2009–2011
1,320 posts
2011 313
December 2011
- A Half Dozen Short Takes
- The Burden of the Debt
- Jeremy Stein to the Fed
- How do the rich earn their livings?
- I win a journalism award
- I wish you all a Merry Christmas, and also a New Year full of miracles
- The Ron Paul Portfolio
- The secret is out
- Lessons from 2011
- Holiday Gift Suggestions
- A Family Holiday Trip to NYC
- Is modern capitalism sustainable?
- Are economists selfish?
- Books on Inequality
- Shiller on Neuroeconomics
- This Year's Nobel Lectures
- Steve Marglin on Heterodox Economics
- Coffee and the Age of Reason
- Taylor versus Krugman
- The Education of the One Percent
- A Discussion of Inequality
- Eichengreen on U.S. Fiscal Policy
- 15 Years Later
- Sargent and Sims
- My View of the Ec 10 Walkout
- Death to Pennies
- Is my ideology that obvious?
- The Draghi Deal
November 2011
- It's all Ben's fault!
- Have lunch with me
- Richard Epstein on Inequality
- What Milton Friedman might say to the Occupy movement
- Thanksgiving Shopping Advice
- Advice for Lost Graduate Students
- Polling Economic Experts
- Straight No Chaser
- The View from Penn (a shameless plug)
- Ugly Discrmination
- The British 1 Percent
- The Long, Sad History of Industrial Policy
- Supply-side Policies as a Way to Boost Aggregate Demand
- On Leverage and Financial Regulation
- A Profile of Daniel Kahneman
- Darkness in Europe
- A Profile of OWS
- Input from Cornell
- Why I am waking up so early
- What would John Maynard Keynes have said about Obamacare?
- Race Against the Machine
- Educating Oligarchs
- I speak with NPR
- Occupy Wall Street comes to Ec 10
- The Distributional Effects of the Perry Plan
- Try This One
October 2011
- More on a Nominal GDP Target
- The Impact of Economics Blogs
- My Lecture at Princeton
- The Budget Deficit
- The Rich Get Poorer
- Fates to Avoid
- Nordhaus on Energy Economics
- After Keynesian Macroeconomics
- The Latest from Merle Hazard
- The Distributional Effects of 9-9-9
- A Target Path for Nominal GDP
- The Increased Role of the Minimum Wage
- Even leftists believe in property rights
- The Monetary System of the Future?
- The Nobel Prize
- Nobel Speculation
- A Fun New Search Tool
- Krugman on IS-LM
- Policy Uncertainty
- Solow on the History of Thought
- Obama versus Clinton on Tax Policy
- Advice for College Freshmen
- Fantasy Nobel Picks
- David Brooks on Mitt Romney
- Alan Blinder and Glenn Hubbard agree
- Sin Taxes on College Sports?
- Optimal Stabilization Policy
- Nobel Prize Pool
- The Darwin Economy
September 2011
- Principle #4 in Action
- Left-Digit Bias
- Fred Bergsten on Net Exports
- Robert Shiller on Stock Valuations
- Peter Diamond on Stimulus
- More Competition
- The Harvard guy in the NFL
- Moneyball
- A Conversation with Robert Lucas
- Why I am not very worried about inflation just now
- Three from National Affairs
- Kotlikoff on the Corporate Tax
- Nobel Predictions
- The Progressivity of the Tax System
- Roland Fryer, Genius
- The Case for More Quantitative Easing
- 20,000,000
- Taylor on the Fed's Mandate
- The President's New Tax Reform Proposal
- The Problem with Industrial Policy
- Harvard's Kindness Pledge
- Steve Levitt's Daughter
- Hayek and Keynes
- Krugman on Barro
- We're number one!
- Fixing Our Sick Economy
- A Plan for Zero Unemployment
- Paul Samuelson on Social Security
- Warren Buffett's Taxes, again
- Austan Goolsbee plays...
- Economics Teaching Conference
- Something for Nothing
- Reflections of a Former Student
- Theory versus Practice
- Ten Principles of Economics, in Limericks
August 2011
- The Economics of Paying for Disaster Relief
- Glaeser on Mortgage Modification
- Alan Krueger to chair CEA
- Finally, some good economic news
- Auctioning Public Parking Spaces
- An Animated 4-Minute History of Econ
- Jeff Miron on Capitalism
- Split-Rated
- Economics Teaching Conference
- Showing Up in Unexpected Places
- A Reading for the Pigou Club
- Coy or Nuanced?
- I talk to Larry Kudlow
- I talk to Reuters
- Former Fed Officials Opine
- Federal Nondefense Spending (% of GDP)
- Rogoff on the Great Contraction
- An Externality
July 2011
- In Defense of Ben
- Mark Thoma vs Larry Summers
- The Rainbow Fish, Revised
- A Question About Tax Incidence
- The Light Bulb Ban
- Spending in Disguise
- The Subprime Mortgage Crisis
- The European Debt Crisis
- The Always Quotable Larry Summers
- Size Matters
- The Latest from the Standup Economist
- Why aren't businesses hiring?
