2016

Testimony

I was invited to testify at a hearing of the House budget committee on Sept 14. It's nothing novel or revolutionary, but a chance to put...

Ed Glaeser has a superb essay on infrastructure at City Journal, titled "If you Build It.." I have a few excerpts, but do go and ...

By N1000 Monday, 5 September 2016 Commentary writing

Naomi Rosenberg's Op-Ed in the Sunday New York Times is the best piece of writing I have had the painful pleasure to read in a long time...

Andy Koenig had a WSJ oped on a subject getting far too little attention. When the government goes after big companies such as banks, and o...

The online class "Asset Pricing" is resurrected, at least half-way. The videos, readings, slides/whiteboards and notes are all now...

The cause of sclerotic growth is the major economic policy question of our time. The three big explanations are 1) We ran out of ideas (Gord...

Scott Sumner sums up contemporary stimulus proposals well ...Old hydraulic Keynesianism from the 1960s was already a pretty implausible mod...

I did an interview with Cloud Yip at Econreporter, Part I and Part II , on various things macro, money, and fiscal theory of the price lev...

The WSJ asked me to review the Hillary Clinton economic plan, motivated by her August 11 speech introducing it. The Op-Ed is here . I read...

Kate Kershaw Downing has posted a worthy letter of resignation from the Palo Alto Housing commission , that seems to be going viral. Palo Al...

Some big news, to me at least: The Bureau of Economic Analysis is now producing "regional price parities" data that allow you to c...

Larry Summers has an important, and 95% excellent, Financial Times column . Larry is especially worth listening to. I can't imagine that...

Max Raskin and David Yermack have a nice WSJ OpEd last week, " Preparing for a world without cash ." The oped summarizes their rel...

Tyler Cowen and Alex Tabarrok have written a splendid article, " A Skeptical View of the National Science Foundation’s Role in Economic...

We are getting a good hint that a centerpiece of economic policy in the Hillary Clinton administration will be an increase in Federal contro...