(no title)
zissou | 11 years ago
It seems that every time this gets brought up online a sea of infamous Fortran-programming-economists always tell you how fast Fortran is compared to everything else, signing it with "Fortran or GTFO". I've met hundreds/thousands of economists and econ grad students at schools ranked from 1 to 200, and I don't recall a single one that actually used Fortran (I'm sure there is a non-zero quantity -- I probably just haven't cared to talk with them b/c they are most likely macro theorists).
The fact of the matter is that in economics graduate school, your professors could care less what language you use. It isn't an algorithm competition, it's a story telling competition. But the type of story telling economists do is no less noble than writing elegant algos. Writing a story based on economic mechanisms and behaviors and supporting it with quality data, sound statistics, and logical/exact theories is no simple task.
bachmeier|11 years ago
As an economist whose hobby is the study of programming languages, you can imagine the frustration that I feel. What I have found works best is to make grad students use basic functional programming techniques. Everything they do is just a few lines long. As opposed to a 250-line heap of garbage with three nested for loops.
JAlexoid|11 years ago
Get over it! It's a support tool for them and until they demand that you take their code as a perfect example, developed have no need to complain.
cwal37|11 years ago
You have any advice/opinions on economics PhDs?
bachmeier|11 years ago