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Mark Thoma
Eugene, Oregon
Professor of Economics, University of Oregon
Recent Activity
Notes on Excessive Wealth Disorder - Paul Krugman In a couple of days I’m going to be participating in an Economic Policy Institute conference on “excessive wealth disorder” — the problems and dangers created by extreme concentration of income and... Continue reading
Posted 2 days ago at Economist's View
The Decline of American Journalism Is an Antitrust Problem - ProMarket Weak antitrust enforcement set the stage for Facebook and Google to extract the fruits of publishers’ labor. We won’t be able to save journalism and solve our disinformation problem... Continue reading
Posted Jun 17, 2019 at Economist's View
Is Labour’s fiscal policy rule neoliberal? - mainly macro That is the charge some on the left, particularly followers a movement called MMT, have laid against Labour's Fiscal Credibility Rule (FCR). MMT stands for nothing very informative, but it is... Continue reading
Posted Jun 14, 2019 at Economist's View
This time might not be different ~ Antonio Fatas Estimating the probability of a recession over a short horizon has so far proven to be a challenging task for economists. Each cycle looks slightly different from the previous one and... Continue reading
Posted Jun 10, 2019 at Economist's View
What to Do About China? - J. Bradford DeLong By attempting to "get tough" with China, US President Donald Trump's administration is highlighting the extent to which America's star has fallen this century. If the US ever wants to reclaim... Continue reading
Posted Jun 5, 2019 at Economist's View
After Neoliberalism - Joseph E. Stiglitz For the past 40 years, the United States and other advanced economies have been pursuing a free-market agenda of low taxes, deregulation, and cuts to social programs. There can no longer be any doubt... Continue reading
Posted May 31, 2019 at Economist's View
Trump Tantrums the Dems Out of a Trap - Paul Krugman I gotta say, it was very clever of Nancy Pelosi to steal Donald Trump’s strawberries, pushing him over the edge into self-evident lunacy. As everyone knows, Trump stormed out... Continue reading
Posted May 28, 2019 at Economist's View
Raj Chetty’s plan to change how Harvard teaches economics - Vox Raj Chetty, a prominent faculty member whom Harvard recently poached back from Stanford, this spring unveiled “Economics 1152: Using Big Data to Solve Economic and Social Problems.” Taught with... Continue reading
Posted May 24, 2019 at Economist's View
Robo-Apocalypse? Not in Your Lifetime - J. Bradford DeLong Not a week goes by without some new report, book, or commentary sounding the alarm about technological unemployment and the "future of work." Yet in considering the threat posed by automation... Continue reading
Posted May 22, 2019 at Economist's View
Don’t Give Trump Too Much Credit for the Soaring Economy - Alan Blinder In recent weeks, any number of commentators have taken note of what might be called the “paradox of polling” under President Donald Trump. Specifically, the president gets... Continue reading
Posted May 20, 2019 at Economist's View
There’s a revealing puzzle in the China tariffs - Larry Summers On Monday, China announced new tariffs on $60 billion of U.S. exports, and the United States threatened new tariffs on up to $300 billion of Chinese goods. These actions... Continue reading
Posted May 16, 2019 at Economist's View
Evolution or revolution: An afterword - Blanchard and Summers The changes in macroeconomic thinking prompted by the Great Depression and the Great Inflation of the 1970s were much more dramatic than have yet occurred in response to the events of... Continue reading
Posted May 13, 2019 at Economist's View
Trump Is Terrible for Rural America - Paul Krugman Economists, reports Politico, are fleeing the Agriculture Department’s Economic Research Service. Six of them resigned on a single day last month. The reason? They are feeling persecuted for publishing reports that... Continue reading
Posted May 10, 2019 at Economist's View
An Industrial Policy for Good Jobs - Dani Rodrik & Charles Sabel So-called productive dualism is driving many contemporary ills in developed and developing countries alike: rising inequality and exclusion, loss of trust in governing elites, and growing electoral support... Continue reading
Posted May 8, 2019 at Economist's View
The economics of mobile money - VoxEU Mobile money has transformed the landscape of financial inclusion in developing and emerging market countries, leapfrogging the provision of formal banking services. This column explains how mobile money potentially helps ameliorate several areas... Continue reading
Posted May 6, 2019 at Economist's View
Spring 2019 Journal of Economic Perspectives Available Online - Tim Taylor The Economy We Need - Joseph E. Stiglitz Leave the Renminbi Out of US-China Trade Talks - Kenneth Rogoff The Zombie Style in American Politics - Paul Krugman U.S.... Continue reading
Posted May 3, 2019 at Economist's View
Progressive Capitalism Is Not an Oxymoron - Joseph Stiglitz The Great Republican Abdication - Paul Krugman Where Do Good Jobs Come From? - Daron Acemoglu Further Thinking on the Costs and Benefits of Deficits - Furman and Summers When Did... Continue reading
Posted Apr 27, 2019 at Economist's View
The Captain Swing Riots; Workers and Threshing Machines in the 1830s - Tim Taylor Shocks and labour cost adjustment – Bank Underground US Firms Are Less Dynamic Than They Used To Be - PIIE FedViews - FRBSF Is Low Inflation... Continue reading
Posted Apr 18, 2019 at Economist's View
Purity vs. Pragmatism, Environment vs. Health - Paul Krugman Bad News for IV Estimation - No Hesitations Keep the Federal Reserve I Love Alive - Greg Mankiw Peaceful Coexistence 2.0 - Dani Rodrik The great disinflation in emerging and developing... Continue reading
Posted Apr 12, 2019 at Economist's View
Why Does Trump Want to Debase the Fed? - Paul Krugman Trump’s Most Worrisome Legacy - Joseph E. Stiglitz Interview of R. Preston McAfee - Federal Reserve Bank of Richmond Have the Indentification Police Become Overly Intrusive? - Tim Taylor... Continue reading
Posted Apr 9, 2019 at Economist's View
Donald Trump Is Trying to Kill You - Paul Krugman “Economics Now Points Away From the Laissez-Faire Approach” - ProMarket Ten Years Later: Reflections on the 2008–09 Financial Crisis - Larry Summers Examining an MMT model in detail - Noahpinion... Continue reading
Posted Apr 5, 2019 at Economist's View
The Incredible Shrinking Trump Boom - Paul Krugman Worst-case deadweight loss: Theory and implications - VoxEU The Revolution Need Not Be Automated - Acemoglu & Restrepo Some US Social Indicators Since 1960 - Tim Taylor RCTs in the long run... Continue reading
Posted Mar 30, 2019 at Economist's View
Don’t Make Health Care a Purity Test - Paul Krugman The Fed Board Unmoored - J. Bradford DeLong Memo to Senate: Just Say No (to Moore) - Greg Mankiw Climate Change and the Federal Reserve - FRBSF What Did Gutenberg's... Continue reading
Posted Mar 25, 2019 at Economist's View
Calling time on 'statistical significance' in science research - EurekAlert Work of the past, work of the future - VoxEU Holy Voodoo, Batman! - Paul Krugman Raising the Curtain: Trade and Empire - Brad DeLong Six Migrants and Their Descendants... Continue reading
Posted Mar 21, 2019 at Economist's View
Women in Economics Report Rampant Sexual Assault and Bias - The New York Times Alan B. Krueger, Economic Aide to Clinton and Obama, Dies at 58 - The New York Times The loss of a great economist and a great... Continue reading
Posted Mar 18, 2019 at Economist's View