- Reinhart and Rogoff on the Debt Problem
- Why there is no budget deal
- Spending Hidden in the Tax Code
- GSE Fact of the Day
- Choices for Greece
- The Disappointing Recovery
- Rogoff on Inequality
- I was scooped
- A Good Exam Question
- Housing Tax Subsidies
June 2011
- Economist as Movie Reviewer
- Some Advice for the GOP
- The Rate of Return on Human Capital
- How To Waste $600 Million
- Crazy Public Policy: A Case Study
- Health Inequality
- Preaching to the Choir
- A Few, Unwitting Agreements about Healthcare
- A Bit Too Much Gratitude
- Parenthood
- A Look at QE2
- George Akerlof
- How to Grow the Economy
- Rajan on Monetary Policy
- Are emerging and developed economies switching place?
- Austan Goolsbee steps down
- My Favorite Textbook: The Next Generation
- The Next Step on the Road to Serfdom
- Peter Diamond withdraws
- The Demagoguing of Medicare Reform
- The Mistake of 1937
- Kevin Warsh
- Occupational Hazards
- Lucas on the Great Recession
May 2011
- Household Expectations
- How to Fix the Long-Term Fiscal Problem
- Advice for the Recently Tenured
- Feldstein on Greece
- Barney & Fannie
- A regression I would like to see
- Strong Dollar = Strong Economy ?
- A Profile of Marty Feldstein
- Markets in Everything
- Being an economist is no defense
- Partisan Grading
- President Obama's Asset Allocation
- A Bond Market Meme
- The Google Puzzle, Again
- Good News
- Google Plays the Yield Curve
- Haikunomics
- A Poll of Economists
- Evaluating ARRA
- Fun Fact of the Day: California Edition
- Our Negative Bequest to Our Children
- Libertarian Paradise? Discuss.
- Macroeconomic Uncertainties
- I agree with Paul Krugman
- The Inanity of Rent Control
- If Supermarkets Were Like Public Schools
- Increasing Inequality around the World
April 2011
- The Purple Tax Plan
- Goodnight Moon
- Keynes vs. Hayek Round Two
- Height over Time
- The World's Poor and Hungry
- Shiller vs Siegel on Stock Market Valuation
- Lunch
- Alternative Fiscal Futures
- People Talking Past Each Other
- Price Controls for Limo Rides
- My Greatest Honor Ever
- Winner in 2012
- A Free Book Well Worth Your Time
- My Talk from Yesterday
- Academic Bloggers
- Capping Tax Expenditures
- No Grand Bargain on the Horizon
- Two Visions for Medicare
- The Ryan Plan
- Increases in Top Incomes: Baseball Edition
- An Upcoming Webcast
- Jeff Miron on Healthcare
- Does GDP buy happiness?
- Things I did not say
- A Conference for Economics Instructors
- A Comic for Chapter 4
- A Profile of Al Roth
- A V, 2 Us, and an L
March 2011
- I make the big time
- Should the United States depend on foreign suppliers for vital resources?
- A Striking Scatterplot
- Scott Sumner to the rescue
- Stiglitz on the Deficit
- Our Children's Financial Crisis
- Even terrorists have downward-sloping demand curves
- The Citation Impact of Open Access
- CEA Chairs on the Budget Deficit
- BPEA is open access
- What nation has the most progressive tax system?
- CBO on the President's Budget
- The Nerdiest Ripple Effect
- Some Commentary
- The Coase Theorem in Action
- Optimal Stabilization Policy
- March Madness, Econ-Style
- Broadway Producers as Risk-taking Entrepreneurs
- What's new in the new edition?
- Fed News
- Striking Fact of the Day
- A Shoutout
- Richard Freeman on Unions
- Tobin's Q
February 2011
- Barro on Unions
- An Econ Conference for Undergrads
- Empiricists versus Theorists
- MIT Symposium
- Tax Fact of the Day
- Econ Summer Camp
- Tax Fact of the Day
- Gita Gopinath
- The Ec10-mobile is dead!
- Is the Fed printing money?
- Reinhardt on Trade
- President Obama's Budget
- Ed Glaeser on The Daily Show
- Death by Price Control
- Smog-Eating Roof Tiles
- The new edition is here!
- The Case against "Winning the Future"
- Jobs, Jobs, Jobs
- A Portrait
- Incentivizing Customers to Monitor Workers
- Economics Video Contest
- On Comparative Advantage, Imperfect Markets, and Boston Weather
- A Behavioral Econ Business Plan
- The State of U.S. Manufacturing
- The Lucky Break of Rent Control
- The Jobs Report
- One for My Photo Album
- Donald Marron on Tax Reform
- Moral Hazard
- Fix the Economy, Win $15,000
January 2011
- Would you call Gary Becker for marital advice?
- A Teachable Moment Wasted
- Tax Justice
- NPR reports...
- Sotu
- Book Recommendations
- Reflections on Graduate Education
- Yet Another Ranking
- Give me $1 billion to cut the budget deficit
- What would repeal of Obamacare do to the budget deficit?
- What I've Been Reading
- An Interview with Burt Malkiel
- The Half-Full Glass of Economic Mobility
- On Violent Metaphors
- How much unemployment is structural?
- What I've Been Reading
- Say Hi in Denver
- What does a trillion dollars look like?
