EconLog by Author and Letter

Scott Sumner

Is California turning to the right?

Politics and Economics Nov 20 2024

Do we understand elections?

Politics and Economics Nov 20 2024

The Importance of Principles

Monetary Policy Nov 17 2024

Peace for Our Time?

Finance: stocks, options, etc. Nov 15 2024

The Importance of Diminishing Returns

Microeconomics Nov 13 2024

The "problem" of Induced Demand

Cost-benefit Analysis Nov 11 2024

The Market Reaction to the Election

Finance: stocks, options, etc. Nov 10 2024

Watch the Breakevens

Macroeconomics Nov 7 2024

Externalities and Public Policy

Cost-benefit Analysis Nov 5 2024

When should we defer to others?

Economic and Political Philosophy Nov 3 2024

The Confidence-Man in the 21st Century

Behavioral Economics Nov 1 2024

Should bad outcomes always be prevented?

Cost-benefit Analysis Oct 30 2024

The Media, Alcohol, and Illegal Drugs

Economics of Crime Oct 28 2024

Germany, Japan, and Telangana

Cross-country Comparisons Oct 26 2024

Real Shocks and Recessions

Business Cycles Oct 24 2024

Is China a developing nation?

Cross-country Comparisons Oct 22 2024

Should lottery directors be licensed?

Incentives Oct 20 2024

Monetary Shocks: A Natural Experiment

Books: Reviews and Suggested Readings Oct 18 2024

Powerful Anecdotes: Korea, Malaysia and Guyana

Economic Growth Oct 16 2024

The Economic Impact of Superstars

Economics and Culture Oct 14 2024

Is divided government a good thing?

Politics and Economics Oct 12 2024

Pin Factory, 40,000 BC

Adam Smith Oct 10 2024

Conor Sen on Fed Policy

Macroeconomics Oct 8 2024

Goolsbee vs. Summers

Macroeconomics Oct 4 2024

What ails the Anglosphere?

Cross-country Comparisons Oct 3 2024

Why Sanctions Often Fail to Work

International Trade Oct 1 2024

John Cochrane on Interest Rates and Exchange Rates

International Macroeconomics Sep 29 2024

When Mockery Boomerangs

Economic Methods Sep 27 2024

Monetary Policy Was Even Worse than We Thought

Macroeconomics Sep 26 2024

What monetary stimulus?

Fiscal Policy Sep 24 2024

When Policy Goals Conflict

International Trade Sep 22 2024

Pessimism Bias in Polling

Politics and Economics Sep 20 2024

Why the Experts are Wrong about Inflation

Macroeconomics Sep 18 2024

Are we rich?

Cross-country Comparisons Sep 16 2024

The Cost of Regulation

Property Rights Sep 15 2024

Carbon taxes vs. regulation

Energy, Environment, Resources Sep 12 2024

Do consumers prefer price gouging?

Free Markets Sep 10 2024

America's 9th Largest Export

Economics of Health Care Sep 9 2024

Don't be a Contrarian

Economic and Political Philosophy Sep 6 2024

Are unrealized capital gains income?

Taxation Sep 4 2024

A Question for Anti-Utilitarians

Moral Reasoning Sep 2 2024

Are low wages a competitive advantage in trade?

International Macroeconomics Aug 31 2024

Mandates vs. Deregulation

Public Choice Theory Aug 30 2024

Why Housing is Important

Productivity Aug 27 2024

Do tariffs raise prices?

Trade Barriers Aug 25 2024

Goods, Services, and Tariffs

International Trade Aug 24 2024

Heterodox Views on Monetary Policy

Macroeconomics Aug 22 2024

Bullied into Deflation

International Macroeconomics Aug 20 2024

Should monetary policy be implemented by economists?

Monetary Policy Aug 18 2024

Higher Taxes or Lower Spending?

Finance Aug 16 2024

Immigration and the Business Cycle

Business Cycles Aug 14 2024

Further thoughts on US exceptionalism

Cross-country Comparisons Aug 12 2024

Making Huawei Stronger

International Trade Aug 11 2024

The Scorecard on Pot Legalization

Economics of Crime Aug 9 2024

Tariffs are Taxes on Trade

International Macroeconomics Aug 8 2024

Should the Fed Placate the Markets?

Finance: stocks, options, etc. Aug 6 2024

Why Do Interest Rates Matter?

Finance Aug 4 2024

Our Tortoise-like Fed

Monetary Policy Aug 2 2024

What if the Fed Doesn't Cut?

Macroeconomics Jul 31 2024

The Case for Pigouvian Taxes

Energy, Environment, Resources Jul 29 2024

Go Midwest, young man?

Regulation Jul 27 2024

The Immigration Pillow

Labor Mobility, Immigration, Outsourcing Jul 25 2024

Capitalism and Freedom

Free Markets Jul 23 2024

How Not to Tax the Rich

Income and Wealth distribution Jul 22 2024

Tom Holden on Monetary Policy

Macroeconomics Jul 19 2024

How to Think About Supply Shocks

Macroeconomics Jul 17 2024

China's Real Problem is Nominal

Macroeconomics Jul 15 2024

Dreams and Nightmares

Labor Mobility, Immigration, Outsourcing Jul 13 2024

Nepotism and Global Politics

Economics and Culture Jul 11 2024

Elevator Blues

Economic Growth Jul 9 2024

Stingy Boomers?

Economic Growth Jul 7 2024

Negative Sum Thinking in Mission Viejo

Energy, Environment, Resources Jul 5 2024

The "cost of living" is Highly Subjective

Cross-country Comparisons Jul 3 2024

Singapore, Inc.

Cross-country Comparisons Jul 2 2024

Modern art and political polarization

Politics and Economics Jun 30 2024

Is Macro Making Progress?

Macroeconomics Jun 27 2024

Focus on What We Say, Not What We Do

Regulation and Subsidies Jun 26 2024

The Internal Contradictions of Nationalism

Politics and Economics Jun 23 2024

Ask a stupid question . . .

Macroeconomics Jun 21 2024

The wisdom of Janan Ganesh

Cross-country Comparisons Jun 19 2024

Nominal GDP as an Indicator

Macroeconomics Jun 17 2024

When China Innovates

Information Goods, Intellectual Property Jun 15 2024

Is Art as Progressive as Science?

Economic Growth Jun 13 2024

Bernanke on Forward Guidance

Macroeconomics Jun 12 2024

Where Biden Went Off Course

Fiscal Policy Jun 9 2024

Double Trouble

Macroeconomics Jun 7 2024

Lessons from a Non-Recession

Macroeconomics Jun 6 2024

Bad Reasoning

Public Health Jun 4 2024

Summarizing my Blogging

Efficient Markets Hypothesis Jun 2 2024

Thanks for Nothing

Fiscal Policy Jun 1 2024

That’s the Style: Markets and Modernism

Free Markets May 30 2024

Economic Theory and Reality

Labor Market May 28 2024

Some Call it Treason

International Trade May 27 2024

Does Scottish Poverty Cause Drug Use?

Cross-country Comparisons May 24 2024

Fear of Financial Instability

Finance May 22 2024

Problems with Progressivism and Populism

Free Markets May 20 2024

Population and Density

Family Economics May 18 2024

The Actual "Great Replacement"

Labor Mobility, Immigration, Outsourcing May 16 2024

Let's Hope that Tariffs are Inflationary

International Trade May 14 2024

Visions of the 21st century

Technology May 12 2024

The Ukraine War: Who should sacrifice?

International Trade May 10 2024

Fed Forecasting: AI or Markets?

Macroeconomics May 8 2024

Was High Inflation Inevitable?

Macroeconomics May 6 2024

Imagine There's No Zoning

Regulation May 5 2024

Where's the Best Place to Live?

Revealed Preference May 2 2024

America, but with fewer immigrants

Labor Mobility, Immigration, Outsourcing Apr 30 2024

How should we make housing more "affordable"?

Regulation Apr 28 2024

The Centralization of Power

International Macroeconomics Apr 26 2024

Is Nationalism Bad for Your Health?

Economics of Health Care Apr 25 2024

Externalities Should be Handled with Care

Energy, Environment, Resources Apr 23 2024

Neoconservatism, Nationalism and Liberalism

Violence and War Apr 22 2024

Socialism is a Luxury Good

Cross-country Comparisons Apr 21 2024

Now do Japan

Cross-country Comparisons Apr 18 2024

Hey teacher, call on me!

Macroeconomics Apr 16 2024

Some Counterintuitive Thoughts on Monetary Policy

Macroeconomics Apr 15 2024

The Anti-Chinese Roots of American Public Policy

Economics of Crime Apr 12 2024

Should We Make Fun of JP Morgan?

Macroeconomics Apr 10 2024

"All the new jobs are going to immigrants"

Labor Market Apr 8 2024

Which Price Indices are Most Useful?

