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Economic security

Posted by Unknown | 12:43 PM
In explaining the divisions between Democrats/liberals and Republicans/conservatives, I've often focused on cultural, regional, and raci...
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Two Americas

Posted by Unknown | 12:22 PM
Back in the mid-century, we used to have an America with room for both conservatives and liberals. Liberals got to have activist government,...
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Democrats have many good ideas. Republicans have no ideas whatsoever.

Posted by Unknown | 2:18 PM
This is a partisan post. Which is not to say I'm writing this because I like Democrats better in general. I just like Democrats better r...
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He's right and he's right? They can't both be right!

Posted by Unknown | 11:04 AM
Ryan Avent, perhaps prodded by my comment-thread heckling (yeah...in my dreams!), has started making a lot more sense in his arguments agai...
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Trade models I don't teach - The "New Trade Theory"

Posted by Unknown | 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...
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An econ prof explains why macro went down the tubes

Posted by Unknown | 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...
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Michael Spence joins the heretics

Posted by Unknown | 2:34 PM
Michael Spence, winner of the 2001 economics Nobel, joins the heretic movement that was given voice by Andy Grove : The structural evolutio...
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Trade models I teach - the Ricardian trade model

Posted by Unknown | 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...
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The sum of all heresies

Posted by Unknown | 10:24 PM
Tim Duy weighs in on the industrial policy discussion touched off by Andy Grove's article in Business Week . His post is telling, becau...
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Andy Grove comes out in favor of industrial policy

Posted by Unknown | 3:16 PM
Andy Grove, the famous Intel boss who built the company into the world's leading semiconductor manufacturer, has come out in favor of ol...
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More Athreya smackdown

Posted by Unknown | 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...
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Jobless recoveries - mystery solved!!!

Posted by Unknown | 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...
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