The Grumpy Economist

Deflation returns to Japan. Tyler Cowen has a thoughtful Marginal Revolution post , expressing puzzlment. Scott Sumner discussion here , and...

After the ACA , a longish essay on what to do instead of Obamacare. Relative to the policy obsession with health insurance, it focuses mor...

Click here for the rest It's a graphic novel treatment of Gene Fama's Does the Fed Control Interest Rates ? paper, from the ...

I did a little interview with Mary Kissel of the Wall Street Journal, following up on thursday's oped . Mary is, as you can tell,...

OK, it's not Marginal Revolution. It's not even tops in my own family -- My kids' high-school animation videos do better (8 ...

WSJ Oped, The Fed Needn’t Rush to ‘Normalize’  An ungated version here via Hoover . Teaser: The outcomes we desire from monetary policy ...

FT's Alphaville has an excellent post by Matthew Klein on long-term interest rates, organized around Greenspan's "conundrum....

I saw two very nice, short views on growth: John Taylor Can We Restart This Recovery All Over Again? and Andy Atkeson, Lee Ohanian, and Wi...

I ran across a little gem by Tom Sargent, " The Evolution of Monetary Policy Rules ." Alas, it's gated in the JEDC so you'...

A nice trade epigram from David Henderson I don't think Trump understands that when we open trade to other countries, we gain not just...

Source: Wall Street Journal; Getty Images A Wall Street Journal Oped with Andy Atkeson, summarizing many points already made on this bl...

Steve Williamson has a very nice post " Historical Fiction ", rebutting the claim, largely by Paul Krugman, that the late 1970s Ke...

(Note: This post uses mathjax to display equations and has several graphs. I've noticed that the blog gets picked up here and there an...

The Wall Street Journal gets a prize for Art in Economics for their Phillips curve article. Abstract expressionist division, not contemporar...

" China to flood economy with cash " reads today's WSJ headline. When you read the article, however, you find it's not qui...

An editorial in Süddeutche Zeitung, on Greece, banks and the Euro, summarizing some recent blog posts. I don't speak German, so I ...

Alan Greenspan joins the high-capital banking club, in an intriguing FT editorial If average bank capital in 2008 had been, say, 20 or eve...

Source: Council of Economic Advisers Long term interest rates are trending down around the world. And it's not just since the great ...

A nice essay  by Brink Lindsey at Cato, analyzing some regulations that are strangling economic growth, with an explicitly bipartisan (multi...

Bailout deal brings wave of tax hikes - Ekathimerini.com A barrage of new tax measures are contained in the new bill presented to Greece’...