The Role of Experts in Public Debate
How experts, as in economists, wrap themselves in a mantle of jargon and supposed superior insight to promote policies that screw workers.
Read more...Category Archives: Dubious statistics
Diversity and Public Goods: The More We Mix, the Better
Making diversity work is a challenge, but it can be done.
Read more...February Jobs Report: Hitting on All Cylinders but Wages
Economists and the Fed are declaring victory on jobs while merely delivering yet more stagnant real wages. Nicely played!
Read more...Performance in Mixed-Sex and Single-Sex Tournaments: What We Can Learn From Speedboat Races in Japan
How much credence should we give to studies on sex-related performance differences?
Read more...Bill Black: Kenneth Arrow’s (Ignored) Impossibility Theorem
Nobel Prize winner Kenneth Arrow’s most celebrated theorem illustrates why economics isn’t just wrong-headed but actually destructive.
Read more...When the IMF Evaluates the IMF
A recap of where the IMF admits that it screwed up. Also points out how the IMF overlooked a core methodology prone to errors and gaming.
Read more...Prospects for Further Meaningful Wage Growth Are Dimming
Why the outlook for wage growth isn’t as sunny as the business press would have you believe.
Read more...“Inflation’s Comeback”
Some at-times unintentionally revealing Serious Economist discussions of inflation risk.
Read more...Will Trump Administration Let the IMF Escape from the Next Greek Bailout?
The IMF is at odds with the rest of the Troika about whether Greece can shoulder its debts. Will the IMF be forced to fund the next bailout?
Read more...How Obama Framed Trump with Faux Mortgage Insurance Rate Decrease
There are many things for progressives to criticize Trump about. The Obama mortgage deduction sleight of hand isn’t one of them.
Read more...Three Theories Behind the Global Productivity Slowdown
A discussion of mainstream views on productivity growth slippage, plus a pet theory from Yves.
Read more...Baby Boomers Retirement Begins To Drain Cash in the US
Baby boomers must start retirement account withdrawals at age 70 1/2 and some do earlier of necessity. Will that affect markets?
Read more...Finance and Growth: The Direction of Causality
Too much finance is highly correlated with slower growth. But which comes first?
Read more...Bill Black: Obama Loved Austerity and the New Democrats Remain Addicted to It
Black blasts Obama for prescribing austerity and presenting it as good for Americans when it is good only for financiers and the rich.
Read more...Does Immigration Boost Growth? A Look at Data From Around the World
Comparative data on immigration doesn’t support the tidy economists’ story that it good for growth…at least not recently.
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