The Grumpy Economist

  From Torsten Slok at Apollo. Torsten explains Current pricing for caps and floors shows that the market sees a 30% probability that inflat...

In one of their series of excellent WSJ essays, Phil Gramm and John Early notice  that conventional income inequality numbers report the dis...

Update : An expanded and improved version of this post is at city journal , or here (pdf on my webpage )  I had the honor of testifying at t...

Marginal revolution links to a great read on contemporary macroeconomics from J.W. Mason . It's mostly wrong, I think, but very thought...

The Hoover Economic Policy working group seminars are now online for anyone who is interested. Follow the link and click "news and even...

A history of paper money and inflation in China, from Edward Chancellor's Wall Street Journal review of Jin Xu's Empire of Silver. ...

R.A. Fisher, famous statistician,  is canceled  by Cambridge University, along with a pretty nice stained glass window Bari Weiss has  a tre...

Conversation with Tyler podcast interview. Perhaps predictably, the most challenging interview / podcast I've ever done. Video here   a...

Essay on monetary policy in National Review Online .  Short version: The Fed's monetary policy has returned to the intellectual framewor...

Ross Douthat in the New York Times doubts that canceling Dr. Seuss is a good idea. That this essay made it in to the Times, of all places,...

Nicholas Kristof in Sunday's New York Times asks a pressing -- often quite pressing -- question. Why are there no public toilets in Ame...

I learned a lot. The book is very interesting. Direct link in case the following embeds don't work.    

 A young correspondent posed the following question:  I was wanting to know your opinion on the “work or starve” argument often made my left...

    Source  Stephan Schubert Source: Chad Jones "straight out of the Penn World Tables, and I first learned about it from Lee Ohanian a...

Here are two unsettling slides I made for a talk. Here is GDP per capita in US, UK, France and Italy and China (2020 dollars, source world b...

With the current focus on "equity" and "disadvantage," even in the midst of a pandemic, one might yearn for the simplici...

r<g is an essay on the question whether r<g means the government can borrow and not worry about repaying debts. No.  Abstract: A si...

The Fiscal Theory of the Price Level  is a book I'm writing on that topic. It now has a full draft, here .  Comments, typos, suggestions...

About a month ago, Russ Roberts and I had a great conversation about virus, vaccine, and tests for the Econ Talk podcast, and the free marke...

Why are people gloating over Rush Limbaugh’s death?  Charles Lipson writes   The gloating over Rush Limbaugh’s death ought to shock the cons...