So, folks, just back from two conferences in Europe. The first one, in Urbino, Italy, on Dynamic Modeling in Economics and Finance, was held in honor of me turning 60. There was a report from it that appeared on Italian TV. The announcer described me as "volcanic," and the co-organizer described some of my early work on bubbles and crashes as relevant to the current situation (accurate). One of the participants, Frank Westerhoff from Germany, presented a model discussed last week in a NYTimes column by Mark Buchanan on Tobin taxes stabilizing speculative markets. The link to see about the conference and get to the video of the Italian TV story is
http://www.econ.uniurb.it/bischi/MDEF2008.html.
Happy 60th, Barkley. I can't make anything out of the Italian, but you do appear pretty steamed.
ReplyDeleteA belated happy birthday, Barkley. Skimming through the program, I note Sordi presents a generalization of Goodwin's growth cycle model. Totally coincidentally, I just explained Goodwin's model the other day.
ReplyDeleteRobert,
ReplyDeleteMy my, small world. Actually, Serena Sordi was Goodwin's last grad student there at Siena.
Of course, Goodwin had quite a few models, but indeed the one you discuss is the one Sordi was talking about at the conference.