Via Paul Krugman , Rob Wile interviews Art Laffer: "Usually when you find the model this far off, you've probably got something w...

Ok: here's the idea: monopolistic competition, many identical producers face identical (inverse)demand functions: Pi/P = M/P - Qi Pi...

Measured using official statistics, the job situation in the U.S. is getting better, but it's still pretty bad. This is especially tr...

Recently there has been a lot of attention given to the two equilibria that one gets from the interaction of a Fisher rule and a monetary po...

On August 12, damaged by the revelations emanating from the leaked NSA documents by Edward Snowden, President Obama empaneled a commission t...

I know, I know.  That every GOP hack who wants to stay on Fox News and so on must relentlessly spout idiotic drivel about the old Heritage F...

Has John Cochrane fallen off the cliff again with: What if we got the sign wrong on monetary policy? He is motivated by post from Steph...

Janet Yellen may be about to replace Ben Bernanke as Fed Chair, but the decisionmaker there who seems to be calling what will be happening i...

Got invited on to the local TV station today to discuss income distribution thanks to the recent statements about the matter by President Ob...

Oh, I cannot resist piling on, even though good old Dean Baker has already pretty much done the dirty job of once again showing how misguide...

In case you were wondering about how bad the U.S. job situation is, here's estimates of the unemployment rate for those who have bee...

I want to announce that the Nonlinear Economic Dynamics Society (NEDS) that I founded some years ago now has a website at NEDS , folks. Ba...

Robert Frank’s column in this morning’s New York Times is about the economics of occupational safety and health, or more precisely, about ...

I must congratulate Heritage Action on their principled move to "score" votes of US Senators on the confirmation of Janet Yellen t...

Yesterday the Wall Street Journal top headline told us that there was much opposition to the Iran nuclear deal that Sec. State John Kerry ha...