…of the economy.’ (By ‘choice,’ he means ever more complex versions of price and demand curves.) U Chicago, my daughter’s college, sends me interesting emails now and then, undoubtedly in…

…to facts and ideological twisting of facts into nonsense. … Via Econospeak Peter Dorman writes Review of Economism: Bad Economics and the Rise of Inequality by James Kwak There’s economics,…

…sense the past decade has been a huge validation for textbook macroeconomics; meanwhile, the exaltation of micro as the only “real” economics both gives microeconomics too much credit and is…

…high school education to be of much value. That was then, back before the world became complicated. Today, in order to understand what is going on at work, workers need…

…macro does not mean that all of economics is bunk or that nowhere is there a reliable consensus in economics. Macroeconomics is only one area of economics. In my view,…

…and Sanders and on the other side the Koch brothers and say Paul Ryan, McConnell and Boehner? Maybe a Chicago School boy or girl? Let’s throw in Jack Lew or…

…all the Dems into one voting machine. Is Chicago’s Mayor Daley still around for lessons? Parts of MedPage Today‘s “RFK Jr. Clears Major Hurdle in Nomination for HHS Secretary,” are…

…The Washington Consensus. I like Noah Smith’s term Economics 101. Smith’s point is that many non-economists think economics consists of the very simplest economic models which are now mainly used…

…by noting that his rule in life was “never trust anyone from Austin or Boston,” and proceeded to declare his allegiance to the “Austrian School” of economics, a libertarian view…

…of corporate lobbying in Congress and near-absolute capture of the media on the issue, combined with the proliferation of robotic economics and “law and economics” faculties who scribble endlessly about…