Here's an update through Jan 2009. Pessimistic interpretation: 2008 is 1/2 as bad as 1929. 1/2 of the Great Depression would not be good.
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Supply and Demand (in that order)
The basic tools of supply and demand -- presented and extended in Chicago Price Theory -- help immensely to understand and predict everyday events in our world. These events relate to, among other things, macroeconomics, fiscal policy, health and labor markets, and industrial organization.
Topics
- labor market (324)
- nytimes (262)
- housing market (186)
- economic outlook (177)
- fiscal policy (134)
- ACA (121)
- public policy myths (109)
- fun stuff (67)
- fiscal stimulus = waste of money (62)
- regulation (61)
- banking crisis (60)
- unemployment insurance (59)
- mortgage modification (56)
- bailout (53)
- competition in the public sector (53)
- productivity (52)
- anti-poverty programs (48)
- inflation (46)
- health economics (45)
- marginal tax rates (44)
- 1930s comparison (33)
- The Redistribution Recession (33)
- minimum wage (31)
- research paper updates (27)
- tax incidence (27)
- marginal product of capital (23)
- CEA (22)
- covid19 (20)
- side effects (20)
- seasonal cycle (18)
- President Trump (17)
- food stamps (17)
- industrial organization (16)
- ERP (14)
- list: employment-reducing policies (13)
- Milton Friedman (12)
- Massachusetts (11)
- automated economic reasoning (11)
- Chicago Price Theory (10)
- environment (10)
- part-time employment (10)
- stimulus law reduces supply (10)
- international comparisons (9)
- opioid epidemic (8)
- socialism (8)
- TheHill.com (7)
- antitrust (7)
- robots (7)
- Cuba (6)
- Keynes (6)
- Medicare for All (6)
- communism (6)
- income inequality (6)
- national accounts (6)
- population economics (6)
- 2016 election (5)
- Marxism (5)
- UK (5)
- book review (5)
- conscription (5)
- price controls (5)
- Furman ratio (4)
- Puerto Rico (4)
- You're Hired! (4)
- elections (4)
- insurance economics (4)
- international trade (4)
- marriage tax (4)
- monetary economics (4)
- James Tobin (3)
- WWII (3)
- childcare (3)
- Brookings Institution (2)
- Gary Becker (2)
- Ireland (2)
- Israel (2)
- President Reagan (2)
- behavioral economics (2)
- development economics (2)
- eminent domain (2)
- labor unions (2)
- law and economics (2)
- obituaries (2)
- parler (2)
- paternalism (2)
- ChatGPT (1)
- Emmanuel Saez (1)
- Illinois economy (1)
- Japan (1)
- John F. Kennedy (1)
- Leibniz (1)
- Marshall (1)
- Santelli (1)
- Texas (1)
- Ukraine (1)
- Venezuela (1)
- Washington bubble (1)
- academic freedom (1)
- chicago (1)
- computing tips (1)
- econometrics (1)
- equilibrium analysis (1)
- federal reserve (1)
- household economics (1)
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- sports economics (1)
- teaching (1)
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Blog Archive
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2009
(392)
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February
(41)
- Finding the Heavy Mortgages
- cnnmoney survey of small business
- Washington Post misreports BEA release
- Real Personal Income GREW at 3.4 percent/year
- Nominal GDP and the Deflators
- Productivity Revision
- 6.2 percent!
- "It’s Obama spreading panic" says Dick Morris
- Deflation – Let’s Not Try That Again!
- Housing Prices in 2009
- The Week's GDP Report
- Improving the Allocation of Water
- Inflation Resumes
- Still More Evidence Against the Credit Crunch
- Yet More Evidence of the Treasury's Impotence
- Obama and Bush Congratulate Each Other on Bad Policy
- Terms of Trade Improve Further in Jan
- Update: Industrial Production in 1929 and 2009
- Real Investment in 2008: Just a Run-of-the-Mill Re...
- The False Alarm of 2008 Continues
- What Caused the Recession of 2008? Hints from Lab...
- Economists' Full Employment
- Professor Nunes compares consumer activity across ...
- My Economic Model -- Fall 2008 and Now
- Retail Sales Rise in Jan
- Credit Crunch Hard to Find in the Investment Data
- More Proof that Banks did not Need the Bailout
- How Long Until the Stock Market Fully Rebounds?
- Crowding Out: Becker and Murphy Agree with Me
- Aggregate Hours Decline Less than They have in any...
- 134 million floor
- On-Line Revenue Hype
- Productivity Marches Ahead
- Crunch Breeds New Banks
- Working with Prof Nunes on the Monthly Data
- The Spending Myth
- Working with the Monthly Data
- A Commercial Real Estate Crisis? Probably Not
- A Robust Fiscal Policy Proposal
- To Watch in February
- Media Trims GDP stats
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February
(41)
About Me
- Casey B. Mulligan
- Chicago, IL, United States
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