Blogging on hold

Posted by | 10:48 AM
Blogging will be on hold until at least September 12, and possibly until October. For all those of you who feel the need to email me and yel...

Japan's low unemployment is easily explained

Posted by | 7:59 AM
Tyler Cowen ,  Karl Smith , Scott Sumner , and Matt Yglesias  raise a question about the Japanese economy: Why is Japan's unemployment r...

Are we replacing robots with Chinese people?

Posted by | 10:11 AM
OK, REALLY, dissertation committee, this is my last blog post for a while. PROMISE. But this Tyler Cowen article was too good to pass up. I...

Sadly, macroeconomics IS based on common sense.

Posted by | 4:18 AM
This article by Stephen Moore in the WSJ basically sums up the economic viewpoint of naive conservatives. Key excerpts: I'm surprised h...

Envy, or self-esteem?

Posted by | 7:02 AM
More interesting thoughts on envy from the guys at the Cato blog. Bryan Caplan says we should " count our blessings "; I agree, th...

The libertarian solution to inequality

Posted by | 6:14 AM
The libertarian movement often has a very odd notion of "liberty." Here is yet another case in point. Reviewing a book about happi...

The Krugman/Mulligan debate: a possible resolution

Posted by | 5:57 AM
Over at the New York Times, Paul Krugman and Casey Mulligan have been having a debate. Mulligan says that seasonal variation in teen employ...

Do property rights increase freedom? (Japan edition)

Posted by | 5:13 AM
Update : I wrote this post in the summer of 2011, while working in Tokyo. But this year, in the summer of 2012, I went back to Tokyo for two...

Greg Mankiw thinks Obama's stimulus worked

Posted by | 2:21 AM
Here is a video of Greg Mankiw's August 8 appearance on Larry Kudlow . At 3:27, Mankiw says: Fiscal policy is going to be a drag going f...

Republicans own this downgrade

Posted by | 8:25 AM
I would like to think that I am not a shill for the Democratic Party. I realize that my extreme liberalism on social issues biases me toward...

In which John Quiggin intellectually pulpifies Stephen Williamson

Posted by | 12:44 PM
Being the mild and nonconfrontational guy that I am, I was a little embarrassed to give this post such a combative title, but after implying...