Wednesday, May 28, 2008
Wednesday, May 21, 2008
What I Learned Today, Email To Sam, And Thoughts On Experimental Economics
Sam said I needed to expand on these, but expansion is overrated.
1. Being professional and organized are the keys to success. It is all about time management and getting something done everyday.
2. Someone needs to really reexamine experimental economics. Levitt and List (2007) tried to do this, but they miss the point. Field experiments are as uninteresting and uninformative as laboratory experiments and econometric analysis on revealed preferences. McCloskey's rhetoric argument comes to mind. We are all telling stories. The beauty of stories is that at the end the reader defines what the moral (meaning) is.
3. I readily admit I am an idiot, but "bias" has no relevance in economics. This is also a big problem with experimental economics. The experimenter has to define "bias." This makes "bias" subjective.
4. I want to be an applied economist. I want to apply the "economic way of thinking" to relevant problems. Yes, "economic way of thinking" and relevant are subjective.
I will settle for a job that pays well and has good benefits.
1. Being professional and organized are the keys to success. It is all about time management and getting something done everyday.
2. Someone needs to really reexamine experimental economics. Levitt and List (2007) tried to do this, but they miss the point. Field experiments are as uninteresting and uninformative as laboratory experiments and econometric analysis on revealed preferences. McCloskey's rhetoric argument comes to mind. We are all telling stories. The beauty of stories is that at the end the reader defines what the moral (meaning) is.
3. I readily admit I am an idiot, but "bias" has no relevance in economics. This is also a big problem with experimental economics. The experimenter has to define "bias." This makes "bias" subjective.
4. I want to be an applied economist. I want to apply the "economic way of thinking" to relevant problems. Yes, "economic way of thinking" and relevant are subjective.
I will settle for a job that pays well and has good benefits.
Sports Thoughts
1. I could not watch the Pistons last night. I care too much. I do not like the Celtics, and I have a feeling that this is going to be a rough series for the Pistons.
2. The National League is getting screwed with this 16 versus 14 team alignment. You can take this argument further and break it down to divisions. A six team division versus a four team division. Is this a big deal? Probably not. But it bothers the hell out of me.
3. I am reading David Halberstram's The Education of a Coach about Bill Belechick. I still say it is about luck.
2. The National League is getting screwed with this 16 versus 14 team alignment. You can take this argument further and break it down to divisions. A six team division versus a four team division. Is this a big deal? Probably not. But it bothers the hell out of me.
3. I am reading David Halberstram's The Education of a Coach about Bill Belechick. I still say it is about luck.
Monday, May 19, 2008
Some Thoughts
1. Pat Jordan should write an article about Seth Greenberg. There is a classic shade of gray Jordan story there.
2. I cannot stand people saying "Well, you have the right to your opinion." What does that mean? If you do not agree with me, tell me why. If you are tired of arguing, then you must be wrong. This is as bad as saying "You are biased."
3. Some times the world seems fake. People seem fake. Existence seem fake. These times create religion. This is why people talk about "living for a higher cause." But that seems fake too. Reality has to be perception. Perception is all we have.
2. I cannot stand people saying "Well, you have the right to your opinion." What does that mean? If you do not agree with me, tell me why. If you are tired of arguing, then you must be wrong. This is as bad as saying "You are biased."
3. Some times the world seems fake. People seem fake. Existence seem fake. These times create religion. This is why people talk about "living for a higher cause." But that seems fake too. Reality has to be perception. Perception is all we have.
Friday, May 02, 2008
Thinking, Time, The Next Five Minutes, Athletes And Other Shit
I stay away from others' comments. I read them. They make me feel self-important. I am saddened by this self-importance. So I stay away.
But in the last post some things came up. It is obvious I do not practice what I preach. One cannot blog at 9:49AM from his office about how important it is to to get up and go to work. This blog is not my work. It cannot be. I get paid to bullshit about integrated pest management in the United States. I do not get paid to blog.
This being said, my work requires me to have portfolio of ideas at all times. It requires me to read. It requires me to be up-to-date with things going on in the world around me. It allows me to examine many ideas and increase my "knowledge." Maybe allows is a better word.
