Michael Perelman at Econospeak and here has thoughts on the role of the worker in economic theory I found interesting. An August 8, 2008 search of 73 economics journals collected…

Moon of Alabama used this chart to chat about Schlaes. GDP numbers according to the Bureau of Economic Analysis (bigger graph) A. Smoot Hawley Tariff ActThe first misstep according to…

…assumed by the Council of Economic Advisors under the actual economic projections of the Intermediate Cost alternative. (Oddly enough for an open and public challenge this has been moved behind…

Hoisted from comments, Bruce Webb writes… The Economic Right as represented by Sowell are getting desperate and as such are petulently lashing out. The key to understanding their thinking is…

…economically ignorant … Liberals don’t understand economics, but that doesn’t stop them from following a “liberal economic theory.” This theory is fallacious in its assumptions that the “rich” (who, according…

…between tax cuts and economic growth. The 2003 tax cut was indeed followed by economic expansion, but the 2001 tax cut was followed by economic contraction. How can we conclude…

…likely would be accompanied by some economic stress, though the macroeconomic implications need not be substantial. This was a fairly upbeat assessment of the state of the US economy, I…

…president and a leader of the Democratic Party talking about the economic stimulus package. The president said, “Look, our economy’s been hit hard on 9/11. We need to do something…

…fall. Lower spending means an economic slowdown. And of course, an economic slowdown means that jobs are lost, not gained. The most likely outcome is a mix of these three,…

…fake “we care about economic responsibility” policy initiative. Freedom does NOT reside in allowing brute force economic might to set the rules. Freedom is having government institutions that work and…