- Another Cost of Hyperinflation
- Commanding Attention
- Natural Resources and the Limits to Growth
- Letter to the President
2010 311
December 2010
- How to meet me in Denver
- Econ Education at the ASSA Meeting
- Voting with Your Feet II
- Malkiel's Recommended Asset Allocation
- Economists on Ebenezer Scrooge
- Voting with Your Feet
- Advances in Inflation Measurement
- An Occupational Hazard
- The Value of Good Teachers
- The Charitable Deduction
- Econ Books for Young Children
- Menu Costs during Hyperinflation
- The Economics of Seinfeld
- Avinash Dixit
- An Economists' Hanukkah Song
- On Editing an Economics Journal
- The Daily Show: Printing Money
- The White House reads this blog
- Fairness and Tax Policy
- Simon Johnson and Me on NPR
- How Economics Saved Christmas
- Gift Books for Econ Lovers
- Hear Me Squawk
- More on the Tax Deal
- The Distribution of the Tax Deal
- The Tax Deal
- 200 Countries and 200 Years in 4 Minutes
- My Agnosticism about UI
- Grading Econ Textbooks on Climate Change
- 1/2 Math + 1/2 Faith = ???
- A Mono Mandate for the Fed?
November 2010
- The Simpson-Bowles Social Security Plan
- How to Improve Dodd-Frank
- Barro on QE2
- Department of "Huh"? (Why Oh Why Can't We Have a Better Blogosphere? Brad DeLong Edition)
- Taxes, Spending, and Semantics
- The Progressivity of Bowles-Simpson
- Qe2
- Hubbard on the Bowles-Simpson Tax Plan
- You Fix the Federal Budget
- Help me find the photographer
- The Simpson-Bowles Social Security Plan
- Good Signs from the Deficit Commission
- Raise the Early Retirement Age
- Thaler on the Estate Tax
- Laura Tyson and Me on NPR
- A QE2 Ditty
- Malkiel's Recommended Reading
- Feldstein on QE2
- Is Obama a Keynesian?
- From Saturday's DC Rally
October 2010
- Quantitative Easin'
- A Rolling Stone gathers no taxes
- The Colbert Effect
- John Cochrane on Tim Geithner
- Pricing in Venezuela
- Christy's First Column
- Goolsbee, Deconstructed
- Where's Peter going next?
- I find Stephen Colbert funny, even when it's at my expense
- Kinsley's Mistakes
- Hear Me Squawk
- Why do economists disagree?
- The Myth of Shovel Ready
- Barney Frank, Then and Now
- Response to Queries
- Woodford on Monetary Policy
- Ec 10 Nobel Trivia
- The Nobel Prize
- My Marginal Tax Rate
- Betting on the Nobel
- Rogoff on Gold
- Harvard Undergrads, Real and Imagined
- The Debate over Fiscal Adjustment
- Jack of All Trades
September 2010
- The Latest from the Standup Economist
- Economic Education Video Competition
- New NRC Rankings
- Bill Clinton channels Friedrich Hayek
- The Harvard Nobel Prize Pool
- A New Approach to Intermediate Macroeconomics
- Best Congressional Testimony Ever
- Smart Athletes
- Me on All Things Considered
- Larry and Harvard
- Predicting the Nobel
- Krugman versus Rajan
- Inside Job
- Glaeser on Goolsbee
- The Tourist Platter of Economics
- Classroom Games
- How much would the President raise the top tax rate?
- Economics Teaching Conference
- Viard on Marginal Tax Rates
- Miron on the Bush Tax Cuts
- A Dastardly Clever Scheme
- Goolsbee to Chair CEA
- Economics in a Nutshell
- A Small Step in the Right Direction
- Bernanke on the Financial Crisis
- Advice for Frosh
- Should the Bush tax cuts be extended?
- Counting Small Businesses
- Cash for Clunkers
- This year's Freshman Seminar
- Da Vinci, Updated
- The CEA Chair Says Goodbye
August 2010
- An Enlightening Example
- Barro on Unemployment Insurance
- Reinhardt on Efficiency
- The Latest from Merle Hazard
- Krugman reestimates the Mankiw rule
- Notes from the Sixth Row
- CBO's Latest Projection
- Amazon Bestsellers
- What I Learned on My Summer Vacation
- What I've Been Reading
- We're number one!
- Favorite Family Game
- A Challenge to Extreme Keynesians
- Where does the Laffer curve bend?
- The White House Policy Process
- A Wise Passage
- How is Medicare doing?
- On Congressman Paul Ryan
- Christy Romer Steps Down
- President Obama's Pro-Union Stance
- Rogoff on the Current Policy Challenge
July 2010
- The Risk of a Fiscal Crisis
- Stocks Look Cheap
- Do Kindergarten Teachers Matter More than Parents?
- Readings for the Pigou Club
- Al Roth
- The Mid-Session Review
- Econ Jargon Watch
- Solow on DSGE Models
- Harvardians in the FT
- The Dodd-Frank Anti-Stimulus Bill
- Government Spending by Another Name
- Merle Hazard on the Greek Debt
- The principle of comparative advantage applies even to union picketing
- Jeremy Siegel's Forecast
- Median Duration of Unemployment
- The Problem with Biofuels
- The CEA's Impossible Job
- The Return of Command and Control
- The Trilemma
- The Root Cause of the Crisis
- Prices adjust when the exchange rate can't
- Are stimulus skeptics logically incoherent?
- An Interview with Bob Hall
- The Ubiquitous Ken Rogoff
- A New Problem for Insurance Markets
- The Influence of Alberto Alesina
June 2010
- Federal Tax Rates by Income Quintile
- Links
- My Latest
- Ten Days without the Internet
- Glaeser on Libertarianism
- Stock Market Valuation
- Are bonds sexy?
- The Value of Student Evaluations
- Amazon Number One
- A Bit More on the Soda Tax
- CBO on Health Spending
- Soda and Other Sins
- More Competition
- When will the Fed raise rates?
