Posted by Unknown | 7:22 AM

In the New York Times' Economix blog, Nancy Folbre worries about foreign competition hurting skilled Americans : To import or to outsour...

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Posted by Unknown | 10:04 AM

Moving out of Ann Arbor, first to Japan for a couple weeks and then on to New York, so blogging will be sparse in August. Inflation hawks ha...

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Posted by Unknown | 1:18 PM

John Cochrane responds here to a Brad DeLong jibe about inflation predictions. To make a long story short, back in 2009 Cochrane predicted...

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Posted by Unknown | 2:07 PM

Lately I've done several philosophy-of-science posts on macro, complaining about what I call "judgment calls" (see  here and ...

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Posted by Unknown | 8:01 AM

The Lucas Critique is simple, and it is correct. If you have a model of the economy that works pretty well, and you try to use that model t...

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Posted by Unknown | 10:10 AM

Dissertation successfully defended (it won't be official until I complete the byzantine formatting requirements, but that will happen i...

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Posted by Unknown | 9:25 PM

Matt writes : But while reduction is something scientists inquire into, it's never been the case that reduction is the sine qua non of u...

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Posted by Unknown | 12:28 PM

...Well, not actually all of modern macro. Just the way that modern macroeconomists define the "business cycle" . But since the ...

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Posted by Unknown | 3:10 PM

I confess: I take a guilty pleasure in reading articles that claim "This time it's different". Back in 2004-5, when I started ...

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Posted by Unknown | 1:11 PM

For the past few weeks I've been getting acquainted with the popular wing of the "Austrian economics" movement. First I discov...

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Posted by Unknown | 3:00 PM

In 2001, Brad Barber and Terrance Odean published a very famous finance paper called " Boys Will Be Boys: Gender, Overconfidence, and C...

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