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Mark Thoma
Eugene, Oregon
Professor of Economics, University of Oregon
Recent Activity
Multi-party kleptocracies rather than illiberal democracies - globalinequality U.S. Inflation Remains Low, and That’s a Problem - The New York Times Mobility Report Cards: The Role of Colleges in Intergenerational Mobility - NBER Achieving Statistical Significance with Covariates (Updated) -... Continue reading
Posted yesterday at Economist's View
204
"The latest round of falsehoods about health care, combined with the defamation of the C.B.O., may be gaining some political traction": Health Care Is Still in Danger, by Paul Krugman, NY Times: Will Senate Republicans try to destroy health care... Continue reading
Posted yesterday at Economist's View
18
Some Pundit Meta On Our Twin Crises - Paul Krugman Fake News With Reporting on Disability - Dean Baker The ideology of "the market" - Stumbling and Mumbling The untapped potential of humanitarian economics - VoxEU Is Productivity Growth Becoming... Continue reading
Posted 3 days ago at Economist's View
252
"It’s basically about spite": Health Care in a Time of Sabotage, by Paul Krugman, NY Times: Is Trumpcare finally dead? Even now, it’s hard to be sure, especially given Republican moderates’ long track record of caving in to extremists at... Continue reading
Posted 4 days ago at Economist's View
151
Minimum Wage and Job Loss: Seattle Study Is Not the Last Word - NYTimes The Problem With Trump's Steel Tariffs - Annie Lowrey Buyer beware - American Economic Association In Conversation: Robert Solow - Equitable Growth Asymmetric policies - Stumbling... Continue reading
Posted 5 days ago at Economist's View
196
Catherine Rampell: This ridiculous Republican propaganda is exactly why we need the CBO: Tuesday I wrote about the GOP’s systematic efforts to discredit and disempower any independent voice — media, the Congressional Budget Office, the Office of Government Ethics —... Continue reading
Posted 5 days ago at Economist's View
15
The Healthcare Debacle: The Roles of Ignorance and Evil - Paul Krugman The economics of BBC pay - Stumbling and Mumbling Should Labour triangulate over Brexit? - mainly macro How will households react to the real income squeeze? - Bank... Continue reading
Posted 6 days ago at Economist's View
238
Tim Duy: This Expansion Will End in a Fizzle, Not a Bang: The Fed is growing increasingly concerned that this expansion will end like the last two, with a collapse in asset prices that brings down the economy. That concern... Continue reading
Posted 7 days ago at Economist's View
120
"Will this vileness prevail?": Republicans Leap Into the Awful Known, by Paul Krugman, NY Times: Sometime in the next few days the Congressional Budget Office will release its analysis of the latest version of the Republican health care plan. Senator... Continue reading
Posted Jul 17, 2017 at Economist's View
198
I have a new column: Here’s Why We’re Not Prepared for the Next Recession: When will the next recession hit the economy? Nobody knows for sure, but we can be certain that sooner or later the economy will experience another... Continue reading
Posted Jul 17, 2017 at Economist's View
66
Slow productivity growth may not be the 'new normal' for the US - VoxEU The Pricing Answer to Traffic Congestion - Tim Taylor On BBC bias - Stumbling and Mumbling Why Do Cities Become Unaffordable? - Robert J. Shiller The... Continue reading
Posted Jul 17, 2017 at Economist's View
103
Brad DeLong: How to Think Like an Economist (If, That Is, You Wish to...): I have long had a "thinking like an economist" lecture in the can. But I very rarely give it. It seems to me that it is... Continue reading
Posted Jul 15, 2017 at Economist's View
52
Kenneth Arrow Commemoration - Larry Summers The New Climate Of Treason - Paul Krugman What’s Wrong with the Price-Specie-Flow Mechanism, Part II - David Glasner So Many Critics of Economics Miss What It Gets Right - Noah Smith Incentives, effort,... Continue reading
Posted Jul 15, 2017 at Economist's View
199
"the last act in a long con": The Cruelty and Fraudulence of Mitch McConnell’s Health Bill, by Paul Krugman, NY Times: A few days ago the tweeter in chief demanded that Congress enact “a beautiful new HealthCare bill” before it... Continue reading
Posted Jul 14, 2017 at Economist's View
128
The US Treasury’s missed opportunity - VoxEU Cross-Border Spillovers of Balance Sheet Normalization - Lael Brainard Charter schools do more than teach to the test - Microeconomic Insights Does arbitrage always improve market efficiency? - Microeconomic Insights Children’s well-being, black... Continue reading
Posted Jul 14, 2017 at Economist's View
128
Takers and Fakers - Paul Krugman Table Russia, Focus on Health Care - The New York Times Retracing the history of UK banking - Bank Underground Western Civilization and Presidential Hypocrisy - Larry Summers Endogenous growth and lack of recovery... Continue reading
Posted Jul 13, 2017 at Economist's View
175
From ProMarket: How Market Power Leads to Corporate Political Influence, by Asher Schechter: Neoclassical economic theory assumes that firms have no power to influence the rules of the game. A new paper by Luigi Zingales argues: This is true only... Continue reading
Posted Jul 12, 2017 at Economist's View
86
Simon Wren-Lewis: Why recessions followed by austerity can have a persistent impact: Economics students are taught from an early age that in the short run aggregate demand matters, but in the long run output is determined from the supply side.... Continue reading
Posted Jul 12, 2017 at Economist's View
41
The myth of the German jobs miracle - Matthew Klein How do credit supply shocks affect the real economy? - Mian, Sufi, Verner Cross-Border Spillovers of Balance Sheet Normalization - Lael Brainard Does the Journal System Distort Scientific Research? -... Continue reading
Posted Jul 12, 2017 at Economist's View
141
Why Single-Payer Health Care Saves Money - Robert Frank Formerly True Theories - Paul Krugman Trump Nominates Randal Quarles to Oversee Wall Street Banks - NYTimes The secular rise in personality traits - VoxEU Global value chains shed new light... Continue reading
Posted Jul 11, 2017 at Economist's View
252
There are three good reasons why Republicans, in their quest to fund tax cuts for the wealthy, can't find an alternative to Obamacare that avoids "a huge rise in the number of uninsured": Three Legs Good, No Legs Bad, by... Continue reading
Posted Jul 10, 2017 at Economist's View
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Tim Duy: June Employment Report Recap, by Tim Duy: A generally upbeat June 2017 employment report supports the Fed's case for additional monetary tightening, most likely in the form of balance sheet action in September followed up by a 25bp... Continue reading
Posted Jul 10, 2017 at Economist's View
14
Trump’s behavior is the biggest threat to U.S. national security - Larry Summers When Was The Golden Age Of Conservative Intellectuals? - Paul Krugman The crisis of positive-sum capitalism - Stumbling and Mumbling Ben Bernanke, in Denial? "When Growth is... Continue reading
Posted Jul 10, 2017 at Economist's View
196
"Why is there such an enormous gulf between what economists know and what they say in public?": What Economics Models Really Say A Review of Economics Rules: The Rights and Wrongs of the Dismal Science by Dani Rodrik (Norton, 2015)... Continue reading
Posted Jul 9, 2017 at Economist's View
142
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Walked my daughter Amy down the aisle earlier today. Continue reading
Posted Jul 8, 2017 at Economist's View
30