…and the author, most recently, of The Road to Freedom: Economics and the Good Society (W W Norton & Company, Allen Lane, 2024). Jayati Ghosh, Professor of Economics at the…

The Trumpenproletariat loves to point to those who disagree with Dear Leader as having Trump Derangement Syndrome. But like everything they accuse others of, it’s what they’re guilty of. “A…

Yep, This one is from a couple of weeks ago. I like it because, we are seeing Trump destroy much of the economy, building debt, legislating tax giveaways to the…

…European University in Budapest, the University of Economics in Prague, and the Stockholm School of Economics in Riga. During breaks in his teaching career, he worked in Washington, D.C. as…

Mr. Dan, When I started reading Angry Bear I was working as a technical editor (degree in English) and had zero knowledge of economics, but I was watching the (to…

…Waldmann is not on Robert Waldmann’s list). There is mathematical economics and there is scientific economics. The overlap is minimal. Fox is writing about the debate between Krugman and Cochrane….

…—————– http://one-salient-oversight.blogspot.com/2008/09/mccain-money-and-mondale.html —————– Quotes: —————– The problem is that, for the last 25 years, the Republican Party has been dominated more or less by Supply-side economics, a form of “voodoo…

…law of scarcity applies to macroeconomics as well in the form of a full employment constraint. Since Brad and Mark have so ably corrected the two most egregious problems with…

…always, people get masters in Economics as a sort of consolation prize when they can’t pass the qualifying exams at the end of the first or second year (Economics is…

…another thing — [the problem with economic modeling] isn’t [limited to] new classical macroeconomics. The same criticisms apply to new Keynesian DSGE models. Adding totally unexplained Calvo alarm clocks doesn’t…