A nice little slideshow, with useful discussion here .

Noah Smith has a nice post running down the history of modern macroeconomics through the lens of Greg Mankiw's "scientists vs. eng...

In one small part of a longer discussion Scott Sumner says something interesting : Macroeconomics is the study of policy failure. Once an...

I haven't yet had a chance to read Alex Tabarrok's new e-book, Launching the Innovation Revolution , but judging from this Atlantic...

I think I asked this question back in '09 or early '10, but I didn't get a satisfactory answer so I'll ask it again. I am ce...

Stephen Williamson , on the Krugman-Cochrane rivalry: It's likely that, in the absence of his Krugman-critique, Cochrane would never hav...

As part of a back-and-forth in comments to this post , LFC (of the excellent Howl at Pluto ) wrote: But on US mfg not having declined in raw...

What is the likelihood that this from Tyler Cowen and Jayme Lemke is true: In essence, we have seen the rise of a large class of "zero...

Martin Feldstein is bullish on macroeconomic imbalances, and walks through the relevant savings-over-investment accounting identities (pdf a...

Munger deals with me like he deals with all graduate students: he slaps me around while calling me an "ignorant slut". He somewha...

Tyler Cowen gave a talk at UNC today, in what appeared to be a class taught by Mike Munger. It was open to the public, so I went. Cowen intr...

I'm looking forward to reading DeLong's long-in-the-works Slouching Towards Utopia whenever it ends up coming out: Is macroeconomic...

Felix Salmon says something that makes no sense: Shahien talks to former Fed governor Laurence Meyer, who reads this as a protective move b...

Given his infrequent, never productive, hit-and-run appearances on this blog, I was amused by this : DeLong, true to form, ignored the cont...

The above picture, from David Beckworth , is shocking. It shows that nominal spending (total demand in an economy) among OECD countries had ...

Krugman and DeLong need to read more carefully. When Ned Phelps wrote "Keynesian economics, which had been nearly forgotten inside t...

Krugman in 2007, on Milton Friedman : For example, the Fed responded to the 2001 recession by slashing interest rates and allowing the money...

Paul Krugman stirred up a lot of conversation in the blogosphere and in the Ivory Tower recently with his NY Times article on the state of m...

John Cochrane, one of the prominent "freshwater" economists that Krugman assaulted in his screed last week, has responded . (My f...

My post on Krugman's essay on macroeconomics got picked up by Seeking Alpha , and generated a decent bit of discussion. Most comments t...