- Lessons from the BP Spill
May 2010
- Is the new measure of poverty better?
- Income and Federal Tax Shares
- Fama on Financial Reform
- The Next Financial Crisis
- The World Economy in a Nutshell
- Modesty, Gradualism, Balance
- Whither Fannie and Freddie?
- Do two rights make a wrong?
- Picture of the Day
- The Feeling is Mutual
- Follow the Money
- Glaeser on Cap-and-Trade
- Harvard's Double Standard?
- Lessons from Greece
- Is a VAT good for exports?
- Guess the Author
- Kocherlakota on Modern Macro
- Spike Lee, Al Gore, and Me
- Who gets the goodies?
- Bernanke on Happiness
- Pigovian Logic
- The Rodrik Hypothesis
- Opportunity Cost
- The Welfare State's Death Spiral
- Ferguson on Posner
- Does a common currency area need a centralized fiscal authority?
- The Budget in One Picture
- In Defense of Price Gouging
- Obviously, he didn't take ec 10
- A Talk from Esther Duflo
- Ambivalence
- How to Solve Inbox Congestion
April 2010
- The Most Influential Book Ever Written
- Libertarianism A to Z
- A Great Sentence
- The Fundamental Theorem of Politics
- Swagel on the Dodd Bill
- Anti-Anti-Mankiw
- Congratulations, Esther
- Contingent Convertible Bond Watch
- Naked Self-Promotion
- Future Clark Medalists
- Zipf's Law
- Egalitarianism: The Next Step
- The Anti-Mankiw Movement...
- Kocherlakota on the Recovery
- The Latest from the CEA Chair
- Spreading the Wealth via Heathcare Reform
- A Guest Post from John Galt
- Why are most professors leftists?
- The Valued Added Tax
- Hear Me Squawk
- How to Lie Without Statistics
- The Enormity of the Fiscal Gap
- The Massachusetts Health Experiment
- Declining Admission Rates at Top Colleges
- Speculation about Larry
- Is "Unpaid" Below the Minimum Wage?
- Keynes: Economics as Impressionism
- Barro on the Great Depression
- An Auction
March 2010
- Comments on Fiscal Policy
- Marron on the Fiscal Challenge Ahead
- Taxes per Person
- Preparing for the Next Financial Crisis
- David Brooks on the State of Economics
- Help Wanted
- A Fiscal Train Wreck
- An Inflation Debate
- Healthcare, Tradeoffs, and the Road Ahead
- Caveats from CBO
- A Warning about CBO Scoring
- Comments on Alan Greenspan's "The Crisis"
- Suggested Readings from Harvard Profs
- An Ec 10 Success Story
- The Chinese Currency Question
- Shiller's Prognosis
- Happy Pi Day!
- Choosing a Graduate Program
- NPR disses the Pigou Club
- My Visit to Oberlin
- The Problem with Deficit Neutrality
- A Life in Finance
- CBO on the President's Budget
- Economics in One Picture
- Rogoff on Japan
- Gorton on the Financial Crisis
- Life Expectancy at Retirement
- Just a Spelling Lesson
- A New Member of the Pigou Club
February 2010
- Spreading the Wealth Around
- More on Ranking CEAs
- An Interview
- Financing Healthcare Reform
- How Not to Stop Healthcare Inflation
- What unions are getting...
- What I've Been Reading
- Fiscal Stimulus, One Year Later
- Thoughts about the Fiscal Commission
- An Illogical Attack on the GOP
- The Buck Stops Where
- Ranking CEAs
- The ERP
- Become an Ec 10 Section Leader
- Imperfect Information and Aggregate Supply
- Reading the Budget's Footnotes
- Austan Goolsbee on The Daily Show
- Two economists walk into a bar...
- Reflections on the Housing Market
- Economics Comedy
- Defending Jobs Abroad
- The Blame Game
- The Sorry State of Cap-and-Trade
- President Obama's New Budget
- Job Opening
January 2010
- Slow Growth and Rising Debt
- ECONOMICS!!
- How to Help Haiti
- Lazear on the Spending Freeze
- The Budget Picture
- Cooley on the Bank Tax
- Hayek vs Keynes Rap
- A Note from Inside
- Bad News for Ben (and for the rest of us)
- The Height Tax gets some publicity
- Bob Solow on John Cassidy
- Diamond and Kashyap on the Bank Tax
- Feldstein on Obamanomics
- Baumol's Cost Disease
- The Inflation Monster
- Healthcare Reform Debate
- The Bank Tax
- The Rise of European Leisure
- Renting is cheaper than Buying
- Learning from Europe
- Unemployment Update
- Wealth-dependent Fines
- Blogometrics
- How well is Team Obama working?
- Why is the recovery so tepid?
- Dave Barry's 2009 Year in Review
- Goodbye, Estate Tax (for now)
2009 696
December 2009
- A Debate for the Pigou Club
- Why health consumers aren't cost conscious
- The Temporarily Disappearing Estate Tax
- AEA Humor Session
- The Monetary Base is exploding. So what?
- Gruber on the Cadillac Tax
- Can you name this economist?
