Occupation: Economist Birth: February 28, 1953
America's political landscape is infested with many zombie ideas - beliefs about policy that have been repeatedly refuted with evidence and analysis ….
What Republicans have actually put on the table is almost nothing. All of the rest is just big talk. So how is the president supposed to negotiate wi….
I have friends, political scientists, sociologists, who all share an interest at least in certain kinds of science fiction..
Now, it’s true that some of the protesters are oddly dressed or have silly-sounding slogans, which is inevitable given the open character of the even….
I think Stockman is an interesting sort of amalgam..
I don't think I've had any great success in predicting politics or social change, nor have I really tried..
I predict that in the years ahead Enron, not Sept. 11, will come to be seen as the greater turning point in U.S. society..
The federal government is basically an insurance company with an army..
There's nothing magic about spending on tanks and bombs rather than roads and bridges..
The habit of disguising ideology as expertise has created a deficit of legitimacy..
Wealthy individuals bought themselves a radical right party, believing - correctly - that it would cut their taxes and remove regulations, but failed….
Friedrich Hayek is not an important figure in the history of macroeconomics..
[I]f one asks what substantive contributions [F. A. Hayek] made to our understanding of how the world works, one is left at something of a loss. Were….
I've always believed that a speculative bubble need not lead to a recession, as long as interest rates are cut quickly enough to stimulate alternativ….
Can we break the machine that is imposing right-wing radicalism on the United States? The scariest part is that the media is part of that machine..
The fact is that the two years or so after 9/11 were a terrible time in America – a time of political exploitation and intimidation, culminating in t….
Coming up with a good idea, with an insight into the way the world works that is really new and that you really believe in, is a deeply satisfying ex….
I know that when I look at today’s Mexicans and Central Americans, they seem to me fundamentally the same as my grandparents seeking a better life in….
People respond to incentives. If unemployment becomes more attractive because of the unemployment benefit, some unemployed workers may no longer try….
The party of ideas has become the party of Beavis and Butthead..
we should reject the attempt to divert the national conversation away from soaring inequality toward the alleged moral failings of those Americans be….