Macroeconomics Apr 6 2024

The Road to Serfdom

Economics of Crime Apr 4 2024

Decriminalization Doesn't Solve the Problem

Law and Economics Apr 2 2024

The World We've Lost

Liberty Mar 31 2024

Is the Natural Rate of Unemployment Turning Higher?

Labor Market Mar 29 2024

Higher Taxes or Lower Benefits?

Fiscal Policy Mar 27 2024

Customs Unions and Free Trade Zones

International Trade Mar 25 2024

Why No Recession (so far)?

Labor Market Mar 24 2024

Money Multipliers on Mars

Finance Mar 22 2024

Does Money Buy Happiness?

Cross-country Comparisons Mar 20 2024

Charter Cities in Kenya

Institutional Economics Mar 19 2024

Does Taxing Capital Encourage Capital Formation?

Finance: stocks, options, etc. Mar 17 2024

You Cannot Prioritize Everything

Politics and Economics Mar 15 2024

Powell is Wrong About Inflation

Macroeconomics Mar 14 2024

Preserving Canada's Wilderness

Energy, Environment, Resources Mar 12 2024

Two Definitions of Bubbles

Finance Mar 10 2024

Expect More Banking Turmoil

Politics and Economics Mar 8 2024

A Chat with Claude 3

Economic Education Mar 6 2024

American Paranoia

International Trade Mar 4 2024

China's Two Problems

Macroeconomics Mar 2 2024

Florida's Foreign Policy

Foreign Policy Feb 29 2024

Does Illegal Immigration Help to Reduce Crime?

Economics of Crime Feb 27 2024

A Charter City for Egypt?

Cross-country Comparisons Feb 26 2024

The Problem with Doves

Macroeconomics Feb 24 2024

Is the Value of Gold Stable?

Microeconomics Feb 22 2024

Price Dispersion and Income

Cross-country Comparisons Feb 21 2024

Does it Matter Whether Addiction is a Disease?

Behavioral Economics Feb 19 2024

A Rare Success Story

Regulation Feb 17 2024

Toilets and AI

Cross-country Comparisons Feb 15 2024

Do Wages Cause Inflation?

Labor Market Feb 13 2024

China's Weak Economy

Macroeconomics Feb 11 2024

Is Arabia the New America?

Cross-country Comparisons Feb 10 2024

Policy Effects in the Ultra-Long Run

Economic Methods Feb 8 2024

The Washington State Experiment

Labor Mobility, Immigration, Outsourcing Feb 6 2024

Resting on our Laurels?

Cross-country Comparisons Feb 4 2024

Beckworth Interviews Eggertsson

Macroeconomics Feb 2 2024

Gravity and Wage Stickiness

Macroeconomics Jan 31 2024

Is Blogging Effective?

Economic Education Jan 29 2024

What About Gradualism?

Macroeconomics Jan 27 2024

Poorly Defined Concepts in Macroeconomics

Macroeconomics Jan 25 2024

The Weird and Depressing Debate Over AS/AD

Economic Education Jan 23 2024

Just When You Thought Things Couldn't Get Any Worse

Fiscal Policy Jan 22 2024

What I've Been Reading

Liberty Jan 20 2024

Bad Business: The Role of Subsidy and Regulation

Business Economics Jan 18 2024

Status Quo Bias

Monetary Policy Jan 15 2024

Two Types of New Cities

Central Planning Jan 13 2024

Does Consumption-Led Growth Exist?

Economic Growth Jan 11 2024

The Myth of the 1950s Utopia

Economic Growth Jan 9 2024

Poverty: Is it Circumstances or Decision-Making?

Behavioral Economics Jan 7 2024

The Wisdom of Giuliano da Empoli

Politics and Economics Jan 5 2024

Newcomb's Paradox and the Banality of Success

Macroeconomics Jan 3 2024

Money/Macro: Who is the GOAT?

EconTalk Jan 1 2024

You May Not Care About War . . .

Violence and War Dec 30 2023

Tyler Cowen on Recent Fed Policy

Macroeconomics Dec 28 2023

Two Types of Forecasting Errors

Macroeconomics Dec 26 2023

Nemo judex in causa sua

Macroeconomics Dec 25 2023

The New McCarthyism

Politics and Economics Dec 23 2023

The Global Distribution of AI Talent

Human Capital Dec 21 2023

Delete Fiscal Policy from Macro

Fiscal Policy Dec 19 2023

Why Not Fiscal Policy?

Fiscal Policy Dec 17 2023

What Kind of Driver Are You?

Macroeconomics Dec 15 2023

A Very Good Question

Macroeconomics Dec 13 2023

What Should We Expect from Forward Guidance?

Macroeconomics Dec 12 2023

Were the 1960s a "Tightening Episode"?

Macroeconomics Dec 11 2023

Karl Smith on Monetary Policy Puzzles

Macroeconomics Dec 9 2023

Productivity Puzzles

Productivity Dec 6 2023

How Important are "The Issues"?

Politics and Economics Dec 5 2023

Drug War Propaganda

Economics of Crime Dec 2 2023

Should Mexico Attack the USA?

Economics of Crime Nov 30 2023

The Wittgenstein Test

International Macroeconomics Nov 28 2023

Harrison Bergeron in the Skies

Trade Barriers Nov 26 2023

Would Trump Make Inflation Worse?

Macroeconomics Nov 24 2023

Things That Didn't Cause the Great Depression

Economic History Nov 22 2023

Dollarization for Argentina?

Macroeconomics Nov 20 2023

The Open Society and its Enemies

Free Markets Nov 18 2023

Do the Banks Pay FDIC Fees?

Finance Nov 16 2023

Libertarianism and Free Will

Liberty Nov 14 2023

Applying Arnold Kling's Three Languages of Politics

Moral Reasoning Nov 12 2023

Relative Prices in China

Central Planning Nov 10 2023

The Grasshoppers are Coming for your Savings

Income Distribution Nov 8 2023

China's Best Province

Cross-country Comparisons Nov 6 2023

Reporters Don't Write Headlines

Supply-side Economics Nov 4 2023

Old Calabria: The Benefits of Emigration

Cross-country Comparisons Nov 2 2023

Don't Confuse Supply with Quantity Supplied

Economic Education Oct 31 2023

The death of Li Keqiang

Free Markets Oct 31 2023

Is Currency Forced into Circulation?

Macroeconomics Oct 29 2023

Commenter Jeff on FAIT

Macroeconomics Oct 27 2023

Crime and Punishment

Economics of Crime Oct 26 2023

Demographics are Not Japan's Problem

Cross-country Comparisons Oct 23 2023

Markets and Zoning

Regulation Oct 22 2023

Don’t Predict Problems---Prevent Them

Business Cycles Oct 19 2023

Competition in the 21st Century

Cross-country Comparisons Oct 17 2023

Richard Clarida on What Went Wrong

Macroeconomics Oct 16 2023

Yglesias on Industrial Policy

Cross-country Comparisons Oct 12 2023

The Elasticity of Supply of Homeless People

Incentives Oct 10 2023

Regulation Favors the Elites

Regulation Oct 8 2023

Never Reason from a Quantity Change

Labor Market Oct 6 2023

Taiwan and Montesquieu

International Trade Oct 5 2023

Some questions for Bloomberg

Macroeconomics Oct 3 2023

The Zero Sum Death Spiral

Economic Growth Oct 1 2023

What's Wrong with Macro?

Macroeconomics Sep 29 2023

Macroeconomics at 100

History of Economic Thought Sep 28 2023

Out-of-Sample Failures

Macroeconomics Sep 26 2023

Why so sad?

Macroeconomics Sep 24 2023

Economics is Really Hard

Economic Education Sep 22 2023

Socializing Risk

Finance Sep 20 2023

Can supply and demand explain inflation?

Macroeconomics Sep 18 2023

Nationalism and Corruption

Politics and Economics Sep 16 2023

The challenge facing YIMBYs

Property Rights Sep 14 2023

Emergent Tokyo

Books: Reviews and Suggested Readings Sep 12 2023

The real problem is nominal (wages)

Labor Market Sep 10 2023

Should we root for poverty?

International Trade Sep 8 2023

A comment on Jordà, Singh, and Taylor

Economic History Sep 6 2023

Now they see the problem

Fiscal Policy Sep 4 2023

The confusing China debate

Fiscal Policy Sep 3 2023

Do we incarcerate too many or too few?

Economics of Crime Aug 31 2023

Non-obvious correlations

Cross-country Comparisons Aug 29 2023

Avoid trendy economics

Fiscal Policy Aug 27 2023

Everything is correlated

Growth: Consequences Aug 25 2023

Demographic anxiety

Cross-country Comparisons Aug 23 2023

The government doesn't feel your pain

Economics of Health Care Aug 21 2023

The Laffer curve for incarceration

Economics of Crime Aug 20 2023

AI control and monetary policy

Labor Market Aug 17 2023

Did Argentina's unemployment rate fall last night?

