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Mark Thoma
Eugene, Oregon
Professor of Economics, University of Oregon
Recent Activity
Brad Delong: The Need for a Reformation of Authority and Hierarchy Among Economists in the Public Sphere: I find that I have much more to say (or, rather, largely, republish) relevant to the current debate between Simon Wren-Lewis and Unlearning... Continue reading
Posted 1 hour ago at Economist's View
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Loss Aversion, Trump and the New Opening for Medicare for All - Robert Frank Behind Blue Eyes after the Bill was Killed - Robert Waldmann Is Housing Driving the Rise in Profits? - Dietrich Vollrath Global Productivity Growth: Diminishing Convergence... Continue reading
Posted yesterday at Economist's View
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Larry Summers: Why scrapping NAFTA would be Trump’s big gift to China: I was in Mexico Thursday seeing the Mexican president, foreign minister and finance minister and addressing a convention of bankers. The only subjects anyone is interested is the... Continue reading
Posted 2 days ago at Economist's View
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Douglas Campbell: The Saga of Currency Unions and Trade: One of the first full papers I wrote was on currency unions and trade. I was taking Alan Taylor's field course at UC Davis, which was essentially and Open-Economy Macro History... Continue reading
Posted 2 days ago at Economist's View
"The destructive effects of false symmetry in reporting": The Scammers, the Scammed and America’s Fate, by Paul Krugman, NY Times: ...Mr. Ryan’s proposed Obamacare replacement ... is one of the worst bills ever presented to Congress. It would deprive tens... Continue reading
Posted 2 days ago at Economist's View
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When Britain turned inward - VoxEU Evidence That Regulators Value Profits Over Consumer Welfare - ProMarket Can market based regulation reduce greenhouse gas emissions? - Micro Insights What kind of fiscal policy works best at the ZLB? - Equitable Growth... Continue reading
Posted 2 days ago at Economist's View
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From Adrian Penalver at the Bank of France's Eco Notepad: [More at The natural rate of interest: estimates for the euro area.] Continue reading
Posted 3 days ago at Economist's View
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A follow-up to "Inequality and the Lake Wobegon Effect": Compensation Benchmarking, Leapfrogs, and the Surge in Executive Pay, by Thomas A. DiPrete; Gregory M. Eirich; Matthew Pittinsky, American Journal of Sociology: Abstract: Scholars frequently argue whether the sharp rise in... Continue reading
Posted 3 days ago at Economist's View
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Are There Benefits from Free Trade? - Brad DeLong Review for "Nature" of "A Culture of Growth", by Joel Mokyr - Brad DeLong What Does President Donald Trump Mean for the US Economy? - Brad DeLong Why Medicaid Work Requirements... Continue reading
Posted 3 days ago at Economist's View
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Tim Duy: Is Bank Lending A Concern?, by Tim Duy: I have seen some angst recently over declining growth in commercial bank lending. See, for example, the Wall Street Journal: Bank loans across all categories are increasing 4.6% annually, the... Continue reading
Posted 4 days ago at Economist's View
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Caterina Lepore, Caspar Siegert, and Quynh-Anh Vo at Bank Underground: What can Nobel-winning contract theory teach us about regulating banks?: The 2016 Nobel Prize in economics has been awarded to Professors Oliver Hart and Bengt Holmström for their contributions to... Continue reading
Posted 4 days ago at Economist's View
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From an interview of F. M. Scherer (Professor Emeritus in the John F. Kennedy School of Government at Harvard, and former chief economist at the Federal Trade Commission) at ProMarket: “Our Efforts to Deal With Tech Firms’ Market Dominance in... Continue reading
Posted 4 days ago at Economist's View
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An interview with William A. Darity Jr. - Equitable Growth Some things are best left to the technocrats - Tim Harford A Growth Rate Greater Than 2 Percent Is Implausibe - Jason Furman How to Give a Cool Appraisal to... Continue reading
Posted 4 days ago at Economist's View
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In case you were wondering (any your probably weren't), from Kevin Drum: Well, This Was the World's Easiest Chart to Make: CBPP has calculated how much tax money you'll save if Obamacare is repealed. Behold: You know what really gets... Continue reading
Posted 5 days ago at Economist's View
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Patrick Kiger at National Geographic: How Money Made Us Modern: About 9,500 years ago in the Mesopotamian region of Sumer, ancient accountants kept track of farmers’ crops and livestock by stacking small pieces of baked clay, almost like the tokens... Continue reading
Posted 5 days ago at Economist's View
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Douglas Campbell: Robots and Inequality: A Skeptic's Take: Paul Krugman presents "Robot Geometry" based on Ryan Avent's "Productivity Paradox". It's more-or-less the skill-biased technological change hypothesis, repackaged. Technology makes workers more productive, which reduces demand for workers, as their effective... Continue reading
Posted 6 days ago at Economist's View
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Robot Geometry (Very Wonkish) - Paul Krugman Market Power Probably Contributes to Inequality - ProMarket 1965: The Year the Fed and LBJ Clashed - FRBRichmond Is the Internet Causing Political Polarization? - NBER The Mechanical Turn in Economics and Its... Continue reading
Posted 6 days ago at Economist's View
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One of the most rewarding parts of deciding to go online 12 years ago has little to do with the things I post here (the blog’s 12 year anniversary passed earlier this month, but I forgot until a day or... Continue reading
Posted 6 days ago at Economist's View
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From an interview of Jonathn Parker (the Robert C. Merton Professor of Finance at the Massachusetts Institute of Technology's Sloan School of Management) by the Richmond Fed: ...EF: In the paper, you consider some evolutionary arguments related to optimal expectations.... Continue reading
Posted 6 days ago at Economist's View
Jonathan B. Baker at Equitable Growth: Overview The U.S. economy has a “market power” problem, notwithstanding our strong and extensive antitrust institutions. The surprising conjunction of the exercise of market power with well-established antitrust norms, precedents, and enforcement institutions is... Continue reading
Posted 6 days ago at Economist's View
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"...inability to engage in reflection and self-criticism is the mark of a tiny, shriveled soul...": America’s Epidemic of Infallibility, by Paul Krugman, NY Times: ...American politics — at least on one side of the aisle — is suffering from an... Continue reading
Posted 6 days ago at Economist's View
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"There Is Convincing Evidence That Concentration Has Been Rising" - ProMarket Competition from China reduced innovation in the US - Autor, Dorn, Pisano, Shu U.S. Has Worst Wealth Inequality of Any Rich Nation - Kenneth Thomas Three ways the economic... Continue reading
Posted 6 days ago at Economist's View
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Steven Durlauf (Willam F. Vilas Research Professor and Kenneth J. Arrow Professor of Economics at UW-Madison): Why I Take Attacks on Muslims and Hispanics Very Personally: My paternal grandmother Sophia Ruderman Durlauf, was born in Dniepropetrovsk (then Ekaterinislav) Ukraine (then... Continue reading
Posted 7 days ago at Economist's View
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What if Sociologists Had as Much Influence as Economists? - NYTimes How globalisation affected manufacturing around the world - VoxEU Macro Musings Podcast: Jason Furman - David Beckworth Africa's Cities: The Low Development Trap - Tim Taylor Mechanisms according to... Continue reading
Posted Mar 18, 2017 at Economist's View
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From the FRBSF: FRBSF FedViews: Fernanda Nechio, research advisor at the Federal Reserve Bank of San Francisco, stated her views on the current economy and the outlook as of March 9, 2017. Real GDP grew at an annual pace of... Continue reading
Posted Mar 17, 2017 at Economist's View
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