The Grumpy Economist

Libertarianism consists of many different ideas, and is clearly in need of some adjectives. Tyler Cowen, in an interesting new-Year's re...

Family formation and crime is the title  of  a very nice new paper by Maxim Massenkoff and Evan K. Rose. (HT Alex Tabarrok at  Marginal  Re...

I gave a presentation on "capital markets" at the Hoover Centennial series on Tuesday.  Caroline Hoxby gave a clear  presentation...

and transparent pricing are  possible.  Russ Roberts has a great econtalk podcast , interviewing  Keith Smith of the Surgery Center of Ok...

The  carbon elephant in the room: ( Data from EIA )

What is the value of economics? "Have you economists ever proved anything that isn't obvious?" is a common complaint. Tyler ...

A retired guy and a carpenter walk in to a bar, and they each order a beer. When they pay, the fashionable progressive economist asks them, ...

If you want evidence that climate policy has become unhinged from science and quantification, becoming more like a religious cult, look no f...

In an environment with stable inflation, the yield curve should typically be inverted. Long term investors care about money when they reti...

"The IP Commission estimates that between $200 billion and $500 billion  a year of intellectual property is stolen from the U.S." ...

Why are interest rates so low? Here is the 10 year bond yield, by itself and subtracting the previous year's inflation (CPI less fo...

Issue 100-year Treasurys,  advocates the Wall Street Journal .  It mentions a short note  deep on the Treasury website  that Treasury’s Of...

Larry Summers has an interesting tweet stream (HT Marginal Revolution) on the state of monetary policy. Much I agree with and find insightf...

Phil Gramm and John Early have an excellent WSJ oped on inflation measurement . Many conventional inflation measures are  overstated by ar...

Now that 30  days have passed, I can post the whole July 18  gold oped in the Wall Street Journal . Some of President Trump’s potential no...

Eli Dourado writes of f our intriguing geoengineering schemes: (HT Marginal Revolution's incomparable links .) 1. Bring back the Wool...

Alejandro Rodrigues writes again from Argentina ( previous post ) "This  graph shows the evolution of peso denominated fixed incom...

The Reader's Guide to Optimal Monetary Policy is a snazzy new website created by Anthony Diercks and Cole Langlois at the Federal Reser...

Steve Williamson has an excellent long essay, " Is the Fed Doing Anything Right? " on the current state of monetary policy. Why ...

My friend Alejandro Rodriguez, at Universidad del CEMA, sends the following report: Oops we did it again. Macri (the current president) lo...