Macroeconomics Aug 15 2023

Fertile ground for libertarianism?

Economic Growth Aug 14 2023

How do barter economies avoid inflation?

Macroeconomics Aug 13 2023

99 lead balloons

Finance Aug 11 2023

A tale of twin cities

Property Rights Aug 9 2023

Ricardo Reis on the Phillips curve

Labor Market Aug 7 2023

The actual Phillips curve

Labor Market Aug 4 2023

The new left/right axis

Politics and Economics Aug 3 2023

Rich like Asians, homeless like Latinos

Income and Wealth distribution Aug 1 2023

What goes around comes around

Liberty Jul 30 2023

Cochrane on nominal GDP targeting

Macroeconomics Jul 28 2023

Leftists and trust fund kids

Economics of Education Jul 25 2023

Strategic ambiguity?

Violence and War Jul 24 2023

Singa-Dubai

Cross-country Comparisons Jul 22 2023

The unintended consequences of nationalism

International Trade Jul 20 2023

Monetary policy and wages

Labor Market Jul 18 2023

Would drug legalization increase overdose fatalities?

Economics of Crime Jul 16 2023

The Fed doesn't fight inflation

Macroeconomics Jul 14 2023

Do sanctions work?

International Trade Jul 12 2023

Density and congestion

Regulation Jul 10 2023

Is the job market "healthy"?

Labor Market Jul 9 2023

The reactionary impulse

Regulation Jul 7 2023

Has higher education been fixed?

Economics of Education Jul 5 2023

When confused, re-evaluate your model

Macroeconomics Jul 4 2023

A tale of two suburbs

Free Markets Jul 2 2023

National agoraphobia

Foreign Policy Jun 30 2023

Weight gain and price gain

Macroeconomics Jun 28 2023

There is no solid ground in politics

Politics and Economics Jun 27 2023

Scientists, Pundits, and the Origin of COVID-19

Politics and Economics Jun 25 2023

Journalistic clichés

Economics of Education Jun 23 2023

Was Arthur Burns a bad Fed chair?

Economic History Jun 22 2023

Housing and Immigration

Labor Mobility, Immigration, Outsourcing Jun 19 2023

America's Most Bipartisan Issue

Energy, Environment, Resources Jun 19 2023

Dumb Ideas

Free Markets Jun 16 2023

Leave us alone

Central Planning Jun 14 2023

Financial Problems are Endogenous

Finance Jun 13 2023

A Rising Tide Lifts Yachts and Rowboats

Growth: Consequences Jun 11 2023

The Wolf is Getting Closer

Fiscal Policy Jun 9 2023

A Target Band for Inflation?

Macroeconomics Jun 7 2023

Robert Hetzel's History of the Fed

Books: Reviews and Suggested Readings Jun 5 2023

Beware of Foolproof Recession Indicators

Finance Jun 3 2023

California has Money to Burn

Price Controls Jun 1 2023

The Fed Must Offset Fiscal Policy

Fiscal Policy May 30 2023

Is World War III inevitable?

Game Theory May 29 2023

Friday night football

Economics of Education May 26 2023

Furman and Bernanke on NGDP as an indicator

Macroeconomics May 25 2023

On the uncertainty of our judgement

Regulation May 23 2023

Cochrane on rational expectations

Economic Methods May 21 2023

One area where the US leads the world

Regulation May 19 2023

A single Fed mandate?

Macroeconomics May 17 2023

An idealistic economist

Economic Methods May 17 2023

Getting Back on Track (A Steph Curry Fed)

Macroeconomics May 14 2023

Correlation, causation, and big changes

Economic Methods May 12 2023

Scott Alexander is still (probably) wrong

Property Rights May 10 2023

Noah Smith's Pessimistic Vision

International Trade May 8 2023

What current macro puzzle?

Labor Market May 7 2023

Why is demand so strong?

Macroeconomics May 5 2023

About that 2022 "Recession"

Labor Market May 3 2023

Why Scott Alexander is Wrong

Property Rights May 1 2023

The cost of economic nationalism

Trade Barriers Apr 30 2023

The virtue of patience

Foreign Policy Apr 29 2023

Coasean economics in Irvine

Energy, Environment, Resources Apr 27 2023

Rising prices and falling output

Macroeconomics Apr 24 2023

Leftists and liars

Liberty Apr 23 2023

Millionaires prefer . . .

Cross-country Comparisons Apr 20 2023

The Fed as social psychologist

Macroeconomics Apr 18 2023

The cost of giving in to blackmail

Game Theory Apr 16 2023

Taiwan, the ROC, and Super Bowl XXXII

Politics and Economics Apr 13 2023

Greenspan on NGDP targeting

Macroeconomics Apr 12 2023

Profit margins and inflation

Macroeconomics Apr 10 2023

Alternative Approaches to Monetary Policy

Books: Reviews and Suggested Readings Apr 6 2023

FDIC and small banks

Finance Apr 4 2023

Am I a "liquidationist"?

Finance Apr 2 2023

Josh Hendrickson on the (other) alignment problem

Finance Mar 30 2023

The return of industrial policies

International Trade Mar 28 2023

Do banks create money?

Finance Mar 25 2023

A tale of two banks

Finance Mar 23 2023

The bigger bailout

Finance Mar 22 2023

Did the Fed cause the banking crisis?

Finance Mar 20 2023

Lyn Alden on Bank Safety

Finance Mar 18 2023

The wrong way to think about moral hazard

Finance Mar 15 2023

Time inconsistency in bank regulation

Finance Mar 13 2023

Promises, promises

Finance Mar 13 2023

"Bank management must be investigated"

Finance Mar 11 2023

Silver linings from inflation?

Macroeconomics Mar 9 2023

Strange rebels

Economic and Political Philosophy Mar 7 2023

QE and low inflation are not alternatives

Macroeconomics Mar 5 2023

Fine for parking?

Economics of Crime Mar 2 2023

Uncomfortable truths

Cross-country Comparisons Feb 28 2023

The southwestern US has plenty of water

Energy, Environment, Resources Feb 26 2023

Poverty is crowded

Cross-country Comparisons Feb 24 2023

Some thoughts on progress, freedom, and happiness

Liberty Feb 22 2023

The internal contradictions of progressivism

Fiscal Policy Feb 20 2023

Arms are fungible

Trade Barriers Feb 19 2023

Do elections have consequences?

Politics and Economics Feb 16 2023

Correlation and causation

Behavioral Economics Feb 15 2023

Dutch housing shortage (TLDR)

Price Controls Feb 13 2023

Natural resources are overrated

Cross-country Comparisons Feb 11 2023

Nationalism is a negative sum game

Foreign Policy Feb 9 2023

Inconvenient views

Labor Mobility, Immigration, Outsourcing Feb 7 2023

A Chat on supply and demand

Economic Education Feb 5 2023

About that employment-population ratio

Labor Market Feb 3 2023

(Almost) nobody gets macro

Economic History Feb 2 2023

Fortunately, this isn't the Volcker disinflation

Labor Market Jan 31 2023

What if new housing does not reduce housing prices?

Free Markets Jan 30 2023

Update your priors

Economics of Crime Jan 28 2023

Time for Some Soul Searching

Macroeconomics Jan 26 2023

If things are going well

Macroeconomics Jan 25 2023

Feudalism in America

Property Rights Jan 23 2023

Zoning and "malinvestment"

Economic Growth Jan 22 2023

Should we become entangled with our adversaries?

International Trade Jan 21 2023

On reconsideration, Arthur Burns was still a bad Fed chair

Economic History Jan 18 2023

How to succeed without really trying

Politics and Economics Jan 16 2023

My 2021 mistake

Macroeconomics Jan 14 2023

Good news on inflation

Macroeconomics Jan 12 2023

The Decline of Growth

Economic Growth Jan 11 2023

Nationalism is Bad for Your Health

International Trade Jan 9 2023

Reputation Bubbles, Crime, and the EMH

Economics of Crime Jan 8 2023

Is Rapid Job Growth a Good Thing?

Labor Market Jan 6 2023

Garett Jones on Culture and Migration

Books: Reviews and Suggested Readings Jan 4 2023

Minor changes with major effects

Behavioral Economics Jan 2 2023

Bennett McCallum, RIP

Macroeconomics Jan 2 2023

A rose by any other name

Macroeconomics Dec 31 2022

The boom of 2022 and the failure of contrarianism

Fiscal Policy Dec 30 2022

America knows best

Economics of Health Care Dec 28 2022

Different varieties of inflation

Macroeconomics Dec 27 2022

Guilty of intent to commit charity?

Economics of Crime Dec 25 2022

Covid returns to China

Economics of Health Care Dec 23 2022

About that illegal pot

Economics of Crime Dec 22 2022

Inflation can be brought down quickly

Macroeconomics Dec 20 2022

In Japan, wages are also the problem

Macroeconomics Dec 18 2022

Which conspiracy theories should you believe?

