Angry Bear readers are familiar with Mark’s writings: Mark Thoma is a macroeconomist and time-series econometrician at the University of Oregon. His research focuses on how monetary policy affects the economy, and he has also worked on political business cycle models. Mark is currently a fellow at The Century Foundation, a columnist at The Fiscal […]

Mark Thoma, among many others, discusses some implications for readers to consider for macro overall: Empirical Methods and Progress in Macroeconomics (Quote)The blow-up over the Reinhart-Rogoff results reminds me of a point I’ve been meaning to make about our ability to use empirical methods to make progress in macroeconomics. This isn’t about the computational mistakes that Reinhart […]

Mark Thoma notes the discrepancy between pretty much standard economics and what the popular discussion considers ‘economics’ : Not All Economists are to Blame, But Some Are  A defense of some, but not all economists: Why Some Economists Failed  I assert that some economists got things mostly right about the recession and what was needed to […]

Mark Thoma points us to Republicans Want to Repeal Resolution Authority the House Republicans on the Financial Services Committee just voted to repeal “resolution authority.” Let’s review the history. When the crisis hit, the government bailed out many financial firms — shadow banks as they are known. That’s not what it does when an ordinary […]