Macro: people vs. institutions

Posted by | 8:40 AM
I hope Paul Krugman isn't talking about me when he writes : The macroeconomics [centrist dodge] looks like this: a concerned writer or s...

I found a Bizarro Economics World!

Posted by | 9:48 AM
I have located a Bizarro Economics World. It is entire subculture in which people discuss economic issues, ideas, and policy. But it appears...

"Science" without falsification is no science

Posted by | 10:04 PM
Simon Wren-Lewis notes that although plenty of new macroeconomics has been added in response to the recent crisis/depression, nothing has be...

Why did the finance industry get so big? (guest post by Dan Murphy)

Posted by | 7:57 AM
Dan Murphy is a fellow graduate student here at the University of Michigan, and will be going out on the job market next year. We were havi...

I think Stephen Gordon gets trade wrong

Posted by | 7:56 AM
Stephen Gordon writes about trade in the Globe and Mail : [T]he [Canadian] Conservatives are selling trade agreements with the European Unio...

Libertarians and the security state

Posted by | 12:25 PM
Conor Friedersdorf and I couldn't find that much to disagree about in my first ever Bloggingheads diavlog. But we did manage to get some...

On being a liberal economics blogger

Posted by | 9:29 PM
To tribe or not to tribe? That is the question. I don't get much of a kick out of being an iconoclast. It does not make me feel smug or ...

America, Land of the Nerds!

Posted by | 2:02 PM
I have a new article over at the Atlantic , co-written with Adam Ozimek of Modeled Behavior. It's all about high-skilled immigration (or...

College is mostly about human capital, not signaling

Posted by | 11:32 AM
Human capital formation, Stanford style This is not an area I know a lot about, but I have some thoughts. Some people think college is about...

Robot Barro?

Posted by | 10:34 PM
Robert Barro is the third most cited economist in the world . He's the true inventor of "Ricardian" Equivalence , to which he ...

Economic theory that actually works

Posted by | 3:19 PM
Economic theorists have worked hard to lower expectations for their field. The standard line (originally due, I think, to Keynes?) is that, ...

Carbon taxes won't work. Here's what will.

Posted by | 10:37 AM
Or, "In which I am regrettably forced to heartlessly massacre the entire Pigou Club, of which my advisor has just declared himself a me...

How does this "fake GDP" work?

Posted by | 3:42 PM
Actually, it's incredibly easy to create fake GDP. You simply scratch my back and charge me $10, and then I scratch your back and charge...

Libertarians embracing public goods, Tim Lee edition

Posted by | 10:52 PM
Is America waking from its long libertarian daydream? For years, many of our brightest intellectuals embraced the simplistic idea that "...