- P/E Ratio
- Smoot-Hawley Revisited
- The Ten Principles Down Under
- A Reading for the Pigou Club
- The Case Against the Millionaire Surtax
- The Price of Christmas
- Sachs on the Copenhagen Summit
- Rolling the Dice on Medicare
- Epstein on the Reid Bill
- Readings on Financial Regulatory Reform
- The Big Questions
- Reinhardt on Drug Reimportation
- Mankiw vs Pinker
- Nine Observations about Investment
- Memories of Paul
- Why Keynesians drive Scott Sumner nuts
- Paul Samuelson has died
- Fiscal Stimulus Revisited
- Joe Stiglitz
- Chip Case retires
- Colbert on the Fed
- Tiger Woods as a Natural Experiment
- The Transactions Tax
- My Freshman Seminar
- The Pigou Club talks to the Senate
- What I've been listening to
- What responsibilities should the Fed have?
- Glaeser on Financial Regulation
- Take Out Your Pencils 4
- Predicting Honors
November 2009
- How to Create Jobs
- Harvard's Finances
- P < AVC
- My Crib
- A Reading for the Pigou Club
- Is a Tobin Tax feasible?
- Please Resend
- How Little We Know
- Take Out Your Pencils 3
- Now it all makes sense
- Healthcare Reform and the Big Tradeoff
- The Changing Face of the World Economy
- New Research on Fiscal Policy
- Steering into an Iceberg
- What makes a nation rich?
- Laibson in Ec 10
- Take Out Your Pencils 2
- Happy Birthday, Professor Pigou
- Flier on Healthcare Reform
- A Rational Loss for Bill Belichick
- The Actuary on the House Bill
- News for New Econ PhDs
- Supply, Demand, and Healthcare Reform
- Netherlands joins the Pigou Club
- Bending the Curve: How's it going?
- Steuerle on Healthcare Reform
- The Poverty Trap
- For Extra Practice
- Old Time Recession
- More on LHS
- Dick Armey on Harvard Economics
- Unintended Consequences
- Feldstein on Obamacare
- Take Out Your Pencils
- Unemployment Update
- Spreading the Word
- Environmentalism vs Homeownership
- Assuming a Can Opener
- Counting Jobs
- Taking out the Trash
- Disincentives from Reform: House Edition
- Government Motors: Update
October 2009
- Disincentives from Health Reform
- How well known are economists?
- Average Marginal Tax Rate
- Is Amazon predatory?
- More Competition
- The Value of Human (?) Capital
- Is the efficient markets hypothesis kaput?
- Economics Rap
- A Tribute to John Meyer
- From the CEA Chair
- The Public Plan, Again
- The Big Tradeoff
- A Question for Class Discussion
- More Blogging?
- Cowen on Insurance Mandates
- A Defense of Insider Trading
- How Harvard Economists Invest
- Intellectual Property Factoid
- From the CEA Chair
- Blog Map
- More Shots in the Trade War
- More on Superfreakonomics
- Is the fiscal stimulus really "temporary"?
- Alan Blinder versus SNL
- China's Dollar Problem
- Battle of the Clark Medalists
- Davis on Job Creation
- Maskin on the Financial Crisis
- The Value Added Tax
- Paul Romer on Elinor Ostrom
- The Incidence of the Cadillac Tax
- Pigovian Question of the Day
- Naked Self-promotion
- The Envelope, Please
- Nobel Update
- Marginal Tax Rates from Health Reform
- First-Year Grad Student Wins Nobel Prize in Economics!
- A Cautionary Tale
- Feldstein on Healthcare Reform
- Nobel Odds
- A 70-percent Marginal Tax Rate
- A Tax Credit for New Hiring?
- David Brooks at His Best
- Larry and the Team
- A Victory for Mundell-Fleming
- Medicare and Freedom
- Kocherlakota to the Fed
- Unemployment Update
- Austan Goolsbee
- Barro on Multipliers
September 2009
- Memo to White House Speechwriters
- Economics Teaching Conference
- A Painless Way to Learn Economics
- Intergenerational Redistribution
- A Bug, Not a Feature
- Back from the Brink
- Status Quo We Can't Believe In
- Nobel Predictions
- Posner on Keynes
- Is a mandate a tax?
- More Competition
- Is there a healthcare crisis?
- People Respond to (Perverse) Incentives
- Nobel Prize Pool
- Book Review
- My Magic Pills
- “People of the same trade...
- Levine on Macro
- Kocherlakota on Macro
- CBO on the Baucus Plan
- What economists believe
- Lehman and the Crisis
- Gordon on Macro
- A Coming Trade War?
- Flier on Health Reform
- Where's the beef?
- A Victory for the Protectionists
- How Did Economists Get It So Wrong?
- France joins the Pigou Club
- Judging Downturns II
- Judging Downturns
- Field Research in Economics
- Speech Review
- Saving the Capitalists from Capitalism
- Matthew Weinzierl
- Most Lucrative College Majors
- How large is the fiscal policy multiplier?
- Unemployment Update
- More on Rising Healthcare Spending
- Krugman on Macro
- Why are we spending more on healthcare?
- The secret is out
August 2009
- Test Scores and Biological Father's Income
- An Impossible Task
- And I thought I was being boring
- The Least Surprising Correlation of All Time
- How large is the fiscal hole?
