{"id":697,"date":"2009-03-03T00:56:18","date_gmt":"2009-03-03T05:56:18","guid":{"rendered":"http:\/\/onthe8spot.com\/?p=697"},"modified":"2009-03-03T00:56:18","modified_gmt":"2009-03-03T05:56:18","slug":"easy-way-to-find-things-to-do-great-work-on-advice-from-paul-krugman","status":"publish","type":"post","link":"http:\/\/onthe8spot.com\/index.php\/2009\/03\/03\/easy-way-to-find-things-to-do-great-work-on-advice-from-paul-krugman\/","title":{"rendered":"Easy Way To Find Things To Do Great Work On (Advice from Paul Krugman)!"},"content":{"rendered":"<div class=\"zemanta-img zemanta-action-click\">\n<figure style=\"width: 150px\" class=\"wp-caption alignright\"><a href=\"http:\/\/www.daylife.com\/image\/013U5TpbLf8CD\"><img data-recalc-dims=\"1\" loading=\"lazy\" decoding=\"async\" title=\"PRINCETON, NJ - OCTOBER 13:  Princeton Profess...\" src=\"https:\/\/i0.wp.com\/cache.daylife.com\/imageserve\/013U5TpbLf8CD\/150x102.jpg?resize=150%2C102\" alt=\"PRINCETON, NJ - OCTOBER 13:  Princeton Profess...\" width=\"150\" height=\"102\" \/><\/a><figcaption class=\"wp-caption-text\">Image by Getty Images via Daylife<\/figcaption><\/figure>\n<\/div>\n<blockquote><p><em>I was, of course, only saying something that critics of conventional theory had been saying for decades. Yet my point was not part of the mainstream of <a class=\"zem_slink\" title=\"International economics\" rel=\"wikipedia\" href=\"http:\/\/en.wikipedia.org\/wiki\/International_economics\">international economics<\/a>. Why? Because it had never been expressed in nice models. The new <a class=\"zem_slink\" title=\"Monopolistic competition\" rel=\"wikipedia\" href=\"http:\/\/en.wikipedia.org\/wiki\/Monopolistic_competition\">monopolistic competition<\/a> models gave me a tool to open cleanly what had previously been regarded as a can of worms. More important, however, I suddenly realized the remarkable extent to which the <a class=\"zem_slink\" title=\"Methodology\" rel=\"wikipedia\" href=\"http:\/\/en.wikipedia.org\/wiki\/Methodology\">methodology<\/a> of <a class=\"zem_slink\" title=\"Economics\" rel=\"wikipedia\" href=\"http:\/\/en.wikipedia.org\/wiki\/Economics\">economics<\/a> creates blind spots. We just don&#8217;t see what we can&#8217;t formalize. And the biggest <a class=\"zem_slink\" title=\"Blind spot (automobile)\" rel=\"wikipedia\" href=\"http:\/\/en.wikipedia.org\/wiki\/Blind_spot_%28automobile%29\">blind spot<\/a> of all has involved <a class=\"zem_slink\" title=\"Returns to scale\" rel=\"wikipedia\" href=\"http:\/\/en.wikipedia.org\/wiki\/Returns_to_scale\">increasing returns<\/a>. <strong>So there, right at hand, was my mission: to look at things from a slightly different angle, and in so doing to reveal the obvious, things that had been right under our noses all the time.<\/strong><\/em><\/p><\/blockquote>\n<p><a href=\"http:\/\/www.princeton.edu\/~pkrugman\/howiwork.html\">From How I Work&#8211;Paul Krugman<\/a><\/p>\n<h6 class=\"zemanta-related-title\" style=\"font-size: 1em;\">Related articles by Zemanta<\/h6>\n<ul class=\"zemanta-article-ul\">\n<li class=\"zemanta-article-ul-li\"><a href=\"http:\/\/hermenaut.org\/2008\/10\/14\/endearingly-egocentric-comment-of-the-week\/\">Endearingly egocentric comment of the week<\/a><\/li>\n<li class=\"zemanta-article-ul-li\"><a href=\"http:\/\/brothersjuddblog.com\/archives\/2008\/10\/naipaul_seems_such_a_long_time.html\">Naipaul Seems Such a Long Time Ago:<\/a><\/li>\n<\/ul>\n<div class=\"zemanta-pixie\" style=\"margin-top: 10px; height: 15px;\"><a class=\"zemanta-pixie-a\" title=\"Zemified by Zemanta\" href=\"http:\/\/reblog.zemanta.com\/zemified\/8b9aa047-36c1-4b24-8c6e-8cdcf4714c4a\/\"><img data-recalc-dims=\"1\" decoding=\"async\" class=\"zemanta-pixie-img\" style=\"border: medium none; float: right;\" src=\"https:\/\/i0.wp.com\/img.zemanta.com\/reblog_e.png?w=525\" alt=\"Reblog this post [with Zemanta]\" \/><\/a><span class=\"zem-script more-related\"><script src=\"http:\/\/static.zemanta.com\/readside\/loader.js\" type=\"text\/javascript\"><\/script><\/span><\/div>\n","protected":false},"excerpt":{"rendered":"<p>I was, of course, only saying something that critics of conventional theory had been saying for decades. Yet my point was not part of the mainstream of international economics. Why? Because it had never been expressed in nice models. The new monopolistic competition models gave me a tool to open cleanly what had previously been &hellip; <\/p>\n<p class=\"link-more\"><a href=\"http:\/\/onthe8spot.com\/index.php\/2009\/03\/03\/easy-way-to-find-things-to-do-great-work-on-advice-from-paul-krugman\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Easy Way To Find Things To Do Great Work On (Advice from Paul Krugman)!&#8221;<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[6],"tags":[276,470,1007,1021,1074,1083,1102,1103,1136,1300,1301],"class_list":["post-697","post","type-post","status-publish","format-standard","hentry","category-best-read","tag-business","tag-economic","tag-new-york-times","tag-nobel-memorial-prize-in-economic-sciences","tag-paul-krugman","tag-people","tag-philosophy","tag-philosophy-of-science","tag-princeton-university","tag-social-science","tag-social-sciences"],"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"http:\/\/onthe8spot.com\/index.php\/wp-json\/wp\/v2\/posts\/697","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/onthe8spot.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/onthe8spot.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/onthe8spot.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"http:\/\/onthe8spot.com\/index.php\/wp-json\/wp\/v2\/comments?post=697"}],"version-history":[{"count":0,"href":"http:\/\/onthe8spot.com\/index.php\/wp-json\/wp\/v2\/posts\/697\/revisions"}],"wp:attachment":[{"href":"http:\/\/onthe8spot.com\/index.php\/wp-json\/wp\/v2\/media?parent=697"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/onthe8spot.com\/index.php\/wp-json\/wp\/v2\/categories?post=697"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/onthe8spot.com\/index.php\/wp-json\/wp\/v2\/tags?post=697"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}