Do higher taxes make the rich work less?

Posted by | 1:19 PM
Greg Mankiw is an economist whose academic work I greatly admire and respect, but whose economics-related punditry often leaves me gaping in...

Soaking the moderately rich

Posted by | 8:04 AM
Much fun in the blogosphere today, as Brad DeLong links us to a couple of posts by law professor Todd Henderson, who is complaining that hi...

Neoclassical economics, post 2 - are public goods a socialist plot?

Posted by | 2:06 PM
Stephen Williamson, in his defense of "neoclassical"/"Minnesota" economics , says some very smart and reasonable things ...

Neoclassical economics, post 1 - math and macro

Posted by | 10:05 AM
Stephen Williamson has written an impassioned defense of the "neoclassical" (or "Minnesota" or "RBC") approac...

Rise of the machine-owners

Posted by | 1:19 PM
In recent years, more and more credence has been given to the scary notion of "skill-biased technological change" - the idea that ...

Econ 101

Posted by | 8:42 AM
Paul Krugman : [T]he [Obama administration's] new [infrastructure] initiative is a chance for me to air one of my pet peeves: the stupi...

O look, ecommonists r smrt!

Posted by | 9:04 PM
Thomas Sargent, a famous economist, is one of the main pioneers and proponents of Dynamic Stochastic General Equilibrium models - the kind o...

When will China pass America?

Posted by | 10:54 AM
Much is being made over the fact that China just passed Japan to claim the title of "world's second-biggest economy." Although...

Trade models I don't teach - The "New Trade Theory"

Posted by | 11:59 AM
I was going to have three posts on trade models - the two I teach, and the one I don't teach. But I realized that the middle model - the...

An econ prof explains why macro went down the tubes

Posted by | 9:08 AM
I've often ranted about the "neoclassical revolution" in macroeconomics, which came along in the late 70s and early 80s and tu...

Trade models I teach - the Ricardian trade model

Posted by | 3:02 PM
In my last post , I wrote: I myself have participated in this, in the Introductory Macroeconomics course I TA for at the University of Michi...

More Athreya smackdown

Posted by | 11:13 AM
Just to add to the list of bloggers smacking down Kartik Athreya for his assertion that bloggers shouldn't talk about economics, we hav...

Jobless recoveries - mystery solved!!!

Posted by | 10:31 AM
Bill Gavin and Menzie Chinn solve the mystery of the "jobless recoveries" we've been having since the early 90s: In the earli...

Economics would be hard...if it worked.

Posted by | 8:14 AM
Wow. Kartik Athreya, researcher at the Richmond Fed, set off a blogging conflagration the likes of which I haven't seen since George Wil...

Health Care and the Debt-pocalypse

Posted by | 12:38 PM
More and more, one single truth about America's national debt is becoming clear: If we don't want an unsustainable increase in our d...

Behavioral political economy

Posted by | 8:42 AM
Superhero economist Paul Krug-man, and his favorite sidekick J. Bradford, are hopping mad over the turn toward fiscal austerity in European ...