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Everybody's talking about deflation all of a sudden. I was a month and a half early , I guess. (Okay, okay, it was a footnote, but sti...

"Reckless, booming anarchy," in short, produced fundamental progress. It was not a stable system, racked as it was by bank failur...

Surowiecki has an interesting take on the obvious up on his New Yorker blog. And I don't mean that in a bad way: it seems economists c...

I was basically writing this exact same thing: economics as a science is a poor excuse for science (hat tip to Kedrosky ... again.) Economi...

Okay, last post for a while on the economy. Macroeconomics fascinates me, mainly because I think it's about as well-developed as psycho...

I read today that the market is at its lowest level since 2003. As a percentage of GDP (which calculation has the benefits of automatically...

I thought this was going to be more comforting than it turned out to be. Although, I have to say that it's a lot more comforting now tha...