The Grumpy Economist

I read with interest the Unified Framework for Fixing our Broken Tax code . The bottom line is a cut in the corporate tax rate to about 20%,...

Last July, as the last Republican Obamacare bill was imploding, Greg Mankiw wrote " Why Health Care Policy is So Hard " in the New...

Even at my point in life, the moment of publishing an academic paper is a one to celebrate, and a moment to reflect. The New-Keynesian Liq...

Another duet of headlines with an interesting lesson, both from the Wall Street Journal: Solar power death wish Suniva Inc., a bankrupt ...

The tax reform discussion includes the idea that by moving to a territorial system, US companies will bring lots of money stranded offshore ...

Sometimes the blog posts write themselves from contrasting newspaper headlines. New York Times New Gene-Therapy Treatments Will Carry Wh...

The online Asset Pricing Ph.D. class is back! It died in a Coursera "upgrade," but it is now migrated over to Canvas. Click he...

Source: climatefeedback.org "Climate Feedback" has produced a " scientific review " of my WSJ oped with David Hender...

A Wall Street Journal oped on tax reform. This complements an earlier oped and see the tax link at right for many others. The bottom l...

Now that 30 days have passed I can post the full Wall Street Journal climate change oped with David Henderson. The previous post has more ...

Fed Chair Janet Yellen gave a thoughtful speech at the Jackson Hole conference. The choice of topic, financial stability and the Fed...

David Henderson and I wade in to perilous waters in the July 31 Wall Street Journal . We try to stake out a different and more productive co...

Dan Thornton has an  interesting essay , ``The Limits of Monetary Policy: Why Interest Rates Don’t Matter.’’ Just why do we think that the...

The July 13 Wall Street Journal editorial updates yesterday's ray of hope . One remaining debate is over Ted Cruz’s “freedom option.” ...

Kristina Peterson, covering the senate health bill in in the  July 11 Wall Street Journal  reports a ray of hope for our legislative and pol...

Farzon Nahvi, writing in the New York Times , reiterates the tired argument that health care can't be left to the free market, because p...

Bryan Caplan has a nice post at ecconlib . The last part is an ode to the value of simple economic theory, much disparaged in public debate....

In case you stay up at night worrying about the next financial crisis, the good folks at the Financial Stability Board  have produced a nice...

One of the frustrations -- or perhaps challenges -- of studying monetary economics and monetary policy is howFed talk and writing on economi...

I am often asked to opine about whether automation will destroy all the jobs. Yes, we talk about tractors, which brought farm employment fro...