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QE-ternity and Beyond

Michael Farr | Posted 09.21.2012 | Business
Michael Farr

Surprise! The Federal Reserve did something pretty much no one thought they would do: they announced dramatic additions to monetary accommodation less than two months before the elections.

Mark Gongloff

How A Nasty Election Could Wreck The Economy | Mark Gongloff | Posted 08.24.2012 | Business

Like most Americans, you're probably thoroughly enjoying the nasty 2012 presidential election. We just can't get enough of the rape gaffes and the bir...

Economics: The Psychologically Naïve Science

Ian I. Mitroff | Posted 10.09.2012 | Politics
Ian I. Mitroff

Why do those at the very bottom rungs of society often oppose, again in the most violent terms, government health care? Because, if one accepts such aid, then one finally has to admit that one is indeed at the very bottom. And that is far too painful to do. Irrational? Perhaps.

Crude Awakening

David Crisanti | Posted 10.08.2012 | Business
David Crisanti

This week's headscratcher from the WSJ op-ed pages came Friday, titled "Who Really Gets Rich off High Gas Prices?" Oil companies and countries that ...

I'd Run Barclays for $1 Million!

Laurence J. Kotlikoff | Posted 09.11.2012 | Business
Laurence J. Kotlikoff

Dear Remaining Members of the Barclays Board, I heard you're having some senior personnel problems.

Paul Krugman: Sign My 'Manifesto For Economic Sense'

The Huffington Post | Khadeeja Safdar | Posted 06.28.2012 | Business

Paul Krugman is upset by the way governments have handled the economic crisis and he wants other economists to be upset too and then sign something ju...

Rocky Start, How More New Businesses Get Started

The Huffington Post | Nate C. Hindman | Posted 06.25.2012 | Small Business

A lousy economy apparently has one upside: It inspires entrepreneurs, says a new report. Fifteen percent of entrepreneurs launched their own ventur...

What Have Economists Learned About Indigenous Peoples?

Marcelo Giugale | Posted 08.21.2012 | World
Marcelo Giugale

Does attachment to cultural values and traditions that never change help you or hurt you in a market economy that is always changing?

Central Banking, Economics and Populism

Robert Teitelman | Posted 07.03.2012 | Business
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 | Business

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 06.21.2012 | Business

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 06.19.2012 | Business

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 06.16.2012 | Business

* 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 | Business
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 | Business

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 | Mark Gongloff | Posted 02.24.2012 | Business

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 | Politics
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 | Business

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 | Media
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 | Media
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 | Fifty

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 | Alexander Eichler | Posted 12.09.2011 | Business

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 | Small Business

(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 | Business

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 | Business
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.