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Arnold Kling on Specialization and Trade

Arnold Kling, economist and author, speaks with EconTalk host Russ Roberts about his latest book, Specialization and Trade: A Reintroduction to Economics. Kling argues that macroeconomics ignores the challenges of buyers and sellers working together in the real world of specialization and trade. Show More Summary

Macro Musings Podcasts: Cardiff Garcia

My latest Macro Musings Podcast is with Cardiff Garcia, U.S. senior editor of FT Alphaville and host of the podcast FT Alphachat. After spending many years engaging with Cardiff in the econ blogosphere, it was a lot of fun having he come into studio for the podcast. Show More Summary

Economics of the Trans-Pacific Partnership (TPP): Distributional impact

The gains and losses from TPP will be asymmetrically distributed but the gains should permit ample support for individuals adversely affected

Greenpeace Leak Exposes Big EU-US Rifts, US Thuggishness, in TTIP “Trade” Negotiations

A leak of a major set of TTIP documents may throw a spanner in the works of a deal that is already contested in the US and EU.

Adding more periods to the Diamond Dybvig Model; fear of illiquidity not insolvency

David Andolfatto has a very good post on "Monetary Policy Implications of Blockchain Technology". In passing (it's not a central point of his post), David says: "However, it's worth pointing out that the leading economic theory of bank sector fragility,...

?Should investors follow Carl Icahn's exit from Apple?

Just the opposite -- several analysts make a good argument that the stock's current tumble make for a great bargain

Social Security filing tactics you need to consider

File and suspend strategies have been curtailed, but you can still do plenty to boost your retirement benefits

Randy Wray: Progressives Don’t Let Friends Vote Neocon

If you take a hard look at Clinton's neocon policies, it's far from obvious that she's a less dangerous Presidential pick than Trump.

Here’s A Pretty Good Excuse For No Posts on Monday

I wrote the last two Pro Trader Market Update reports while sitting in a hospital bed this weekend after having had a small heart attack on Friday. On Monday I’ll have a procedure to correct the problem, and should be as good as “slightly used-reconditioned” in a few days. Show More Summary

?A good reason to ask for a higher credit card limit

Forget having more to spend -- getting a more generous credit limit can help consumers in a surprising way

Fed Tightening: More Reasons to Go Slow

The 2016Q1 advance release, discussed at length by Jim, provides additional evidence in favor extreme caution in tightening monetary policy — maybe even a reconsideration of the June rate hike that seems, according to conventional wisdom, a done deal. First, the output gap increased slightly in 2016Q1. Even taking into account the uncertainty surrounding this […]

What the Primaries Mean

(May 2, 2016 12:00 AM, by Bryan Caplan) Donald Trump has wildly exceeded electoral expectations at every stage of the election. But betting markets still say he has but a 20% chance of winning the presidency. Isn't Trump's record of success after success strong evidence that he's far... (0 COMMENTS)

Monday: ISM Manufacturing, Construction Spending

Weekend:• Schedule for Week of May 1, 2016• Energy expenditures as a percentage of PCE hit another All Time Low in MarchMonday:• At 10:00 AM ET, ISM Manufacturing Index for April. The consensus is for the ISM to be at 51.5, down from 51.8 in March. Show More Summary

What Oil Needs to Sustain Its Rally

Despite heroic profits reported by two of the FANGs - Facebook, Inc. (Nasdaq: FB) and Amazon.com, Inc. (Nasdaq: AMZN) - stocks had a very rough week. The post What Oil Needs to Sustain Its Rally was originally published at The Wall Street Examiner. Follow the money!

Liveblogging PostWar: April 30, 1946: Eleanor Roosevelt

Eleanor Roosevelt: [My Day](https://www.gwu.edu/~erpapers/myday/displaydoc.cfm?_y=1946&_f=md000326): >NEW YORK, Monday—The blue sky returned to us yesterday and, luckily, cold as the weather was, it was not quite freezing, so our fruit blossoms and our plants are still unhurt. Show More Summary

Liveblogging the American Revolution: April 29, 1778: John Adams

John Adams: [Travels, and Negotiations](http://www.masshist.org/digitaladams/archive/doc?id=A2_17): >Dined with the Marshall De Maillebois, with a great deal of Company. Here also We were shewn the Marshalls Amie seated at the Table, with all his great Company. Show More Summary

Liveblogging Postwar: May 1, 1946: Berlin

[Women during the May Day Demonstration in Berlin (May 1, 1946)](http://germanhistorydocs.ghi-dc.org/sub_image.cfm?image_id=2583): >According to _Neues Deutschland_, more than 500,000 people took part in the May Day rally on May 1, 1946, including many women who – like those shown in the picture – gave voice to their demand for full equality. Show More Summary

Liveblogging Postwar: April 28, 1946: Tojo Hideki

[World War II Timeline: April 28, 1946-February 17, 1947](http://history.howstuffworks.com/world-war-ii/postwar-europe-and-japan2.htm): >April 28, 1946: The International Military Tribunal for the Far East indicts Japanese war minister Tojo Hideki as a war criminal, charging him with 55 counts. He will be sentenced to death in November 1948

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