Introductory textbooks are supposed to give you simplified versions of the models that professionals use in their own work.  The blogosphere...

Hi folks. After the long hiatus, the urge to return to blogging is overwhelming. The revival will be constrained in a number of ways, given...

"Better Paris than Krasnokamensk," Sergei Guriev tweeted shortly before departing from Moscow for Paris, where his wife Ekaterina ...

Greece is in sharp economic free-fall. “20% real decline since 2008” (as reported on 30th April 2013). In 2012 the real value of government ...

"…The international monetary system also now faces a clear and present danger: currency wars. Virtually every major country is seeking...

A follow to this post with a hat tip to Mark Thoma . Mark graphs the changes in real education student per student. While not as bad as w...

Follow them to their source and you’ll usually find that big rivers have many feeder streams.  The myth that Keynes was fixated on the short...

That is just the headline in today's Washington Post for a column by semi-retired Allan Sloan, who says in the text, "What this cou...

New Yorkers may be looking forward to spending this holiday weekend at the reopened Jersey shore and Governor Christie is certainly pattin...

I am not a fan of the Patriot Act or the aggressive actions by President Obama to bust leakers and spy on the US population, and so forth.  ...

TalkingPointsMemo notes that while Oklahoma Senator Tom Coburn welcomes FEMA relief for the destruction caused by yesterday’s tornado: Okl...

Reading this excerpt from an interview with UNCTAD economist Heiner Flassbeck posted at Naked Capitalism prompts these thoughts on how fin...

In yesterday's Washington Post, the execrable Robert J. Samuelson declared, "So the latest deficit numbers, although interesting, s...

(Cross posted from the Economics and the Common Conference communication platform.) The great green panacea for salvaging the market/stat...

Gillian Tett sees a soaring stock market and frets that we are experienced a bubble. Antonio Fatas and Paul Krugman calmly remind us of t...