Reviving Economics

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

Friday, December 6, 2013

Frosty The Snowman Exemplifies Exogenous Money

Frosty the Snowman was on TV tonight. So of course I watched it. One of my favorite lines in this Christmas classic is in the following c...

Sunday, November 10, 2013

Obamacare: Biggest Issue is Monopoly Power

Obamacare: I have no interest in the political rhetoric. Yes, the website sucks now. Yes, Obama either did not know or knowingly lied ab...

Wednesday, November 6, 2013

While We Are On The Subject of Stupid Theories

Rational Expectations

Wednesday, October 23, 2013

Crowding Out And Its Relation To Bullshit

A topic I've been hearing from some of my conservative friends is a refrain often found in mainstream macroeconomic textbooks - crowding...

Thursday, October 17, 2013

The True US Debt Burden

In macroeconomics, it is often taught that that the US debt burden (ie., the metric we should gauge how concerned we should be about the nat...

Thursday, October 10, 2013

How Classical Economics Misleads On "Government Debt"

The classical model is mandatory reading for most macroeconomics classes. I teach it because I have to, but I teach it in a way that the ...

Wednesday, September 25, 2013

"Gender Gap"

The gap exists, but is it a problem? Women make 20+% less than men depending on what study you point to. Ok. So what. Just saying it, d...

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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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