fed-Penn model (1964-1974)

Against monetarism?  In the early days of 1964, George Leland Bach, former dean of the Carnegie Business School and consultant to the Federal Reserve, arranged a meeting between the Board of Governors and 7 economists, including Stanford’s Ed Shaw, Yale’s … Continue reading

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How much do current debates owe to conflicting definitions of economics?

It is not clear to me how the literature on the current state of economics got out of control. The genre is as old as the discipline itself and has grown cyclically with crises. But the last one broke out … Continue reading

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