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Whenever I think about this topic, I am reminded of a line from Mean Girls:
Gretchen: That is so fetch!
Regina: Gretchen, stop trying to make fetch happen! It’s not going to happen!
Here’s my version:
Policitians, pundits, etc.: Blah, blah, blah, trickle-down economics, blah, blah…
Economists: Stop trying to make trickle-down economics happen! It’s not going to happen!
It [...]
Tags: Macroeconomics · Policy
A number of readers emailed, tweeted, sent carrier pigeons, etc. to ask what I had to say regarding a recent NYT op-ed piece by George Loewenstein and Peter Ubel that discusses the limitations of using behavioral economics to drive policy. The authors summarize their central thesis as follows:
But the field has its limits. As [...]
Tags: Behavioral Econ · Policy · Reader Questions
I wrote last year about how my BFF Rush Limbaugh doesn’t like taxes:
Personal income taxes for the uhh…upper middle class and the rich are about to skyrocket 31 percent for all New Yorkers making more than $500,000 a year. So I’ll tell you what I’m gonna do, I’m gonna look for an alternative studio somewhere [...]
Tags: Buyer Beware · Follow Ups · Fun With Math · Policy
I was gonna write this post, until I got high
I was gonna get up and find my notes, But then I got high
My post is still not done and I know why, (why man) ‘cuz I got high
Because I got high
Because I got high
– Afroman, with a little help from econgirl
Normal people procrastinate by [...]
Jon Stewart often makes insightful economics-related comments on his show. Now I think that that’s because he has Nouriel Roubini, um, on retainer:
The Daily Show With Jon Stewart
Mon - Thurs 11p / 10c
Tags: Macroeconomics · Policy · The Simpsons