Doug Matacons argues that Paul Krugman is wrong with what Doug calls the “broken window fallacy”: What this argument ignores, and what p...

A substantial debate over the nature of the the deflation in the US during the 1873-1896 period has erupted on marginal revolution, http://m...

Eric Cantor stated his position: "Yes there's a federal role, yes we're going to find the money -- we're just going to ...

It’s now a week old—an internet lifetime—but we shouldn’t let this pass without comment.  In an interview with Gretchen Morgenson , departi...

The “embeddedness” argument of the economic sociologists and anthropologists applies supremely to debt.  If you have any doubt, read this c...

Yesterday Juan Cole at http://www.juancole.com posted "How to Avoid Bush's Iraq Mistakes in Libya," listing ten matters and ...

I’m just back from a trip to the North Frisian Islands.  Tens of thousands flock there for vacations each summer, inundating the long, car-c...

The governor of New Jersey is receiving criticism from rightwing nuts for admitting the obvious - that climate change is real and that huma...

See http://www.juancole.com for details of the uprising in Libya's capital, Tripoli, emanating from the working class districts in the...

The latest issue of the Journal of Economic Perspectives (JEP) has just gone up online and includes the replication of a letter exchange bet...

46: "And so defenders of faith in the Bush boom abounded, typically in and around the Bush administration. Early in 2005 in the Washing...

“The biggest propaganda story this decade is the fiction of the Japanese and now Chinese workers are thrifty folks who want to desperately s...

Below I have posted some brief comments made recently by Diane Warth (our Econospeak administrator) on the recent US debt ceiling 'crisi...

Sometimes living in the world of ideas makes it harder to understand the real one. If you happen to be an economist, and the time is now, t...

I grew up 18 miles from Youngstown, Ohio, the nearest thing to a "big city." The town was the epicenter of the Rust Belt because o...