What can we do to put a stop to global warming?
First, the good news. Here is an infographic about the U.S. contribution to global warming : U.S. total energy-related carbon emissions are ...
Are jobless recoveries the Fed's fault?
Matt O'Brien (who, in full disclosure, is the guy who recruited me to write for the Atlantic ) hypothesizes that the "jobless reco...
The power and the terror of Irrational Expectations
In September 2011, in an interview with the Wall Street Journal , Robert Lucas gave the following justification for the use of Rational Exp...
Bayesian vs. Frequentist: Is there any "there" there?
The Bayesian/Frequentist thing has been in the news/blogs recently. Nate Silver's book (which I have not yet read btw) comes out strong...
Solar: It's about to be a whole new world.
Many conservatives appear to have an unshakable, bedrock belief that solar power will never be cost-effective. Talk about solar, and conserv...
Macro always fights the last war
Matthew Klein of The Economist has a great post up about the history of modern macro , drawing on a presentation by the incomparable Markus...
How much value does the finance industry create?
Gold, gold, GOLD!!!
On November 11, 2011, Zero Hedge ran a post from a site called GoldCore. The title was: " Gold Over EUR 1,300 - On Way to ‘Infinity’ on...
New Atlantic column: Redistribution in the age of robots
I have a new Atlantic column , about how to prevent extreme inequality after most human tasks are replaced by automation. Excerpts: For mos...
A few thoughts on depression
Is Shinzo Abe the Great Keynesian Hope?
A lot of people were very excited about Shinzo Abe's talk of revoking the Bank of Japan's independence and forcing the Bank to adopt...