I am a knowledge worker. I do not possess any physical skills. I do not perform manual labor. My "knowledge," my "human capital," my capacity to bullshit earns my salary. This is what college degrees do. They turn people into professional bullshitters.
I wish I could romanticize this fact. I cannot. All I can say is that "some of this bullshit is kind of cool."
To be good at anything, one has to focus. One has to concentrate on the task in front of him. He has to take control of the the next five minutes. Just the next five minutes, nothing else matters.
I agree with Jeff. Jim Brown would run that lily white motherfucker over. He would not think about it. He would just do it. I have to bullshit about integrated pest management well enough to get me a job.
I agree with Sam. I have to maintain a portfolio of ideas. This will be key to getting a job. A portfolio of ideas requires thinking. It does not require worrying. Worrying is a waste of time. I cannot continue to waste time. I cannot continue to have too much time on my hands. Life is much too short.
So I am going to quit fucking around. I was fortunate enough to be around some good athletes. The one common thread between all succesful athletes is training and focus. They train and focus to the point where they cannot worry. They gain knowledge in their training, but when they play, they just do. All they care about is the next play or event. All the other shit leaves their mind, and they just do.
I have been like this before, and I will be like it again. And I am going to stay away from others' comments.
"The trouble with talking
Is it makes you sound clever
The trouble with waiting
Is you’ll just wait forever
There’s a loop of excuses
That plays in your mind
And makes the truth
Even harder to find"
But in the last post some things came up. It is obvious I do not practice what I preach. One cannot blog at 9:49AM from his office about how important it is to to get up and go to work. This blog is not my work. It cannot be. I get paid to bullshit about integrated pest management in the United States. I do not get paid to blog.
This being said, my work requires me to have portfolio of ideas at all times. It requires me to read. It requires me to be up-to-date with things going on in the world around me. It allows me to examine many ideas and increase my "knowledge." Maybe allows is a better word.
I am a knowledge worker. I do not possess any physical skills. I do not perform manual labor. My "knowledge," my "human capital," my capacity to bullshit earns my salary. This is what college degrees do. They turn people into professional bullshitters.
I wish I could romanticize this fact. I cannot. All I can say is that "some of this bullshit is kind of cool."
To be good at anything, one has to focus. One has to concentrate on the task in front of him. He has to take control of the the next five minutes. Just the next five minutes, nothing else matters.
I agree with Jeff. Jim Brown would run that lily white motherfucker over. He would not think about it. He would just do it. I have to bullshit about integrated pest management well enough to get me a job.
I agree with Sam. I have to maintain a portfolio of ideas. This will be key to getting a job. A portfolio of ideas requires thinking. It does not require worrying. Worrying is a waste of time. I cannot continue to waste time. I cannot continue to have too much time on my hands. Life is much too short.
So I am going to quit fucking around. I was fortunate enough to be around some good athletes. The one common thread between all succesful athletes is training and focus. They train and focus to the point where they cannot worry. They gain knowledge in their training, but when they play, they just do. All they care about is the next play or event. All the other shit leaves their mind, and they just do.
I have been like this before, and I will be like it again. And I am going to stay away from others' comments.
"The trouble with talking
Is it makes you sound clever
The trouble with waiting
Is you’ll just wait forever
There’s a loop of excuses
That plays in your mind
And makes the truth
Even harder to find"
Thursday, May 01, 2008
What Successful People Have Done
And they got up in the the morning and went to work.
And they worked.
And they did not let others' perceptions cloud their work.
And they did not let their own perceptions cloud their work.
And they did not let depression stop their work.
And they integrated their experiences, their successes, and most importantly their failures into their work.
And when the day had ended and their work was done, they allowed the day to end and their work to be done.
And they worked.
And they did not let others' perceptions cloud their work.
And they did not let their own perceptions cloud their work.
And they did not let depression stop their work.
And they integrated their experiences, their successes, and most importantly their failures into their work.
