Posted 1 day ago

Via The Harvard Crimson.

Posted 2 days ago

Here.

Posted 3 days ago

Several readers have asked me my views about Paul Krugman's latest column concerning China's currency. I addressed this topic in a column about a year ago. My views have not changed.

Posted 4 days ago

Yale economist Bob Shiller says, correctly, that macroeconomists should be humble.

Posted 4 days ago

Fun fact of the day: MIT releases its undergraduate admission decisions at 1:59 pm today. (That is, at 3.14159).

Posted 5 days ago

Now is the time of year when prospective PhD students in economics are deciding which graduate program to attend. The decision is often hard. If you are in that position, here are a few recommend

Tags: economics

Posted 1 week ago

It is a rare opportunity when I find myself to the left of National Public Radio. But sometimes it happens.A blog reader alerts me to this NPR story, which says:economists frown on what they call P

Tags: taxes

Posted 1 week ago

I will be talking at Oberlin College tomorrow evening.

Posted 1 week ago

Imagine you have a friend who has a budget problem. Every month he spends more than he earns. His credit card bills are piling up. He is clearly on an unsustainable path. Then one day he comes

Tags: budget deficit tax

Posted 1 week ago

The great financial economist Eugene Fama offers a retrospective.