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
The Economic Journal was among the first journals to come into existence. This is the first article of the 125th anniversary issue. The remaining articles are from notable economists (e.g. Stiglitz, Heckman, and many more) discussing seminal work that appeared... Continue reading
Posted 11 hours ago at Economist's View
What’s Wrong with the Economy—and with Economics? - NYRB Thomas Piketty, Paul Krugman and Joseph Stiglitz - Genius of Economics Reading the Federal Reserve's Dot Plots - Brad DeLong Austerity, Big and Small - Paul krugman Oil sands outlook -... Continue reading
Posted 14 hours ago at Economist's View
142
Why doesn't the public know how successful Obamacare has been?: Imaginary Health Care Horrors, by Paul Krugman, Commentary, NY Times: ...Representative Pete Sessions of Texas, the chairman of the House Rules Committee, recently ... declared the cost of Obamacare “unconscionable.”... Continue reading
Posted 14 hours ago at Economist's View
27
I am here today: Royal Economic Society Conference 2015 University of Manchester, United Kingdom March 30, 2015 09:00 to 11:00 Registration and Coffee/Tea, University Place Foyer 11:00 to 12:30 Special Sessions A 12:30 to 13:30 Buffet Lunch, Eats Restaurant 13:30... Continue reading
Posted 14 hours ago at Economist's View
Rajiv Sethi: A Separating Equilibrium in Indiana: In the wake of Indiana's passage of the Religious Freedom and Restoration Act, the following stickers have started appearing on storefronts across the state: These signs allow business owners to signal their disapproval... Continue reading
Posted yesterday at Economist's View
16
The myth of Europe’s Little Ice Age - Vox EU When Your Occupation Is Poverty - Mike Cassidy Employment and the Minimum Wage - Econbrowser Politicians or Technocrats: Who Splits the Cake? - Carola Binder Unreal Keynesians - Paul Krugman... Continue reading
Posted yesterday at Economist's View
122
Paul Krugman: Unreal Keynesians: Brad DeLong points me to Lars Syll declaring that I am not a “real Keynesian”, because I use equilibrium models and don’t emphasize the instability of expectations. ... I don’t care whether Hicksian IS-LM is Keynesian... Continue reading
Posted 2 days ago at Economist's View
80
Hidden Healthcare Horrors - Paul Krugman John Maynard Keynes on the Trade Cycle - Brad DeLong How long commutes worsen inequality - Mark Thoma Deflation: the modern policy bogeyman - Gillian Tett Normalizing Monetary Policy: Prospects and Perspectives - Janet... Continue reading
Posted 2 days ago at Economist's View
189
Robert Shiller: How Idealism, Expressed in Concrete Steps, Can Fight Climate Change: Idealism combined with an intriguing application of economic theory may accomplish what international conferences have not: solve the seemingly intractable problem of global warming. Despite periodic flurries of... Continue reading
Posted 3 days ago at Economist's View
55
Image
Microfoundations from Acemogl, Oxdaglar, and Tahbaz-salehi: Microeconomic origins of macroeconomic tail risks, by Daron Acemoglu, Asuman Ozdaglar, and Alireza Tahbaz-Salehi: Understanding large economic downturns is one of macroeconomics’ central goals. This column argues that imbalances in input-output linkages can interact... Continue reading
Posted 3 days ago at Economist's View
12
Conservatives have GNDS (good news derangement syndrome): Mornings in Blue America, by Paul Krugman, Commentary, NY Times: ...remember how Obamacare was supposed to be a gigantic job killer? Well, in the first year of the Affordable Care Act..., the U.S.... Continue reading
Posted 3 days ago at Economist's View
84
Antarctic ice shelves rapidly thinning - EurekAlert! As the G.O.P. Promises to Address Inequality, Follow the Money - John Cassidy International Migration: the Last Frontier of Globalization - Dallas Fed Monetary policy in New Keynesian models is Gesellianc - Nick... Continue reading