- POTUS makes a wise choice
- The Joys of Academia
- Preview of the Midsession Review
- A Good Read on Health Policy
- We are all supply-siders now
- Barney Frank on the Economics Profession
- Blanchard on the Outlook
- Feldstein on Obamacare
- Pigou Club News
- Thaler on the Public Option
- A Diversified Portfolio
- The Town Pier
- Three on Health Policy
- Ken's Dystopia
- A Reading for the Pigou Club
- Wonky Talk about Carbon Taxes
- The Case against Auctions
- An Ounce of Prevention
- Close, but no cigar
- British healthcare is great
- The Recession in Nantucket
- Free Market Healthcare Reform
- Career Advice
- The Envelope, Please
- What I've been up to
- The Strangest Sentence I've Read Lately
- Elmendorf in Action
- Health Reform: Simple or Not?
- A Senator joins the Pigou Club
- The Case for More Inflation
- Obesity and Healthcare Costs
July 2009
- Buiter on the Next Fed Chair
- Income Tax Fact of the Day
- "They priced it way too high"
- Arrow on the Increasing Cost of Healthcare
- Why is supply and demand so confusing?
- Feldstein on Obamacare
- IBM, Microsoft, ________
- Back to the Drawing Board
- A Reading for the Pigou Club
- The Latest from Merle Hazard
- Should we envy European healthcare?
- The Honeymoon is Over
- Unicorn Dust and Pixie Wings
- Trust
- Vote early and often
- Dynan and Gayer to Brookings
- Little League Arms Race
- How Harvard Lost $1 Billion
- The Press Conference in a Nutshell
- The Fed's Exit Strategy
- Whatever
- My Whereabouts
- Should the rich finance healthcare reform?
- Is "deficit neutrality" too easy a test?
- Summers on Health Economics
- Anna Schwartz on the Bernanke Fed
- Questions for the President
- Google Searches as an Economic Indicator
- Ali G meets an economist
- Healthcare Thought of the Day
- I stand corrected
- Who are these guys?
- Top tax rate may soon exceed 50 percent
- Zingales on NYC
- Keeping Animial Spirits Alive
- Stocks for the Not-so-long Run
- Glaeser on NYC
- Modern macro even Paul Krugman will love
- Does the citation count if they don't bother to mention your name?
- Excess Demand
- More Fiscal Stimulus?
- Healthcare Thought of the Day
- Miron on Bailouts
- Makin on Homeownership
- The Problems at Harvard
- Lazear on Fiscal Stimulus
- A New Business Plan
- Interview with Burt
- Costs versus Efficiency
- Gruber on Financing Health Reform
- Medicare has lower administrative costs?
- A Case to Watch
- Happy Independence Day!
- High-speed Trains to Nowhere
- CBO and I agree
- Unemployment Update
- Old Speeches, New Policies
- Protectionism: A New Twist
- More Competition, More Attentive Parents
- Cooley on the Beleaguered Middle-class
June 2009
- This makes my day
- Split Opinion
- A Missed Opportunity
- Interview with Kevin Murphy
- The Arbiter of Ignorance
- Harvard's Troubles
- My Take on the Public Option
- A Dose of Ennui
- Was Keynes really a savvy investor?
- The Ugly Cap-and-Trade Bill
- The Public Option
- Posner on Financial Reform
- Cutler on Healthcare Costs
- Physicians' Incomes and Healthcare Costs
- Financial Crisis Timeline
- Jury Duty
- Top Level Institutions in Economics
- Can better prevention save healthcare costs?
- Milton Friedman on Healthcare
- International Health Comparisons
- Why I write textbooks
- Kling on Financial Regulation
- Hennessey on Financial Regulation
- Deflation?
- Defamation!
- Schlockonomics
- Twenty-Five Years Ago Today
- CBO on the Healthcare Bill
- Samuelson's Words of Warning
- The New Voodoo
- World's Best Ice Cream
- Taxing Height
- Is increased health spending optimal?
- The Case against a Minimum Wage Hike
- He doesn't look like Moses
- Cap-and-trade bill looks worse and worse
- The Olympics of Voting
- Height and Happiness
- Fact of the Day
- Randy & Phill
- Thanks, Robin
- Team Obama
- Googlopoly
- This Recession's Gender Gap
- What's the point of a public option?
- Government Motors
- A New Ranking of Economics Journals
- What Harvard's new graduates are doing
- Are B-school economists different?
- Optimal Taxation in Theory and Practice
- The Latest from the CEA
- The New Antitrust Policy
- It's a tie
- Ds versus Rs
- The Cap-and-Trade Bill
May 2009
- The Myth of Healthcare Savings
- Ferguson takes on Krugman
- The Case for Doing Little
- Clive Granger
- Keeping Things in Perspective
- The Cult of Utilitarians
- Google's Economist
- Blame the Board
- The Yield Curve is Steep
- The Shrinking of Harvard
- Marty leaves AIG
- John Taylor is worried...
- More on Negative Interest Rates
- Biofuels are lose-lose
- SCOTUS nominee is a spender
- The Healthcare-Competitiveness Fallacy
- Crisis 101
- Then and Now
- Counting on Ignorance
- The Economics of Star Trek
- Even better than I thought
- Women are less happy
- The Fiscal Future, Again
- The Fiscal Future
- The Latest Bailout Request
- The Fundamental Theorem in Practice
- Accountability?
- Never mind
- The Personal Side of the Credit Crisis
- Limited Purpose Banking
- News for the Pigou Club
- Paul Krugman concedes
- My Whereabouts
- Measuring Jobs Created or Saved
- More from the Standup Economist
- The Pomposity of Positive Thinking
- SNL on Stress Tests
- Negative Interest Rates
- Coming Soon: More Active Antitrust Policy
- Comedian in Chief
- Aplia
- Biggest Threat?
