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Friday, March 5, 2021

Debt and Deficits: Nostalgia for the 1980s

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Back in the mid-1980s, the federal government under the Reagan administration ran what were widely considered to be excessive and risky budg...
Wednesday, March 3, 2021

Teaching Current Monetary Policy

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Most of the ingredients of the standard intro econ class have been pretty stable for a long time: opportunity cost and budget constraints, s...
Tuesday, March 2, 2021

Putting Monetary Values on Health Costs of Coronavirus

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W. Kip Viscusi delivered the Presidential Address at the (virtual) Southern Economic Association meetings last November on the subject "...
Monday, March 1, 2021

The Coming Evolution of Electric Power in the US

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Even readers who are only experiencing the Texas electricity disruptions from afar may wish to consider a new report from an expert panel at...
Thursday, February 25, 2021

India: Pivoting from the Pandemic to Economic Reforms

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Each year, the Economic Division in India's Ministry of Finance publishes the Economic Survey of India (January 2021). The first volume...
Wednesday, February 24, 2021

Robert J. Gordon: Thoughts on Long-Run US Productivity Growth

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Leo Feler has a half-hour interview with Robert J. Gordon on "The Rise and Fall and Rise Again of American Growth"  (UCLA Anderson...
Tuesday, February 23, 2021

Including Illegal Activities in GDP: Drugs, Prostitution, Gambling

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The current international standards for how a country should compute its GDP suggest that illegal activities should be included. Just how to...