This is Mark Thoma's Typepad Profile.
Join Typepad and start following Mark Thoma's activity
Join Now!
Already a member? Sign In
Mark Thoma
Eugene, Oregon
Professor of Economics, University of Oregon
Recent Activity
Image
Tim Duy: Patient' is History: The February employment report almost certainly means the Fed will no longer describe its policy intentions as "patient" at the conclusion of the March FOMC meeting. And it also keep a June rate hike in... Continue reading
Posted 11 minutes ago at Economist's View
Research on networks could be very helpful in determining when financial systems are under the type of stress that could lead to a major collapse: Connections in the modern world: Network-based insights, by Matthew O. Jackson, Brian Rogers, and Yves... Continue reading
Posted 1 hour ago at Economist's View
At MoneyWatch: How inequality harms health -- and the economy: One of the hottest topics around lately concerns the widespread effects of inequality. For example, evidence suggests that when inequality is very large, it can lower economic growth. But there's... Continue reading
Posted 1 hour ago at Economist's View
Why are Republicans in the grips of "Big Pizza"?: Pepperoni Turns Partisan, by Paul Krugman, Commentary, NY Times: If you want to know what a political party really stands for, follow the money. ... Major donors ... generally have a... Continue reading
Posted 2 hours ago at Economist's View
11
Dean Baker on the employment report (subtitle: The strongest wage growth is showing up in the lowest-paying sectors): Job Growth Remains Strong in February (CC): The labor market had another strong month in February, with employers adding 295,000 in the... Continue reading
Posted 2 hours ago at Economist's View
14
Why the Federal Reserve Bank Needs Defending - John Cassidy Is China changing its exchange rate policy? - Gavyn Davies Deflation, inflation, oil prices and asymmetries - mainly macro Austerity and recovery: East Asian lessons for Europe - Vox EU... Continue reading
Posted yesterday at Economist's View
89
Noah Smith: Economists' Biggest Failure: One of the biggest things that economists get grief about is their failure to predict big events like recessions. ... Pointing this out usually leads to the eternal (and eternally fun) debate over whether economics... Continue reading
Posted yesterday at Economist's View
33
I wasn't aware of this, apparently for good reason: Washington Strips New York Fed’s Power, by Jon Hilsenrath, WSJ: The Federal Reserve Bank of New York, once the most feared banking regulator on Wall Street, has lost power... The Fed’s... Continue reading
Posted yesterday at Economist's View
29
Today is the ten-year anniversary for this blog. Ten years! It hardly seems like that long. When I started, I didn't expect much. So far as I can recall, I haven't missed a single day in all that time. Sometimes... Continue reading
Posted yesterday at Economist's View
54
Fiscal policy, correlations and causation - mainly macro In Eye of Economic Storm, the Fed Blinked - NYTimes.com Rebalancing our Inequality Intellectual Portfolio - Rortybomb Spending Outside Social Security and Medicare Is Projected to Fall - CBPP Low-Income Programs Not... Continue reading
Posted yesterday at Economist's View
127
Paul Ryan says "I do not like cap and trade because I think the costs far outweigh the benefits." John Whitehead (who provides the Ryan quotes) responds: Rep. Paul Ryan is getting the economics wrong on cap and trade and... Continue reading
Posted 2 days ago at Economist's View
63
Bad news for those who propose education as the solution to inequality: How Higher Education Perpetuates Intergenerational Inequality, by Tim Taylor: Part of the mythology of US higher education is that it offers a meritocracy, along with a lot of... Continue reading
Posted 2 days ago at Economist's View
28
Friederike Niepmann and Tim Schmidt-Eisenlohr of the NY Fed's Liberty Street Economics blog: No Guarantees, No Trade!: World trade fell 20 percent relative to world GDP in 2008 and 2009. Since then, there has been much debate about the role... Continue reading
Posted 2 days ago at Economist's View
How Negative Can Rates Go? - Paul Krugman To Fight Inequality, Tax Land - Bloomberg View Impossible choices, & markets - Stumbling and Mumbling Recessions and the making of career criminals - Vox EU The Fed Is Weird. Get Over... Continue reading
Posted 2 days ago at Economist's View
192
Joshua Gans: Can competition fix net non-neutrality?: Short answer: it isn’t obvious that it can. Let me back up a second and explain why I am revisiting this issue again. Tim Harford published an article a few days ago that... Continue reading
Posted 3 days ago at Economist's View
26
Nick Bunker at the WCEG: The unfulfilled promise of tax credits as economic policy: The relative paucity of the modern welfare state in the United States is a well-known fact among researchers. Compared to rich countries in Europe, the United... Continue reading
Posted 3 days ago at Economist's View
Image
Tim Duy: Does The Fed Have a Currency Problem?, by Tim Duy: The PCE inflation data was released today, and I have been seeing commentary on the relative strength of the core-inflation numbers. This, for example, from the Wall Street... Continue reading
Posted 3 days ago at Economist's View
66
Bernanke Says Fed Already Follows Policy Rule - WSJ Missing the anti-inflation central bankers - Antonio Fatas Growth Rates, Interest Rates and the LR Budget Outlook — CBPP Larry Kudlow and the Failure of the Chicago School - Paul Krugman... Continue reading
Posted 3 days ago at Economist's View
162
Lane Kenworthy: Is income inequality harmful?, The Good Society, March 2015: A generation ago, perhaps even just a few years ago, worry about high or rising income inequality stemmed mainly from a belief that it is unfair. In recent years... Continue reading
Posted 4 days ago at Economist's View
50
How the pie is sliced depends upon more than economic forces: Walmart’s Visible Hand, by Paul Krugman, Commentary, NY Times: A few days ago Walmart, America’s largest employer, announced that it will raise wages for half a million workers. For... Continue reading
Posted 4 days ago at Economist's View
51
Tim Duy: Game On, by Tim Duy: Almost too much Fed news last week to cover in one post. The highlight of the week was Federal Reserve Chair Janet Yellen's testimony to the Senate and House. On net, I think... Continue reading
Posted 4 days ago at Economist's View
29
The Strange Urge to Raise Rates - Paul Krugman Reasons to worry about US equities - Gavyn Davies Eurozone fiscal policy - still not getting it - mainly macro Japan is not a collectivist society - Noahpinion Understanding Scott Walker... Continue reading
Posted 4 days ago at Economist's View
151
Greg Mankiw: A Slippery New Rule for Gauging Fiscal Policy: the case for dynamic over static scoring is strong in theory. Yet three problems make the task difficult in practice. First, any attempt to estimate the impact of a policy... Continue reading
Posted 5 days ago at Economist's View
Jim Hamilton: What is the new normal for the real interest rate?: The yield on a 10-year Treasury inflation protected security was negative through much of 2012 and 2013, and remains today below 0.25%. Have we entered a new era... Continue reading
Posted 5 days ago at Economist's View
54
I Do Not Understand Martin Feldstein - Brad DeLong Lucas Critique upside down - Robert Waldmann Empire of the Institute - Paul Krugman What failure of macroeconomics? - Stumbling and Mumbling A Slippery New Rule for Gauging Fiscal Policy -... Continue reading
Posted 5 days ago at Economist's View
103