Economics of Health Care Dec 16 2022

Call it "wages"

Labor Market Dec 14 2022

Can you raise a family on one income?

Family Economics Dec 14 2022

Main Street and Wall Street

Macroeconomics Dec 13 2022

Is macroeconomics in its infancy?

Macroeconomics Dec 11 2022

Stand your ground

Economics of Crime Dec 9 2022

Unintended consequences of sanctions

Trade Barriers Dec 7 2022

Content moderation is difficult

Business Economics Dec 6 2022

Quasi-efficient markets

Competition Dec 4 2022

Lael Brainard on monetary policy

Macroeconomics Dec 1 2022

Was Robin Hood a utilitarian?

Economics of Crime Nov 29 2022

The muddled thinking of protectionists

International Trade Nov 28 2022

George Selgin on the postwar economy

Fiscal Policy Nov 26 2022

The mystery of politics

Moral Reasoning Nov 24 2022

Canada's new Conservative leader

Liberty Nov 22 2022

What do you mean by policy lags?

Macroeconomics Nov 21 2022

Justice for Sherry Chen

Liberty Nov 19 2022

The Cato Institute on monetary reform

Macroeconomics Nov 17 2022

Monetary reforms, demand shocks, and modern macroeconomics

Macroeconomics Nov 15 2022

Ethan Ilzetzki on monetary policy

Macroeconomics Nov 14 2022

Crypto regulation bleg

Finance Nov 12 2022

The "anomalies" keep piling up

Macroeconomics Nov 10 2022

Bureaucrats impeded by bureaucracy

Regulation Nov 9 2022

Five perspectives on Fed losses

Macroeconomics Nov 7 2022

Why so glum (part 2)

Fiscal Policy Nov 6 2022

The doves were wrong

Macroeconomics Nov 4 2022

Five new Manhattans

Economic Growth Nov 2 2022

The libertarian solution

Politics and Economics Oct 31 2022

Lessons from the Russian gas debacle

International Trade Oct 30 2022

Persistent inflation is always and everywhere a monetary phenomenon

Macroeconomics Oct 27 2022

The truth about Trump and Truss

Macroeconomics Oct 25 2022

Galileo would understand

Liberty Oct 23 2022

The policy lag puzzle

Finance: stocks, options, etc. Oct 21 2022

Money to burn?

Money and Inflation Oct 19 2022

Gradualism turned out to be a mistake

Macroeconomics Oct 17 2022

Who could have foreseen this?

Fiscal Policy Oct 15 2022

Brad DeLong's 20th century

Economic Growth Oct 13 2022

Governments do not stabilize markets

Finance Oct 12 2022

Are you certain that the Fed has tightened?

Macroeconomics Oct 10 2022

Tell the truth (lessons from Iran and Iraq)

Foreign Policy Oct 8 2022

Better call a rules utilitarian

Moral Reasoning Oct 6 2022

Thoughts on the neoliberal wave

Cross-country Comparisons Oct 4 2022

People who adhere to cultural norms

Cross-country Comparisons Oct 2 2022

Back in the DDR

Cross-country Comparisons Sep 30 2022

Time to pay the piper?

Macroeconomics Sep 28 2022

YIMBY's surprising win in California

Politics and Economics Sep 27 2022

The (political) equilibrium interest rate

Fiscal Policy Sep 25 2022

Should we read dead economists?

Economic Education Sep 23 2022

The city without zoning

Regulation Sep 21 2022

Donald Kohn on The Money Illusion

Books: Reviews and Suggested Readings Sep 19 2022

The open society and its enemies

Books: Reviews and Suggested Readings Sep 17 2022

Minor crimes in Alabama

Cross-country Comparisons Sep 15 2022

Stabilizing the economy

Macroeconomics Sep 12 2022

Are Chinese nationalists woke?

Liberty Sep 10 2022

Solidarity

Moral Reasoning Sep 8 2022

Wokism in the developing world

Cross-country Comparisons Sep 6 2022

In praise of slackers?

Cross-country Comparisons Sep 4 2022

Recessions and corrections

Macroeconomics Sep 2 2022

Adam Smith was right

Cross-country Comparisons Aug 31 2022

Neel Kashkari's schandenfreude

Finance: stocks, options, etc. Aug 29 2022

Prospects for a soft landing?

Macroeconomics Aug 28 2022

Consumption taxes

Tax Reform Aug 26 2022

Our hidden taxes on thrift

Public Choice Theory Aug 24 2022

What would it mean to abolish the Bank of Canada?

Free Markets Aug 23 2022

How much choice do you want?

Free Markets Aug 21 2022

Monetary conflation

Free Markets Aug 19 2022

A tiger by the tail

Free Markets Aug 17 2022

Switzerland's secret sauce

Cross-country Comparisons Aug 15 2022

Libertarian monetary policy bleg

Austrian Economics Aug 14 2022

The paradox of "restrictive financial conditions"

Finance: stocks, options, etc. Aug 12 2022

Hollywood and reality

Foreign Policy Aug 11 2022

What do you see?

Macroeconomics Aug 9 2022

IMMENSELY confusing

Liberty Aug 8 2022

Barro's dubious recession call

Business Cycles Aug 5 2022

Public opinion is a slippery concept

Public Choice Theory Aug 3 2022

History lessons

Foreign Policy Aug 2 2022

Raise taxes on investment?

Regulation and Subsidies Jul 30 2022

Nudged into the oncoming lane

Behavioral Economics Jul 29 2022

A good press conference

Macroeconomics Jul 28 2022

What is monetary policy?

Macroeconomics Jul 26 2022

Is high unemployment inevitable?

Labor Market Jul 25 2022

When policies are not credible

Fiscal Policy Jul 21 2022

Thanks for nothing!

Finance: stocks, options, etc. Jul 19 2022

How do you know if AD is too high?

Macroeconomics Jul 18 2022

The surveillance state

Liberty Jul 15 2022

Stagflation and boomflation

Macroeconomics Jul 13 2022

Why do macroeconomists keep changing their model?

Macroeconomics Jul 11 2022

Popularism and freedom

Liberty Jul 8 2022

Why macro forecasting is difficult

Finance: stocks, options, etc. Jul 7 2022

It's about time

Economics of Health Care Jul 6 2022

Ideas don't stay discredited forever

Economic Education Jul 4 2022

The "two negative quarters" myth

Labor Market Jul 3 2022

The risk of recession

Finance: stocks, options, etc. Jul 1 2022

NIMBY, YIMBY or MIMBY?

Regulation and Subsidies Jun 29 2022

What do you actually believe?

Incentives Jun 28 2022

Blue votes, red policy

Politics and Economics Jun 27 2022

Krugman on the effects of a hot economy

Cross-country Comparisons Jun 26 2022

To succeed, one must recognize success

Macroeconomics Jun 24 2022

Killing 4 birds with one stone

Taxation Jun 22 2022

Global warming: Are both sides wrong?

Energy, Environment, Resources Jun 21 2022

Is there a case for higher inflation?

Macroeconomics Jun 20 2022

Why so glum?

Fiscal Policy Jun 17 2022

What happened to good news?

Media Watch Jun 16 2022

The woke are feeding on themselves

Moral Reasoning Jun 14 2022

The Fed knew

Macroeconomics Jun 13 2022

6% of Americans are woke extremists

Moral Reasoning Jun 13 2022

Nationalism and the global economy

Economics of Health Care Jun 11 2022

Supply is more elastic than you think

Economics of Health Care Jun 10 2022

Why so many Covid deaths?

Economics of Health Care Jun 9 2022

Is Europe also overheating?

Cross-country Comparisons Jun 7 2022

Firemen and arsonists

Macroeconomics Jun 5 2022

The other F-word

Liberty Jun 4 2022

Is fiscal policy fairer?

Fiscal Policy Jun 1 2022

What "obvious" reason?

Cross-country Comparisons May 28 2022

Who are the homeless?

Behavioral Economics May 26 2022

Is pilot error a possibility?

Macroeconomics May 25 2022

California housing prices and homelessness

Incentives May 23 2022

Is money getting tighter?

Efficient Markets Hypothesis May 22 2022

Theory and empirical evidence

Economic and Political Philosophy May 20 2022

Is California a good place to live?

Energy, Environment, Resources May 19 2022

Think big, but don't buy Greenland

Economic Growth May 16 2022

The problem with fiscal policy

Fiscal Policy May 14 2022

Inflation is worse than it looks

Macroeconomics May 12 2022

First they came for the communists . . .

Moral Reasoning May 11 2022

America's most libertarian governor?

