The Great Ricardian Equivalence Throwdown!

Posted by | 12:33 AM
Y'all know I cannot resist wading into a good macro throwdown. First, a summary of the action!! This week's econ-blogosphere mayhem ...

The liberty of local bullies

Posted by | 1:44 PM
I have not been surprised by any of the quotes that have recently come to light from  Ron Paul's racist newsletters . I grew up in Texas...

Wages and the Great Vacation: Casey Mulligan responds

Posted by | 3:00 PM
Two posts back, I explained why the " Great Vacation " idea doesn't pass the smell test . If U.S. unemployment had been caused...

A satisfactory philosophy of ignorance (John Cochrane edition)

Posted by | 4:09 PM
"I feel a responsibility as a scientist who knows the great value of a satisfactory philosophy of ignorance...I feel a responsibility.....

I shall now debunk the "Great Vacation" in one sentence.

Posted by | 12:11 PM
"I refute it thus!" - Bishop Berkeley Chad Stone explains the "Great Vacation" hypothesis : The “Great Vacation” narrati...

Delusions of helplessness, monetarist edition

Posted by | 11:33 AM
I'm very sorry to do this, but today I must hit Scott Sumner with the Bat Boy pic. Bat Boy is deployed whenever an econ blogger makes a ...

A hideous anti-immigrant attack

Posted by | 2:42 PM
Dhammika Dharmapala is a law professor at the University of Illinois. My friend David Agrawal at UMich (one of our strongest job candidate...

Hoover Institute recommends Hooverite policies

Posted by | 3:14 PM
Via John Taylor, today's "dog bites man" story : Why has the recovery been so slow? What can we do about it? Alan Greenspan, G...

What to teach intro economics students

Posted by | 7:52 PM
Greg Mankiw has a good response to the walkout of his introductory econ course, which basically agrees with what I wrote . Peter Dorman, ho...

Harrison & Kreps 1978: The power of irrational expectations

Posted by | 12:27 PM
In the past few weeks I've had discussions with several different people about why financial markets are different from normal markets. ...

We need a Peter Thiel conservatism

Posted by | 12:47 PM
Peter Thiel has some weird ideas. He thinks there was a "collapse of art and literature after 1945." He wants to live on a floatin...

Federal income tax is the enemy of urbanism

Posted by | 2:29 PM
Finishing my dissertation this year has forced me to come out of my troll-cave and interact a lot more with my econ department. And that has...