There's One Thing That The Fed Has

If You Want To Understand Opposition To Climate Action, Follow The Money.

Our Popular Economics Writers, However, Are Not In The Business Of Giving Their Readers A Ringside Seat On The Research Action; With No Exception I Can Think Of, They Use Their Books To Do An End Run Around The Normal Structure Of Scholarship, To Preach Ideas That Few Serious Economists Share. Often, These Ideas Are Not Just At Odds With The Professional Consensus; They Are Demonstrably Wrong, And Sometimes Terminally Silly. But They Sound Good To The Unwary Reader.

As An Economics Professor I Am By Nature Inclined To The View That The Truth Isn't Out There, It's In Here - That Usually You Learn A Lot More By Thinking Really Hard About The Data Than You Do By Sniffing Around For Supposedly Inside Information.

What Republicans Have Actually Put On The Table Is Almost Nothing. All Of The Rest Is Just Big Talk. So How Is The President Supposed To Negotiate With People Who Say, 'here's My Demands. By The Way, I Can't Give You Any Specifics. Just Make Me Happy'?

On The Political As On The Economic Front It's Important Not To Fall Into The "not As Bad As" Trap. High Unemployment Isn't O.k. Just Because It Hasn't Hit 1933 Levels; Ominous Political Trends Shouldn’t Be Dismissed Just Because There’s No Hitler In Sight.