L. Frank Baum's book The Wonderful Wizard of Oz, which appeared in 1900, is widely recognized to be a parable for the Populist campaign...

The banks announced that they would reduce by roughly half the cost of an existing program under which banks in foreign countries can borro...

So says David Andolfatto ( via Mark Thom a): I believe that the decline in real rates on U.S. treasuries reflects a steady change in how a...

This is a strong conclusion to a good post from Krugman: My point, then, is that this claim — and the lionization of high earners as peo...

Another way to gauge China's problem is that its gross domestic product (GDP) quintupled over the decade through 2010, while its st...

This post by Yglesias, linked by a lot of folks, has a lot of good in it. But it's missing one thing: a conception of politics. Why is ...

So asks Ezra Klein : Not in absolute terms, of course. Unemployment remains high. Growth remains anemic. Markets remain shaky. But Eur...

Will links to a WAPO piece on the apparent US resilience to EU difficulties . As Ezra summarizes, "Nevertheless, the fact remains that...

-- A long, excellent interview with Patrick Thaddeus Jackson at Theory Talks (a generally excellent site; it's easy to lose hours in th...

I read Barry Eichengreen's Exorbitant Privilege  last night, whose subject is found in the subtitle "the Rise and Fall of the Dolla...