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the 40 year old freshman 2011 skip to main skip to sidebar the 40 year old freshman charlie is going back to school again sunday october 23 2011 economics loses two of its best i just removed greg mankiw s and paul krugman s blogs from my feed reader s economics section while both of them are trained as economists and incredibly accomplished in the field neither of them writes anything i find educational these days they ve both become shrill hyper partisan talking heads which is a shame posted by charlie at 7 46 am 0 comments thursday september 29 2011 the ever increasing productivity of machines i have a lot to say about this but not enough time right now to say it so this post is a placeholder for a future discussion but here s the short version you need to get on the correct side of this curve if you re competing with computers instead of benefiting from them you re toast also seth godin nails it posted by charlie at 12 07 pm 0 comments monday july 18 2011 bummer i wasn t selected to attend the startup onomics conference i just got the email from the organizers of startup onomics the behavioral economics summit for startups at this time we have sent out the first round of invites we had an overwhelming amount of startups apply to come and we were only able to invite 20 based on our space limitations there will be a second round of invitations sent on a rolling basis this will be limited but don t worry if you have not received an invite at this time you can still participate we will be live streaming the event for our friends abroad and those who cannot attend we will send an update about this as the event comes closer thanks for your interest in the startuponomics summit and we hope to catch you next time around i m totally bummed i was really looking forward to it and thought i would be an ideal candidate to attend i m the founder of a startup in a space that is rife with behavioral economics issues i m an economics student with a specific interest in behavioral economics and i m already planning to be in san francisco for a week immediately after the conference if anyone has an in with the organizers hal cough varian cough google cough cough i m certainly not above having strings pulled in my favor posted by charlie at 8 40 am 0 comments sunday july 17 2011 economics i can believe in son 1 has fixed my blog problem i m going to make him a carrot cake comparative and absolute advantage sun jul 17 08 54 28 via twitter for mac diane coyle diane1859 posted by charlie at 6 35 am 0 comments monday june 13 2011 jeremy grantham goes malthusian from business insider jeremy grantham we re headed for a disaster of biblical proportions specifically grantham says the phenomenon of ever more humans using a finite supply of natural resources cannot continue forever and the prices of metals hydrocarbons oil and food are now beginning to reflect that now i m not as learned as mr grantham but i disagree there are substitutes for metals and hydrocarbons and anyone who has driven across the united states can tell you that we re nowhere near running out of capacity to grow more food then again the switch to substitutes takes time as does bringing online new food production capacity in the mean time if demand significantly outstrips supply things could get ugly posted by charlie at 11 16 am 0 comments wednesday june 8 2011 homo economicus from how and when to make a decision in the economist s more intelligent life magazine if all our decisions are so influenced by external factors that raises an inevitable question to what extent are we involved in our own decision making professor ackerman believes the answer is very little all of these subtle influences suggest that most of what is causing our behaviour we are really not aware of people are just very good at post hoc reasons for their behaviour tastes and preferences mentioned and then immediately set aside in most microeconomics courses seem to me to be the overriding inputs in almost all personal decisions marketers figured this out a long time ago what s taking economists so long posted by charlie at 6 37 am 0 comments friday june 3 2011 zmp s revisited tyler cowan following up on last summer s discussion of zero marginal product workers zmp s as he calls them offers a proof point people unemployed over 6 months rose by a whopping 361k 44 of all unemployed but again unless each worker s productivity remains constant over time it doesn t it doesn t follow that the currently unemployed weren t productive when they were working it could just be that the currently employed are working harder which stands to reason zmp s indeed zmv econ bloggers maybe posted by charlie at 8 41 am 0 comments monday may 30 2011 startup onomics the behavioral economics summit for startups has it really been more than seven months since i last posted to this blog yikes well at least i have a good excuse i ve spun a new company out of spanning sync raised a round of venture funding hired an incredible team of engineers salespeople and marketers and entered full startup mode my formal economics studies have been put on hold for the moment but my extra curricular studies continue unabated keynes varian harford ariely ahamed levy benioff hazlitt thaler cowan rosen carr my kindle runneth over and then this morning comes the uncannily timed news of a summit on behavioral economics for startups spooky and it s in san francisco just before dreamforce which is already on my calendar extra spooky i ve submitted my application and hope to be accepted to attend if so i ll document the whole thing extensively here our business after all is one that is greatly affected by our prospective customers ability to gauge risk a classic problem in behavioral economics fingers crossed posted by charlie at 8 16 am 0 comments newer posts older posts home subscribe to posts atom about me charlie austin texas united states hi i m charlie wood i m the founder and former ceo of spanning acquired by emc a married father of two a native texan and austinite and the oldest guy in most of my classes at ut where i m adding an economics major to my computer science degree for more about my re entry into academic life read this blog s inaugural post view my complete profile search this blog subscribe to posts atom posts all comments atom all comments econ blogs i read marginal revolution 9 hours ago robert reich 1 year ago david friedman s ideas 2 years ago the baseline scenario 3 years ago predictably irrational 4 years ago economist s view 6 years ago wsj economics blog 10 years ago economix 17 years ago the enlightened economist freakonomics economy experts the economist economics blog archive 2019 4 may 1 april 2 january 1 2018 4 november 2 october 1 january 1 2017 4 october 1 june 2 may 1 2011 8 october 1 economics loses two of its best september 1 the ever increasing productivity of machines july 2 bummer i wasn t selected to attend the startup on economics i can believe in june 3 jeremy grantham goes malthusian homo economicus zmp s revisited may 1 startup onomics the behavioral economics summit f 2010 32 october 1 august 2 july 2 june 2 may 2 april 4 march 3 february 7 january 9 2009 105 december 11 november 11 october 21 september 8 august 6 july 3 june 1 may 5 april 7 march 10 february 12 january 10 2008 15 december 8 november 2 october 5 my other blogs spanning sync blog shutting down today 13 years ago moonwatcher