Liberty May 9 2022

Ending transitory inflation is easy

Macroeconomics May 7 2022

Steer the bus AND straighten the road

Macroeconomics May 6 2022

Mercatus Center Friedman symposium

History of Economic Thought May 4 2022

Avoid snap judgments

Monetary Policy May 1 2022

The man who was correct

Macroeconomics Apr 28 2022

The power to subsidize is the power to destroy

Economics of Education Apr 26 2022

The Fed 3.0

Macroeconomics Apr 26 2022

Jason Furman was wrong

Macroeconomics Apr 24 2022

Jason Furman is right

Macroeconomics Apr 23 2022

Then and now

Foreign Policy Apr 22 2022

NIRA redux

Labor Market Apr 20 2022

The dog that didn't bark

Cross-country Comparisons Apr 18 2022

It's the stupidity, stupid

Economic Education Apr 16 2022

Removing ego from monetary policy

Monetary Policy Apr 14 2022

Should we have free trade in a dangerous world?

Foreign Policy Apr 12 2022

Don't conflate nationalism with patriotism

Cross-country Comparisons Apr 10 2022

Nominal GDP as a policy guide

Macroeconomics Apr 9 2022

Whom can you trust?

Finance Apr 8 2022

Is there a carbon tax in our future?

Energy, Environment, Resources Apr 5 2022

All that glitters . . .

Cryptocurrency Apr 3 2022

Back to gold?

Economic History Mar 31 2022

What caused the high inflation?

Macroeconomics Mar 29 2022

Trust, but verify

Economics of Health Care Mar 27 2022

Like sending a check to Putin

Politics and Economics Mar 25 2022

Yes, we can "whip inflation now"

Macroeconomics Mar 23 2022

Why the Fed should hit its target

Macroeconomics Mar 21 2022

Industrial policy and wish lists

Free Markets Mar 20 2022

Should bank examiners do monetary policy?

Monetary Policy Mar 18 2022

The Fed abandons average inflation targeting

Macroeconomics Mar 16 2022

Artificially low rates? Yes, finally.

Macroeconomics Mar 15 2022

No sanctions without globalization

Trade Barriers Mar 14 2022

How confident should you be?

Efficient Markets Hypothesis Mar 11 2022

Don't blame the hippies

Economics of Crime Mar 9 2022

What Dutch disease?

Energy, Environment, Resources Mar 7 2022

Foreign policy is hard

Moral Reasoning Mar 5 2022

Do you remember 1973?

Economic History Mar 4 2022

Heading down north, part 2

Cross-country Comparisons Mar 2 2022

Confusion about "overheating"

Macroeconomics Feb 28 2022

There is no such thing as Russian public opinion

Foreign Policy Feb 25 2022

A SWIFT and sure way to punish Russia

Politics and Economics Feb 24 2022

The rise and fall and rise of nationalism

Moral Reasoning Feb 24 2022

Do we need labels to think?

Moral Reasoning Feb 23 2022

Is FAIT a mystery cult?

Macroeconomics Feb 21 2022

Is money (nominally) neutral?

Macroeconomics Feb 18 2022

The pessimists were correct about Covid

Economics of Health Care Feb 17 2022

Heading down north

Cross-country Comparisons Feb 15 2022

Where the Fed went wrong

Macroeconomics Feb 13 2022

The inflation outlook is getting worse

Macroeconomics Feb 12 2022

Straight Outta Compton

Property Rights Feb 10 2022

Should the Fed be led by experts?

Macroeconomics Feb 8 2022

NGDP targeting and libertarianism

Free Markets Feb 6 2022

The Fed and climate change

Energy, Environment, Resources Feb 4 2022

Selgin is right, but it's an endless battle

Efficient Markets Hypothesis Feb 1 2022

The "old inflation playbook" still applies

Macroeconomics Jan 29 2022

Is the US government causing the chip shortage?

Free Markets Jan 27 2022

Is the Fed committed to average inflation targeting?

Macroeconomics Jan 26 2022

Bryan Caplan on prices and shortages

Macroeconomics Jan 25 2022

No, "the market" isn't worried about "the Fed"

Macroeconomics Jan 24 2022

Kevin Erdmann was right

Efficient Markets Hypothesis Jan 23 2022

A rose by any other name

Energy, Environment, Resources Jan 22 2022

Was MMT influential?

Fiscal Policy Jan 20 2022

Protectionism doesn't protect jobs (in aggregate)

International Trade Jan 19 2022

Flight 447, Britney Spears, and Audi cars

Macroeconomics Jan 17 2022

Two types of environmentalism

Energy, Environment, Resources Jan 15 2022

Borderline cases

Game Theory Jan 13 2022

The dream of a united Europe

International Trade Jan 11 2022

Why I'm a contrarian on fiscal policy

Fiscal Policy Jan 9 2022

Stop talking about "getting back to 2%"

Macroeconomics Jan 7 2022

The actual case for wage/price controls

Macroeconomics Jan 5 2022

The poison of nationalism

Books: Reviews and Suggested Readings Jan 3 2022

Where are we making progress?

Economic Growth Jan 1 2022

Exactly who is targeting inflation at 2%?

Macroeconomics Dec 28 2021

Three kinds of people

Liberty Dec 27 2021

What makes an issue political?

Liberty Dec 26 2021

Decentralized Tokyo

Central Planning Dec 23 2021

Does immigration reduce wages?

Labor Market Dec 21 2021

The dog that didn't bark

Efficient Markets Hypothesis Dec 20 2021

Anne Case and Angus Deaton on health care and wage stagnation

Economics of Health Care Dec 19 2021

Contra Caplan on Covid caution

Liberty Dec 17 2021

Who is hurt most by inflation?

Income Distribution Dec 15 2021

Market efficiency in sports

Behavioral Economics Dec 13 2021

Yglesias on monetary policy

Macroeconomics Dec 11 2021

It didn't begin with Covid

Liberty Dec 10 2021

Yes, monetary policy did cause the Great Depression

Economic History Dec 8 2021

Taking Tegucigalpa seriously

Media Watch Dec 7 2021

Kowtowing to the CCP

Moral Reasoning Dec 5 2021

The politics of "right to die"

Economics of Health Care Dec 4 2021

A boringly conventional contrarian

Economic History Dec 1 2021

Nominal GDP >>> Aggregate Demand

Economic Education Nov 29 2021

Are carbon taxes unpopular?

Energy, Environment, Resources Nov 28 2021

Japan's "curious" lack of inflation

Macroeconomics Nov 26 2021

What is a "low interest rate policy"?

Macroeconomics Nov 24 2021

2021 >>>>>>>> 2009

Macroeconomics Nov 22 2021

Iraqi WMD redux

Politics and Economics Nov 19 2021

There is no magic wand

Macroeconomics Nov 17 2021

What caused the inflation?

Macroeconomics Nov 15 2021

When it's time to panic

Behavioral Economics Nov 14 2021

Freedom and tradition

Liberty Nov 12 2021

Why is inflation bad?

Macroeconomics Nov 10 2021

Democracy and government spending

Political Economy Nov 8 2021

There is no "wait and see" for Fed policy

Efficient Markets Hypothesis Nov 6 2021

Baby knows best

Efficient Markets Hypothesis Nov 4 2021

Inflation: Is it supply or demand?

Macroeconomics Nov 2 2021

Monetary policy and central planning

Central Planning Nov 1 2021

What should have happened in 2008-09

Business Cycles Oct 30 2021

The nominal recovery is now complete

Macroeconomics Oct 28 2021

What kind of immigrants does the GOP want?

Labor Mobility, Immigration, Outsourcing Oct 26 2021

How nationalism blinds us

Cross-country Comparisons Oct 24 2021

Yes, political polarization has gotten much worse

Politics and Economics Oct 22 2021

Businesses cooperate, politicians compete

Foreign Policy Oct 20 2021

Does Lloyd Austin understand the purpose of NATO?

Foreign Policy Oct 18 2021

Will Texas choose to be pro-business or pro-market?

Energy, Environment, Resources Oct 16 2021

An unsung success story

Labor Mobility, Immigration, Outsourcing Oct 15 2021

Capitalism has a disparate impact

Income Distribution Oct 13 2021

Why "tax the rich" isn't working

Tax Reform Oct 11 2021

Further thoughts on Washington State

Public Health Oct 10 2021

When forecasts don't pan out

International Macroeconomics Oct 9 2021

Why weren't we polarized in the past?

Politics and Economics Oct 7 2021

Some thoughts on modernism

Growth: Consequences Oct 5 2021

Exceptional Washington

Liberty Oct 3 2021

A dubious record

Cross-country Comparisons Oct 1 2021

Money neutrality, super-neutrality, and non-neutrality

Macroeconomics Sep 29 2021

Endogenous and exogenous steering

Economic Education Sep 27 2021

What does "local control" actually mean?

Politics and Economics Sep 25 2021

Is California still a trendsetter?

