Can Anyone Spare $150 billion?
The trade-off between equality and efficiency mentioned in Sargent’s 2007 Berkelee commencement address generated a surprising amount of commentary online (surprising to me anyway). Much of the online...
View ArticleLarry Summers on Piketty
Larry Summers has an excellent review of Thomas Piketty’s Capital in the Twenty-First Century. In many ways, his reaction is similar to Greg Mankiw’s. He agrees completely with the factual record but...
View ArticleChristian Zimmerman’s Blog on DSGE Modelling
Christian Zimmermann has a blog devoted to DSGE modelling and macroeconomics. This is definitely worth adding to your bookmarks if you are interested in quantitative analysis of macroeconomic events...
View ArticleImproving Econ 101
In a recent BloombergView article Noah Smith argues that the reason introductory economics classes are so bad is that they have few empirical demonstrations of their basic insights. He draws a...
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