Time And Economics

Time And Economics

I return to the topic of time and economics that I have brought up before.

This article in todays LRC.com is partly about names and time:
http://www.lewrockwell.com/katz/katz22.html

“In France there is a long history of names coming and then going out of fashion that has much to do with the social class of the individual.”

What is shows is that there are physiological impressions about the “suitability” of names that go over generations. There is something going on here that goes over decades.

A name like Simone will be good, then go out of “fashion” and then return again to likability and fashion after a number of generations have passed.
The effects are somehow related to how we think over time.
There is a saying that children are not named after old aunts.

Ok,
My point is that there is a similar process in Economics, or behavioral economics if you like.
Investments classes go in and out of favor.
Depressions are remembered and then forgotten.
Men enter the financial markets and then leave.
A career is usually from 25 to 65, or 40 years.
Apparently there is still one old stockbroker on Wall Street who was working there in 1929, he will soon be gone. He’s the last of that generation.

I am not looking for supernatural “wave theories” or the like.
I am looking for someone who has written rationally and well about time and economics.

Of particular interest to me is to analyze what happened to attitudes towards investments during the WWI, how they where changed, and how one can use a time analysis to maybe predict when “old fashioned values” will be back in favor.

The name Simone is not bad, it is beautiful, the broad masses just think it is out of fashion for some reason, sending the wrong signals. It will come back. When? Not this year, not in 10 years, but surely within 300 years.

Investing in gold is not dull, the broad masses just think it’s a bit dull and old fashioned. It will be back. When?

Any suggestions for good literature would be appreciated.

Share
This entry was posted in Finans. Bookmark the permalink. Both comments and trackbacks are currently closed.