The Slack Wire

Over here, a huge stack of exams, sitting ungraded since… no, I can't say, it's too embarrassing.  There, a grant proposal that exte...

The Euro crisis. One thing sensible people agree on is that the crisis has little or nothing to do with fiscal deficits  (government borrowi...

Brad DeLong channels Milton Friedman: Supply and demand curves are never horizontal. They are never vertical. If somebody says that quanti...