C09006 - The Economic Crisis and It's Implications for The Science of Economics The Perimeter Institute conference on economics is being organized in an effort to better evaluate the state of economics as a predictive and descriptive science in light of the current market crisis. We believe that this requires careful, dispassionate discussion, in an atmosphere governed by the modesty and open mindedness that characterizes the scientific community. To do this we aim to bring leading economists and theorists of finance together with physicists, mathematicians, biologists and computer scientists to evaluate current theories of markets, and identify key issues that can motivate new directions for research. The conference will begin on May 1, 2009, with a day of invited talks by leading experts to a public audience of around 200 on the status of economic and financial theory in light of the crisis. We will then continue for three days of focused discussion and workshops with an invited group of around 30, aimed at defining research agendas that address that question and beginning work on them. http://pirsa.org/podcast/C09006 Science 2010 http://blogs.law.harvard.edu/tech/rss en-ca Fri, 12 Mar 2010 15:39:52 -0500 sbradwell@perimeterinstitute.ca Fri, 12 Mar 2010 15:39:52 -0500 G 180 pirsa-admin@perimeterinstitute.ca Steve Bradwell's - Podcast Generator A Science Less Dismal: Welcome to the Economic Manhattan Project An unexpected economic crisis provides an excellent opportunity to better understand the state of Economic theory as a science. While there appears to have been a broad systemic failure within the community of professional economists to predict the current collapse, it must be noted that there have been scattered successes which appear striking and demand our attention. The goal of this conference is to bring together economists, biologists, mathematicians, physicists, programmers, and financial professionals to explore the opportunities for bringing economic theory into closer contact with the more traditional sciences as the basis for ongoing work, partnership, and collaboration. Eric Weinstein http://streamer.perimeterinstitute.ca/mp3/d1c2d425-a95d-4e99-974d-fe730ebcebf5.mp3 Science http://streamer.perimeterinstitute.ca/mp3/d1c2d425-a95d-4e99-974d-fe730ebcebf5.mp3 Fri, 01 May 2009 09:15:00 -0400 Interpreting the Failure to Predict Financial Crises and Recession TBA Nouriel Roubini http://streamer.perimeterinstitute.ca/mp3/ab952804-4ca2-460e-a0c5-d31aae070990.mp3 Science http://streamer.perimeterinstitute.ca/mp3/ab952804-4ca2-460e-a0c5-d31aae070990.mp3 Fri, 01 May 2009 10:05:00 -0400 Untitled TBA Nassim Taleb http://streamer.perimeterinstitute.ca/mp3/9112b33e-4480-41b5-91a6-d90f93750b99.mp3 Science http://streamer.perimeterinstitute.ca/mp3/9112b33e-4480-41b5-91a6-d90f93750b99.mp3 Fri, 01 May 2009 11:20:00 -0400 Panel Discussion NA Nouriel Roubini,Nassim Taleb,Richard Freeman,Eric Weinstein http://streamer.perimeterinstitute.ca/mp3/a28b2897-507f-40e2-8b71-e5d26992a01a.mp3 Science http://streamer.perimeterinstitute.ca/mp3/a28b2897-507f-40e2-8b71-e5d26992a01a.mp3 Fri, 01 May 2009 12:10:00 -0400 Scientists, Scienster, Anti-Scientists & Economists The syntax of economic theory closely resembles the syntax of physics. But physics deals with what seems to be the objective world. In contrast, the essence of economics is subjectivity and moral choice. What can you reasonably expect from treating economics as a branch of science? This talk compares the nature and efficacy of models in both physics and finance, and tries to reach a