Adam Smith Blog

Other Writing

Economics lessons from Dr Seuss

Other Writing
Language matters. Any poet can attest to that, as can any lawyer. (One recent court case in the US turned on an ambiguity created by a missing comma.) But it’s less clear that we economists have realised how important it is to write clearly. One who has is Paul Romer, the Chief Economist of the […]

Books that will help you give a superb talk

Marginalia
Nobody ever mastered a skill by reading books – with the possible exception of reading itself. But books can help. Below are a few that I’ve found helpful over the years. But first, a few observations. First, a good speech needs to have a purpose. All too often people view speeches the way my daughter […]

Kenneth Arrow, economist, 1921-2017

Other Writing
Kenneth Arrow, who has died aged 95 at his home in Palo Alto, California, on Tuesday was a towering figure in 20th century economics. In 1972, at the age of 51, he won one of the first Nobel memorial prizes in economics, the youngest winner then or since. Yet even a Nobel Prize understates Arrow’s […]

Undercover Friday – Lies and Statistics

Other Writing
A friendly guide to fake news… Since this seems as topical as ever, a few interesting titbits. Here’s an attempt by two economists (Gentzkow is widely admired, haven’t encountered Alcott before) to quantify the electoral impact of fake news stories circulating through social media. Here’s the wonderful Maria Konnikova on “Trump’s Lies vs Your Brain” […]