Wolfgang Munchau tells us that the unwinding of global economic imbalances may take many years. Global Adjustment Will be Long and Painful ...

Mark Thoma points us to a speech by the iconoclastic Jamie Galbraith. In the speech Galbraith criticizes mainstream monetary economics or...

This week we learn what happened to the U.S. economy in 2007:Q1. The folks at Real Time Economics argue the numbers do not add up for an ou...

1. The changing housing cycle and its implications for monetary policy. 2. Could IMF have prevented this crisis? 3. How much do we understan...

In a previous posting I reprimanded Paul Krugman for not being more cheery about the future of commodity prices. I argued human ingenuity ...

Andrew Gelman graciously takes note of my research on the business cycle and religiosity over at Statistical Modeling, Causal Inference, an...