The Grumpy Economist

Greg Mankiw posted a clever graph a month ago, which he titled " The Phillips Curve is Alive and Well." No, Greg, the Phillip...

NPR covered the Democratic candidates' plans to address housing issues: [Julian] Castro would provide housing vouchers to all familie...

In a delightfully YIMBY " Americans Need More Neighbors " the New York times gets it almost all right. Housing is one area of Am...

Torsten Slok at DB updates this lovely graph on occasion. Here's what it means. Fed fund futures are essentially bets on where the Fe...

When, last week, the Treasury issued its currency manipulation report , I thought it was a joke. Treasury put Germany and Italy on its ...

J. P. Koning at AEIR writes well on the Fed's efforts to quash narrow banks, more clearly than my previous efforts here   here and her...

In the department of genuinely terrible, and terrifying, ideas, I just got the a request from Simon Youel, the Media and Policy Officer at P...

Source: Marginal Revolution This lovely picture is from  Why are the prices so D*mn High ? by Eric Helland and Alex Tabarrok. (It's ...

Farhad Manjoo writes an excellent YIMBY (yes in my back yard) essay in the New York Times, remarkably placing the blame squarely where it be...

Jeff Clemens offers a "roadmap for navigating recent research" on minimum wages in a nice CATO policy analysis .  A review and a d...

My Hoover colleague Russ Roberts just finished a nice video on inequality : Among other takeaways, he stresses that the people who were...

California, despite being a one-party state, is actively debating SB50  that would over-ride local zoning laws and allow construction of apa...

We recently watched " Free Solo ", the great movie about Alex Honnold's free (no aids, no ropes) solo climb of El Capitan. Amo...

Torsten Slok sends this lovely picture of the S&P500 and the price index for portfolio management and investment advice services. Tors...

"kevinsch" posts an remarkable essay on rent control on a  Seattle city council blog (HT Marginal Revolution ). I’m not an econo...

Holman Jenkins "Obamacare is popular because it failed" from a week ago is worth savoring and has an interesting new idea. On O...

Over the weekend, Greg Ip at WSJ wrote a   nice piece on the carbon tax . Greg addresses some common objections. This urge to stop at no...

Many blog readers have asked for my opinions of "Modern Monetary Theory." I haven't written yet, because I try to read about t...

Torsten Slok of Deutsche Bank sends along the following fascinating graphs The titles seem a little off. Yes, the market is expecting ...

David Henderson posts a thoughtful  draft op-ed by Jonathan Meer on minimum wages. Two talents of  great economists are to recognize that av...