Reviving Economics

Dedicated to dismantling the Ivory Tower and attempting, in some small way, to help revive the social science of economics.

Saturday, July 30, 2011

Who's Worse: Spending Obsessed Keynesians or Austerity Obsessed Tea Partiers?

I just can't decide which is worse, Kindergarten Keynesians like Paul Krugman - blind to the present disconnect between spending and jo...

Friday, July 29, 2011

On Economic Definitions: Recession

Media's definition: 2 consecutive quarters of negative GDP growth Economists' definition: Whenever the NBER says so.... And then ...

Thursday, July 28, 2011

Debt Debates: Who's to Blame

You could blame Republicans for not compromising You could blame Tea Partiers for their ideological wall But you'd be blaming the wr...

Friday, July 22, 2011

Various Causes of Mortgage Crisis

An interesting read.... (hat tip to Mankiw) But, one thing I've learned that may have helped exacerbate the bubble (if one believes t...

Wednesday, July 20, 2011

How much of China's GDP is pirated?

A story tells about a fake Apple store. I've had friends that have traveled to China tell me similar stories (in addition to the horri...

Monday, July 18, 2011

Why Am I Sad?

Because I could never afford to go to Hogwarts.

Wednesday, July 13, 2011

What IS the disconnect b/w Spending and Jobs?

I am still thinking on this topic. The standard Keynesian line, which I am right now listening to a summary of on today's Diane Rehm S...

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About Me

Garth A Brazelton: Indianapolis, IN; I work for the Indiana Economic Development Corporation as the Director of Operations and Business Systems, and I teach macroeconomics at Indiana University (Indianapolis). Previously, I was an Economist at the US DOT in Cambridge, MA. This blog does not represent the opinions of any of these organizations.

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