As every consultant knows, all the mysteries of the universe can be revealed in a two by two matrix.  We divide the cases up one way and the...

Math quiz. If you paid a 36% tax on one-third of your income and a 6% tax on the rest – what is your overall tax rate? If you are Stephen Mo...

Jeffrey Frankel reads some nonsense from Wilbur Ross so we don’t have to. Let me pick on one of Jeff’s points: Okay, what he means is the...

Coming Labor Day to This Blog!

I should like to show that Jonathan Portes most probably did not cause Brexit. To do so, however, I first must examine the plausibility of ...

My discussion of the Apple Structure promised to elaborate on a gem from Aidan Regan : Wow! Exports are up 34%; Investment is up 27%; impo...

Yes, give or take a day or two and accepting that 2010 really was part of the teens decade of the 21st century*, as of August 31, 2016, we a...

British economist Andrew Watt tells us how he really feels about the European Commission’s slam of Apple’s transfer pricing: Without delvi...

"...it is often said that to regulate the hours of labour, or to introduce differential import duties, is to break economic law."...

The top brass at the University of Chicago are so, so wrong about trigger warnings.  I don’t know how other instructors use them, but for m...

While Noah Smith makes the standard case for public infrastructure spending, he only lightly touches on the right wing critiques: Some que...

After serving for 20 years, James K. Galbraith is stepping down as Director of Economists for Peace and Security (EPS), an important group i...

I would say that when technology is contributing to greater inequality of incomes, as it  seems to be doing in recent decades, then address...

To  be more specific, Robert J. Samuelson on the editorial page, and I am posting this because for some reason Dean Baker did not post about...

Today we get another sad example of “objective” journalism, where advocates from opposing sides of an issue are given a platform to face off...