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Mark Thoma
Eugene, Oregon
Professor of Economics, University of Oregon
Recent Activity
America’s Dismal Turning Point - Paul Krugman Don’t Fall for Employers’ Whining About a ‘Skills Gap’ - Bloomberg Trump lags behind his predecessors on economic growth - Brookings Monetary policy and inequality: A new channel - VoxEU Nominal Wage Rigidities... Continue reading
Posted 3 days ago at Economist's View
Economics trails the sciences in attracting a diverse student mix - Mary Daly Rethinking Stigler’s Theory of Regulation: Regulatory Capture or Deregulatory Capture? - ProMarket Just Saying Yes to Drug Companies - Paul Krugman On neoliberalism - Stumbling and Mumbling... Continue reading
Posted 4 days ago at Economist's View
What’s Good for Pharma Isn’t Good for America - Paul Krugman Cryptocurrencies’ challenge to central banks - VoxEU We can't ignore climate change - Pyndyck and Stock Finance and the Blockchain: A Primer - Cecchetti & Schoenholtz The “accounting view”... Continue reading
Posted 6 days ago at Economist's View
The Death of Acceleration (Wonkish) - Paul Krugman Fiscal policy remains in the stone age - mainly macro It's a (low inflation) trap! - Antonio Fatas Initial Coin Scams - Nouriel Roubini Let Them Eat Trump Steaks - Paul Krugman... Continue reading
Posted May 11, 2018 at Economist's View
Gnawing Away at Health Care - Paul Krugman May 1968 and inequality - Thomas Piketty The paradox of markups - Growth Economics Tax evasion and inequality - VoxEU The yield curve and the stock market - VoxEU Explaining Germany’s exceptional... Continue reading
Posted May 9, 2018 at Economist's View
Unnatural Economics (Wonkish) - Paul Krugman The Destruction of the Republican Party - J. Bradford DeLong A very simple model of too much city - Nick Rowe How Futures Trading Changed Bitcoin Prices - FRBSF Banking the Masses: 2018 Edition... Continue reading
Posted May 7, 2018 at Economist's View
From the NBER Digest. "Two studies suggest that an increase in employers' monopsony power is associated with lower wages.": Employer Concentration and Stagnant Wages: Stagnant wages and a declining share of labor income in GDP in recent decades have spawned... Continue reading
Posted May 4, 2018 at Economist's View
Free markets require robust social insurance. - The Washington Post "The Very Structure of Capitalism Is Inherently Monopolistic" - ProMarket Is the Great Recession Still Holding Down Wages? (Wonkish) - Paul Krugman Unemployment Falls to 3.9 percent, Wage Growth Remains... Continue reading
Posted May 4, 2018 at Economist's View
How’s That Tax Cut Working Out? - Paul Krugman Gender and collaboration in economic research - VoxEU Economics: Reviled Because It Matters - Tim Taylor Econ Grapples With What Causes Recessions - Noah Smith Investment Boom From Trump’s Tax Cut... Continue reading
Posted May 1, 2018 at Economist's View
Inequality in US Life Expectancy - Tim Taylor Opinion | Trump’s War on the Poor - Paul Krugman Data Workers of the World, Unite! - ProMarket How much does infrastructure boost an economy? - MIT News Macroeconomic Policy Reform the... Continue reading
Posted Apr 27, 2018 at Economist's View
This is by Seppo Honkapohja and Kaushik Mitra (very wonkish): Price Level Targeting with Evolving Credibility, by Seppo Honkapohja and Kaushik Mitra: Abstract We examine global dynamics under learning in a nonlinear New Keynesian model when monetary policy uses price-level... Continue reading
Posted Apr 23, 2018 at Economist's View
Winners and losers from rising American inequality - VoxEU A Tribute to Uwe Reinhardt - Paul Krugman Metrics Monday: Don’t Overcontrol - Marc Bellemare A hostile environment - mainly macro Steel Tariffs and Wages (Painfully Wonkish) - Paul Krugman "What... Continue reading
Posted Apr 23, 2018 at Economist's View
