Circular Firing Squads, Elephants in the Room, and Dead Parrots
Krugman vs. Sanders
America as a Lottery
In a series of recent works on the rise of inequality in the United States and other countries, economists have proposed a number of policies that might help reverse current trends. But critics of Joseph Stiglitz, Paul Krugman and Thomas Piketty also often complain that their proposals aren’t feasible ...
The Trade Deficit: Beyond the Myth of Currency Manipulation
The US has run a massive trade deficit for over 30 years. In recent times, there has been a growing chorus of commentators who seek to place the blame on our trading partners, most notably China, just as in an earlier time others had targeted Japan and Germany. It is ...