The Grumpy Economist

The Financial Times reports an amazing interview with Martin Wheatley, the "head of the UK's new consumer protection watchdog....

I recently read again a very nice paper by Toby Moskowitz and Effi Benmelech, " The Political Economy of Financial Regulation " wh...

The Grumpy Economist has sat through one too many seminars with triple differenced data, 5 fixed effects and 30 willy-nilly controls. I ...

As reported by the Wall Street Journal , Mitt Romney's tax return was 547 pages long. If you want to know what's completely sick wit...

Zheng Liu and Mark Spiegel at the San Francisco Fed wrote a very nice letter   on demographics and asset prices, summarizing a lot of go...

I ran in to a lovely little paper on regulation, thinking about financial regulation, from Paul Romer. In my thinking about financial reg...

One piece of interesting economics did come up while I was looking through the stimulus blogwars. Paul Krugman pointed to New Keynesian s...

The stimulus wars are heating up again. I wrote my last, and I thought best, summary blog piece " Stimulus RIP " in November 201...

Romney's 15% average income tax rate is all over the news, with the usual "tax the rich" outrage.

Jim Powell wrote a nice Forbes article, " The Most Important Secret of a Prosperous Economy ," filled with his usual brand of thou...

Brad DeLong put up a post on Milton and Rose Friedman's Free to Choose so succinct, so outrageous, and so revealing, it merits breaking ...

Last week was full of the shocking revelations in newly released Fed minutes. Bernanke and co. didn't foresee the housing crash and bank...

German bond yields turn negative, as reported in the Wall Street Journal. Source: Wall Street Journal Negative interest rates are a bi...

I stumbled across this lovely little post from Hungary, titled " This is why I don't give you a job " It's full of class...

The world's largest hedge fund paid $79.3 billion dollars to its main investor last year, as announced to the press and reported by the...

My colleague Austan Goolsbee wrote a thoughtful Wall Street Journal Op-Ed last week titled "Washington isn't spending too much....

Two weeks ago I wrote the following in a little Bloomberg column about the Euro  Defenders [of devaluation] think that devaluing would fo...

Dan Mitchell wrote an interesting op-ed in the Wall Street Journal ( Cato link for those without WSJ access), highlighting a great liberta...

I am often asked, "doesn't the financial crisis mean we need more regulation?" It's one of those maddening questions, beca...

I usually don't respond to Paul Krugman's blog posts. But last week he wrote about Stimulus and Ricardian Equivalence . The post giv...