…the large macro models. In my ignorance, I know of no case in which they mentioned the output of those large macro models. Writing such large models was an active…

…already expressed doubts about how relevant Bezos’ hyped Amazon model would be to Whole Foods. Proof is surfacing even faster than we expected. … The Business Insider story on Amazon,…

…Beware – we will have to cover a fair amount of numbers but I hope to keep this within the context of my present value model: Let g = the…

…try to explain (and fail). Krugman says a standard model implies a long run cost of 30% tariffs of just 1.5% of GDP. Here the standard HOS model assumes that…

…weekly variation on the same, I also have several “alternate” recession forecasting models. The most noteworthy model is really a consumer nowcast. It turns on consumers running out of options…

by New Deal democrat The divergent nowcast and one model’s forecast at Seeking Alpha Over 10 years ago I found a good, quick-and-dirty way of looking at the Index of…

…do this to focus on the incentive effects of income taxation. In standard models, these effects are undesirable and amount to a deadweight loss which is second order in the…

…of the current Republican Party was the celebration of a certain model of an ideal man, patterned on the image of the American cowboy. Republicans claimed to be defending individual…

…is a rebadging of the trump program. The transition to the ACO REACH model will begin Jan. 1, 2023. Current GPDC Model participants must agree to meet all the ACO REACH Model…

…new economic model. ‘Keep the best and discard the rest,’ seems applicable. Truly thinking anew about economics, economic models, would require that we begin our quest free of preconceptions. That…