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Mark Thoma
Eugene, Oregon
Professor of Economics, University of Oregon
Recent Activity
It’s time to address wage theft - Catherine Rampell Ensuring a Fair Day’s Pay - RegBlog Thinking About "Premature Deindustrialization" - Brad DeLong Economics Blogs and Trump - Economists for Hillary Abstraction vs. Radical Specificity – Paul Romer The strange... Continue reading
Posted 58 minutes ago at Economist's View
James Ledbetter: What Does 'Regulatory Capture' Mean to Business and the Economy?: In recent months, the idea of "regulatory capture" ... has been enjoying its star turn. ... Earlier this year, the Government Accountability Office revealed that it had (at... Continue reading
Posted yesterday at Economist's View
Dean Baker: The Case for a Financial Transactions Tax, The Century Foundation: There has been considerable interest in financial transactions taxes (FTTs) in the United States and other wealthy countries in the years since the financial crisis. An FTT can... Continue reading
Posted yesterday at Economist's View
51
A Brief History of (In)equality - J. Bradford DeLong Scarce versus Abundant TP Equilibria - Frances Woolley Never Were Truer Words Said - Econbrowser Asymmetric Information - The Economist 1916 (On Ireland) - Kevin O'Rourke How true? - Stumbling and... Continue reading
Posted yesterday at Economist's View
166
Here's a link to the Fed's statement on its policy decision today: FOMC statement - FRB Policy is unchanged, sees improvements in the economy, says short-term risks have fallen. Continue reading
Posted 2 days ago at Economist's View
24
Tim Duy: July FOMC Preview on Bloomberg: How long can doves at the Federal Reserve stand their ground? The fight within the U.S. central bank continues at this week's Federal Open Market Committee (FOMC) meeting as both hawks and doves... Continue reading
Posted 3 days ago at Economist's View
20
Globalization: Restrained or reshaped - Jared Bernstein Expenditure Shares, Price Measurement, and Labor Productivity - Brad DeLong Trump Says He’s a Great Negotiator, Evidence Says Otherwise - Berkeley Blog The Forecasting Performance of Models for Cointegrated Data - Dave Giles... Continue reading
Posted 3 days ago at Economist's View
259
Noah Smith: Economists Give Up on Milton Friedman's Biggest Idea: One of the core pieces of modern macroeconomic theory, handed down to us by the great Milton Friedman, probably missed the mark. ... The idea is called the permanent income... Continue reading
Posted 3 days ago at Economist's View
42
Jeff Frankel at Econbrowser: Trump Jr.’s Pants-on-Fire Allegation of Manipulated Jobs Numbers: When interviewed about the unemployment numbers, which have fallen steadily since 2010, Donald Trump Jr., replied “These are artificial numbers. These are numbers that are massaged to make... Continue reading
Posted 3 days ago at Economist's View
Paul Krugman: Pax Trumpiana: With everything else going on, it may be hard to stay with the evolving Trump/Putin story. But it’s really crucial. I don’t think Trump is literally an agent of the Kremlin; instead, he’s someone Putin is... Continue reading
Posted 3 days ago at Economist's View
129
I have a new column: Economists, Blogs, and Donald Trump: The reason I have this column can be credited to, or blamed on, George Bush. During the presidential campaigns before the 2004 election, I was very unhappy with the coverage... Continue reading
Posted 3 days ago at Economist's View
33
Professionalism and the Academic Division of Labor – Paul Romer The Environmental Kuznet's Curve in a Nutshell - Stochastic Trend Brainard, Donning a Global Lens, Champions Low Rates at Fed - NYTimes Field-of-study homogamy: Evidence from the EU - VoxEU... Continue reading
Posted 3 days ago at Economist's View
130
Chris Dillow: Brexit: a blow to the low-paid?: The CBI reported today that manufacturers’ business confidence has fallen at its fastest rate since early 2009, causing falls in investment and hiring plans. This corroborates surveys by Deloitte, Markit (pdf), the... Continue reading
Posted 4 days ago at Economist's View
37
Marilyne Tolle at the Bank of England's Bank Underground blog: Central bank digital currency: the end of monetary policy as we know it?: Central banks (CBs) have long issued paper currency. The development of Bitcoin and other private digital currencies... Continue reading
Posted 4 days ago at Economist's View
The phrase "trumped up" comes to mind: Delusions of Chaos, by Paul Krugman, NY Times: Last year there were 352 murders in New York City. This was a bit higher than the number in 2014, but far below the 2245... Continue reading
Posted 4 days ago at Economist's View
114
Two Good Men - Larry Summers Labour market recovery since the Great Recession - VoxEU Fiscal Stimulus, Korean Style - Brad Setser Some Simple Basic Money, for Finance People - Nick Rowe Physician liability and medical innovation - VoxEU Accident... Continue reading
Posted 5 days ago at Economist's View
81
David Warsh: Dani Rodrik and Mr. Trump: David Brooks, of The New York Times, wrote the single best piece I read last week on the Republican convention: “Death of the Party.” Like him, I was riveted by Donald Trump’s acceptance... Continue reading
Posted 5 days ago at Economist's View
40
Agricultural economics as behavioral economics - David Zilberman Is Donald Trump a Racist? - Nicholas Kristof Is Fethullah Gülen behind Turkey's coup? - Dani Rodrik Yes, inequality matters - Stumbling and Mumbling Heckuva Job, Nigel! - Econbrowser Continue reading
Posted 5 days ago at Economist's View
211
Will Fear Strike Out? - Paul Krugman Do think-tanks matter? A UBC professor says 'think again' - EurekAlert Regulatory Capture, Ancient and Modern - ProMarket Can sex triumph over patriarchy? - Frances Woolley East Asia’s (Goods) Trade Surplus - Brad... Continue reading
Posted 6 days ago at Economist's View
182
Branko Milanovic: In defense of equality (without welfare economics): When I taught recently at the Summer School at Groningen University, I began my lecture on the measurement of inequality by distinguishing between the Italian and English schools as they were... Continue reading
Posted 7 days ago at Economist's View
77
Is it more than ignorance?: Donald Trump, the Siberian Candidate, by Paul Krugman, NY Times: If elected, would Donald Trump be Vladimir Putin’s man in the White House? This should be a ludicrous, outrageous question. After all, he must be... Continue reading
Posted 7 days ago at Economist's View
146
Affordable Care Act premiums are lower than you think - Brookings Institution Pointing a Finger at the Fed in the Lehman Disaster - The New York Times NK models and Unemployment as Vacations - Roger E. A. Farmer How secular... Continue reading
Posted 7 days ago at Economist's View
232
Narayana Kocherlakota: Yellen Needs to Make More Speeches: What does the U.S. Federal Reserve think about the repercussions of Britain's vote to leave the European Union? Amazingly, we still don’t really know... Fed officials give a lot of speeches, and... Continue reading
Posted Jul 21, 2016 at Economist's View
57
Mike Konczal and Marshall Steinbaum: New Paper: Demand-Side Business Dynamism, by Mike Konczal and Marshall Steinbaum: We—Marshall Steinbaum, who has recently joined the Roosevelt Institute as a visiting fellow, and Mike Konczal—have a new working paper out titled Declining Entrepreneurship,... Continue reading
Posted Jul 21, 2016 at Economist's View
33
Political Rents and Profits in Regulated Industries - ProMarket Magical Economic Thinking at the G.O.P Convention - John Cassidy Leprechaun Economics and Big Pharma - EconoSpeak Public Higher Ed: State Support Down, Tuition Up - Tim Taylor The Fed is... Continue reading
Posted Jul 21, 2016 at Economist's View
140