Mark Thoma
Mark Thoma's Latest Articles | 230
Structural Unemployment or Not, Jobs, Jobs, Jobs is Part of the Answer
I don’t think the idea that the unemployment problem is mostly structural stands up to the evidence, see here for example, but for the sake of argument suppose... Read »
Austerity Can Wait for Sunnier Days
Here’s the argument for austerity that seems to be winning in Washington. This is Carmen Reinhart at the recent INET conference at Bretton Woods: Her argument,... Read »
Aspirational Goals Can Distort Policy and Make Us Worse Off
John Taylor encourages policymakers to shoot at unattainable economic growth goals. But he of all people should know that when the Fed targets output growth in... Read »
Proposed Cuts to the WIC Nutrition Program Bassed Upon False Information
Apparently, some members of Congress think the phrase “women and children first” applies to budget cuts. Even worse, the proposed cuts are based upon... Read »
The Republican’s Fuzzy Line for Medicare Privatization
In their Medicare reform proposals, Republicans used to say that: our budget ensures no changes for those 55 years old or older That, for example, is a feature... Read »
Are All Labor Market Matching Problems Structural?
I had a radio interview not too long ago on cyclical versus structural unemployment, and in rereading some old posts on the topic I came across this statement ... Read »
What’s Barney Frank Thinking?
Taking a break from conference activities to note that this is a bad idea: Frank Introduces Bill to Concentrate Fed Power in DC, by Luca Di Leo, WSJ: U.S. Rep. Barney... Read »
Don’t Let Fiscal Policymakers Off the Hook
The recent focus on Ben Bernanke and the Fed, in particular what more could be done to help the economy and the unemployed, takes the pressure off of fiscal policymakers.... Read »
Austerity Means Less, Not More
UK, Not OK, by Paul Krugman: The bad GDP number for the UK isn’t a surprise — in fact, judging from market response, investors seem to have expected something... Read »
Increasing Taxes on the Wealthy is Unfair?
Matthew Yglesias via Brad DeLong: Have We Won the Empirical Debate About Economic Policy, by Brad DeLong: Matthew Yglesias: Yglesias » Pity For The Rich: You can... Read »