And when the day had ended and their work was done, they allowed the day to end and their work to be done.
Tuesday, April 29, 2008
Sunday, April 27, 2008
Being Here Versus Being There
Life requires focus. Well, the good life requires focus.
Life can only be lived now. The past does not matter. Past futures tell us that everything ends up alright. It gives us information, but that does not matter either. All we have is now. Every future depends on now, right now, the next second of your life. The next second is all that I control.
This is certainly not new information. It has been with us since the beginning. In fact, Jeff and GGM have said it better on this blog.
But it is the hardest lesson I have ever tried to learn. It is a lesson that I continuously forget. A lesson I have to relearn over and over again.
But everything ends up alright. That has to be good enough for me.
Life can only be lived now. The past does not matter. Past futures tell us that everything ends up alright. It gives us information, but that does not matter either. All we have is now. Every future depends on now, right now, the next second of your life. The next second is all that I control.
This is certainly not new information. It has been with us since the beginning. In fact, Jeff and GGM have said it better on this blog.
But it is the hardest lesson I have ever tried to learn. It is a lesson that I continuously forget. A lesson I have to relearn over and over again.
But everything ends up alright. That has to be good enough for me.
Saturday, April 26, 2008
Friday, April 25, 2008
Things I Learned This Afternoon
1. Shooting basketball, not playing, but just shooting does wonders for me. I start focusing on putting the ball just over the rim. I forget about how many I make. I just shoot. I have noticed younger guys (and maybe older guys too) do not feel this way. They want to play. They want to compete. They cannot see the value in focusing on putting the ball just over the rim.
2. A shower in the middle of the day especially warm days also does wonders for me. Feeling clean and refreshed is important to mental well-being. Some times morning showers just do not "take." Also, especially on warm days, a luke-warm to mildly cool shower makes you feel better than a hot shower because they "take" much better. It is hard at first to accept the cold water, but afterwards it does feel better.
2. A shower in the middle of the day especially warm days also does wonders for me. Feeling clean and refreshed is important to mental well-being. Some times morning showers just do not "take." Also, especially on warm days, a luke-warm to mildly cool shower makes you feel better than a hot shower because they "take" much better. It is hard at first to accept the cold water, but afterwards it does feel better.
Some More Good Sports Writing
Wednesday, April 23, 2008
Conversation
A: I don't trust non-parametric econometrics.
B: You mean you don't understand non-parametric econometrics.
A: No...I don't trust econometricians.
B: What do you mean? You don't trust people in general?
A: I don't trust anyone who analyzes data that they did not have any hand in creating. It just seems foolish. Why would anyone attempt to answer a question or understand a problem through someone else's eyes? There seems to be a step missing to me.
B: You mean you don't understand non-parametric econometrics.
A: No...I don't trust econometricians.
B: What do you mean? You don't trust people in general?
A: I don't trust anyone who analyzes data that they did not have any hand in creating. It just seems foolish. Why would anyone attempt to answer a question or understand a problem through someone else's eyes? There seems to be a step missing to me.
Tuesday, April 22, 2008
Academia
Arnold Kling discusses academia.
One has to define success before he can achieve it.
Bitterness has destroyed many men. I have to do what I care about, what I am passionate about. There is no other way.
Now I have to discover what I care and am passionate about. Working on my resume has helped me realize this.
I am starting to understand that a resume is just as much about the future as it is the past.
One has to define success before he can achieve it.
Bitterness has destroyed many men. I have to do what I care about, what I am passionate about. There is no other way.
Now I have to discover what I care and am passionate about. Working on my resume has helped me realize this.
I am starting to understand that a resume is just as much about the future as it is the past.
Monday, April 21, 2008
Bottled Water
I do not enjoy drinking water. I prefer diet soda.
I have tried. Sometimes I compromise with tea, coffee, and sugar-free drink mixes. But I always go back to diet soda.
Yesterday I bought a 24 pack of half-liter bottles of watter. I have done this before and will probably do it again. I usually use the bottles for the sugar-free drink mixes. It usually takes me three months to finish the 24 pack.
