Category Archives: Misc

The Summer

I had three goals, one of which is broad, this summer. I aimed to do some reading on education economics and begin some empirical research, mathematics self-study, and programming practice. I have completed all with the exception that I gave up on R programming in favour for Stata and Python mix.

During the school year there is a fluid productive rhythm that work flows through. Consider this, I would wake up, run, go to class, work between classes, come home, relax then eat, do some work, some recreational reading and sleep. This is a generalization of my schedule for about 60% of the school year. The anchor here is my course schedule, which anchors my errands. It actually makes the forward horizon easy to see. I plan much of everything else around this and makes decision-making easier. However, the summer has an air of relaxation that can waste an entire day sometimes. My daily runs are usually the main anchor but that’s relatively flexible activity to move around.

Moreover, in school one can make inferences on effort from peers on work hours on specific projects since they are homogenous, as if they were econometricians themselves. Amongst mathematicians there is a tradition of autodidacts. People have often picked up textbooks and taken online courses at a pace unique from anyone else. For others, like myself, forums exist that show subjective information of mathematicians and senior students on self-study. This channel has been my way to remedy my lack of productivity anchoring. From information online I can get some sort of subject expectation of what I should be learning and how fast, as a replacement for classroom evaluation.

Of course, this is all retrospective. I used online forums to read questions about issues with proofs, programming code, book selection, etc. If I were to do it all again I would have a time sensitive schedule instead of a 3 project 3 month rule.

Why Blog, Why Economics

I don’t just study economics because sometime in high school there was one grade that was above the mean and steadily so. I find myself asking economics questions. Previously I envisioned myself as Gordan Gecko, some sort of 80s banker fantasy but the questions I was asking and the subjects I was curious about were always theoretical and scholarly. Hardly was I asking questions related to networking, investment banking, and so on. I had no interest and I would be lying if I said I had a comparative advantage in dealing with people.  I certainly do not. But I like math and I view the world through it, and certainly economics is a replication and answer to my questions. Thus, an intellectual pursuit is followed rather than risk living a life of regret.

There is always good reason to think one’s immediate anticipation of regret is an overreaction but still regret in not studying economics versus missing out on a career in finance or consulting lead to a decision. In fact, my over-analyzation of my decisions just lead me more into economics. I entered another world, besides the rockstar world of macroeconomics, into game theory and behavioural economics to name a few.

The use of this site will be to chronicle ideas and thoughts about economics. I will use it more to project my thoughts back to myself.  Previously I had written on a blog, but it was more of a back and forwards discussion with a friend concerning Federal Reserve policy and economics of the Arab Spring. Since then my interests have been cast in a slightly different direction in terms of application of economics and more so to economic theory itself.