The Grumpy Economist

I gave a talk at Hoover, encouraging those of us who are less than fans to speak up and outline the alternative to Obamacare. Podcast here. ...

Philadelphia Fed president Charles Plosser gave a noteworthy speech, " A limited central bank. " It's especially noteworthy in...

While fiddling with a recent paper, " The New-Keynesian Liquidity Trap " ( blog post ), a simple insight dawned on me on the utter...

This is a link to the "Work Behind the Prize" event from Monday Nov 4. Our charge was, explain to the community of scholars at t...

This afternoon (Monday November 4) a panel of four will try to explain the research that Gene Fama and Lars Hansen did to win the Nobel Pr...

Thousands Of Consumers Get Insurance Cancellation Notices Due To Health Law Change  Kaiser Health News Some health insurance gets pricier ...

As with Lars Hansen and Gene Fama, Bob Shiller has also produced a span of interesting innovative work, that I can't possibly cover here...

Lars has done so much  deep and pathbreaking research, that I can't begin to even list it, to say nothing of explain the small part of i...

The Nobel Committee's " Understanding Asset Prices " "scientific background" paper for the Fama, Hansen, Shiller awa...

(For a pdf version click  here .) Photo: Elizabeth Fama Gene Fama’s Nobel Prize Efficient Markets Gene’s first really famous contr...

Gene Fama, Lars Hansen and Bob Shiller win the Nobel Prize . Congratulations! (Minor complaint: Nobel committee, haven't you heard of Go...

Totally off topic. It's Friday, time to relax. Source: Nina Katchadourian 15th Century Flemish Style Portraits Recreated In Airpl...

Niall Ferguson has completed his Krugtron trilogy, with Part 2  and Part 3 , ( Part 1 here FYI, which I blogged about earlier.) Part 2  ...

Casey Mulligan wrote a nice Wall Street Journal Oped  last week, summarizing his recent NBER Working Paper  (also here on Casey's webp...

A nice Bloomberg View by David Goldhill offers an Econ 101 lesson in incentives. Though the average subsidy rate to health insurance is li...

A fun show is breaking out. Niall Ferguson on "Krugtron the invincible. " Paul Krugman, for a while now, has been lambasting tho...

Bill Dupor and Rong Li have a very nice new paper on fiscal stimulus: "The 2009 Recovery Act and the Expected Inflation Channel of Gove...

Eight of the World’s Top Young Economists Discuss Where Their Field Is Going  is a interesting post, interviewing a few of economics' yo...

Ken Rogoff wrote a very interesting FT oped on UK finances ( FT original , Rogoff webpage if you can't see FT.) The issue: Should we...

I was on a panel yesterday at a fascinating conference, "The US Financial System–Five Years after the Crisis."  The conference wa...