Economists

Central Banking, Economics and Populism

Robert Teitelman | Posted 05.03.2012

Robert Teitelman

Just like central banking, economics wants to speak politically, but doesn't necessarily welcome a response. In Krugman, it sometimes comes across as condescension. At the Fed, it can appear more sinister.

Is Your Paycheck Killing You?

Posted 05.01.2012

Wish you could predict the exact moment when you're going to die? Well, you probably can't. But you might be able to get a hint thanks to the work of ...

The Danger Of Letting Markets Control Everything

Wall Street Journal | Posted 04.21.2012

Economists don't really like presents. They think they are irrational. No gift giver can know what another person wants most, and any present is just ...

Why The Jobs Recovery May Not Be A Slam Dunk

AP | CHRISTOPHER S. RUGABER | Posted 04.19.2012

WASHINGTON — The number of people seeking U.S. unemployment benefits suggests hiring is slowing. The Labor Department said Thursday that weekly...

Agency Looks To Economists To Justify Rules

Reuters | Posted 04.17.2012

* Memo shows agency trying to improve cost-benefit analysis * Courts have overturned SEC rules for poor analysis * Memo ...

Can We Please Stop Giving This Man Important Jobs Now?

Mark Gongloff | Posted 04.30.2012

Mark Gongloff

What exactly does Larry Summers have to do to stop being offered important jobs? Hold up a liquor store? Kill a guy? That is the question many are as...

Obama's Revenge: Seven And A Half Things

The Huffington Post | Mark Gongloff | Posted 02.27.2012

In the year 2525, you will still need to know only seven and a half things each day. Here they are: Thing One: Great-Like Expectations: You may hav...

Mark Gongloff

Economists Sneer At Your Higher Gas Prices

HuffingtonPost.com | Mark Gongloff | Posted 02.24.2012

So everyone in the world is worried about high gas prices. Or not. Because they really matter. Or not. That sums up the current razor-sharp state o...

Rebutting Kris Kobach at CPAC

Alex Nowrasteh | Posted 04.18.2012

Alex Nowrasteh

Solving the illegal immigration problem requires solving the legal immigration problem. If a quick and legal pathway to immigrate similar to Ellis Island were revived, unauthorized immigration would virtually disappear.

Economists Predict Election Day Unemployment Rate

AP | By PAUL WISEMAN and DEREK KRAVITZ | Posted 02.26.2012

WASHINGTON -- The U.S. economy will grow faster in 2012 – if it isn't knocked off track by upheavals in Europe, according to an Associated Press...

Andersen and DeLong Review the Past

Robert Teitelman | Posted 02.13.2012

Robert Teitelman

Cultural criticism and comparisons has no method, no restraints, beyond the subjective view of the observer. It's about entertainment, the flicker of images, the ransacking of the past. You can't take it seriously.

Bill Keller for Dummies

Yvette Kantrow | Posted 02.09.2012

Yvette Kantrow

It's not only uncool to understand economics, but sort of cool to know nothing. After all, blissful ignorance frees you to think outside the box and propose all sorts of kooky ideas without worrying about potential consequences.

12 Days Of Christmas: $101,119.84!

The Atlantic | Posted 12.09.2011

Every year, the wonderfully dorky economists with PNC bank celebrate "The 12 Days of Christmas" the way only wonderfully dorky economists could. They ...

Alexander Eichler

Jay Carney: Economists Didn't Know How Bad The Recession Would Get

HuffingtonPost.com | Alexander Eichler | Posted 12.09.2011

White House Press Secretary Jay Carney made a surprising assertion on MSNBC Wednesday, saying that in early 2009, as Barack Obama was taking office, t...

Private Firms Added More Jobs Than Expected In October

Reuters | Posted 01.03.2012

(By Leah Schnurr) - Private employers added more jobs than expected last month, though the lack of robust labor market growth reinforced the Federal R...

Jobless Claims At Lowest Monthly Average In Half A Year

Posted 12.20.2011

New claims for unemployment benefits fell last week and a gauge of labor market trends hit a six-month low, a government report showed on Thursday...

Stagflation Risk and What This Means for Stocks

Gemma Godfrey | Posted 12.19.2011

Gemma Godfrey

As the outlook for growth continues to deteriorate, whilst the price for goods and services remain stubbornly high, the risk of stagflation returns. This would be a tough scenario, where policy options tackling one of these issues would only worsen the other.

Growth Theorists Likely To Win Nobel For Economics, Experts Say

AP | MALIN RISING | Posted 12.09.2011

STOCKHOLM — Researchers who study economic growth and how technology helps drive long-term development are among the top contenders for the Nobe...

States Losing The Most Jobs To China

24/7 Wall St. | Charles B. Stockdale, Douglas A. McIntyre | Posted 11.22.2011

From 24/7 Wall St.: China is taking American jobs, labor unions, politicians and economists, have accused for some time. The logic is simple. While a ...

Prediction and Its Discontents

Robert Teitelman | Posted 11.08.2011

Robert Teitelman

Living through the last decade has been one tutorial after another on the failure of prediction, in particularly, but not exclusively, the failure of markets to see around the corner.

Don't Ask Economists What Caused The Financial Crisis

The Fiscal Times | MARK THOMA | Posted 10.31.2011

What caused the financial crisis that is still reverberating through the global economy? Last week’s 4th Nobel Laureate Meeting in Lindau, Germany ...

Economists Prefer Cuts Over Taxes, Survey Finds

AP | Posted 10.21.2011

NEW YORK -- The majority of economists surveyed by the National Association for Business Economics believe that the federal deficit should be reduced ...

Manufacturing Sector Latest Sign Of Economic Gloom

Posted 10.01.2011

The pace of growth in the manufacturing sector slowed more than expected in July, according to an industry report released on Monday. The Insti...

How To Kill The U.S. Recovery

Time | ROYA WOLVERSON | Posted 08.15.2011

Take the latest Wall Street Journal economic forecasting survey: Economists put the chances of a double-dip recession in the next year at a mere 16%. ...

Dealing With the Unemployment Problem

Robert E. Prasch | Posted 08.14.2011

Robert E. Prasch

In light of the size of the problem, its cause, and duration, the most obvious, efficient, and effective way to secure jobs for the mass of the unemployed is to have the government hire them.