Thursday, March 27, 2008

Cowen's Favorite Things Arizona

Tyler Cowen (yeesh, two posts in a row) occasionally highlights a country/state and it's contributions to greater society. Overall, Cowen finds "the list is spotty in parts but the peaks are very high." Curious about Arizona? Click here.

Here is an excerpt:

1. Jazz: Charles Mingus's Ah Um is one of the ten jazz albums that everyone should own.

2. Country and Western: Marty Robbins is good but otherwise I draw a blank.

3. Movie director: Steven Spielberg. In case you don't already know them, Duel and Sugarland Express are two of his best movies. I'm also an advocate of Artificial Intelligence, a brilliant movie about the moral superficiality of human beings. E.T. was his nadir.

4. Real business cycle theorist: Ed Prescott teaches at Arizona State (which by the way was just rated as having the hottest students of any school). If you think through his oeuvre, Prescott has at least three major contributions: time consistency (1977 with Kydland), real business cycle theory, and his work on the equity premium with Mehra. That's impressive.

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