I am dehydrated. Dehydration leads to fatigue, headaches, and muscle cramps. I consume too much caffeine. This worsens my acid reflux which rots my esophagus.
What do I do?
The answer is to drink water. No matter if it is from a bottle or the fountain. Just do it.
This post has no point but represents me recognizing a problem and attempting to correct it.
I have tried. Sometimes I compromise with tea, coffee, and sugar-free drink mixes. But I always go back to diet soda.
Yesterday I bought a 24 pack of half-liter bottles of watter. I have done this before and will probably do it again. I usually use the bottles for the sugar-free drink mixes. It usually takes me three months to finish the 24 pack.
I am dehydrated. Dehydration leads to fatigue, headaches, and muscle cramps. I consume too much caffeine. This worsens my acid reflux which rots my esophagus.
What do I do?
The answer is to drink water. No matter if it is from a bottle or the fountain. Just do it.
This post has no point but represents me recognizing a problem and attempting to correct it.
Postive Thoughts
Over The Rhine's "We’re Gonna Pull Through"
You take your own sweet time
Order us a glass of wine
And wink at all the rich folks in the room
We’re gonna pull through
We’ve been careful, we’ve been good
Doing most of the things we should
But the picture is much bigger than we knew
We’re gonna pull through
There’s no such thing as cool
And we’re gonna pull through
I’d rather feel your heat
On a wicked winter day
Than watch a holiday parade
With dancers and balloons
We’re gonna pull through
You hold me just the same way
Levon would play
And The Weight is my favorite song
We’re gonna pull through
Breaking our own rules
We’re gonna pull through
Maybe, sorta, kinda
If I really had to say
Something good is on its way
And we’re gonna pull through
You take your own sweet time
Order us a glass of wine
And wink at all the rich folks in the room
We’re gonna pull through
We’ve been careful, we’ve been good
Doing most of the things we should
But the picture is much bigger than we knew
We’re gonna pull through
There’s no such thing as cool
And we’re gonna pull through
I’d rather feel your heat
On a wicked winter day
Than watch a holiday parade
With dancers and balloons
We’re gonna pull through
You hold me just the same way
Levon would play
And The Weight is my favorite song
We’re gonna pull through
Breaking our own rules
We’re gonna pull through
Maybe, sorta, kinda
If I really had to say
Something good is on its way
And we’re gonna pull through
Sunday, April 20, 2008
Another Football Story
Spence was a chiseled fullback. Two inches taller and he would have been Division I.
Stew was a sinewy cornerback. He was an all-conference long jumper, an above average Division III athlete.
I was an un-athletic center. A senior who had broke his leg as a junior. Now I could barely move to my left. I was always a step slow even for an offensive lineman. The leg made things worse.
It was Friday. Practice consisted of getting your uniform for Saturday’s game, screwing around, walking through tomorrow’s plans, screwing around, running when your special team was called, and screwing around some more. We then got in a circle, yelled “Win!” in unison, and went back to the locker room.
I had my cleats off. I stood up to take my shorts and jock off. My locker was next to Stew’s. He was 49. I was 50.
“You motherfucker!” Stew crashed into me, Spence on top of him shouting at the top of his lungs. My surgically repaired leg buckled. I barely scooted away in time.
Some other guys stepped into to break it up. I had no idea what the whole thing was about. It was not important.
Spence solidified his reputation as a truly crazy motherfucker. Stew remained a nice guy who had trouble knowing when to stop trying to be funny, a guy who won more accolades than Spence, but never earned the respect or fear from teammates that Spence did.
All I could think about was what if? What if my surgically repaired leg had snapped? What if I had been hurt? What if one of them had been seriously hurt?
I guess none of those things mattered after we won Saturday.
Stew was a sinewy cornerback. He was an all-conference long jumper, an above average Division III athlete.
I was an un-athletic center. A senior who had broke his leg as a junior. Now I could barely move to my left. I was always a step slow even for an offensive lineman. The leg made things worse.
