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Mark Thoma
Eugene, Oregon
Professor of Economics, University of Oregon
Recent Activity
Justin Wolfers: A Family-Friendly Policy That’s Friendliest to Male Professors: The underrepresentation of women among the senior ranks of scholars has led dozens of universities to adopt family-friendly employment policies. But a recent study of economists finds that some of... Continue reading
Posted 12 hours ago at Economist's View
Why Brexit is worse for Europe than Britain - Larry Summers The triumph of the tabloids - mainly macro Britain’s Democratic Failure - Kenneth Rogoff Brexit will reconfigure the UK economy - Martin Wolf Scattered thoughts on Brexit - Jared... Continue reading
Posted 12 hours ago at Economist's View
67
"Worry about Britain": Brexit: The Morning After, by Paul Krugman, NYTimes: Well, that was pretty awesome – and I mean that in the worst way. ... That said, I’m finding myself less horrified by Brexit than one might have expected... Continue reading
Posted 13 hours ago at Economist's View
101
Why do people want less EU immigration? - mainly macro They’re some of the unluckiest places in America - The Washington Post Capitalism Corrupts the Inclusive Market Mechanism - OECD Insights Future of the renminbi: Lessons from the past decades... Continue reading
Posted yesterday at Economist's View
174
Nick Bunker: Making automatic stabilizers more effective for the next U.S. recession: When the next recession hits, policymakers can take steps right then and there to fight the economic downturn. The Federal Reserve can lower interest rates and the legislative... Continue reading
Posted yesterday at Economist's View
30
Republicans sabotage government programs, then complain they don't work: A shameless deception in Paul Ryan’s Obamacare replacement plan, by By Stephen Stromberg: ... Paul Ryan (R-Wis.) released an Obamacare replacement plan on Wednesday that, among other things, complains that the... Continue reading
Posted yesterday at Economist's View
14
Questions for the fed - Brad DeLong Three Remarks on the US Treasury Yield Curve - Olivier Blanchard Lending to Poor People Didn't Cause the Financial Crisis - Barry Ritholtz Hard to Pay for Imports Without Exports (BRICS Trade Contraction)... Continue reading
Posted 2 days ago at Economist's View
164
Dean Baker: Statement on the 2016 Social Security Trustees Report: The 2016 Social Security Trustees Report is little changed from the 2015 Report. It shows a small decrease in the projected 75-year shortfall of 0.02 percentage points. Changes in the... Continue reading
Posted 2 days ago at Economist's View
29
Noah Smith: The Myth of Austerity and Growth: ...Five years ago, it was common to hear claims that too much government borrowing would hurt growth -- an idea known as expansionary austerity. Much of the research cited by the proponents... Continue reading
Posted 2 days ago at Economist's View
23
At MoneyWatch: Why the Fed has a Rate-Setting Problem, by Mark Thoms: Many people think they know how interest rates get set: The Federal Reserve does it. But that's not quite how it works... Continue reading
Posted 2 days ago at Economist's View
118
Global risks of Brexit dwarf likely direct impact - Larry Summers A conservative case for Remain - Stumbling and Mumbling Brexit and the Left - mainly macro Getting Serious About Trumponomics - John Cassidy Do economists understand economies? - Jared... Continue reading
Posted 3 days ago at Economist's View
160
New report from Stephen Rose at the Urban Institute: The Growing Size and Incomes of the Upper Middle Class: ... I found that the upper middle class has grown substantially, from 12.9 percent of the population in 1979 to 29.4... Continue reading
Posted 3 days ago at Economist's View
43
From Penn Law's RegBlog (Not) Prosecuting Financial Crimes, by Brandon L. Garrett: It is sobering that discussions about regulatory capture now include the subject of criminal prosecutions. ... That the public is increasingly demanding greater accountability for corporate crimes is... Continue reading
Posted 3 days ago at Economist's View
41
Tl;dr and Modern Macroeconomics (Wonkish) - Paul Krugman I find myself annoyed with Michael Boskin - Brad DeLong Determining the natural rate of interest - Equitable Growth More on Brexit and the politicisation of truth - mainly macro Vote Remain:... Continue reading
Posted 4 days ago at Economist's View
113
This is from the introduction to an interview of Alan Blinder: Alan Blinder on Over-Regulating Financial Markets: ...Professor Alan Blinder, former Vice Chairman of the Federal Reserve (June 1994 to January 1996), has been studying the financial system for close... Continue reading
Posted 4 days ago at Economist's View
11
The Republican house of ideological cards: A Tale of Two Parties, by Paul Krugman, NY Times: Do you remember what happened when the Berlin Wall fell? Until that moment, nobody realized just how decadent Communism had become. It had tanks,... Continue reading
Posted 4 days ago at Economist's View
67
Whatever happened to the China crisis? - Gavyn Davies A parliament without a parliamentarian - interfluidity Confidence is not a fairy and it is not an illusion - Roger Farmer Combatting External and Internal Regulatory Capture - RegBlog Raghuram Rajan... Continue reading
Posted 4 days ago at Economist's View
92
At VoxEU: Competition policy and inclusive growth, by Fabienne Ilzkovitz and Adriaan Dierx: Firms with greater market power can behave monopolistically, and recent research suggests that declining market competitiveness is driving income inequality. While competition authorities already measure the overall... Continue reading
Posted 6 days ago at Economist's View
13
The New Keynesian model is fairly pliable, and adding bells and whistles can help it to explain most of the data we see, at least after the fact. Does that mean we should be more confident in it its ability... Continue reading
Posted 6 days ago at Economist's View
22
Is Our Economists Learning? - Paul Krugman Power without accountability in our tabloid press - mainly macro The pound and the macroeconomic effects of Brexit - Vox EU Is the BEA is Predicting a Massive Downward Revision in GDP? -... Continue reading
Posted 6 days ago at Economist's View
141
Paul Krugman: A Question For the Fed: There is a near-consensus at the FOMC that rates must eventually move up. But here’s my question: why, exactly? Specifically, which component of aggregate demand do we believe will continue to strengthen in... Continue reading
Posted 6 days ago at Economist's View
19
When Virtue Fails - Paul Krugman Japan’s next VAT rate increase - VoxEU Economic Growth from Technical Advance - Digitopoly Postgrad teaching and Keynesian economics: a survey - mainly macro The St. Louis Fed's Regime-Based Approach - Carola Binder The... Continue reading
Posted 7 days ago at Economist's View
116
Anna Malinovskaya and David Wessel at Brookings: Did negative rates in Europe trigger massive cash hoarding?: For a long time, economists believed that negative interest rates – charging savers to keep money in the bank instead of paying them interest... Continue reading
Posted 7 days ago at Economist's View
20
Should Britain stay in the European Union?: Fear, Loathing and Brexit, by Paul Krugman, NY Times: There are still four and a half months to go before the presidential election. But there’s a vote next week that could matter as... Continue reading
Posted 7 days ago at Economist's View
62