- 10,000,000
- Fear subsides
- No Need to Worry
- The Auto Industry of the Future
- More on Negative Interest Rates
- Melitz to Harvard
- 5/7/09
- Is the White House bullying hedge funds?
- Inflation or Deflation?
- A Reading for the Pigou Club
- An Overview of the Credit Crisis
- Should the U.S. government tax corporate income from overseas?
- Meltzer vs Krugman
- Financial Planning
- Hard to Please
- From the CEA Chair
- Like being an undertaker during a plague...
April 2009
- Veronique de Rugy on France
- The Rule of Law -- Not!
- Chairman John
- Miron on the Financial Crisis
- Reis on Macro
- Goolsbee versus Obama
- Fed staff goes negative
- Instantaneous Deflation as a Macro Solution
- Symposium Announcement
- Voting with Your Feet
- Ranking Departments
- Congratulations, Emmanuel
- On Stock Markets and Roller Coasters
- The Ideal Financial System
- Which economic system is better?
- Buyer Beware
- Indexing wins again
- Great Theater
- Bravo, Mr President!
- More on Negative Interest Rates
- President Obama's Fiscal Policy
- Solow on Posner
- The Gains from Trade
- Fiscal Responsibility
- Observations on Negative Interest Rates
- The New Treasury Plan
- A Quick Quiz
- Going Negative
- Elmendorf in Ec 10
- A Conference for Economics Instructors
- A Letter to the Pigou Club
- Meet the Cassandras
- An Occupational Hazard
- Does a higher drinking age save lives?
- Yale Economists on the Financial Crisis
- Happy (?) Tax Day
- A Lecture from Robert Merton
- An Event at Brandeis
- Hall and Woodward on Fed Policy
- Good Company
- Goodbye, Facebook
- Job Opportunity
- Redefining High School Economics
- Unintended Consequences
- Happy Easter!
- Another Casualty of the Downturn
- Where do economists come from?
- In Praise of Pirates
- Who needs help with health insurance?
- My Whereabouts
- An Exercise in Game Theory
- Siegel on Stock Market Valuation
- What are supply shocks?
- Faith-based Economics
- More on the Treasury Plan
- Harvard Presidency as a Part-time Job
- In other words
- The Four Pillars of Sound Policy
- Macro 7e
- Parsing the G-20
- Picking Winners
- Bernanke's Gamble
- Cowen on Bailouts
- Prehistoric Debate
- "Animal Spirits"
- Hoover did it!
- My Whereabouts
- Guess who?
- Boskin on the Obama Budget
- A Ranking of Blogs
- An Upside of Downturns?
- My Whereabouts
- Advertisement
- Stiglitz on the Geithner Plan
- Newest Members of Team Obama
- My Last Free Post
- Market-based Financial Regulation
March 2009
- Those on college wait lists: Stay cool
- The Mess that is GM
- Haircuts as Tradables
- Majors at Harvard
- The Case for Drug Legalization
- Top Young Economists
- The Youngest Member of the Pigou Club
- Forecasting as Futuristic Fiction
- More Competition
- Menu Costs, Defeated
- History Repeating Itself
- The Demand for Money
- Bhagwati on Card Check
- The Zimbabwe hyperinflation ends
- Sachs on the Geithner-Summers Plan
- What the IMF is up to
- Feldstein on the Charity Tax
- Outraged over AIG Bonuses?
- Toxic Assets versus Toxic Liabilities
- A Pessimistic Forecast
- The Coming Slowdown in Potential Growth
- And I did not even get a citation
- Time to Scramble
- Is the NCAA evil?
- Heckuva Job, Larry
- Teaching amidst a Crisis
- Sumner on Financial Regulation
- The "Just Right" Major
- What's wrong with this comic?
- Interview with Gary Becker
- Budget Deficit as a Percent of GDP
- The Direction of Policy
- Reloading the Weapons of Monetary Policy
- A Primer on Quantitative Easing
- New Editors at BPEA
- This Blog as a Teaching Tool
- Trivial Pursuit
- The Wizard of Oz as a Monetary Allegory
- Jay Leno disses the free market
- Happy St Patrick's Day
- They're baaack!
- Larry Summers: A Hagiography
- Team Obama on the Sanctity of Contracts
- A Welcome Hypocrisy
- Reading the Tea Leaves in the Budget
- Healthcare and Competitiveness
- The Obama Program
- I am terrible at spelling
- Why the Pigou Club prefers chicken
- Sen on Capitalism
- No Free Lunch: A Corollary
- More Competition
- Turning Away the Best and the Brightest
- Putting your money where your blog is--not!
- Did the Fed cause the crisis?
- The Lorax
- From the CEA Chair
- My Career as a Coach
- New Keynesian Multipliers
- SNL on the Banking Crisis
- Soaking the Rich?
- Elmendorf on the Health Care Debate
- A Shout Out, But No One Hears
- The Identification Problem
- How is the President doing?
- Are fiscal multipliers now big or small?
- Spotted at a DC Metro Station
- The Latest Mortgage Plan
- Federal Outlays as a Percentage of GDP
- Another Loss for Economic Freedom
- The Myth of Economic Recovery
- P(Depression)=.2
- Wanna bet some of that Nobel money?
- Happy Square Root Day!