Energy, Environment, Resources Sep 24 2021

Doug Irwin on the Korean miracle

Economic Growth Sep 22 2021

Inflation and relative prices

Macroeconomics Sep 20 2021

It's not what you don't know; it's what you know that ain't so

Economic Education Sep 18 2021

Average is over

Income Distribution Sep 17 2021

Myths we teach our children

Economic Education Sep 15 2021

The dreary 21st century

Tax Reform Sep 13 2021

Patriotism and nationalism

Labor Mobility, Immigration, Outsourcing Sep 11 2021

Is market monetarism actually "monetarist"

Economic History Sep 10 2021

If you want liberty, aim for success (and vice versa)

Liberty Sep 8 2021

Conservatism in the 21st century

Liberty Sep 6 2021

Well, that didn't take long!

Labor Market Sep 3 2021

It's never too late

Economic Education Sep 2 2021

Beware of conspiracy theories

Public Health Sep 1 2021

Benjamin Schoefer on the Musical Chairs Model

Labor Market Aug 30 2021

Against employment targets

Labor Market Aug 29 2021

The Third Amendment

Liberty Aug 28 2021

Unemployment insurance reduces employment

Labor Market Aug 25 2021

MMT and Japan

Fiscal Policy Aug 24 2021

Ryan Avent on policy counterfactuals

Macroeconomics Aug 22 2021

Commercial censorship?

Economics of Health Care Aug 20 2021

Does identity change?

Aug 18 2021

Whither sovereignty?

Foreign Policy Aug 17 2021

Eh, what's happening?

Economic Growth Aug 14 2021

Don't mess with Texans (The Afghanistan war was a smashing success)

Economics of Crime Aug 12 2021

The authoritarian nationalist playbook

Cross-country Comparisons Aug 8 2021

What emergency?

Labor Market Aug 6 2021

Scott Alexander on the FDA

Economics of Health Care Aug 5 2021

Who wants efficient passenger rail?

Central Planning Aug 3 2021

Void if vague

Law and Economics Jul 31 2021

Pollsters are people too

Liberty Jul 30 2021

Should policymakers maximize aggregate utility?

Moral Reasoning Jul 28 2021

Trust, but verify

Public Health Jul 26 2021

Yglesias on military spending

Fiscal Policy Jul 24 2021

Is restaurant productivity booming? (Probably not)

Productivity Jul 22 2021

I believe the TRUE science!

Public Health Jul 20 2021

Should we rely on the FDA for advice?

Public Health Jul 19 2021

Big fruit and low-hanging fruit

Labor Market Jul 16 2021

Is inflation always a monetary phenomenon?

Macroeconomics Jul 14 2021

Two types of debt monetization (and one misconception)

Macroeconomics Jul 13 2021

What can we infer from the Swedish Covid policy?

Public Health Jul 12 2021

Meaning and connotation

Moral Reasoning Jul 10 2021

Two types of utilitarianism

Moral Reasoning Jul 9 2021

Why don't firms pay more?

Labor Market Jul 7 2021

First impressions

Free Markets Jul 4 2021

The stories we tell

Economic Growth Jul 2 2021

The "good old days" that never were

Law and Economics Jul 1 2021

Teaching the Fed as the hero

Economic Education Jun 29 2021

Strange moral calculations

Cost-benefit Analysis Jun 26 2021

TV prices and British queens

Economic Methods Jun 24 2021

Temporary insanity (learning from mistakes)

History of Economic Thought Jun 22 2021

Inflation is a nominal phenomenon

Macroeconomics Jun 19 2021

Friedman's smashing success

History of Economic Thought Jun 17 2021

The pointless debate over inflation

Macroeconomics Jun 15 2021

In praise of "death panels"

Economics of Health Care Jun 12 2021

Is a ban on corporate ransom payments feasible?

Economics of Crime Jun 10 2021

When should NGDP be unstable?

Macroeconomics Jun 9 2021

Friedman as a critic of Keynesian economics

History of Economic Thought Jun 8 2021

The labor supply shock

Labor Market Jun 5 2021

Regulation can be painful

Economics of Health Care Jun 2 2021

How do deficits matter?

Fiscal Policy May 31 2021

A new model of the macroeconomy

Economic Education May 29 2021

That 1970s inflation

Finance May 27 2021

I'm still waiting

Efficient Markets Hypothesis May 25 2021

It's alright, Ma, change your lane

Liberty May 22 2021

Is digital currency a threat to banking?

Macroeconomics May 20 2021

Did a lab leak cause a global pandemic?

Public Health May 18 2021

What about bribery?

Economics of Crime May 16 2021

Ransom bleg

Economics of Crime May 14 2021

The problem with interest rate targeting

Macroeconomics May 12 2021

The real story

Economics of Health Care May 9 2021

A crazy idea: Tell the truth

Economics of Health Care May 8 2021

Fiscal policy and interest rates

Fiscal Policy May 5 2021

The Fed is not a passive observer

Macroeconomics May 3 2021

Capital gains nonsense, part 2

Cross-country Comparisons Apr 30 2021

Double taxation of coconuts

Economic Education Apr 29 2021

Lower property values? That's the point.

Energy, Environment, Resources Apr 28 2021

Capital gains nonsense

Taxation Apr 26 2021

Zoning, race, and ideology

Central Planning Apr 24 2021

What the wage data is telling us

Labor Market Apr 22 2021

Teenage employment has bounced back

Labor Market Apr 20 2021

You get what you pay for

Labor Market Apr 19 2021

The summer of 2021

Labor Market Apr 17 2021

What causes recessions?

Macroeconomics Apr 16 2021

Covid: The next issue

Economics of Health Care Apr 14 2021

The problem with environmental impact statements

Energy, Environment, Resources Apr 12 2021

Who are the experts?

Economics of Health Care Apr 11 2021

Why are economists losing prestige?

Energy, Environment, Resources Apr 10 2021

Which ideas are winning?

Moral Reasoning Apr 8 2021

The future belongs to the Squamish

Liberty Apr 6 2021

Robert Mundell, RIP

International Macroeconomics Apr 5 2021

No, the unemployment rate is not "meaningless"

Labor Market Apr 2 2021

How many people should we produce?

Moral Reasoning Mar 31 2021

The cultural impact of rent control

Price Controls Mar 29 2021

Cancel culture? Internet culture? Human culture?

Cross-country Comparisons Mar 27 2021

When to blame?

Incentives Mar 25 2021

Proactive and reactive COVID policies

Economics of Health Care Mar 23 2021

The professor vs. the markets

Macroeconomics Mar 22 2021

Will the Fed follow its rhetoric or its rule?

Macroeconomics Mar 21 2021

Did people eat two dinners in the 1970s?

Macroeconomics Mar 18 2021

How much should we borrow?

Fiscal Policy Mar 17 2021

Internal contradictions in progressivism

International Macroeconomics Mar 16 2021

Suggestions for the Reserve Bank of New Zealand?

Macroeconomics Mar 14 2021

Who gains under non-price rationing?

Free Markets Mar 12 2021

The old left and cancel culture

Liberty Mar 10 2021

Why is the UK doing so much better?

Cross-country Comparisons Mar 7 2021

Information, behavior, and frictions (short course on economics)

Economic Methods Mar 5 2021

Can economists be trusted?

Behavioral Economics Mar 4 2021

The COVID confidence man

Economics of Health Care Mar 2 2021

About those "bond vigilantes"

Macroeconomics Mar 1 2021

The two China policies

Economic Growth Feb 27 2021

One hundred years of solitude

Property Rights Feb 24 2021

The Mae West of energy sources

Energy, Environment, Resources Feb 24 2021

Correlation and causation

Family Economics Feb 22 2021

Dean Baker on wealth

Income and Wealth distribution Feb 21 2021

Promise to be irresponsible?

Macroeconomics Feb 18 2021

When is fiscal stimulus appropriate?

Fiscal Policy Feb 16 2021

The seen and the unseen

Politics and Economics Feb 14 2021

Free trade and free labor markets

International Trade Feb 12 2021

Hume, hockey sticks, and The Great Forgetting

Macroeconomics Feb 11 2021

What is this "monetary policy" that you refer to?

Income and Wealth distribution Feb 9 2021

Romney's child allowance proposal

Family Economics Feb 7 2021

Olivier Blanchard on monetary offset

Fiscal Policy Feb 6 2021

If it ain't broke . . .

Macroeconomics Feb 5 2021

The Covid election

Politics and Economics Feb 4 2021

Censorship is a two-edged sword

Liberty Feb 3 2021

My new article on MMT

Economic Education Feb 1 2021

Panda: Pandering to the public's ignorance

Economics of Health Care Jan 31 2021

The equity and efficiency of SALT cap repeal

Income Distribution Jan 29 2021

Nationalism, prejudice, and FDA regulation

Economics of Health Care Jan 28 2021

Selective outrage

Free Markets Jan 27 2021

Markets are good at allocating resources

Free Markets Jan 26 2021

Welfare states and the new (center) left

Economic and Political Philosophy Jan 24 2021

Interest rates and housing affordability

Finance Jan 22 2021

Monetary Policy: AIT seems on target

Finance Jan 20 2021

Supply and aggregate supply are unrelated concepts

Labor Market Jan 19 2021

Regulation and Vaccines: It's much worse than you think

Economics of Health Care Jan 17 2021

The "mad scientist" problem

Economics of Health Care Jan 15 2021

China won the trade war

International Trade Jan 12 2021

Daniel Kaufmann on Swiss monetary policy

International Macroeconomics Jan 11 2021

There's no one behind the curtain

Economics of Health Care Jan 9 2021

Biden approves First Dose First!

