Brad's Microblog on tumblr
A fine job of intellectual garbage collection by Menzie Chinn:
Econbrowser: The 10Q2 Advance GDP Release: Cautionary Notes from Revisions: The release was accompanied by an annual…
Paul Krugman observes that the Wall Street Journal editorial page has one use: the fact that there are poor fools—whom we pity—who believe it opens up profitable trading opportunities…
Robert Waldmann is not alarmed:
This is really getting extreme. All this discussion of the shift of the Beveridge curve is discussion of 1 (one) data point 2010Q2. Earlier points are above the…
From Left Business Observer:
The CBO’s deep, unappreciated gloom: Seven decades is a really long time to do forecasting over, since the economics profession isn’t really all that good at…
General Franz Halder’s war diary:
Britain’s hope lies in Russia and the United States. If Russia drops out of the picture America, too, is lost for Britain, because elimination of Russia would…
Hoisted from Comments: Anderw Harless writes:
Is America Facing an Increase in Structural Unemployment?:Take a closer look at the data: http://stats.bls.gov/jlt/
The rate of job openings…
Christina D. Romer answers questions from the Wall Street Journal:
Q&A: Romer Reacts to GDP Data:
Q: What can be done to make things better?
A: Romer: There’s a lot that can be done. We…
Krugman:
Inflationistas And Deflationistas: [I]t’s worth bearing in mind that the last year and a half has been a fairly clean test of alternative views about how the economy works. When the…
Why oh why can’t we have a better press corps?
Mickey Kaus claims to have a mole inside Ezra Klein’s Journolist, whom Mickey Kaus claims writes to him—for publication:
careerism… a very…
Tim writes:
Rising NAIRU?: [T]he long term challenge may already be upon us. David Altig puzzles over the implications of a shifting Beveridge curve…. He… hones in on the possibility of…
Brett Michael Dykes:
Deepwater Horizon worker: Fire alarm was intentionally disabled before explosion: Testifying before a federal panel investigating the Deepwater Horizon explosion,…
We are live at Project Syndicate: John Stuart Mill vs. the European Central Bank:
One of the dirty secrets of economics is that there is no such thing as “economic theory.” There is simply no…
Numerology is not a science. And there is no reason to think that 21% is a particularly auspicious number.
Matt Miller—like me, part of the sensible, technocratic bipartisan center—looks at…
