…were created in the US. Wrong on both accounts. Did this guy really go to Yale? Vance’s Trumped-Up Economics Today, Republican vice-presidential nominee JD Vance told NBC News that the…

…rather than economics. Some of it does fit. The concept is political for an upcoming election. William McKinley is having a moment (which I confess is a sentence I never…

“Small town vs big city economics,” The one-handed economist How do the small rural communities still manage to exist with decent living conditions? Take for example any small rural village…

Peter Dorman at Econospeak discusses problems with microfoundations, and in a more thorough paper at Association Economique politique explores the Political Econonomic Outlook for Capitalism. Mark Thoma had pointed to…

…the economics profession” who is also genuinely humble, he does not mind or care about any of this at all. Mostly I want to reaffirm his important role both in…

…short, the problem wasn’t geology, it was land use economics. Read the rest here: The Bedrock Myth and the Rise of Midtown Manhattan (Part I), Skynomics Blog, James M. Barr…

…more efficient, increases innovation, and generates more benefits for consumers. It’s therefore surprising to see a lack of competition in academic economics, where the same few universities collect titles, honors…

…necessary but not sufficient condition for economic reasoning and predictions to be correct. Or to put it another way: Accounting is a constraint on economics, not economies. Simple example: if…

…to absolute right to Property. Discuss. On Classical Economics. Economics (which as a discipline developed in parallel in time and place with Modern Conservatism) foundationally assumes that Homo Oeconomicus is…

…in economic history, one certain victim of the crisis has been free market economics. It is impossible any more to hold that economies will prosper only if markets are freed…