The Slack Wire

Four or five years ago, I wrote a paper arguing that the US current account deficit, far from being a cause of the crisis of 2008, was a st...

It has gradually entered our awareness that the Greek trade account is now balanced. Greece no longer depends on financial markets (or offic...

Paul Krugman wonders  why no one listens to academic economists. Almost all the economists in the IGM Survey agree that the 2009 stimulus b...

On the first day of my trade class, we read Paul Krugman's article  "What Do Undergrads Need to Know About Trade?" In an admi...

This semester, I'm teaching an upper-level class at Roosevelt on international trade. Trade is an interest of mine, but not something I...

A bit more on shifting trade flows following the 1997 Asian Crisis. Enno Schroeder, whose decomposition  of European trade flows I've...

The papers are full of the rupee crisis. India's worst economy in decades, supposedly. The silver lining, according to this morning...

I put up a post the other day about Enno Schroder's excellent work on accounting for changes in trade flows. Based on the comments, th...

I just participated (for the last time, thank god) in the UMass-New School economics graduate student conference , which left me feeling pre...

Most days, I'm a big fan of Paul Krugman's columns. Unlike his economics, which makes a few too many curtsies to orthodoxy, his po...