A fetish for failure has been sweeping the blogosphere, the Twitterverse, and the broader market for ideas for a couple of years now. It’s ridiculous, and here’s why.
Unlike the hard sciences, macroeconomics has no airtight laws (with the possible exception of the law of supply and demand).
The presence of a pre-analysis plan can strongly affect the perception and production of statistical results.
The “intent to treat” format does not alleviate selection problems within the “intent to treat” group.
Daniel Altman offered predictions for what the global economy would look like 10, 20, 40 years down the road. How did he do with these predictions and what does it mean for economic opportunity around the world?
Today’s Medicaid could affect a small number of poor people within two years. Truly finding out how Medicaid might change their lives would take much longer. Moreover, Medicaid would change with time, too – and almost certainly for the better.
If you want to find out what the real final word is from the best thinking in economics, you finally have a place to go.
Bitcoin is just the first virtual currency to make it big – and you can bet it won’t be the last.
Big Think chief Economist Daniel Altman has a suggestion to end this long national nightmare: get rid of the corporate income tax.
The United States still has problems to resolve, but it is on a stronger economic footing than before the crisis.
There really is a chance that some of the great scientific innovations that tech evangelists have been talking about will come true. But we can't count on them.
If your house got blown away by a hurricane, you’d probably want to build a stronger house next time, right? The same should be true for financial markets. The government is regulating banks and other financial institutions more strictly now, but what else is it doing to make sure there’s no repeat ...
Last week, David Leonhardt of The New York Times offered his latest take on why poor but smart kids have trouble getting into top colleges. In the past, he wrote that the colleges didn’t pursue the kids. Now, he adds that the kids don’t apply to the colleges. Fixing this is important to our economy ...
It’s been a few months since I wrote an op-ed in The New York Times to propose a wealth tax as a way to stem the harmful rise of inequality in the United States. Because of that article and a follow-up posted on this blog, I received a multitude of other, sometimes related tax proposals from people ...
If the Fed still has room to juice the economy without threatening price stability, why doesn’t it?