|Filed Under:||Business & Finance / Economics|
|Posts on Regator:||879|
|Posts / Week:||2.5|
|Archived Since:||June 7, 2008|
Congratulations to the recipients of the 2014 Economist Educators Best in Class Teaching Award. These three were chosen by the Board of the National Economics Teaching Association (NETA) from numerous submissions. Prizes are provided by Cengage Learning. Show More Summary
A nice essay by Olivier Blanchard on the lessons we should learn from the financial crisis and Great Recession.
NPR takes a look. Generally, a good and balanced treatment. But they play a bit too fast and loose with the difference between high and rising. Some of the hypotheses they suggest can explain high prices but not rising prices.
Teachers of intermediate macroeconomics will find this new book of interest: This Vox EU Course Companion, the first in the series, is a collection of carefully selected Vox columns designed to supplement Mankiw’s Macroeconomics textbook. Show More Summary
The IMF endorses the free-lunch view of infrastructure spending. That is, an IMF study suggests that the expansionary effects are sufficiently large that debt-financed infrastructure spending could reduce the debt-GDP ratio over time. Show More Summary
Science Watch offers their choices.
Here is a website that gives up-to-date graphs of several policy rules.
An instructor in introductory economics asks: I have a question that may be of interest to the students and faculty who read your blog. In searching the archives of your blog, I did not see a blog post on the following: How do you assess and evaluate those students? I have a colleague who administers only one assessment - a final. Show More Summary
Lars Christensen plots a version of the Taylor rule I proposed some years ago (published here). I suggested this rule as an approximate description of Alan Greenspan's monetary policy in the 1990s. Here is the plot: Click on graphicShow More Summary
Noah Smith puts it well: most of our arguments are over things like Obamacare, or antipoverty programs, or financial regulation-- issues on which reasonable people can and do disagree. If you’re uncivil in this sort of situation -- if...Show More Summary
A friend sends the following puzzle. Find the X that fits in this sequence: 16 06 68 88 X 98 For those who don't get it, I will post a hint in a few days.
I much enjoyed this article by Steven Pinker. An excerpt: It seems to me that educated people should know something about the 13-billion-year prehistory of our species and the basic laws governing the physical and living world, including our bodies and brains. Show More Summary
No, says Ken Rogoff.
From Josh Barro.
Here is a list. By the way, six are at Harvard, more than any other school.
Source To users of my favorite textbooks: Thank you! Have a great semester.
Click here to read my column in Sunday's NY Times.
I will be speaking at the annual conference of the National Economics Teaching Association, which this year is being held on Thursday, November 6th and Friday, November 7th, 2014 in San Diego, CA. If you want to consider attending, click here for more information. You can potentially win a free trip to the conference, as well as some cash, by entering this contest.
In The New Republic. A tidbit: Only very extreme scenarios, where every wealthy individual does all of the following at the same time can lead to the sort of explosive inequality dynamics Piketty fears: Marries someone at least as wealthy or bequeaths all wealth to one child. Show More Summary