Recent Blog Posts
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The Times' Rorshach Geithner Story
Apr 27 20099:04am EDT -
Sinking Animal Spirits
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Counter-cyclical Urban Policy
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Be Your Own Counterfeiter
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Being Tim Geithner
Apr 25 200912:04pm EDT -
Notes From a Press Conference Naif
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What Good is the News?
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Stressful Enough
Apr 24 20092:04pm EDT -
Not Regretting the Pound
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Introducing the New Ford Squeeze
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Non-Economic Questions of the Day
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The Stress Test Blind Alley
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Happy Hour
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Recovery Without Rebalancing
Apr 23 20096:04pm EDT -
The Shape of Your Recession
Apr 23 20095:04pm EDT
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Nov 14 2007 12:00am EDT
Auto Industry Chart of the Day
If the Harvard faculty is remotely representative of anything, then Detroit is doomed.
Interestingly, Greg Mankiw's BMW 330xi gets about 17 MPG, in the city, and emits 9.2 tons of greenhouse-gas emissions per year. Does he not believe that his beloved carbon tax will be implemented in practice? Does he plan to sell his car if and when such a thing happens? Or is he so attached to it that he's OK with the large internal and extermal costs of driving it?
Also, don't Harvard students learn to put units on their y-axes these days?
(Via Mankiw, of course)
