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Early Days and Libertarian Love

by on December 2, 2016

It is early, but already we see the shape of the next few years. It's going to be ugly. Trump's cabinet is taking on the [more…]

James Meade Redux

by on November 10, 2016

Well, that was fun. A¬†rebellion has swept away the establishment. I never thought I would say that the rebellion would be manifested within the GOP [more…]

Can We Move On?

by on October 17, 2016


I am hardly alone in ranting on about economics, but it never changes. How can it? The intellectual honesty required to make the sort [more…]

Liberation Day

by on October 17, 2016

Let's have fun:

There are probably plenty of people out there who are intimidated by the constant jargon and obscurity of economists. After all economics [more…]

Blind Leading the Blind

by on October 11, 2016

A few days ago David Ruccio posted an¬†article titled "Crash and Learn" on the state of economics education. I want to elaborate a little further, [more…]

The Market and Nobels

by on October 10, 2016

As I awake from my self-imposed slumber and re-survey the state of economics:

Nothing has changed.

This is predictable, and, I submit, is the most [more…]

Administrative Alert:

by on September 21, 2016

I am too busy to write much here until the beginning of October, but ...

I think the only wall Donald Trump will ever build [more…]


by on August 30, 2016

For a variety of reasons I pulled Olivier Blanchard's macroeconomics textbook off my shelf yesterday -- I have the fifth edition which dates back to [more…]

Valuing Education?

by on August 29, 2016

Ben Casselman at throws us some back to school numbers. They make for depressing reading. America is not committed to education, far from it. [more…]

Open Ended [A Note to Myself]

by on August 22, 2016

One of the major reasons, perhaps the major reason, economics is oftentimes irrelevant to our understanding of economies is that it fails to notice a [more…]