Newsletter Online April 2018

Online Issue 181


Letter from America — On blood, immigrants, and intellectuals
Angus contrasts current attitudes in the USA towards intellectuals and immigrants with those of the founding fathers.


The challenge of algorithmic economics
Paul Ormerod argues that a central challenge for economics at the moment is how to deal with the issues raised by our ‘cyber society’. Understanding the potential of machine learning algorithms , he says, would be a good place to start.

Secretary-General’s Annual Report
The Secretary-General’s Annual Report was presented to the AGM held during the Society’s Annual Conference on Tuesday 27th March. Denise Osborn reported on the Society’s activities during 2017 and looked forward to some future developments.

Economic Journal — Editors’ Annual Report, 2017
The joint managing editors presented their Annual Report to 136th RES Executive Committee Meeting in February. This is an edited version of that report which is available in full on the Society’s website.

Launch of the Bennett Institute for Public Policy
The launch of this new interdisciplinary institute, based at the University of Cambridge, is scheduled to take place just as this issue of the Newsletter is distributed to readers. Diane Coyle, Bennett Professor of Public Policy, explains the thinking behind the initiative.

The Econometrics Journal — Editor’s Annual Report, 2017
The editor presented the 2017 Annual Report to the RES Executive Committee Meeting in February. The report covers the period 1 January 2017 to 31 December 2017. This is an edited version of that report which is available in full on the Society’s website.


Elizabeth Serson Johnson
Anthony Alan Brewer


The depreciation of sterling
The depreciation of sterling after the Brexit referendum is often viewed as an exogenous shock to the economy caused by the ‘leave’ vote. In this comment on an article in the January
Newsletter Giles Keating suggests the truth is more complex.

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