The LHC is on, running at 3.5 trillion electron volts (TeV). Protons have been smashed together, creating explosions that only house-sized sensors can feel. So far, no word of black holes eating all of France and Switzerland.
This does mean that the Tevatron at Fermilab, just outside of Chicago, has officially been out-gunned. I’ll bet the cows grazing above the Tevatron are pissed.
If you have some time, here is something worthy of it. http://freakonomics.blogs.nytimes.com/2010/01/20/chicago-economists-on-the-crisis/
I did my MBA at the University of Chicago, and I concentrated in economics and finance. But the econ you get in the MBA curriculum is really Chicago School Lite. So, I am no expert. But I did take classes from three of the guys interviewed for this series, one neo-classicist (Murphy), one cautious pragmatist (Rajan), and one behaviorist (Thaler). They were all brilliant, but I think for advice in a financial crisis, I’d go with Rajan.
Whatever you might think about the Chicago School, know this. The current economics and finance faculty at the U of C is a very diverse group. You can see that in these interviews.
I’ve started a second blog, Chicago Theater on $20 per Week. This new blog is born out of the budget that my wife and I just prepared, giving ourselves $20 each, every week, to see theater or other live performance. I’m going to write about what we see. See more at http://twentydollarplays.wordpress.com/ Please feel free to comment, argue, throw verbal tomatoes…