…not put economists in good stead. As Paul Krugman frequently notes, “Economics is…not quite as hard as sociology.”* But Falkenstein makes up for this lapse, perhaps, with his conclusion: Macroeconomists…

Brad DeLong finds the quote that tells you everything you need to know about the origins of the Neoconservative Movement: Among the core social scientists around The Public Interest there…

Via the must-read Susan of Texas, Ezra Klein finally comes to some of his senses: couldn’t get an answer to a very simple question: What level of spending on health…

John Quiggin finally makes explicit What Everyone Knows: that the clusterfuck that has been made of Macroeconomics is due largely to an attempt to leverage (insufficiently robust) Microeconomic Theory: the…

by cactus Norman Borlaug, Michael Jackson, and the Invisible Hand When Adam Smith described the concept of laissez-faire capitalism, he argued that it was not just efficient but moral. As…

…at Reviving Economics gets it right, leaving hope that when we’re all dead, the next generation will know how to teach economics so that they’re not looked at as if…

…the right thing for the company. Amazingly, this is exactly the problem that standard economic theory claims “professional” management solved. I hope this one makes it into John Quiggin’s book….

Ken Houghton notes the obvious corollary to Bruce Webb’s post on the 1st: if you don’t “read the bill,” the obstructionists will lie about it. UPDATE: And now corrects his…

Nor is Cate Blachett playing me. (Nor, unfortunately, am I using this as an opportunity to post a picture of Ms. Blanchett in an attempt to troll for links. You…

…ridicule, but even his economic performance is pretty good compared to that of most Republicans. Even so, most conservatives and libertarians would probably not take seriously any economic work coming…