sane answer to the question above. Emanuel Derman http://streamer.perimeterinstitute.ca/mp3/afa2290d-2a19-46b8-8dcf-c2fbc86a0a17.mp3 Science http://streamer.perimeterinstitute.ca/mp3/afa2290d-2a19-46b8-8dcf-c2fbc86a0a17.mp3 Fri, 01 May 2009 14:30:00 -0400 The Adaptive Markets Hypothesis and Financial Crisis TBA Andrew Lo http://streamer.perimeterinstitute.ca/mp3/62ca9332-7274-4726-a689-4d3f3a3053ed.mp3 Science http://streamer.perimeterinstitute.ca/mp3/62ca9332-7274-4726-a689-4d3f3a3053ed.mp3 Fri, 01 May 2009 15:20:00 -0400 Human Evolution and Economics TBA Richard Alexander http://streamer.perimeterinstitute.ca/mp3/cd438a2b-c295-473d-9164-0242daaf3ce7.mp3 Science http://streamer.perimeterinstitute.ca/mp3/cd438a2b-c295-473d-9164-0242daaf3ce7.mp3 Fri, 01 May 2009 16:30:00 -0400 Panel Discussion NA Emanuel Derman,Andrew Lo,Richard Alexander,Bill Janeway,Zoe-Vonna Palmrose http://streamer.perimeterinstitute.ca/mp3/a81a4c0d-e3d6-4bf1-aee6-3b9f4a6dc713.mp3 Science http://streamer.perimeterinstitute.ca/mp3/a81a4c0d-e3d6-4bf1-aee6-3b9f4a6dc713.mp3 Fri, 01 May 2009 17:20:00 -0400 Physicists attempt to scale the ivory towers of finance N/A J Doyne Farmer http://streamer.perimeterinstitute.ca/mp3/48b18b6a-c9e7-4fb1-a138-57e247ecd39c.mp3 Science http://streamer.perimeterinstitute.ca/mp3/48b18b6a-c9e7-4fb1-a138-57e247ecd39c.mp3 Sat, 02 May 2009 09:15:00 -0400 Agent - Based Computationational Modeling and Macroeconomics TBA Leigh Tesfatsion http://streamer.perimeterinstitute.ca/mp3/9800555e-5f89-4ec7-b202-7824c4313823.mp3 Science http://streamer.perimeterinstitute.ca/mp3/9800555e-5f89-4ec7-b202-7824c4313823.mp3 Sat, 02 May 2009 13:00:00 -0400 A New Marginalism: Gauge Theory in Economics Pia Malaney http://streamer.perimeterinstitute.ca/mp3/2d1c0aba-bbed-4462-a3c5-b3cb5d427135.mp3 Science http://streamer.perimeterinstitute.ca/mp3/2d1c0aba-bbed-4462-a3c5-b3cb5d427135.mp3 Sat, 02 May 2009 14:45:00 -0400 Discussion on the Relation of Macro to Micro Economics TBA Barkley Rosser http://streamer.perimeterinstitute.ca/mp3/58ec30d4-ac0f-4ca2-be43-dbe040af95ac.mp3 Science http://streamer.perimeterinstitute.ca/mp3/58ec30d4-ac0f-4ca2-be43-dbe040af95ac.mp3 Sun, 03 May 2009 09:00:00 -0400 A look at some models The NASDAQ Model The Partecon Model Alex Outkin,Mike Brown,Jim Herriot http://streamer.perimeterinstitute.ca/mp3/28b90595-cbf4-40ad-be2f-b75879d253a7.mp3 Science http://streamer.perimeterinstitute.ca/mp3/28b90595-cbf4-40ad-be2f-b75879d253a7.mp3 Sun, 03 May 2009 10:00:00 -0400 Part Econ Model Perturbation Theory Out of Equilibrium An Ecological Model of the US Economy Jim Herriot,Bruce Sawhill http://streamer.perimeterinstitute.ca/mp3/43368c8e-1165-4890-b913-6513f8b198ad.mp3 Science http://streamer.perimeterinstitute.ca/mp3/43368c8e-1165-4890-b913-6513f8b198ad.mp3 Sun, 03 May 2009 11:15:00 -0400 Perturbation Theory Out of Equilibruim Samuel Vazquez http://streamer.perimeterinstitute.ca/mp3/26b69461-b26c-43e2-ba5c-065e6a8be07f.mp3 Science http://streamer.perimeterinstitute.ca/mp3/26b69461-b26c-43e2-ba5c-065e6a8be07f.mp3 Sun, 03 May 2009 16:15:00 -0400 An Ecological Model of the US Economy Kelly Rose http://streamer.perimeterinstitute.ca/mp3/32b5ac85-83d3-46b6-8025-f770a962b125.mp3 Science http://streamer.perimeterinstitute.ca/mp3/32b5ac85-83d3-46b6-8025-f770a962b125.mp3 Sun, 03 May 2009 17:10:00 -0400 Report of Group Discussion Sundance Bilson-Thompson http://streamer.perimeterinstitute.ca/mp3/dd6c1145-f1bf-475b-9cab-e81f9940bae8.mp3 Science http://streamer.perimeterinstitute.ca/mp3/dd6c1145-f1bf-475b-9cab-e81f9940bae8.mp3 Sun, 03 May 2009 18:00:00 -0400