The Republicans ran on tax cuts for the rich – well the “job creators” even if getting tax breaks will not necessarily led to any new job cr...

Does not being authenticated mean I am a fake?

Nick Rowe is drained by some weird new idea: Figuring out the intuition behind John Cochrane's paper, to see what was really going on...

Here is another in my continuing series of snippets from my class in cost-benefit analysis. The prices and quantities actually traded are ...

Like everyone else I know, I've been trying to interpret the mass annihilation of Democrats in the elections that just took place.  I ha...

I. Public Works and Economic Stabilization This is where it all began. The National Resources Board's 1934  Report on National P...

I haven’t used this blog to call attention to my new textbooks, Microeconomics: A Fresh Start and Macroeconomics: A Fresh Start , so let me...

There’s an interesting article on Dan Kahan in today’s Chronicle of Higher Education .  Kahan, for those who don’t know, is the current gur...

"Many difficult conceptual issues such as externalities, consumer surplus, opportunity costs, and secondary benefits that had trouble...

Coincidences abound.  Last night I gave a lecture to my Cost-Benefit Analysis class on uncertainty and precaution, and this morning I see a ...

My inbox had some long winded story from Bloomberg BNA about some candid remarks from a tax attorney names Hal Hicks on how corporate invers...

For some reason, my comments never show up on Simon Wren-Lewis’ blog, Mainly Macro.  Maybe they were not meant to be.  But today I will use ...

The New York Times today has an informative article on BASF, the German chemical giant, centered on the effect that fracking in the US has...

I understand Governor Christie has relented somewhat on his policy of quarantining all passengers from West Africa, symptomatic or not, in t...

The following excerpt is from Duncan Foley's outgoing Presidential Address to the Eastern Economics Association, " Dilemmas of Econ...