The Grumpy Economist

Richard Epstein has a lovely essay, " The Real Lesson of the IRS Scandal " As lots of commentators left and right are realizing, t...

The Wall Street Journal had a really heart-warming article,  Europe's Recession Sparks Grass-Roots Political Push   about groups taking...

I am giving a talk Thursday May 30, titled  "The Role of Monetary Policy, Revisited."  The event is at Booth's Gleacher Center...

For a talk I gave a week or so ago, I made some more interest-rate graphs. This extends the last post on the subject. It also might be usef...

In writing about the ACA and our health-care problems, I started to think more and more about supply restrictions. In every other industry, ...

It's time to start a new series on "energy idiocy." You just can't make this stuff up... From today's WSJ : BRUSSEL...

"Finance: Function Matters, not Size" This is the new title of the published version of "The Size of Finance," which I p...

Holman Jenkins has a revealing Cyprus update in  today's Wall Street Jounal . For those of you who haven't been following the news,...

Last week the Treasury announced that is it going ahead with floating-rate debt, and gave some details how it will work. The Wall Street Jou...

A small monetary policy question has been bugging me this morning. The Fed is buying long term bonds and agency debt, with stated desire t...

John Taylor has a lovely little blog post , encapsulating so much in a few sentences. An excerpt with comments (emphasis mine) ...there is...

This is an Op-Ed for the Wall Street Journal, original here  on April 15 2013 Source: Wall Street Jouirnal They keep coming back, like...

Via Greg Mankiw's blog , I learned about the IMF conference on "Rethinking Macro Policy." See the announcement and program her...

This is a short video from last year. I only just found out it exists. It still seems pretty topical, and (for once) condensed because L...

What is it about energy that send all sides of the political spectrum into spasms of babbling idiocy? Here are two items heard on my jog yes...

Where are interest rates going? Here are two fun graphs I made, for a talk I gave Tuesday at Grant's spring conference, on this question...

I was having a bit of fun making graphs for a talk. Are we all fine and debt is no longer a problem? I went back for a closer look at the C...

I thought European "austerity," meaning mostly large increases in marginal tax rates on anyone daring  to work, save, invest, star...

Source: Wikipedia Another fish story.  In recent news, our Federal Government is now taking on the "fair price" of catfish in ...

Admati and Hellwig ( my review here ) (and fellow travelers) may be having some effect! From today's WSJ " Heard on the Street ...