|Filed Under:||Business & Finance / Economics|
|Posts on Regator:||2212|
|Posts / Week:||7.7|
|Archived Since:||June 7, 2008|
"For economists who actively engage the public, it is hard to influence hearts and minds by qualifying one’s analysis and hedging one’s prescriptions. Better to assert one’s knowledge unequivocally, especially if past academic honors certify one’s claims of expertise. Show More Summary
Casey Mulligan versus David Cutler
He's becoming a central banker.
I don't know how widespread this phenomenon is, but I thought I would share this email I received this morning : I have been teaching multiple sections of economics for four years now at several Colleges and Universities in the State of Indiana. Show More Summary
As part of our "marketing" effort to get freshmen into ec 10, Harvard's introductory economics course, the ec 10 staff and I are trying to construct a list of famous alums of the course. Here is the list we have put together so far:Steve...Show More Summary
If you are a member of the American Economic Association, you probably received an email this morning about the election of AEA officers. Please vote. It is your patriotic duty, or something like that.Information about the candidates is available here.
When Stan Fischer was a professor at MIT, he was one of the all-time great advisers to those of us in the process of becoming macroeconomists. At a recent conference, Stan took a picture with some of his former students. Here is the snapshot. How many can you recognize?
Click here to read my column in Sunday's NY Times.The topic is whether you should invest in gold as part of your portfolio. After you read the column, you might find the following problem of interest. It is based on roughly plausible assumptions.Imagine that you start off with a portfolio of 60 percent stocks and 40 percent bonds. Show More Summary
Yes, says Joel Mokyr.
Here is a fascinating TED talk about the Chinese political culture. It takes about 20 minutes.
A former student, M. Daniele Paserman, who is now a professor at Boston University, sends me the following email, which I thought was interesting enough to share (with permission, of course): I bumped into your blog post on the Great...Show More Summary
Alan Viard offers his perspective on this key debate.
Click on graphic to enlarge. ? Mark Perry points out: "Yes, the middle class has been disappearing, but they haven’t fallen into the lower class, they’ve risen into the upper class."
In recent years, some economists have drawn attention to a correlation that has been dubbed the Great Gatsby Curve. In particular, countries that have more inequality in income also have less economic mobility. (By the way, the curve...Show More Summary
Janet Yellen is the odds-on favorite.
I spent today at the NBER's conference celebrating the 100th anniversary of the Federal Reserve. Among the conferences I have attended over the years, this was among the best. You can find the papers presented here.
A friend points out to me that the monkeys over at Economics Job Market Rumors are voting whether they would prefer Janet Yellen or Larry Summers as the next Fed chair. Right now, it is close to a tie.
On the issue of corporate tax reform, Larry Summers tries to forge a compromise: The United States should eliminate the distinction between repatriated and unrepatriated foreign corporate profits for U.S. companies and tax all foreign...Show More Summary
Over on his blog, Paul Krugman calls attention to the Cengage bankruptcy. I am not sure why he thinks this event is noteworthy. He seems to do so because Cengage is the publisher of my favorite textbook. I suppose it is schadenfreude on Paul's part.If you are interested in the topic, I suggest you read this article. Show More Summary
Click here to read my column in Sunday's NY Times.