It was Friday. Practice consisted of getting your uniform for Saturday’s game, screwing around, walking through tomorrow’s plans, screwing around, running when your special team was called, and screwing around some more. We then got in a circle, yelled “Win!” in unison, and went back to the locker room.
I had my cleats off. I stood up to take my shorts and jock off. My locker was next to Stew’s. He was 49. I was 50.
“You motherfucker!” Stew crashed into me, Spence on top of him shouting at the top of his lungs. My surgically repaired leg buckled. I barely scooted away in time.
Some other guys stepped into to break it up. I had no idea what the whole thing was about. It was not important.
Spence solidified his reputation as a truly crazy motherfucker. Stew remained a nice guy who had trouble knowing when to stop trying to be funny, a guy who won more accolades than Spence, but never earned the respect or fear from teammates that Spence did.
All I could think about was what if? What if my surgically repaired leg had snapped? What if I had been hurt? What if one of them had been seriously hurt?
I guess none of those things mattered after we won Saturday.
Saturday, April 19, 2008
Sometimes You Just Have To Win
When I was a senior in high school, I was the bench press king of the weight lifting class.
In February, I put up 300 pounds to put myself well-ahead of the offensive guard I played beside's 275. He played baseball, so he was not a threat for the rest of the year. The old coach rang a bell when someone put up 300. It was a nice moment.
(Our football program was going through a down period at the time. That is why these weights are a little low. We also had a very anti-supplement coach. I did not learn how to lift intelligently until college. I did not learn about nutrition until after college. Also many seniors quit lifting after football season and concentrated on curls and the things curls can bring a horny mannish-boy.)
But then in April, out of nowhere, a big ol' boy from the holler who was in the other class put up 300. I failed at 315.
The last max out was during the exam period. I maxed 315 on my second try. But the big ol' boy still had a chance to beat me the next day.
His class (and himself) decided to play basketball instead of maxing. I won by default.
A future Division I track prospect who did not lose in high school let me know of my championship. He said something to me like "You didn't want to win like that."
We had won only three football games total in my junior and senior years. I choked at the regional track meet and failed to make states. I replied "Sometimes you just have to fucking win."
I was a wise eighteen-year old.
In February, I put up 300 pounds to put myself well-ahead of the offensive guard I played beside's 275. He played baseball, so he was not a threat for the rest of the year. The old coach rang a bell when someone put up 300. It was a nice moment.
(Our football program was going through a down period at the time. That is why these weights are a little low. We also had a very anti-supplement coach. I did not learn how to lift intelligently until college. I did not learn about nutrition until after college. Also many seniors quit lifting after football season and concentrated on curls and the things curls can bring a horny mannish-boy.)
But then in April, out of nowhere, a big ol' boy from the holler who was in the other class put up 300. I failed at 315.
The last max out was during the exam period. I maxed 315 on my second try. But the big ol' boy still had a chance to beat me the next day.
His class (and himself) decided to play basketball instead of maxing. I won by default.
A future Division I track prospect who did not lose in high school let me know of my championship. He said something to me like "You didn't want to win like that."
We had won only three football games total in my junior and senior years. I choked at the regional track meet and failed to make states. I replied "Sometimes you just have to fucking win."
I was a wise eighteen-year old.
Friday, April 18, 2008
What I See
I walk to the bus. I see people talking and texting on cell phones. I see different brands and features. I see cars. I see different brands, sizes, fuel requirements and social signals.
I do not see one kind of anything. I do not see optimality. I see opinions, some foolish, some intelligent.
Some people minimize risk. Some people do not give a damn about risk. Some people consider risk a "spice of life." Some people buy lottery tickets. Some people buy insurance. Some people buy both.
When there is no optimality, when there is no "best" answer, when we just do not know, what do we do?
I better do something.
I do not see one kind of anything. I do not see optimality. I see opinions, some foolish, some intelligent.
Some people minimize risk. Some people do not give a damn about risk. Some people consider risk a "spice of life." Some people buy lottery tickets. Some people buy insurance. Some people buy both.
When there is no optimality, when there is no "best" answer, when we just do not know, what do we do?
I better do something.
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