Trade, Tariffs, and Soybeans
Trump has consistently claimed that exporters, those countries who are “ripping us off,” are paying the tariffs. However, the actual data tell a different story.
[This post's "possibly irrelevant image" is a detail from the cover of the new edition of
(1) The House that Set off the National Furor over Faulty Foreclosures: That's how a great article in
(1) "Foreclosuregate" and the too-big-to-fail banks: The blogosphere is abuzz about the trouble the big banks seem to
(1) Emmanuel Saez wins a MacArthur fellowship. With co-author Thomas Piketty, Saez has done great research on income inequality in
(1) Follow-up on yesterday's post: If you didn't get your fill of the controversy about the
I have been meaning to blog about a lot of stuff recently, and I hope to do another post tomorrow
(1) Recession Ended in June '09, Declares NBER: The Business Cycle Dating Committee of the National Bureau of Economic
Animal Spirits: How Human Psychology Drives the Economy, and Why It Matters for Global Capitalism, by George Akerlof and Robert
Two new studies debunk the idea, prevalent in these days of threatened austerity, that public employees are "overcompensated."
(1) Basel III Underwhelms. Global banking regulators came out with new rules on Sunday, mostly regarding capital reserves. Here'
(1) What we would like Obama to do: From Thomas Palley's contribution to Martin Wolf's Economists&