Subject: Just What Good Is "Heterodox" Economics?
From: "Bloomberg View" <[email-masked]>
To: <[email-masked]>
Date: Tue, 9 Aug 2016 05:01:19 -0400 (EDT)

Share The Viewa:visited {         color: #00b9e7;       }       a:hover {         text-decoration: underline !important;       }       a:hover#logo {         text-decoration: none !important;       }       @media only screen and (max-device-width: 480px) {         a[id=logo] {           font-size: 34px !important;         }         body {           width: 100% !important;         }         table {           width: 100% !important;         }       }       @media only screen and (min-device-width: 320px) and (max-device-width: 568px) {         html {           -webkit-text-size-adjust: auto;         }         td[id=content] {           font-size: 18px !important;         }         body {           width: 100% !important;         }         table {           width: 100% !important;         }       }Share The ViewThe Latest Opinions From Bloomberg ViewAug 09, 2016bloomberg.com/viewEconomics Without Math Is Trendy, But It Doesn't Add UpA new school of "heterodox" economists say they predicted the Great Recession -- but where's the proof? Noah Smith considers the value (and limitations) of a new way of thinking about macroeconomics.The Lesson of Theranos: Fact-Checking Isn't EnoughLies can mislead, but so can strategically placed silences. Faye Flam says skeptics should be on the lookout for both -- and the troubled startup Theranos offers an illustration why.Invest Like a Billionaire (But Only If You Are One)The wealthiest among us have plenty of investing advice, but that doesn't mean regular folks should listen to them. Barry Ritholtz examines the strange incentives that lead some billionaires to make don't-try-this-at-home investing decisions.New Bank Rules Won't Stop BailoutsIt's a perennial question: Is the financial system ready for another crisis? Don't become complacent, Satyajit Das warns: New regulations will likely have unintended consequences, and may still leave governments on the hook.Setting a High Bar for Legal EducationLaw schools whose graduates who can't pass the bar exam might find their accreditation in danger, if a recent proposal from the ABA becomes a reality. Supporters say the plan amounts to consumer protection; detractors fear it would keep underrepresented groups out of the profession.  But Megan McArdle says the choice is clear: Law schools shouldn't be preying on unwary young people.Ritholtz's ReadsTrading tech accelerates toward speed of light (WSJ)The (corporate) audacity of copying (technology) well (Stratechery)Intellectuals are freaks: Why professors, pundits, and policy wonks misunderstand the world (Smart Set)(Read Barry Ritholtz's full daily news roundup.)Bloomberg GadflyFacebook proves the wisdom of overpayingETF investors hope that's not fool's gold in BrazilFor Buffett's Berkshire, a decade makes a difference(Read more from BV's sister site for fast business commentary.)For more information, email [email-masked] media inquiries, contact Jill Watanabe at +1-212-617-1610 or [email-masked] received this message because you signed up for Bloomberg View newsletters.bloomberg.com/view | 731 Lexington Avenue, New York, NY 10022 | Contact Us | Unsubscribe <a href="http://link.mail.bloombergview.com/click/7342069.19163/aHR0cDovL3d3dy5tYWlsLmJsb29tYmVyZ3ZpZXcuY29tIg/55086a4c3b35d051538c37ccBc1ea5e0b><img src="http://link.mail.bloombergview.com/img/55086a4c3b35d051538c37cc4dd6d.esb/2eaffb5f.gif" alt="" border="0" /></a>

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