Economics of Health Care Jan 8 2021

Why are stocks up today?

Politics and Economics Jan 7 2021

There are no non-Bayesians in a COVID foxhole

Economics of Health Care Jan 5 2021

Sadie Alexander: The First African-American Economist

Economic History Jan 4 2021

The costs of not maximizing aggregate utility

Economics of Health Care Jan 2 2021

Gold hoarding during the Great Depression

Economic History Jan 1 2021

Nice vaccine; pity there's no distribution mechanism

Economics of Health Care Dec 29 2020

Connect the dots

Incentives Dec 25 2020

The world is full of inflation

Macroeconomics Dec 23 2020

Praise and Blame: Meritocracy and Utilitarianism

Books: Reviews and Suggested Readings Dec 22 2020

It's not just housing

Free Markets Dec 20 2020

Understanding MMT

Macroeconomics Dec 19 2020

Whip ambiguity now!

Macroeconomics Dec 18 2020

The Swiss cost of living is too low

International Macroeconomics Dec 16 2020

No free lunch for government debt

Fiscal Policy Dec 15 2020

Death panels, euthanasia, and the conservative embrace of herd immunity

Economics of Health Care Dec 12 2020

That doesn't mean what you think it means

Macroeconomics Dec 11 2020

Simplifying the teaching of money

Economic Education Dec 10 2020

Krugman on the effect of increased money growth

Macroeconomics Dec 9 2020

When regulators engage in "white lies"

Politics and Economics Dec 5 2020

Relief, not stimulus

Fiscal Policy Dec 3 2020

Does Oklahoma have America's most pot-friendly regime?

Economics of Crime Dec 2 2020

Three MMT fallacies

Macroeconomics Nov 29 2020

A meta-theory of money/macro

Macroeconomics Nov 28 2020

Confusing claims regarding Mnuchin's recent Cares Act decision

Fiscal Policy Nov 27 2020

Further thoughts on MMT and net saving

Fiscal Policy Nov 25 2020

The importance of expectations

Finance Nov 24 2020

MMT bleg

Fiscal Policy Nov 23 2020

The relationship between identity and politics is complicated

Cross-country Comparisons Nov 21 2020

Postmodernism is not an inherently left wing ideology

Moral Reasoning Nov 20 2020

College grads and highly specialized societies

Politics and Economics Nov 18 2020

Conspiracy theories can cost lives

Economics of Health Care Nov 17 2020

Non-linearities in Covid outcomes

Cross-country Comparisons Nov 14 2020

Is Rand Paul actually wrong?

Economics of Health Care Nov 13 2020

There's nothing "WEIRD" about conspiracy theories

Nov 12 2020

The difficult politics of Covid

Economics of Health Care Nov 11 2020

The thing party vs. the idea party

Politics and Economics Nov 10 2020

About those Muslim immigrants to Germany

Economics of Health Care Nov 9 2020

Morning in America?

Labor Market Nov 6 2020

Some thoughts on polling

Moral Reasoning Nov 4 2020

A good night for libertarians

Liberty Nov 4 2020

How should we teach monetary policy?

Economic Education Nov 2 2020

The price of medical ethics (and fiscal stimulus)

Economics of Health Care Oct 30 2020

Arnold Kling on Modigliani-Miller and money

Macroeconomics Oct 28 2020

Parties become popular by taking unpopular stands

Politics and Economics Oct 28 2020

(Un)Orthodox economics

Politics and Economics Oct 26 2020

Look at money!

Macroeconomics Oct 25 2020

Two important and widely held views have been discredited

Efficient Markets Hypothesis Oct 23 2020

Is progressivism a scam?

International Trade Oct 22 2020

If you are not taxing consumption . . .

Tax Reform Oct 20 2020

Are rational people weird?

Liberty Oct 19 2020

All ideologies eventually (seem to) fail

Cross-country Comparisons Oct 18 2020

Vermont is a safe space

Cross-country Comparisons Oct 17 2020

When in doubt, don't imprison

Economics of Crime Oct 16 2020

Do politicians listen to economists?

Political Economy Oct 13 2020

Just how expansionary has the Fed actually been?

Monetary Policy Oct 11 2020

How soon we forget

Economic History Oct 10 2020

Trade deficit whack-a-mole

International Macroeconomics Oct 8 2020

Tim Duy on fiscal stimulus

Macroeconomics Oct 6 2020

Identifying monetary shocks

Labor Market Oct 6 2020

Special treatment for the powerful?

Moral Reasoning Oct 3 2020

This isn't a Keynesian business cycle

Fiscal Policy Oct 2 2020

The masquerading problem

Macroeconomics Sep 30 2020

Stephen Williamson on NGDP level targeting

Macroeconomics Sep 28 2020

Congress >>> economics profession

Macroeconomics Sep 25 2020

Taiwan's surprising boom

Cross-country Comparisons Sep 24 2020

The problem with court packing

Economic History Sep 22 2020

The lessons of Abenomics

Fiscal Policy Sep 21 2020

What do models tell us?

Economic Methods Sep 18 2020

The Fed can create money

Macroeconomics Sep 16 2020

Friends in high places

Public Choice Theory Sep 15 2020

The headline should match the article

Macroeconomics Sep 13 2020

Misinformation and foreign policy

Moral Reasoning Sep 11 2020

All Hail Lars Christensen!

Economic History Sep 9 2020

Fiscal stimulus also boosts inflation

Monetary Policy Sep 7 2020

Japan's new leader

Cross-country Comparisons Sep 5 2020

Something there is that doesn't love a wall

Liberty Sep 4 2020

Sweden and Taiwan revisited

Economics of Health Care Sep 2 2020

More men on the moon?

Public Goods Sep 1 2020

COVID-19 in the Western Hemisphere

Economics of Crime Aug 30 2020

How will we know if average inflation targeting is working?

Macroeconomics Aug 28 2020

A win for monetarism?

Macroeconomics Aug 27 2020

Philippe Lemoine on Covid-19 conspiracy theories

Economics of Health Care Aug 25 2020

What does the UK want from Brexit?

International Trade Aug 23 2020

Are the old opposed to progress?

Economic Growth Aug 21 2020

Herd immunity is not a number (part 2)

Economics of Health Care Aug 20 2020

What if the economy does not tank in August?

Fiscal Policy Aug 18 2020

No lion tamers at the Fed

Monetary Policy Aug 17 2020

The new McCarthyism

Liberty Aug 16 2020

Further thoughts on consumption and GDP

Macroeconomics Aug 15 2020

Consumption is not a part of GDP

Fiscal Policy Aug 14 2020

The wheel of ideology revisited

Economic and Political Philosophy Aug 13 2020

Capitalists of the world unite!

Liberty Aug 12 2020

Conservatives and the mythical third way

International Macroeconomics Aug 11 2020

Sweden prediction

Labor Market Aug 9 2020

I've changed my mind on the Fed's mandate

Macroeconomics Aug 8 2020

The emerging war on thrift

Income and Wealth distribution Aug 6 2020

A Sword of Damocles for TikTok?

Game Theory Aug 5 2020

Rethinking the Great Recession

Economic History Aug 4 2020

How strong is the paternalist argument for drug regulations?

Economics of Health Care Aug 3 2020

Is utilitarianism WEIRD?

Moral Reasoning Aug 2 2020

Wasted ammunition?

Fiscal Policy Jul 30 2020

Should we root for second best policies?

Macroeconomics Jul 29 2020

The business cycle drives investment

Macroeconomics Jul 27 2020

'Profit' is a meaningless term

Tax Reform Jul 24 2020

Is stimulus costly?

Fiscal Policy Jul 22 2020

Free to build

Liberty Jul 20 2020

This is how it's supposed to work

Business Cycles Jul 18 2020

Herd immunity is not a number (it's a function)

Public Health Jul 16 2020

What we know about COVID-19

Public Health Jul 14 2020

Could it have been much worse?

Incentives Jul 12 2020

Progressivism goes off the rails

Moral Reasoning Jul 11 2020

Monetary economics: The three heresies

Economic and Political Philosophy Jul 8 2020

2020 hindsight

Public Health Jul 6 2020

How is the US doing?

