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