Posted by Unknown | 2:45 PM

Matt Yglesias thinks that if people knew that wages were the biggest component of the price level, they wouldn't be as freaked out by in...

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Posted by Unknown | 2:01 PM

Tyler Cowen is skeptical of the argument low interest rates mean we should boost government investment :  It is often claimed that the gover...

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Posted by Unknown | 12:01 PM

"Economists do it with models. But those models are generally either really old or really ugly." - Noah Smith, attempting to be wi...

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Posted by Unknown | 11:58 AM

In his Stanford CS183 class on tech startups, Peter Thiel asks the age-old question : Do entrepreneurs succeed because of skill, or because ...

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Posted by Unknown | 3:18 PM

My grand-advisor, Greg Mankiw, is not known to be a big fan of the Democratic party, presumably because they want to raise taxes on the rich...

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Posted by Unknown | 11:47 PM

Taking a short break from my blogging break here, to wade into the controversy over private equity . In general, I am a supporter of private...

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Posted by Unknown | 10:38 AM

Work has temporarily eaten my life, so very little blogging for a while. In the meantime, feel free to amuse yourself with this video of a...

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Posted by Unknown | 1:35 PM

Two items of news caught my eye today. The first is that Republicans in Congress are trying to stop the U.S. military from using biofuels : ...

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Posted by Unknown | 1:10 PM

I could count on my fingers the number of times Paul Krugman has obviously been wrong about something, and still have enough fingers left to...

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Posted by Unknown | 5:55 PM

The "Overton window" is basically the range of positions on a certain question that are considered reasonable. In macroeconomic po...

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Posted by Unknown | 6:09 PM

The conventional wisdom says that recessions that follow financial crises last longer than other recessions. In a recent blog post, John Coc...

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Posted by Unknown | 3:20 PM

Once more, it's time for me to take advantage of the large number of R's in Raghuram Rajan's name to create a catchy blog post t...

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Posted by Unknown | 1:18 PM

As a follow-up to my last post , I want to think out loud a little more about why the Fed should have a bias toward doing nothing. Warning: ...

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Posted by Unknown | 9:56 PM

Two items regarding macro policy have caught my eye this past week. The first is Gideon Rachman arguing for fiscal austerity . The second is...

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