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Mark Thoma
Eugene, Oregon
Professor of Economics, University of Oregon
Recent Activity
Is Larry Summers a Fan of Nominal GDP Level Targeting? - David Beckworth The Global Cost of the Eurozone’s 2012 Fiscal Coordination Failure - Brad Setser Undergraduate economics teaching moves into 21st century - mainly macro An evidence-based Fed would... Continue reading
Posted yesterday at Economist's View
91
Tim Duy: Fed Would Surprise Markets If It Stays Hawkish, by Tim Duy: The Federal Reserve meeting this week will likely end with unchanged policy rates and the initiation of balance-sheet normalization. Market participants widely expect these outcomes, so they... Continue reading
Posted yesterday at Economist's View
Does Environmental Crime Pay? - ProMarket Fundamental errors in the voting booth - VoxEU Money, Power, and Deer Urine - The New Yorker Another Piece of the Puzzle - Economic Principals Machine Learning Meets Central Banking - No Hesitations Worker-owned... Continue reading
Posted 2 days ago at Economist's View
100
"there is a real chance that Graham-Cassidy ... will ... become law, because not enough people are taking it seriously": Complacency Could Kill Health Care, by Paul Krugman, NY Times: ...last year far too many people were complacent; they assumed... Continue reading
Posted 2 days ago at Economist's View
156
Roger Farmer: Indeterminacy, the Belief Function and Reinventing IS-LM: This is my final post featuring research presented at the conference on Applications of Behavioural Economics and Multiple Equilibrium Models to Macroeconomics Policy Conference held at the Bank of England on... Continue reading
Posted 2 days ago at Economist's View
Fun with Gender Discrimination, Now with More Bad Econometrics… – Jodi Beggs Mass Psychology Supports the Pricey Stock Market - Robert Shiller The midlife low in human beings - VoxEU How I lost my past - Branko Milanovic Central Bank... Continue reading
Posted 3 days ago at Economist's View
163
US Content Requirement in NAFTA Could Hurt Manufacturing - Caroline Freund Consumer Forecast Revisions: Is Information Really so Sticky? - Carola Binder out of the weeds … – macromom UK vs US capitalism - Stumbling and Mumbling Intellectual Property Laws:... Continue reading
Posted 5 days ago at Economist's View
209
Paul Krugman: Politicians, Promises, and Getting Real, by Paul Krugman, NY Times: On Wednesday Donald Trump demanded that Congress move quickly to enact his tax reform plan. But so far he has not, in fact, offered any such plan... Meanwhile,... Continue reading
Posted 5 days ago at Economist's View
139
Tim Duy: Fed May Have Too Much Faith in Inflation Forecasts, by Tim Duy: Despite a low unemployment rate, inflation slowed this year, confounding central bankers who set in motion a tightening cycle on the expectation of firming prices. This... Continue reading
Posted 5 days ago at Economist's View
A shallow pool of safe assets - American Economic Association The Mystery of the Missing Inflation - Nouriel Roubini Health Insurance Coverage in the US - Tim Taylor China Isn’t the Only Reason to Question Free Trade - Noah Smith... Continue reading
Posted 6 days ago at Economist's View
284
Why the US government can’t be downsized - Larry Summers What should we do about climate change? - AEA Re-thinking the capital code - Thomas Piketty Are Ideas Getting Harder to Find? - NBER Fiscal Stimulus and Fiscal Sustainability -... Continue reading
Posted Sep 12, 2017 at Economist's View
254
"Why are U.S. conservatives so willing to disbelieve science and buy into tinfoil-hat conspiracy theories": Conspiracies, Corruption and Climate, by Paul Krugman, NY Times: After the devastation wreaked by Harvey on Houston — devastation that was right in line with... Continue reading
Posted Sep 11, 2017 at Economist's View
34
Roger Farmer: Behavioural New-Keynesian Macroeconomics: This is my penultimate post featuring research presented at the conference on Applications of Behavioural Economics and Multiple Equilibrium Models to Macroeconomics Policy Conference held at the Bank of England on July 3rd and 4th... Continue reading
Posted Sep 11, 2017 at Economist's View
19
The Paranoid Style In Conservative Politics - Paul Krugman Netherlands: The #2 Food Exporter in the World - Tim Taylor Methods for pricing options in the 19th century - VoxEU The myth of surplus peasants and China’s growth - VoxEU... Continue reading
Posted Sep 11, 2017 at Economist's View
87
"Trump and company tell a lot of lies about economics": Dreamers, Liars and Bad Economics, by Paul Krugman, NY Times: Does it matter that Jeff Sessions, the attorney general, tried to justify Donald Trump’s immigration cruelty with junk economics? It’s... Continue reading
Posted Sep 9, 2017 at Economist's View
161
The Gender Gap in Economics - American Economic Association Realism in macroeconomic modeling - Noahpinion Middle East Economic Challenges as Fossil Fuels Decline - Tim Taylor The Most Depressing Instrument Ever, Fox News Edition… – Jodi Beggs Learning from Harvey... Continue reading
Posted Sep 9, 2017 at Economist's View
97
Tim Duy: Fed Round-Up For September 7, 2017, by Tim Duy: Federal Reserve hawks were on the march today, laying the groundwork for an additional rate hike this year despite weak inflation. First off, Cleveland Federal Reserve President Loretta Mester... Continue reading
Posted Sep 7, 2017 at Economist's View
22
A new paradigm for the introductory course in economics - VoxEU "Creeping Consolidation of Power by Big Money Over Think Tanks” - ProMarket Social connectedness: Measurement, determinants, and effects - VoxEU Routinisation, globalisation, and the fall in labour’s share of... Continue reading
Posted Sep 7, 2017 at Economist's View
64
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Tim Duy: The Times They Are A-Changin' , by Tim Duy: The Federal Reserve is now destined to get a dramatic makeover in the next few months. That is assuming that the Trump administration carves some time out of their... Continue reading
Posted Sep 7, 2017 at Economist's View
27
Tim Duy: Can She Do It Again?, by Tim Duy: In the fall of 2015, Federal Reserve Governor Lael Brainard began building the intellectual framework to slow the pace of rate increases. Not soon enough to stop the rate hike... Continue reading
Posted Sep 6, 2017 at Economist's View
43
Supply-Side Amnesia - J. Bradford DeLong The Very Bad Economics of Killing DACA - Paul Krugman Stanley Fischer, Fed’s No. 2 Official, Is Stepping Down - NYTimes How Local Housing Regulations Smother the U.S. Economy - NYTimes What Drives International... Continue reading
Posted Sep 6, 2017 at Economist's View
124
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Tim Duy: Mediocre To Solid Data Flow, But Weak Inflation Still Key, by Tim Duy: The data flow is generally supportive of additional Fed action, surely enough to allow the Fed to move forward with balance sheet action later this... Continue reading
Posted Sep 5, 2017 at Economist's View
46
Roger Farmer: Beliefs, Networks, History and the Housing Premium Puzzle: This is week five of my posts featuring research presented at the conference on Applications of Behavioural Economics and Multiple Equilibrium Models to Macroeconomics Policy Conference held at the Bank... Continue reading
Posted Sep 5, 2017 at Economist's View
Confidence Intervals for Journal Impact Factors - Stochastic Trend The Disconnect between Employment and Inflation - Lael Brainard The Incredible Shrinking Corporate Tax Bill - Justin Fox Cohn had a bad day with facts - Larry Summers How China became... Continue reading
Posted Sep 5, 2017 at Economist's View
114