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Mark Thoma
Eugene, Oregon
Professor of Economics, University of Oregon
Recent Activity
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Tim Duy: Ahead of the Employment Report, by Tim Duy: A rare Thursday release of the employment report is on tap for tomorrow, and all eyes will be watching to see if it falls in line with the other, more... Continue reading
Posted 10 hours ago at Economist's View
Barry Eichengreen: Path to Grexit tragedy paved by political incompetence: Since our last episode, the crisis in Greece has escalated further. Negotiations between the government and its creditors collapsed over the weekend, and restrictions on bank withdrawals will now follow.... Continue reading
Posted 12 hours ago at Economist's View
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Gara Afonso and João Santos at the NY Fed's Liberty Street Economics blog: What Do Bond Markets Think about “Too-Big-to-Fail” Since Dodd-Frank?: In our previous post, we concluded that, in rating agencies’ views, there is no clear consensus on whether... Continue reading
Posted 12 hours ago at Economist's View
The psychology of saving - Tim Harford Focusing on High-Cost Patients - Tim Taylor U.S. Leaves Markets Out of Fight Against Carbon Emissions - NY Times Monetary Policy in the US and Developing Countries - Stanley Fischer Macroeconomic Effects of... Continue reading
Posted 22 hours ago at Economist's View
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I have a new column: The Problem with Completely Free Markets: The Supreme Court’s decision last week saved Obamacare from the Republican’s latest attempt to get government out of health care. But if Republicans can find another way to attack... Continue reading
Posted yesterday at Economist's View
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The Awesome Gratuitousness of the Greek Crisis - Paul Krugman The "Hangover Theory" of the Crash Fails - Brad DeLong Quantum mental processes? - Understanding Society A Primer on the Greek Crisis - Anil Kashyap Wage Growth Held Steady in... Continue reading
Posted yesterday at Economist's View
243
Tim Duy: Events Continue to Conspire Against the Fed, by Tim Duy: Federal Reserve policymakers just can't catch a break lately. Riding on the back of strong data in the second half of last year, they were positioning themselves to... Continue reading
Posted 2 days ago at Economist's View
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From Time: Joseph Stiglitz to Greece’s Creditors: Abandon Austerity Or Face Global Fallout: ... “They have criminal responsibility,” he says of the so-called troika of financial institutions that bailed out the Greek economy in 2010, namely the International Monetary Fund,... Continue reading
Posted 2 days ago at Economist's View
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Bart Hobijn and Alexander Nussbacher in the SF Fed's Economic Letter: The Stimulative Effect of Redistribution, by Bart Hobijn and Alexander Nussbacher: The idea of taking from the rich and giving to the poor goes back long before the legend... Continue reading
Posted 2 days ago at Economist's View
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Emmanuel Saez: U.S. income inequality persists amid overall growth in 2014, by Emmanuel Saez, WCEG: Income inequality in the United States grew more acute in 2014, yet the bottom 99 percent of income earners registered the best real income growth... Continue reading
Posted 2 days ago at Economist's View
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Just say no: Greece Over the Brink, by Paul Krugman, Commentary, NY Times: It has been obvious for some time that the creation of the euro was a terrible mistake. Europe never had the preconditions for a successful single currency....... Continue reading
Posted 2 days ago at Economist's View
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Greece – the day after: Time for a fresh start? - Vox EU Seigniorage transfers and runs on common currencies - Nick Rowe Grexit: The staggering cost of central bank dependence - Vox EU Was Grexit Invevitable? - David Beckworth... Continue reading
Posted 2 days ago at Economist's View
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Branko Milanovic: Former Finance Minister of Cyprus on the Greek crisis: While on vacations in Greece, I had a chance today (Sunday 28 June) to have a long discussion with Michael Sarris who was Cypriot Minister of Finance between 2005... Continue reading
Posted 3 days ago at Economist's View
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Europe's Moment of Truth - Paul Krugman The Greek Crisis and Referendum - Robert Waldmann In an Uber World, Fortune Favors the Freelancer - Tyler Cowen Why I Support Obamacare - The Bonddad Blog Bank walks and options - Nick... Continue reading
Posted 3 days ago at Economist's View
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Gloomy European Economist Francesco Saraceno: It’s the Politics, Stupid!: I have been silent on Greece, because scores of excellent economists from all sides commented at length... But last week has transformed in certainty what had been a fear since the... Continue reading
Posted 4 days ago at Economist's View
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Legacy - Paul Krugman Ancestry and culture - Vox EU A Dangerous Combination: Bubbles and Debt - Noah Smith Expanding Health Insurance in 2014: How Much Progress? - Tim Taylor Continue reading
Posted 4 days ago at Economist's View
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I want to highlight this article in today's links: Most of America's poor have jobs, study finds, EurekAlert!: The majority of the United States' poor aren't sitting on street corners. They're employed at low-paying jobs, struggling to support themselves and... Continue reading
Posted 5 days ago at Economist's View
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A small part of an interview of Thomas Piketty in the Financial Times: ... Piketty says his interest in inequality crystallised after the collapse of the Berlin Wall and the first Gulf war. He recalls visiting Moscow in 1991 and... Continue reading
Posted 5 days ago at Economist's View
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Health care reform is succeeding: Hooray for Obamacare, by Paul Krugman, Commentary, NY Times: Was I on the edge of my seat, waiting for the Supreme Court decision on Obamacare subsidies? No — I was pacing the room, too nervous... Continue reading
Posted 5 days ago at Economist's View
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Most of America's poor have jobs - EurekAlert! The Court and the Three-Legged Stool - Paul Krugman Inflation Undershoots Fed’s 2% Target for 37th Consecutive Month - WSJ Who’s Speaking Up for the American Worker? - The New York Times... Continue reading
Posted 5 days ago at Economist's View
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Chris Blattman: Dear governments and aid agencies: Please stop hurting poor people with your skills training programs: Here is an incredible number: From 2002 to 2012 the World Bank and its client governments invested $9 billion dollars across 93 skills... Continue reading
Posted 6 days ago at Economist's View
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Paul Krugman: Breaking Greece: I’ve been staying fairly quiet on Greece... But given reports from the negotiations in Brussels, something must be said... This ought to be a negotiation about targets for the primary surplus, and then about debt relief... Continue reading
Posted 6 days ago at Economist's View
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Calculated Risk: Personal Income increased 0.5% in May, Spending increased 0.9%, by Bill McBride: The BEA released the Personal Income and Outlays report for May: Personal income increased $79.0 billion, or 0.5 percent ... in May... Personal consumption expenditures (PCE)... Continue reading
Posted 6 days ago at Economist's View
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Short Term Economic Prospects in Kansas - Econbrowser The Persistence of ACA Denialism - Paul Krugman Forecasting in Unstable Environments - Carola Binder Greece: negotiating without trust - Antonio Fatas Why Don’t the Poor Rise Up? - The New York... Continue reading
Posted 6 days ago at Economist's View
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Tim Taylor: Raisins: When Insiders Set the Rules: Earlier this week, the US Supreme Court in Horne et al. vs. Department of Agriculture overturned an arrangement that had stood since 1937 for the sale of raisins. The case turned on... Continue reading
Posted 7 days ago at Economist's View
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