The dismal science

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Rise of the Superstar Firms: Taking Oligopoly Seriously in Macroeconomics

Published by Anonymous (not verified) on Fri, 22/01/2021 - 1:55am in

Quelle surprise! Only now that EU and US officials are up in arms about monopolies are macroeconomics pros taking it seriously.

The American Rescue Act: Do Whatever It Takes

Published by Anonymous (not verified) on Wed, 20/01/2021 - 9:08pm in

The economy is likely to be crippled for months and fiscal rescue on a large scale, once again, is very much necessary.

Edward Lazear: Personnel, Policy, and Productivity

Published by Anonymous (not verified) on Mon, 11/01/2021 - 10:52pm in

Eulogy for Edward Lazear, a "consummate economist."

The Economic Impact of Ancient Colonisation

Published by Anonymous (not verified) on Sat, 09/01/2021 - 8:51pm in

How ancient colonizers left an enduring economic footprint, even at the local level.

Best of Mankiw: Errors and Tangles in the World’s Best-Selling Economics Textbooks

Published by Anonymous (not verified) on Mon, 04/01/2021 - 6:07pm in

Harvard's Greg Mankiw is taken to task by Serious Economist Peter Bofinger for some major howlers in Mankiw's textbooks.

Economist Dennis Snower Says Economics Nears a New Paradigm

Published by Anonymous (not verified) on Sat, 02/01/2021 - 7:37pm in

A perhaps too-upbeat take on the possibilty of big changes in the economics profession.

Polarization, Then a Crash: Michael Hudson on the Rentier Economy

Michael Hudson discusses the chokehold of pro-finance, pro-rentier capitalism reaching into the present COVID-19 crisis.

Explaining Fiscal Multipliers, a Stealthy but Important Budget Battleground (Part 1)

Fiscal multipliers, an economic concept often misused to justify austerity, is rearing its head in Beltway budget debates. Time to bone up.

Who Loses Out From Covid-Induced Changes in Buying Patterns?

Why for some sectors of the economy, life after Covid may never be the same.