Nick Werle's homepage



I know I've been absent, but I've been Quarking regularly, promise

Category : Uncategorized · No Comments · by Mar 24th, 2011

It’s been quite a while since I’ve written here, but that doesn’t necessarily mean that I’ve found a better way to express my ideas than the occasional essay on this blog. In fact, I’ve been writing a lot.

Last fall, I finished a year-long research project on the statistical foundations of Keynesian macroeconomics. It grew out of several strands of thought that came together after a fair amount of time spent in New York City’s great cathedral for thought, the 42nd Street Public Library. The project started as a final paper for Mark Blyth’s Foundations of Political Economy seminar, for which I had to write about the financial crisis using any o the theoretical frameworks we had developed over the semester. While reading Keynes’ General Theory, I noticed striking parallels in the theoretical relationships between Keynes’ macroeconomic aggregates and individual market actors and that between bulk matter and the individual particles that compose it. At the time, I was finishing up my physics degree with a course on thermodynamics and statistical mechanics – two theories of matter on different scales – and researching the development of nineteenth century physics for my honors thesis. After many revisions, the paper was accepted by the peer-reviewed Journal of Philosophical Economics and is coming out in their May, 2011 issue.

Since October, I’ve been a regular contributor to 3QuarksDaily, writing a monthly “Monday Musings” column on philosophy, economics, and whatever else strikes my fancy. So far, I’ve discussed how to use probability to model decision making in a psychologically accurate way (focusing on football and finance), the dualing politics of fiscal austerity and stimulus spending, and the ontology implicit in BBC’s Planet Earth. I’ve also written a couple more, about why credit rating agencies are systemically risky and something on David Harvey’s Marxist theory of capital overaccumulation.

From here on out, I’ll try to post on here whenever I’ve published something elsewhere, and perhaps put up a few original things as well. Thanks for reading.