Public Health Jul 5 2020

Two countries, going in opposite directions

Economics of Health Care Jul 4 2020

The totalitarian temptation

Public Health Jul 3 2020

Reforming unemployment insurance

Labor Market Jun 30 2020

The Supreme Court is a follower, not a leader

Labor Mobility, Immigration, Outsourcing Jun 28 2020

Living on a one dimensional planet

Finance Jun 25 2020

Shooting ourselves in the foot

Regulation Jun 23 2020

Winter in Australia

Economics of Health Care Jun 21 2020

Keep government out of the media

Liberty Jun 18 2020

The Fed is unlikely to monetize the debt

Fiscal Policy Jun 17 2020

Should we trust elite opinion?

Politics and Economics Jun 15 2020

Stop asking the Fed about inequality (and start asking about inflation)

Income Distribution Jun 13 2020

Fewer laws, less police brutality

Economics of Crime Jun 12 2020

African-American lives matter

Moral Reasoning Jun 11 2020

Nationalism and tech

Politics and Economics Jun 8 2020

What does it mean to say a debt is "unsustainable"?

Fiscal Policy Jun 6 2020

Lockdowns are partly endogenous

Economics of Health Care Jun 4 2020

Herd immunity was never a feasible option

Economics of Health Care Jun 2 2020

A libertarian is a conservative who has been oppressed

Economics of Health Care Jun 1 2020

Highway 61 revisited

Politics and Economics May 31 2020

Kudos to the UK

Labor Mobility, Immigration, Outsourcing May 30 2020

Will we have a depression?

Economic History May 29 2020

Matt Yglesias on Hong Kong

Labor Mobility, Immigration, Outsourcing May 28 2020

Libertarianism, not libertarians

Economics of Health Care May 27 2020

When the personal becomes political

Politics and Economics May 25 2020

Richard Timberlake on the gold standard

Economic History May 24 2020

How should we evaluate policy?

Macroeconomics May 23 2020

A liberal world trading system: Who says no?

International Trade May 20 2020

Wrong headline

Moral Reasoning May 19 2020

Authoritarianism and lockdowns

Cross-country Comparisons May 18 2020

The pandemic and UBI

Incentives May 17 2020

Negative interest rates and negative IOER

Macroeconomics May 15 2020

Is health care discretionary?

Economics of Health Care May 13 2020

"Everyone has their reasons"

Economic and Political Philosophy May 11 2020

Big government is not the solution; it's the problem

Economics of Health Care May 10 2020

The wrong debate

Cross-country Comparisons May 8 2020

There is no magic bullet

Cross-country Comparisons May 8 2020

Consumption shocks and debt

Fiscal Policy May 7 2020

Remember "Remember the Maine"?

Education May 6 2020

America has very high standards

Liberty May 5 2020

The main (economic) problem is social distancing, not lockdowns

Economics of Health Care May 4 2020

Trump's effusive praise of China's coronavirus response

Economics of Health Care May 3 2020

The good, the bad, and the ugly

Finance May 2 2020

The Fed is trying to solve the wrong problem

Macroeconomics Apr 30 2020

"national security reasons"

Liberty Apr 29 2020

Shouldn't the public decide?

Economics of Health Care Apr 28 2020

Further thoughts on the pandemic

Economics of Health Care Apr 27 2020

Update on flights from China

Moral Reasoning Apr 23 2020

The Financial Times on the internal contradictions of nationalism

Politics and Economics Apr 23 2020

Why the travel ban did not work

Economics of Health Care Apr 21 2020

Central banks can "magically" prevent disinflation

Macroeconomics Apr 20 2020

Typhoon

Books: Reviews and Suggested Readings Apr 17 2020

Distorted perceptions of risk

Behavioral Economics Apr 16 2020

Sweden is not the model (Taiwan is)

Cross-country Comparisons Apr 15 2020

The importance of federalism

Central Planning Apr 14 2020

Why did the markets miss it?

Efficient Markets Hypothesis Apr 13 2020

How do you say "deficits don't matter" in Italian?

Fiscal Policy Apr 10 2020

Don't regulate health and safety

Law and Economics Apr 8 2020

The least bad prediction of our post-coronavirus future

Efficient Markets Hypothesis Apr 6 2020

Multiplier misconceptions

Finance Apr 5 2020

Libertarianism dodged a bullet

Economics of Health Care Apr 4 2020

Our economy will likely reboot too slowly

Economics of Health Care Apr 3 2020

"This isn't the last such crisis we'll have"

Economics of Health Care Apr 2 2020

Hubris in the West

Cross-country Comparisons Mar 31 2020

The world is what it is

Behavioral Economics Mar 29 2020

Some misconceptions about wage stickiness

Free Markets Mar 28 2020

A battle fought on a million fronts

Austrian Economics Mar 26 2020

The white man's disease?

Cross-country Comparisons Mar 25 2020

Airlines frequently go bankrupt

Monetary Policy Mar 24 2020

Serendipity: California, the NBA, and the benefits of overreaction

Economics of Health Care Mar 23 2020

The fruits of nationalism

Economics of Health Care Mar 22 2020

Hope springs eternal

Fiscal Policy Mar 21 2020

The case for coercion is weaker than it looks

Economics of Health Care Mar 20 2020

The intuition behind the productivity norm

Monetary Policy Mar 19 2020

Scott Alexander on Herbert Hoover

Economic History Mar 18 2020

There's never been a worse time for fiscal stimulus

Fiscal Policy Mar 17 2020

The "d" word

Macroeconomics Mar 16 2020

The Fed didn't use even 10% of its "ammunition" today

Macroeconomics Mar 15 2020

Does anyone actually care about monetary and fiscal "ammunition"?

Fiscal Policy Mar 15 2020

Leaders are followers

Cross-country Comparisons Mar 14 2020

Why are markets so pessimistic?

Economics of Health Care Mar 12 2020

The answer: One week

Economics of Health Care Mar 11 2020

Dishonesty is a core nationalist value, perhaps the core nationalist value

Liberty Mar 10 2020

Only the Fed can do major "fiscal policy"

Fiscal Policy Mar 9 2020

Oh, so NOW you want our goods

Economics of Health Care Mar 7 2020

The Great Saving Shock of 2020?

Finance Mar 6 2020

State capacity in the US and Singapore

Economics of Health Care Mar 4 2020

The weird global coronavirus data

Economics of Health Care Mar 3 2020

Not all NGDP fluctuations are bad

Macroeconomics Mar 2 2020

Don't count on the government to protect you

Political Economy Mar 2 2020

Overheating forecast bleg

Macroeconomics Feb 28 2020

Fiscal stimulus doesn't require big government or budget deficits

Fiscal Policy Feb 27 2020

If we want things to stay as they are, things will have to change

Macroeconomics Feb 25 2020

Can monetary policy prevent an epidemic from hurting the economy?

Macroeconomics Feb 24 2020

Are the US and the UK political systems converging?

Cross-country Comparisons Feb 22 2020

Paul Romer's second critique of economics

Economic and Political Philosophy Feb 20 2020

Is the US an outlier on health care spending?

Economics of Health Care Feb 19 2020

Currency Manipulation, Saving Manipulation, and the Current Account Balance

International Macroeconomics Feb 18 2020

We've seen this movie before

Fiscal Policy Feb 17 2020

Don't anthropomorphize the economy

Macroeconomics Feb 14 2020

Is Powell relying on help from fiscal policy?

Fiscal Policy Feb 12 2020

The Indian currency experiment

Macroeconomics Feb 11 2020

Be careful what you ask for

Regulation Feb 8 2020

Only incompetent central bankers control interest rates

Macroeconomics Feb 7 2020

Labor unions and the Electoral College

Labor Market Feb 5 2020

Marcus Nunes and Ryan Avent were right

Macroeconomics Feb 3 2020

No libertarian Brexit

International Trade Jan 30 2020

Authoritarian nationalism is bad for your health

Economics of Health Care Jan 30 2020

Trying to understand the Huawei threat

Foreign Policy Jan 29 2020

People are more consequentialist than they assume

Moral Reasoning Jan 28 2020

Doubts about education "reform"

Economics of Education Jan 26 2020

Capitalism is making the Chinese both better and happier

Economics and Culture Jan 25 2020

Yes, the system is rigged. But how?

Economic Growth Jan 22 2020

Which contentious issues are NOT partisan?

Politics and Economics Jan 21 2020

Identity cards also have costs

Liberty Jan 18 2020

NeoFisherism and QE pessimism

Macroeconomics Jan 15 2020

Black swans and eels

Macroeconomics Jan 13 2020

You can't have it both ways

Economics of Education Jan 10 2020

Monetary policy: Better to expect too much than too little

Labor Market Jan 7 2020

Do big cities help economic growth?

Politics and Economics Jan 5 2020

Bryan's 20-20 vision.

Labor Market Jan 2 2020

Price flexibility is stabilizing

Macroeconomics Jan 1 2020

David Siegel on pain medication

Economics of Health Care Dec 29 2019

Good news; Chinese defaults are rising rapidly

Finance Dec 26 2019