Hans P. Neisser, The American Economic Review , Vol. 32, No. 1, Part 1 (Mar., 1942), pp. 50-71: The theory of technological unemployment i...

Well, I just got Capital in the 21rst Century and started in on it. It looks exciting, but I confess to being puzzled by the claim that r...

Project Syndicate published a version of Brad DeLong's ill-informed  anti-Marx mutterings with an odd twist. Where his New York Times ...

Professor Brad DeLong : I have long thought that Marx's fixation on the labor theory of value made his technical economic analyses of...

Rumpelstiltskin turns out to be uniquely relevant to the issue of inequality and technology in that it has to do with spinning, one of the ...

One of Thomas Piketty's central concerns in Capital in the 21st Century is the inequality between the rate of return on capital (r) and...

Paul Krugman’s column today on the psychology of Very Important People, their inability to accept a simple answer to the slump (spend more!...

Isn’t it interesting how the most rudimentary concepts supposedly covered in the first weeks of an economics principles course keep coming b...

In The Coal Question , William Stanley Jevons argued that "It is wholly a confusion of ideas to suppose that the economical use of fuel...

Mark Thoma has wisely directed us to a new paper by Stanford’s Paul Pfleiderer that makes the case for distinguishing between models that d...

Isaac Chotiner provided a wonderful rebuttal to something Greg Mankiw write about minimum wages and Obamacare. For me – the takeaway line...

Or, more precisely, has it become a ceiling rather than a target?  Among those who see Janet Yellen's first press conference as Fed Chai...

I have let Greg Mankiw’s latest piece for the New York Times simmer in my brain for a few days, and now I have to let some of the noxious ...

"Ricardo, the head of the school which determines value by labor time, and Lauderdale, one of the most uncompromising defenders of the...

Menzie Chinn has a useful post today on the impacts of US sanctions on Russia.  He notes in passing that “oil conservation measures in the ...