- Team Obama on the Unit Root Hypothesis
- The CEA on Its Forecast
- The Case for Moderation
- CBO on the Stimulus
- Undergrad Econ Popularity Surges
- The Personal Cost of Public Service
- Cartels and the Secret Ballot
- A New Text for Money and Banking
- Somewhere, Milton Friedman is smiling
February 2009
- What is a deficit hawk to do?
- Girl Your Marginal Benefits
- Ten Facts about Kevin Murphy
- A Speech from the CEA Chair
- Rosy Scenario, or the Audacity of Hope?
- Moving the Goal Posts
- Tax Rates of the Rich and Poor
- Which budget deficit?
- Moral Hazard
- Victor Zarnowitz
- POTUS Approval after One Month
- My Favorite Children's Books
- Ricardian Equivalence
- The Formula That Killed Wall Street
- Glaeser on the Mortgage Interest Deduction
- Leonhardt vs Obama
- Who wants to be a professor?
- This Day in History
- Mixed Messages
- The Spending Stimulus Debate
- Epistemological Modesty
- Banking Fixes
- The Paradox of Thrift
- The Cool Rides of the Econ Geeks
- Is macro policy overreacting?
- Advice for Your Personal Finances
- Good Banks inside of Bad Banks
- CEA Internships
- The Fiscal Gap
- The Stimulus versus the Pigou Club
- Buiter's Solution
- Loose Money and Politicized Mortgages
- Banks vs Holding Companies
- "Create or Save"
- Allocating Harvard's Resources
- To Debate or Not
- An Increase in Marginal Tax Rates
- Bebchuk on Pay Caps
- China favors free trade, even if U.S. doesn't
- Nationalization, or Pre-privatization?
- Talking Down the Economy
- A Victory for Populism
- News Flash: Economists Agree
- Uncertainty and the MPC
- Irving Fisher
- Another Casualty of the Crisis
- Labor Market Conditions
- Who bears the burden of downturns?
- The End of Welfare Reform As We Know It
- The Budget Balance
- News for the Pigou Club
- Bad ideas never die
- Deflation Fears Subside
- A Milestone
- Ray Fair on the Stimulus
- The Case for Being Impractical
- Tit for Tat
- Becker and Murphy on Fiscal Stimulus
- The Problem with Shovel-Ready
- Comparing Recessions
- Unions win one
- Advertisement
- The Causes of the Crisis
- Christy Romer on Face the Nation
- Senators against Protectionism
- China, the Dollar, and Trade
- Stimulus for Libertarians
- The Mature Keynesian Perspective II
- Wage Deflation?
- The Japanese Fiscal Experiment
- Out with the Old, In with the New
- My Preferred Fiscal Stimulus
- The Parable of the Broken Window: Update
- Interview with Robert Barro
- The GOP Mortgage Plan: Con and Pro
- Malkiel on "Buy American"
- Why Warren Buffett is Buying Equities
- Feldstein on Fiscal Stimulus
- Lessons from Past Crises
- Hyperinflation in Zimbabwe: Update
- The Problem of Hasty Public Investment
- Rivlin on Stimulus
- White House Talking Points
- Irwin on "Buy American"
- Cole and Ohanian on the New Deal
- Classic Calvin
- Which is worse--the disease or the cure?
- The Social Consequences of Economic Downturns
January 2009
- Summers vs Obama
- Smoot, Hawley, & Pelosi
- Temporary, Targeted, and Timely - Not!
- Cutler to DC
- The Malkiel Portfolio
- Judging Presidents
- Stein and Liebman to DC
- Krugman on Equilibrium Macro
- Amusing, Perhaps Pointless
- Penny Anti Protest: Update
- CBO on Fiscal Policy Lags
- Shiller on Animal Spirits
- The Mature Keynesian Perspective
- Cochrane on Fiscal Stimulus
- Aid Watch
- Listen to me squawk
- CEA Confirmation Hearings
- A Discussion Question
- We're Hot, Not
- Is Joe Biden disingenuous or misinformed?
- Huizinga, Lucas, and Murphy
- Barro on Fiscal Stimulus
- Why Major in Economics?
- Questions for Tim Geithner
- Alesina and Zingales on Fiscal Stimulus
- Time to Switch
- The Long Lags of Fiscal Policy
- Godspeed, President Obama
- Mountford and Uhlig on Fiscal Policy
- A Penny Anti Protest
- Advice for Tim Geithner
- Krugman on Stimulus Skeptics
- Infrastructure Spending as Stimulus
- Economists for Wheelan
- Life Before Ec 10
- Obama rejects the Pigou Club
- Erp
- The Brain Science of Irrational Exuberance
- How to Become a Trillionaire
- More Spending Stimulus Skeptics
- In Praise of Sweatshops
- A Defense of TARP
- Fama on Fiscal Stimulus
- Ted is more relaxed
- Triangles vs Gaps
- A Note of Optimism
- Small-Government Egalitarianism
- Fresh Air
- Unconventional Monetary Policy
- U.S. Government Default?
- More Spending Stimulus Skeptics
- Christy Romer on Fiscal Stimulus
- The Importance of Being Exogenous
- Principle #4: People respond to incentives
- On the Spending Stimulus
- Obama's Multipliers
- Another Member
- Fama on Recapitalizing Banks
- Varian on Stimulus
- My Favorite Textbook (3e)
- A Strange Pigovian Idea in Oregon
- The Disappearing Money Multiplier
- Glaeser on Stimulus
- The Protectionist Threat
- The Progressivity of the Tax System
- Get Ready for a Tough Year
- The Young Stars of Economics