More Feargus O'Connor (1844) on labour's objections to machinery (see my earlier post on Crowding Out and the Social Overhead Costs...

Donald Trump has engaged in so many outrageous statements and conduct that it has become very difficult to remember which of  those were rea...

Another strange twist in the convoluted lump-of-labor saga. Chartist leader Feargus O'Connor refuted the "Treasury View" -- ak...

I teach at Evergreen State College.  Early this spring I became alarmed at the rapid deterioration of collegiality and respect for dissent o...

My earlier post needs a better title and a clear reason why Norway’s corporate profits were near 10% of its GDP even as it had a lower stat...

Brad DeLong reminds us of Kevin DOW 36000 Hassett second dumbest moment giving credit to Mark Thoma for the original take down of Hassett’...

Last month I posted a personal observation on Trump's plan to privatize infrastructure, noting especially how in the long run privately ...

Definitely. Front  page story in today's Washington Post by Damien Paletta reports that "Treasury chief hurtles toward fiasco,...

I am adding yet more  to my most recent two posts where I am complaining about this essentially side remark that Larry Summers made in his c...

I would have included what follows in the previous post, but was afraid of putting too much into one post.  So, a bit more. Here is the pr...

Ohmigod, he really did this. At the Institute for Advanced Study in Tel Aviv, during a major conference honoring his profoundly wise and hon...

Asher Schechter raises a good point in How Market Power Leads to Corporate Political Influence but this comparison is troublesome: In 201...

It is quite likely that I shall be on the receiving end of some strong opprobrium for this post, but, well, here it goes anyway. So, Shaun...

Here’s a little economics lesson: supply and demand. You put the supply out there, and demand will follow. -- Rick Perry, U.S. Secretary of...

Why did Brad DeLong dig up some 2007 nonsense by Kevin DOW 36000 Hassett ? When Kenneth Arrow was awarded the Nobel Prize in Economics in ...