Trump’s Advisors Recognize That His China Tariff Strategy Calls for… What Might You Call It? A “Trans-Pacific Partnership”, Perhaps? - Equitable Growth Equilibrium Selection, Observability and Backward-stable Solutions - Brad DeLong On Equilibrium in Economic Theory - Uneasy Money Scam... Continue reading
Posted Apr 19, 2018 at Economist's View
The Fallacy of the Free Market - James Kwak Trump’s Trade Confusion - Joseph E. Stiglitz Capital in Russia - Thomas Piketty What’s Been Stopping the Left? - Dani Rodrik Opinion | Obamacare’s Very Stable Genius - Paul Krugman Supporting... Continue reading
Posted Apr 10, 2018 at Economist's View
Trade Wars, Stranded Assets, and the Stock Market - Paul Krugman No, “Obamasclerosis” wasnt a real problem for the economy - Larry Summers Will China Really Supplant US Economic Hegemony? - Kenneth Rogoff Consumption data: New frontiers - VoxEU The... Continue reading
Posted Apr 4, 2018 at Economist's View
Will China Really Supplant US Economic Hegemony? - Kenneth Rogoff The Debate on Trade Deficits Is Littered with Misconceptions - Joseph Gagnon Big Business Is Too Big - The New York Times ‘Metrics Monday: Survivorship Bias - Marc F. Bellemare... Continue reading
Posted Apr 2, 2018 at Economist's View
Is It Policy, or Just Reality TV? - Paul Krugman How to Think About Corporate Tax Cuts - Justin Wolfers Misconceptions about Trade Deficits - Tim Taylor “Globalization Has Contributed to Tearing Societies Apart” - Dani Rodrik Congress Considers Going... Continue reading
Posted Mar 30, 2018 at Economist's View
Immaculate Inflation Strikes Again (Wonkish) - Paul Krugman The Phillips Curve and Identification Problems - Everyday Economist Large Scale Econometric Models: Do they Have a Future? - Roger E. A. Farmer A Long-Run Monetary Policy Framework: Framing the Question -... Continue reading
Posted Mar 28, 2018 at Economist's View
Trade and the Cities (Wonkish) - Paul Krugman Tax Cuts and Wages Redux (Slightly Wonkish) - Paul Krugman Chinese income distribution in 2002-3 and 2013 - globalinequality Tariffs as a Method of Promoting LR Free Trade - Everyday Economist Saving... Continue reading
Posted Mar 26, 2018 at Economist's View
Bumbling Into a Trade War - Paul Krugman Globalization: What Did Paul Krugman Miss? - Brad DeLong The Economic Scars of Crises and Recessions - IMF Blog The Trump Boom Is Making It Harder to See the Next Recession -... Continue reading
Posted Mar 23, 2018 at Economist's View
Trump and Trade and Zombies - Paul Krugman The Distribution and Redistribution of US Income - Tim Taylor The Golden Rule - Magic, maths and money What economics and cars can tell us about guns - The Berkeley Blog Big... Continue reading
Posted Mar 20, 2018 at Economist's View
Voters May Be Wising Up - Paul Krugman A new classification of monetary policy frameworks - VoxEU Monetary and Fiscal Federalism, Debt, Canada, and the Eurozone - Nick Rowe Paul Krugman Explains Trade and Tariffs - The New York Times... Continue reading
Posted Mar 17, 2018 at Economist's View
Springtime for Sycophants - Paul Krugman Assessing Trends in Real Shares - Econbrowser The consumer benefits of trade agreements - VoxEU Towards a Union in the Union - Thomas Piketty When Shall We Overcome? - Joseph E. Stiglitz AEA draft... Continue reading
Posted Mar 13, 2018 at Economist's View
Tim Duy: Jobs Report Gives Fed Cover To Retain Gradual Rate Path: The jobs report gives the Fed cover to retain a gradual rate path. To be sure, the rapid pace of job growth will leave them nervous about an... Continue reading
Posted Mar 12, 2018 at Economist's View
Trump’s Trade Gimmickry - Dani Rodrik The three mistakes of centrism - mainly macro Trump’s Negative Protection Racket (Wonkish) - Paul Krugman Graphs for the Most Basic of Business Cycle Macro Analyses - Brad DeLong Inflation? Bring It On. Workers... Continue reading
Posted Mar 11, 2018 at Economist's View