I have read The sardine economy five times and I still cannot tell if it is sheer economic idiocy or an absolutely brilliant piece of satire. I am afraid ... Read More

Although we all would like to earn arbitrage profits, there probably aren't too many real-world opportunities to do so. I guess I am one of those people who believes ... Read More

To absolutely no one's surprise the Fed is standing pat on interest rates: Information received since the Federal Open Market Committee met in April suggests that the pace of economic contraction ... Read More

It appears Canada avoided deflation for now: Canada’s annual rate of inflation edged higher in May due to lower energy prices than a year earlier that outweighed a rise in food ... Read More

Keith Hennesey wonders Will the stimulus come too late?: I began this blog at the end of March after the stimulus bill had become law. I had been struck by ... Read More

Last week I gave my views on peer review and the authoring process. Turns out I am not the only one who has problems with the status quo. ... Read More

John Whitehead disagrees with Greg Mankiw: The worst blog post title of all time? My nominee: * Cap-and-trade looks worse and worse, Greg Mankiw's Blog As the post goes on ... Read More

As someone who works in the 'real world', I have to admit I am having trouble finding sympathy for this viewpoint: Today I got a "gentle reminder" that my review was ... Read More

In response to the post: Who Are the Most Effective Economics Instructors?, Craig Newmark writes: I haven’t read the book, either, but here’s my guess at a big part of what’s ... Read More

In response to this piece on the legalization of marijuana I have been getting a number of reader e-mails on the subject - often several a day. It seems unfair to ... Read More

From Cafe Hayek: The stimulus package was signed into law February 17th with great urgency and fanfare. As of May 22, a total of $35.9 billion has been spent. In a ... Read More