Saturday, September 17, 2016

Bank stocks are just as risky now as they were before the financial crisis

That is the most interesting thing I learned at the recent BPEA meeting.  Click here to learn more.

Wednesday, September 14, 2016

Diagnosing and Treating the Slow Recovery

Monday, September 12, 2016

We're number one!

Ec 10, that is.  And another economics course is number four.

Saturday, September 10, 2016

Equity and the Estate Tax

Click here to read my column in Sunday's NY Times.

Thursday, September 08, 2016

Wehner on Orwell on Fierce Modesty

I enjoyed this essay by Peter Wehner.  It is not about economics, but the lesson should be heeded by anyone who engages in the national debate over economic policy.

Wednesday, September 07, 2016

Economics Teaching Conference

Economics educators may be interested in this upcoming conference. Frank Conway, founder of the Economic Rockstar, will interview me at the conference.

Saturday, September 03, 2016

Where I have been eating

For readers in the Boston area, here is a restaurant recommendation: Tiger Mama.  Fun, Southeast Asian-inspired food from Chef Tiffani Faison. In the Fenway area of the city.

Friday, August 26, 2016

Big Idea #6

Uwe Reinhardt on Obamacare

The Princeton health economist sees a coming death spiral: "If you got a bunch of Princeton undergrads to design a health care system, maybe they would come up with an arrangement like the marketplaces."

Thursday, August 25, 2016

A Survey of CEA Economists

Not a single one endorses Mr. Trump, says the Wall Street Journal.

Wednesday, August 24, 2016

Summer Readings

Here are some of the books I have read this summer, all recommended.
  1. Nobody's Fool by Richard Russo
  2. Success and Luck by Robert Frank
  3. The Upside of Inequality by Edward Conard
  4. Hillbilly Elegy by J.D. Vance

Friday, August 19, 2016

Big Idea #5

Thursday, August 18, 2016

Why many men aren't working

Wednesday, August 17, 2016

Debunking Scandinavia Envy

Fact of the day: "Danish-Americans have a measured living standard about 55 percent higher than the Danes in Denmark. Swedish-Americans have a living standard 53 percent higher than the Swedes, and Finnish-Americans have a living standard 59 percent higher than those back in Finland."

Tuesday, August 16, 2016

Borjas on Vetting Immigrants

Thursday, August 11, 2016

Big Idea #4

Monday, August 08, 2016

Big Idea #3

Sunday, August 07, 2016

The Scandinavian Fantasy

Saturday, August 06, 2016

News from Amazon

To users of my favorite textbooks: Thank you!  Have a great semester.

Friday, August 05, 2016

My Take on Mr. Trump

This morning, John Harwood of CNBC and the New York Times asked for my view of Donald Trump, which John then summarized on his Twitter feed.  Here is the full answer I gave him:

He will not be getting my vote.

I have Republican friends who think that things couldn't be worse than doubling down on Obama policies under Hillary Clinton. And, like them, I am no fan of the left's agenda of large government and high taxes. But they are wrong: Things could be worse. And I fear they would be under Mr. Trump.

Mr. Trump has not laid out a coherent economic worldview, but one recurrent theme is hostility to a free and open system of international trade. From my perspective as an economics policy wonk, that by itself is disqualifying.

And then there are issues of temperament. I am not a psychologist, so I cannot figure out what Mr. Trump's personal demons are. But he does not show the admirable disposition that I saw in previous presidents and presidential candidates I have had the honor to work for.