Posted 3 days ago at Economist's View
132
Very long travel day today, so just a few quick posts before heading to the airport. Will post more as I can. Continue reading
Posted 4 days ago at Economist's View
I've made this point several times myself, i.e. that social insurance can promote entrepreneurship, but it's worth making again: Welfare Makes America More Entrepreneurial: ... Pundits and researchers often note the negative correlation between government spending and entrepreneurship, both within... Continue reading
Posted 4 days ago at Economist's View
31
Why do developing countries pursue destabilizing, procyclical fiscal policy? This is from Guillermo Vuletin and Leopoldo Avellan at Brookings: Fiscal policy procyclicality and output forecast errors: Bad luck or bad decisions?: It is well-known that government spending has historically been... Continue reading
Posted 4 days ago at Economist's View
Gloomy European Economist, Francesco Saraceno: The Confidence Witch: ...The confidence fairy seems to have turned into a confidence witch. One more victim of the crisis. But this one will not be missed. It is not shameful to change opinion. Rather... Continue reading
Posted 4 days ago at Economist's View
12
The Confidence Witch - Gloomy European Economist On the Stupidity of Anti-Monetarist Economics - Brad DeLong Choosing the Right Policy in Real Time - Liberty Street Economics Correlating Social Mobility and Economic Outcomes - Vox EU The Rise of Mortgages:... Continue reading
Posted 4 days ago at Economist's View
81
Larry Ball tells the Fed to be very patient when it comes to satisfying its mandate to pursue full employment: Fed Should Push Unemployment Well Below 5%, Paper Says: The Federal Reserve should hold short-term interest rates near zero long... Continue reading
Posted 5 days ago at Economist's View
85
Audit the Fed?: The "Audit" the Fed Crowd, by David Andolfatto: Alex Pollock says that It's High Time to "Audit" the Federal Reserve. ...just the other day, Senator Rand Paul, a leader in "Audit-the-Fed" movement (a significant step down from... Continue reading
Posted 5 days ago at Economist's View
38
Paul Krugman continues the discussion on the use of the Keynesian model: Anti-Keynesian Delusions: I forgot to congratulate Mark Thoma on his tenth blogoversary, so let me do that now. ... Today Mark includes a link to one of his... Continue reading
Posted 5 days ago at Economist's View
55
Economics has an Africa problem? - Chris Blattman Liberals, Conservatives, and Jobs - Paul Krugman House Budget Committee Plan Cuts Pell Grants - CBPP Debunking the Myth of the Job-Stealing Immigrant - NYTimes.com A Rant Against the Use of the... Continue reading
Posted 5 days ago at Economist's View
159
Brad DeLong: The Assumptions Behind the Federal Reserve’s Choice of 2% per Year Were Erroneous: Focus: ...The decision by the Federal Reserve in the mid-1990s to settle on a 2% per year target inflation rate depended on three facts — or, rather,... Continue reading
Posted 6 days ago at Economist's View
26
David Hayes and James Stock: The Real Cost of Coal, NY Times: Congress long ago established a basic principle governing the extraction of coal from public lands by private companies: American taxpayers should be paid fair value for it. They... Continue reading
Posted 6 days ago at Economist's View
15
I have a new column: Macro Wars: The Attack of the Anti-Keynesians, by Mark Thoma: The ongoing war between the Keynesians and the anti-Keynesians appears to be heating up again. The catalyst for this round of fighting is The Keynesian... Continue reading
Posted 6 days ago at Economist's View
70
Mortgaging the Future? - FRBSF The "Audit" the Fed Crowd - MacroMania Internet Media and the Fall of GigaOm - Brad DeLong Charlatans, Cranks, and Cooling - Paul Krugman Raise Fed Rates Now? - Gloomy European Economist A Simple Guide... Continue reading
Posted 6 days ago at Economist's View
209