At the end of a good post on the shift of income shares earned by capital (more) and labor (less) in the US over the past few decade...

I recently posted on Twitter something to the effect of "what does 'austerity' mean when every country practicing it is runni...

Krugman reproduces the above graph and writes : [T]his recent survey paper (pdf) on teen births, which are much higher in America tha...

Krugman has a good NYT Magazine article on Bernanke. They have an interesting personal history -- as Chair of the Econ department at Prince...

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

I spent a lot of time in this Crooked Timber comment thread discussing my previous two posts and the reactions to them. I think it's sa...

Henry Farrell goes after me over this post , and says he'd rather be an unsophisticated 6 year old than... whatever I am. Dan Nexon sec...

UPDATE: Henry Farrell and Dan Nexon have taken their shots at me, at least partly deserved, but I didn't say the things I said . A more ...

I'm jealous. Waldman's response to me got links from Financial Times, The Economist, Naked Capitalism, and Krugman, and I'm sur...

I've been thinking a lot lately about exchange rates, capital flows, and related issues. While looking for something else, I came across...

Gary Becker thinks we should charge immigrants $50k (on loan, if necessary) to come to this country. Via Adam Ozimek , who loves it. This b...

I don't get Krugman's logic here : Things are different for a country that shares a currency with other countries. Ireland can raise...

Things have been busy around here lately, so in lieu of a substantive post here's some links: -- Dani Rodrik vs. Turkey . This has been ...

Every time a new poll of voter attitudes towards spending and taxes comes out, liberal commentators gleefully point out just how irrational ...

I agree with all of this : These days, China seems to play the same role in much of our discourse that Japan did two decades ago. We look at...

Munger took some time before getting his eyes lasered today to say this : To have an effect on economic activity, tax cuts have to be credib...

Modern Keynesians like Brad DeLong and Paul Krugman routinely excoriate those who forget the the wisdom of old economists, and rightly so. ...

I literally cannot believe this : One thing I’m hearing, now that all hope of useful fiscal policy is gone, is the idea that trade can be a ...

I guess I'm an idiot, as I can't understand simple things. Paul Krugman says : One clear result of the midterms is that we won’t hav...