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Mark Thoma
Eugene, Oregon
Professor of Economics, University of Oregon
Recent Activity
How Short-Termism Saps the Economy - Joe Biden Trump’s trade threats are dead serious - VoxEU Supervision and Regulation - Janet Yellen Shadow Banking Bounces Back - Tim Taylor Why was austerity once so popular? - mainly macro Won Appreciates,... Continue reading
Posted yesterday at Economist's View
Paul Krugman: VAT of Deplorables: I’ve been writing about Donald Trump’s claim that Mexico’s value-added tax is an unfair trade policy, which is just really bad economics. ... But it turns out that Trump wasn’t saying ignorant things off the... Continue reading
Posted yesterday at Economist's View
189
Marcus Noland at PIIE: Scoring the Trump Trade Plan: Magical Thinking: Back in the 1970s, Gabriel Garcia Marquez, Isabelle Allende, and other Latin American writers developed a literary style featuring wild juxtapositions and metaphysical leaps that came to be known... Continue reading
Posted yesterday at Economist's View
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Robert Rich, Joseph Tracy, and Ellen Fu at the NY Fed's Liberty Street Economics: U.S. Real Wage Growth: Slowing Down With Age: In Monday’s post, we described the estimation of real wage growth rates for different cohorts of U.S. workers.... Continue reading
Posted yesterday at Economist's View
How Did The Race Get Close? - Paul Krugman Social Security Is Not a Main Driver of Budget Problem - Dean Baker Trump was completely wrong about the Fed last night - Jared Bernstein Back to the '80s, Courtesy of... Continue reading
Posted yesterday at Economist's View
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Paul Krugman: Trump On Trade: For the most part,... the media consensus seems to be that Clinton won. This is a big deal: you know, just know, that they were primed to declare Trump the winner... But he was so... Continue reading
Posted 2 days ago at Economist's View
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Stanley Fischer: Why Study Economics?: I am very pleased to visit today with the students and faculty of the Howard University Economics Department. First, a fact that you know but others may not: The Howard University Economics Department is the... Continue reading
Posted 2 days ago at Economist's View
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The Falsity of False Equivalence - Paul Krugman The Stakes of the Helicopter Money Debate: A Primer - Brad DeLong Why a banking crisis in China seems unavoidable - VoxEU The economic effects of globalisation - Bank Underground Reform land... Continue reading
Posted 3 days ago at Economist's View
151
Robin Bravender at Scientific American (originally at ClimateWire): Trump Picks Top Climate Skeptic to Lead EPA Transition: Donald Trump has selected one of the best-known climate skeptics to lead his U.S. EPA transition team... Myron Ebell, director of the Center... Continue reading
Posted 3 days ago at Economist's View
72
"An attempt to focus on the problems of the real America": Progressive Family Values, by Paul Krugman, NY Times: Here’s what happens every election cycle: pundits demand that politicians offer the country new ideas. Then, if and when a candidate... Continue reading
Posted 3 days ago at Economist's View
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Tim Duy: December Looking Good. But..., by Tim Duy: FOMC doves squeezed out another victory at last week’s meeting. But can they do it again in December? As was widely expected, the Fed held rates steady at the September FOMC... Continue reading
Posted 3 days ago at Economist's View
The global pivot towards fiscal policy - Gavyn Davies Reframing the world - Branko Milanovic Negative interest rate policies: Channels and consequences - VoxEU A Debate Over the Use of Cost-Benefit Analysis - RegBlog Supreme Court Remains Skeptical of the... Continue reading
Posted 3 days ago at Economist's View
188
Donald Trump Pledges to Boost Both Coal and Gas - NYTimes What is so bad about the RBC model? - mainly macro Brookings Productivity Puzzle Panel: VIdeo - Brad DeLong A framework for measuring tasks across occupations - VoxEU The... Continue reading
Posted 4 days ago at Economist's View
178
A colleague, Bruce Blonigen, has a new paper at the Economic Journal: When Industrial Policy Harms Performance: Evidence from the World Steel Industry, by Romesh Vaitilingam RES: The use of industrial policies to support a country’s steel sector has damaging... Continue reading
Posted 5 days ago at Economist's View
69
Rethinking Macroeconomic Theory Before the Next Crisis - INET How Obama has narrowed the income inequality gap - The Washington Post Paul Romer, the “All Models Are False” Dodge - Uneasy Money Is the Digital Economy Much Less Competitive Than... Continue reading
Posted 5 days ago at Economist's View
110
The press needs to tell the truth about lies: The Lying Game, by Paul Krugman, NY Times: Here’s what we can be fairly sure will happen in Monday’s presidential debate: Donald Trump will lie repeatedly and grotesquely, on a variety... Continue reading
Posted 6 days ago at Economist's View
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I have a new column: 4 Reasons Trump’s Economic Policies Would Be a Disaster: Donald Trump’s chances of becoming president are higher than I ever expected them to be, and there is a chance that he will be able to... Continue reading
Posted 6 days ago at Economist's View
26
Letter from an Aspiring Macroeconomist (with response) - Paul Romer Dynamic Analysis, Welfare , and Implications for Tax Reform - Jason Furman Bank of Japan: A Good Strategic Revision but Tactics Still Lag - Joe Gagnon How economic policy drives... Continue reading
Posted 6 days ago at Economist's View
100
Caroline Freund at PIIE: Estate Tax a Key Tool for Fighting US Inequality: This year marks the 100th anniversary of the US estate tax, which affects only the ultra-wealthy. Given the rising focus on American income inequality, the tax should... Continue reading
Posted 7 days ago at Economist's View
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Paul Krugman: The Curious Confidence of Charlatans and Cranks: Brad DeLong tells us about a letter being circulated by economists for Trump — although, as he notes, they don’t dare say that, and describe themselves only as critics of Clinton.... Continue reading
Posted 7 days ago at Economist's View
12
At MoneyWatch, why I think Social Security and Medicare will be in danger of large cuts if Trump is elected: Don't believe Trump’s tax and spending plans: Donald Trump’s new tax plan will increase the national debt between $4.4 trillion... Continue reading
Posted 7 days ago at Economist's View
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Rethinking inflation targets for long ZLB episodes - VoxEU The service sector isn't a drag on productivity growth? - Dietrich Vollrath Hillary Clinton: My Plan for Helping America’s Poor - The New York Times How computer automation affects occupations -... Continue reading
Posted 7 days ago at Economist's View
152
Several Fed presidents wanted a rate hike, but the Board stayed united: Press Release, Release Date: September 21, 2016, For release at 2:00 p.m. EDT: Information received since the Federal Open Market Committee met in July indicates that the labor... Continue reading
Posted Sep 21, 2016 at Economist's View
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Paul Romer: Trouble with Macroeconomics, Update: My new working paper, The Trouble with Macroeconomics, has generated some interesting reactions. Here are a few responses... Continue reading
Posted Sep 21, 2016 at Economist's View
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Ben Bernanke: The latest from the Bank of Japan: The Bank of Japan’s (BOJ) policy announcement today had two main parts. First, the BOJ committed itself to continue expanding the monetary base until the inflation rate “exceeds the price stability... Continue reading
Posted Sep 21, 2016 at Economist's View
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