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Mark Thoma
Eugene, Oregon
Professor of Economics, University of Oregon
Recent Activity
What Tech-Worker Shortage? - Noah Smith The Skeptics Guide to Institutions - Growth Economics US government has finally stopped holding back the recovery - FT Alphaville Should we believe the institutions and growth literature? - Chris Blattman Weekly Initial Unemployment... Continue reading
Posted 1 hour ago at Economist's View
[Travel day, so no more until later.] Paul Krugman: Keynes Is Slowly Winning: Back in 2010, I had a revelation about just how bad economic policy was about to get; I read the OECD Economic Outlook, which called not just... Continue reading
Posted yesterday at Economist's View
28
Simon Wren-Lewis: Understanding George Osborne: Yesterday I spoke at the Resolution Foundation’s launch of their analysis of the UK political parties’ fiscal plans post 2015. I believe this analysis shows two things very clearly. First, there is potentially a large... Continue reading
Posted yesterday at Economist's View
12
At MoneyWatch: Some Good News for the Unemployed: There has been considerable discussion of the “hollowing out” of middle class jobs in recent years, a trend that started before the Great Recession. But where do those who have lost their... Continue reading
Posted yesterday at Economist's View
16
The Stimulus Program Was a Smashing Success - Brookings Institution Tax Extenders Package Is Fundamentally Flawed - CBPP Regime Change From Roosevelt to Rousseff - Carola Binder Radical cures for unusual economic ills - Martin Wolf If Output Is Near... Continue reading
Posted yesterday at Economist's View
96
Brad DeLong: Over at Project Syndicate: Economic Growth and the Information Age: Daily Focus: ...America ... has become a vastly more unequal place since 1979... But the past generation has seen a third industrial revolution, a worthy information-age successor to... Continue reading
Posted 2 days ago at Economist's View
29
For those of you interested in Uber, this is from Joshua Gans: Is Uber really in a fight to the death?: In recent days, since their PR troubles, there has been much discussion as to why Uber seems to be... Continue reading
Posted 2 days ago at Economist's View
Miles Corak: How to think about “think” tanks: It is sometimes said that think tanks are good for democracy; indeed the more of them, the better. If there are more ideas in the public arena battling it out for your... Continue reading
Posted 2 days ago at Economist's View
12
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On Twitter, Jared Bernstein says he is "Correcting the record for those who claim that accounting for taxes & transfers changes the inequality story": A deeper dive into the weeds of the CBO household income data: ...between 1979 and 2011,... Continue reading
Posted 2 days ago at Economist's View
Is 0% growth for 90% a successful economic model? - Antonio Fatas A short history of the Canadian one per cent - Stephen Gordon The Unsettling Mystery of Productivity - Alan Blinder Bitcoin: How Likely Is a 51 Percent Attack?... Continue reading
Posted 2 days ago at Economist's View
111
This is from "Julie Hotchkiss, a research economist and senior policy adviser at the Atlanta Fed": And the Winner Is...Full-Time Jobs!: Each month, the U.S. Bureau of Labor Statistics (BLS) surveys about 60,000 households and asks people over the age... Continue reading
Posted 3 days ago at Economist's View
21
Lawrence Summers: Companies on trial: are they ‘too big to jail’?: Disillusionment with government and large institutions is a salient feature of contemporary American life. An important cause is the widespread sense that big companies and those who run them... Continue reading
Posted 3 days ago at Economist's View
21
The era of "rock-bottom economics" is far from over: Rock Bottom Economics, by Paul Krugman, Commentary, NY Times: Six years ago the Federal Reserve hit rock bottom. It had been cutting the federal funds rate ... more or less frantically... Continue reading
Posted 3 days ago at Economist's View
170
The Skeptics Guide to Institutions - Growth Economics When economic models are unable to fit the data - Vox EU Left, Right and Macroeconomic Competence - mainly macro How professionals think - Understanding Society What Big Economies Got Right, or... Continue reading
Posted 3 days ago at Economist's View
69
Since I posted an excerpt from Noah Smith's column, I should also post this response from Frances Woolley: Is economics really a dismal science for women?: Donna Ginther and Shulamit Kahn have just published a paper that tracks thousands of... Continue reading
Posted 4 days ago at Economist's View
Jim Hamilton: Lower oil prices and the U.S. economy: ... The current price of gasoline is 80 cents/gallon below what it has averaged over the last 3 years. Last year Americans consumed 135 billion gallons of gasoline. That means that... Continue reading
Posted 4 days ago at Economist's View
25
Hobson's Choice - Brad DeLong Conspicuous Consumption? Yes, but It’s Not Crazy - NYTimes Reserve Currencies and the Gold Standard - Uneasy Money Nature doesn't truck and barter - EconoSpeak The Wisdom of Peter Schiff - Paul Krugman Continue reading
Posted 4 days ago at Economist's View
119
Fabian Kindermann and Dirk Krueger: High marginal tax rates on the top 1%: Optimal tax rates for the rich are a perennial source of controversy. This column argues that high marginal tax rates on the top 1% of earners can... Continue reading
Posted 5 days ago at Economist's View
51
Remember all those predictions from those with other agendas about runaway inflation (e.g. see Paul Krugman today on The Wisdom of Peter Schiff)?: The Risks to the Inflation Outlook, by Vasco Cúrdia, FRBSF Economic Letter: The Federal Reserve responded to... Continue reading
Posted 5 days ago at Economist's View
33
Patents and the global diffusion of new drugs - Vox EU Keynes's Theories Can Fix the World Economy - Businessweek Inequality and Crises: Scandinavian Skepticism - Paul Krugman Economic inequality and for-profit universities - Bridget Ansel The butterfly defect: How... Continue reading
Posted 5 days ago at Economist's View
64
Noah Smith: ... Why is it that the sciences look like a feminist nirvana compared with the economics profession, which seems to have a built-in bias that prevents women from advancing? ... More here. Continue reading
Posted 6 days ago at Economist's View
20
Alice Rivlin: People Who Wanted Market-Driven Health Care Now Have it in the Affordable Care Act, by Alice M. Rivlin, Brookings: ... The United States ... relied primarily on employer-based health insurance, generously favored by tax laws. ... But there... Continue reading
Posted 6 days ago at Economist's View
42
It's the decent thing to do: Suffer Little Children, by Paul Krugman, Commentary, NY Times: The Tenement Museum, on the Lower East Side, is one of my favorite places in New York City. It’s a Civil War-vintage building that housed... Continue reading
Posted 6 days ago at Economist's View
92
The Skeptics Guide to Institutions - Growth Economics Falling Wages at Factories Squeeze the Middle Class - NYTimes.com Macroprudential policy and distribution of risk - Antonio Fatas A glut-wrenching experience - The Economist GDP must not rule our lives -... Continue reading
Posted 6 days ago at Economist's View
121
Tim Taylor: Encouraging Work: Tax Incentives or Social Support?: Consider two approaches to encouraging those with low skills to be fully engaged in the workplace. The American approach focuses on keeping tax rates low and thus providing a greater financial... Continue reading
Posted 7 days ago at Economist's View
43