Friday, December 02, 2016

Don't worry about the trade deficit

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

Thursday, December 01, 2016

Josh Lerner

Saturday, November 26, 2016

Memories of Fidel's Cuba

Tuesday, November 15, 2016

An Interview with Ed Conard

Click here to watch me interview Ed Conard about his new book, The Upside of Inequality: How Good Intentions Undermine the Middle Class for C-SPAN Book TV’s “After Words.”

Saturday, November 12, 2016

The Triumph of the Less Educated

In a Times column back in July, I noted that the Brexit vote was strongly correlated with education. The recent presidential election shows the same pattern: "College graduates backed Clinton by a 9-point margin (52%-43%), while those without a college degree backed Trump 52%-44%."  The graph below shows that it is unusual for the more educated and less educated to be in such substantial disagreement.


Friday, November 11, 2016

The podcast is live

Wednesday, November 09, 2016

On the Election Results

I did not support Mr. Trump, but now that he is our President-elect, I wish him well.

To my many friends who are now freaking out, I encourage you to take a deep breath and calm down. Our political and economic system is more robust than you sometimes give it credit for being.

Earlier this year, I wrote:

People often ask me whether it is frustrating to work in Washington, noting how hard it is to get anything done. Yes, in some ways, it is. This episode is only one example where our good policy (as my White House colleagues and I saw it) was subverted by an uncooperative legislature.

            Yet, over time, I have come to appreciate that frustration for those in policy jobs is not a bug in the system but rather a feature. The founding fathers, in their great wisdom, built this tension into the system. In high school civics classes, it goes by the name “checks and balances.” 

A common lament is that there is too much gridlock in Washington, and maybe there is. But imagine that your least favorite candidate wins the next presidential election. Might you be grateful when the new President and his or her CEA chair become frustrated while trying to implement their new ideas for economic policy?

Monday, November 07, 2016

What is it like to win a Nobel Prize?

Monday, October 31, 2016

Before the Flood

A movie, approximately 1 1/2 hours, on climate change, with yours truly making a brief appearance at around 59:40.  (Update: Sorry, it seems no longer to be freely available.)

Sunday, October 30, 2016

Coming soon

If you teach introductory economics, you might be interested to know that my publisher is hosting a number of webinars in the coming weeks to show some of the changes and enhancements to the 8th edition of my favorite textbook and to demonstrate the digital technology that supports the text. You can sign up here.  (The new edition will be coming off the presses in about a month, ready for spring classes.)

Saturday, October 29, 2016

Worst of Both Worlds

Wednesday, October 26, 2016

Update on Carbon Washington

Monday, October 24, 2016

An Upcoming Interview

This coming Friday, I will be interviewed by Frank Conway at an Economics Teaching Conference.  You can hear a live broadcast of the interview by registering here.

Friday, October 21, 2016

In Praise of High Prices

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

Normative Ethics and Welfare Economics

For the next couple days, I will be hanging out at this conference.  Various papers available at the link.

Wednesday, October 19, 2016

Why Are Interest Rates So Low? Causes and Implications

Friday, October 14, 2016

What I've been doing

Today and tomorrow, I am attending this conference at the Federal Reserve Bank of Boston. Papers and some videos available at the link.

Wednesday, October 12, 2016

Trump's Economist

Monday, October 10, 2016

The Nobel

Thursday, October 06, 2016

New Videos from the NBER

1. "The Dramatic Economics of the U.S. Market for Higher Education," Caroline Hoxby's Martin Feldstein Lecture.

2. "Matching Markets and Market Design," the 2016 Methods Lectures, which were presented by Atila Abdulkadiroglu, Nikhil Agarwal, Itai Ashlagi, Parag Pathak, and Al Roth.

3. "The Economic Consequences of Brexit," a panel discussion with presentations by Richard Baldwin, Jeffrey Frankel, Anil Kashyap, Helene Rey, and Thomas Sampson.