mainly macro

Brad DeLong describes himself as a Rubin Democrat, which he defines as “largely neoliberal, market-oriented, and market-regulation and tu...

Before the Christmas break David Blanchflower asked me a question on twitter: “why do you think we have seen the move to right-wing rather ...

We have already begun to hear laments that Corbyn’s second victory means the end of Labour as a broad church. This is nonsense, unless that...

John Quiggin starts a recent post on Crooked Timber (more below) with the warning ‘Amateur political analysis ahead’, and that applies even...

As many have written, although Donald Trump is despised by the Republican party establishment, he is an unintended and unfortunate creatio...

I’m afraid I did not respond to requests to talk directly about the debate over Gerald Friedman’s numbers . I think I can only cope with t...

Dear Mr. Blair We have not met, but I have talked to your former colleague Gordon a few times and I did some academic work on his 5 ...

The Sanders campaign, and reactions to it, continue to remind me of our similar experience in the UK. As I have already suggested , the com...

Shortly after the full extent of the financial crisis had become clear, I remember saying in a meeting that at least now the position of ...