…then we see that Noah Smith is bringing the missing piece to the table. (update: Noah Smith cites the work of Michael Elsby, University of Dublin. The Decline of the…

…over as president of the organization. Mike quotes Alex Pareene at length on how the rise of MBAs running both the Foundation (DeMint) and Heritage Action (Michael Needham) has turned…

…Argentina and Russia. What can policymakers do to offset the declines? Kristin J. Forbes and Michael W. Klein have examined the policy options available to governments that face crises due…

…not a new problem, and policymakers in Washington have long sounded the alarm. Michael Barr — an assistant secretary of the Treasury under President Obama and law professor at University…

…uncompensated healthcare by patients as they would be covered either through the individual exchanges or Medicaid. Governor Deal has placed Georgia hospitals between a rock and a hard place by…

…have a large degree of influence over their economy’s response to capita flows. But are “virtuous” policies always rewarded? Joshua Aizenman of the University of Southern California, Michael Hutchison of…

…blog. Commentary on the McCutcheon decision comes from Dahlia Lithwick of Slate, Garrett Epps of The Atlantic, Beverly Mann at Angry Bear (here and here), and Michael Bobelian of Forbes….

…be muted unless labor share also increased. Thus, the bottom line in any solution to Secular Stagnation involves an increase in labor share. One final note, as Michael Pettis has…

…full employment. Yet, what is behind low inflation? I refer to the work of Michael Pettis who is a professor of finance at Guanghua School of Management at Peking University…

World Trade weakens in Early 2014, Wall Street Journal: Weakening world trade is something to watch according to Michael Pettis. “… redistributing income downwards is easier said than done in…