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Macro Model Comparison Research Takes Off

Last week a new Macroeconomic Modelling and Model Comparison Network (MMCN) was launched with a research conference at Goethe University Frankfurt. Economists from the IMF, the Fed, the ECB, and other central banks presented and compared policy models along with … Continue reading

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Principles of Economics 8.0: Lower Price and Better Format

I’m really excited about the 8th Edition (I should say Version 8.0) of my introductory economics text with Akila Weerapana because it comes from a new publisher, FlatWorld, and will be sold at a much more reasonable price—only 10% to 25%, … Continue reading

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Another Takeaway from the Trump Trip: Targeting Terrorist Financing

Many (see here, here, here, and here) are listing takeaways from President Trump’s trip abroad, such as the unusual pomp and circumstance in Saudi Arabia, the unprecedented non-stop flight from Riyadh to Jerusalem, the significance of the follow-up leg to Rome, and … Continue reading

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Jobs, Productivity, and Jeb Bush’s Tax Plan

As a matter of accounting, there are two way to increase U.S. economic growth and thereby boost incomes of Americans: increase productivity and increase jobs.  As economists put it, the rate of economic growth equals the rate of productivity growth … Continue reading

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Education Performance for Minorities: California vs. Texas and Elsewhere

I have heard more people talk about leaving California this year than at any other time in the past three decades, and I know quite a few who have already left, several for the second biggest population state, Texas, but … Continue reading

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