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Mark Thoma
Eugene, Oregon
Professor of Economics, University of Oregon
Recent Activity
Taxing high incomes – a special session discussing recent research on top tax rates in the UK, France and Denmark, and their effects on tax revenues, tax avoidance, labour supply and inequality Slides for this lecture are available here: http://www.fsmevents.com/res/2015/session11 Continue reading
Posted 10 hours ago at Economist's View
How the world has surprised Brad DeLong: Four Ways in Which the World Has Surprised Me Over the Past Decade with Its Economics: A good day yesterday at the University of California center in Sacramento... I started out saying: I... Continue reading
Posted 10 hours ago at Economist's View
80
This is the first part of an interview of Claudia Goldin by the Richmond Fed (later she also talks about her work on education and inequality, among other things): Econ Focus: Much of your work has focused on the history... Continue reading
Posted 10 hours ago at Economist's View
Hypocritical Sloth - Paul Krugman It’s not nice to fool your colleagues - Paul Romer Federal Reserve ?????????? - Brad DeLong The Outlook for the Economy - Janet Yellen Does David Stockman Want Women Barefoot and Pregnant? - EconoSpeak What... Continue reading
Posted 11 hours ago at Economist's View
65
The Obama administration is risking its credibility over the trade deal: Trade and Trust, by Pau Krugman, Commentary, NY Times: One of the Obama administration’s underrated virtues is its intellectual honesty. Yes, Republicans see deception and sinister ulterior motives everywhere,... Continue reading
Posted yesterday at Economist's View
106
Tariffs Versus Currencies - Paul Krugman Musings on Macroeconomic Policy and "The Right" - Brad DeLong Why the US economy can’t shake Great Recession - Daniel Alpert What would it take to limit climate change to 1.5°C? - EurekAlert! Initial... Continue reading
Posted yesterday at Economist's View
150
Another interview, this one with Sir Professor Charles Bean, former Deputy Governor at the Bank of England and past President of the Royal Economic Society. I thought this one went well. Continue reading
Posted 3 days ago at Economist's View
This, from Paul Krugman, is sort of a setup for the post below this one: Conservatives and Keynes: ...the debate over business-cycle economics has always been a left-right thing. Specifically, the right has always been deeply hostile to the notion... Continue reading
Posted 3 days ago at Economist's View
126
Steve Pincus at the New York Review of Books: 1776: The Revolt Against Austerity: Was the Declaration of Independence a powerful indictment of British austerity policies? Does America’s founding document need to be seen as part of an economic debate... Continue reading
Posted 3 days ago at Economist's View
20
How to better teach econometrics - Vox EU I'm With Stupid - Paul Krugman John Stuart Mill's Birthday: Conformity and Individualism - Tim Taylor Sovereign rating changes: Understanding the asymmetries - Vox EU What's Wrong With 'Mathiness' in Economics? -... Continue reading
Posted 3 days ago at Economist's View
101
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Before heading to one of my least favorite places, the dentist, here's one from the Liberty Street Economics Blog at the NY Fed: Why Are Interest Rates So Low?, by Marco Del Negro, Marc Giannoni, Matthew Cocci, Sara Shahanaghi, and... Continue reading
Posted 3 days ago at Economist's View
35
From the blog Three-Toed Sloth by Cosma Shalizi (this also appeared in yesterday's links): Any P-Value Distinguishable from Zero is Insufficiently Informative: After ten years of teaching statistics, I feel pretty confident in saying that one of the hardest points... Continue reading
Posted 3 days ago at Economist's View
Chris Dillow: "Consistent with": ...Peter Dorman criticizes economists' habit of declaring a theory successful merely because it is "consistent with" the evidence. His point deserves emphasis. ... This is a point which some defenders of inequality miss. Of course, you... Continue reading
Posted 3 days ago at Economist's View
The Mis-selling of TPP - Paul Krugman Physics versus Math - Paul Romer Austerian empirical macro wars - longandvariable Secular stagnation: History of a heresy - Vox EU Not changing minds on TPP - Crooked Timber The trouble with macro... Continue reading
Posted 4 days ago at Economist's View
164
Alan Krueger kicks off a debate on the relationship between inequality and mobility: The great utility of the Great Gatsby Curve: Every so often an academic finding gets into the political bloodstream. A leading example is "The Great Gatsby Curve,"... Continue reading
Posted 4 days ago at Economist's View
19
John Quiggin: The most misleading definition in economics (draft excerpt from Economics in Two Lessons), by John Quiggin: After a couple of preliminary posts, here goes with my first draft excerpt from my planned book on Economics in Two Lessons.... Continue reading
Posted 4 days ago at Economist's View
47
I have a new column: Restoring the Public’s Trust in Economists: The belief that economics has become politicized is a big reason the general public has lost faith in the ability of economists to give advice on important policy questions.... Continue reading
Posted 4 days ago at Economist's View
55
Misperceiving Inequality - NBER Dunning-Kruger Economics - Paul Krugman Protecting the Norms of Science in Economics - Paul Romer The Revolt of Small Business Republicans - Robert Reich Sales Flexing Muscle at More Firms - macroblog Globalisation and the gender... Continue reading
Posted 4 days ago at Economist's View
161
"The Iraq war wasn’t an innocent mistake": Errors and Lies, by Paul Krugman, Commentary, NY Times: Surprise! It turns out that there’s something to be said for having the brother of a failed president make his own run for the... Continue reading
Posted 5 days ago at Economist's View
47
I've received several emails saying comments are disabled. Not sure what's up...trying to fix the problem. Update: All comments are going to spam (even my own). I am releasing them (and will continue to do so periodically until this is... Continue reading
Posted 5 days ago at Economist's View
Efficiency matters! It can make the economy better off. Understanding efficiency in manufacturing and retail markets can help guide policy, according to prize-winning research by Daniel Muller and Fabian Herweg in The Economic Journal. See the summary here: http://www.res.org.uk/details/mediabr... The... Continue reading
Posted 5 days ago at Economist's View
Trade and Trust - Paul Krugman Secular Stagnation! Summers is Right - Roger Farmer Money, Inflation, and Models - Paul Krugman China gets serious about reflation - Gavyn Davies Consuming wealth without spending a dime - Frances Woolley The Tardy... Continue reading
Posted 5 days ago at Economist's View
133
Simon Wren-Lewis: Blaming Keynes: A few people have asked me to respond to this FT piece from Niall Ferguson. I was reluctant to, because it is really just a bit of triumphalist Tory tosh. That such things get published in... Continue reading
Posted 6 days ago at Economist's View
17
Paul Romer continues his assault on "mathiness": Ed Prescott is No Robert Solow, No Gary Becker: In his comment on my Mathiness paper, Noah Smith asks for more evidence that the theory in the McGrattan-Prescott paper that I cite is... Continue reading
Posted 6 days ago at Economist's View