Posts filed under ‘Ephemera’
Happy Hayek-Klein day
| Peter Klein |
Today, May 8, is the birthday of two extraordinary brilliant, prolific, and influential social theorists: F. A. Hayek (born 1899) and, um, me (born sometime after that). Enjoy a piece of cake for Fritz and myself.
(Another Hayek-Klein connection: I once owned a car formerly owned by the philosopher W. W. Bartley, III, for whom I had worked as a research assistant. Bartley had purchased the car in Germany, where he was conducting a series of interviews with Hayek for a planned biography, and later had it shipped to him in California. Hayek himself thus spent a good deal of time in the car’s passenger seat. Naturally, when I owned the car, I told my friends that I was the holder of the “Hayek Chair.”)
Among the Euro-weenies
| Peter Klein |
Europeans are ignorant and stupid, says Wisconsin Law Professor Gordon Smith. (He's actually making a serious point, at least in one of his posts.) Consistent with this blog's spirit of international cooperation, I hasten to add that I neither approve nor condemn such sentiments.
(Apologies to P.J. O'Rourke for stealing his title.)
Ranking Mania
| Nicolai Foss |
I just received a mail from the administrators of SSRN: “SSRN is pleased to announce a new service: Top Business Schools Rankings based on downloads from SSRN's eLibrary. This list will be updated at the beginning of each month and joins the Top Law School Rankings, announced last year.”
Here is the list of US school for those who care:
SSRN TOP 20 U.S. BUSINESS SCHOOLS (BETA)
1 Harvard Business School
2 University of Chicago – Graduate School of Business
3 University of Pennsylvania – The Wharton School
4 Yale School of Management
5 New York University – Leonard N. Stern School of Business
6 Massachusetts Institute of Technology (MIT) – Sloan School of Management
7 Stephen M. Ross School of Business at University of Michigan
8 Columbia University – Columbia Business School
9 Dartmouth College – Tuck School of Business
10 William E. Simon Graduate School of Business Administration
11 Duke University – Fuqua School of Business
12 University of Texas at Austin – Red McCombs School of Business
13 Stanford Graduate School of Business
14 University of Southern California – Marshall School of Business
15 Northwestern University – Kellogg School of Management
16 Ohio State University – Fisher College of Business
17 Cornell University – Samuel Curtis Johnson Graduate School of Management
18 Indiana University Bloomington – Kelley School of Business
19 University of California, Berkeley – Haas School of Business
20 University of Illinois at Urbana-Champaign – College of Business
And here is the so-called “international list”: (more…)
Is Economics Losing Its Spine?
| Nicolai Foss |
The critique of economics from sociologists, so-called “heterodox” economists, management scholars, etc. used to be that it was too “rigid,” because of a too heavy commitment to fundamental principles, such as strong interpretations of individual rationality (maximization), equilibrium, and so on. As a result, the critics maintained, the central insights of disciplines such as sociology, psychology and anthropology were not only at variance with economics but also much more realistic, applicable, etc. Attempts to apply maximization, stable preferences and equilibrium to neighbouring disciplines only led to disciplinary bastardization in which the essential ideas of these neighbouring disciplines got lost. And so on.
While this kind of critique continues to be made, of course, I believe that the basis for making it is becoming increasingly weak. (more…)
Getting Old?
| Nicolai Foss |
I got back a review report today. Among many thoughtful observations, the report noted about the paper: “It lacks the fresh originality of the early Foss papers.”
Welcome!
Organizations and Markets is now up and running. Welcome to all readers. (Hopefully the plural is appropriate.)
We started this blog for two reasons. First, while there are many excellent blogs on economics, law, and public policy, there are relatively few on organization, strategy, and management, our main areas of research. Organizations and Markets hopes to help fill this gap. Second, we think we have a unique and interesting perspective on many of these issues, and we thought it would be fun to share this perspective with the world. (If the latter reason sounds immodest, well, what did you expect from a public blog?)









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