ECONOMY

I talk with Gerry Baker

Name: Greg Mankiw Location: United States I am the Robert M. Beren Professor of Economics at Harvard University. I use this blog to keep in

ECONOMY

Glow in the Dark Flowers!

I love these glow-in-the-dark petunias. Aside from the novelty, they speak to science and progress! The petunias were genetically modified to incorporate genes from a

ECONOMY

Harvard faculty put their money where their mouths are

Name: Greg Mankiw Location: United States I am the Robert M. Beren Professor of Economics at Harvard University. I use this blog to keep in

ECONOMY

This is Vindication???

Joe Nocera has a strange piece in the Free Press arguing that the “godfathers of protectionism” have been vindicated. It begins with a story about

ECONOMY

Has Clothing Declined in Quality?

The Office of the U.S. Trade Representative (USTR) recently tweeted that they wanted to bring back apparel manufacturing to the United States. Why would anyone

ECONOMY

Lifetime Expected Consumption

What does it mean to be wealthy and how should we factor in say, life expectancy? Lyman Stone offers an interesting measure, lifetime consumption, taking

ECONOMY

The Public Choice Outreach Conference

There are just a few spots left for the Public Choice Outreach Conference! Do encourage your students to apply!   The post The Public Choice

ECONOMY

Safe No More? Two Pictures

Prepping slides for macro, found these interesting correlations. First, how the strength of the dollar correlates with the Treasury 10 year yield, daily 2015-23 April

ECONOMY

Rising Expected Unit Cost Inflation Quantified

From Atlanta Fed: Figure 1: Business unit costs (blue), and consumer prices (tan), year-on-year expected change, %. Source: Atlanta Fed, NY Fed.  Expected year-on-year changes

ECONOMY

Why Aren’t You Calling? (Trump to Beijing)

From Bloomberg, “Trump Presses China to Make Tariff Offer to Calm Trade War”: “The ball is in China’s court. China needs to make a deal