In January 2003, Gene Healy of the Cato Institute wrote: John Poindexter , head of the Pentagon’s Office of Information Awareness, is ...

Those of us who think President Eisenhower was right about warning about the “military industrial complex” and who still care about personal...

Today’s beach reading has been Maurice Obstfeld’s keynote talk to a Bank of Japan conference last month.  Here’s the precis in his own word...

Ezra Klein reiterates that while most of the econoblogosphere favors Janet Yellen over Larry Summers for Fed Chair, the in-crowd around Obam...

I have to admit I never took much of shine to the orthodox Marxian theory of racism, that it was promoted by the capitalist elites to drive ...

Brad DeLong cites Jonathan Chait citing Jonathan Rees on Obama’s promise to shake up higher education.  Rees doesn’t like MOOCs.  Chait t...

Paul Krugman makes the distinction between two explanations for the debt buildup that preceded the 2008 financial crisis.  One gets the Sti...

Let me begin by noting that I was among the first to call for Janet Yellen to be appointed Chair of the Fed nearly four years ago, http://ec...

Art Laffer along with Donna Arduin released some fantasy called Pro-Growth Tax Reform and E-Fairness that claims that if we would tax Inter...

Mark Thoma at economists view http://economistsview.typepad.com/economistsview/2013/07/revolutionizing-economics-by-evolutionizing-it.html ...

r = p + 0.5y + 0.5(p – 2) + 2 is the original Taylor rule, where r = the Federal funds rate, p = the inflation rate, and y = the output gap....

So suppose it was George Zimmerman, not Trayvon Martin, who was shot to death in Sanford, Florida.  Imagine a simple reversal: Martin was vi...

One of the long running disputes about policies to reduce the risk of catastrophic climate change is what to do about carbon revenues.  Whet...

Testimony before Congress of Defense Secretary Georg Wilhelm Friedrich "Chuck" Hegel. Q: Mr. Secretary, can you tell us how you ...

Yet another call for limiting central bank intervention in order to keep up the pressure for “structural reform” in the Eurozone has me thin...