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...
Why do people think economists are charlatans?
A couple posts back, I talked about the AEA panel called "What do economists think about major public policy issues?" . Actuall...
Megan McArdle sows confusion on health spending
At the Daily Beast, Megan McArdle pooh-poohs the conventional expert wisdom that health care cost growth forms the bulk of our nation's...
Why the multiplier doesn't matter
Is economics divided into warring ideological camps?
This week I went to the American Economic Association's annual meeting , which was held in sunny San Diego, CA. I went to quite a number...
What's mediocre about America?
Umair Haque has written an article bemoaning the mediocrity of America . Some excerpts: [W]hat is America still the best at? Consider this...
What do econ blog audiences like to read?
People often ask me: "Noah, what kind of blog posts get lots of pageviews?" To which I reply: "I don't know, try asking T...
