Mark Thoma

Mark Thoma

MARK THOMA is a macroeconomist and time-series econometrician at the University of Oregon. His research focuses on how monetary policy affects the economy, and he has also worked on political business cycle models and models of transportation dynamics. Mark blogs daily at Economist's View

Recent Stories By Mark Thoma:

  • Why We Need a Fiscal Policy CommissionAugust 23, 2016

    During the Great Recession, monetary policymakers were aggressive and creative in their attempts to revive the economy. I wish they had been even more aggressive, and at times they were a bit slow to...

  • The Failure of the Market for Presidential CandidatesAugust 9, 2016

    Almost all economists believe in markets, and the tools economists use to analyze markets can be applied to a surprisingly large number of social interactions. Our attempts to use economics to...

  • Economists, Blogs, and Donald TrumpJuly 26, 2016

    This column can be credited to (or blamed on) George Bush.  During the presidential campaigns before the 2004 election, I was very unhappy with the coverage of Bush’s economic proposals in the press...

  • New Economic Thinking Is Needed to Stop Party Crashers Like TrumpJuly 12, 2016

    After the positive employment report last week, we are hearing that faster wage growth may be “around the corner.” This is not the first time this hope has been raised, but workers have not yet...

  • Why the Public Has Stopped Paying Attention to EconomistsJune 28, 2016

    The predictions from economists about the consequences of Brexit were widely ignored. That shouldn’t be surprising. In recent years the public has lost faith the in the economics profession. One...

  • The Fed Should Wait for Clarity Before Raising RatesJune 14, 2016

    Most analysts believe that the Fed will leave interest rates unchanged when it concludes its two-day monetary policy meeting this week. Let’s hope so. Both inflation and inflationary expectations...

  • Yes, Nick Kristof, There Is a Conservative Bias in EconomicsMay 31, 2016

    Nicholas Kristof recent reignited the debate over liberal bias in academia with his claim that “universities risk becoming liberal echo chambers and hostile environments for conservatives.” He does...

  • Economic Models Must Account for ‘Who Has the Power’May 17, 2016

    Nobel Prize winning economist Joseph Stiglitz recently highlighted two schools of thought on how income is distributed to different groups of people in the economy. Which school is correct has...

  • How Slow Economic Growth Could Thwart a Clinton PresidencyMay 3, 2016

    Much has been written about the economic consequences of the slowdown in economic growth in recent years, but what about the political implications? If the slowdown continues, and there is reason to...

  • Reducing Long-Term Unemployment: Perfect Is the Enemy of the GoodApril 19, 2016

    One of the most important economic challenges we face is reducing long-term unemployment. Presently, the percentage of people who have been searching for a job for more than 26 weeks is 26.7 percent...

  • What Bernie Sanders Gets RightApril 5, 2016

    A little over a year ago, Bernie Sanders expressed one of the themes of his presidential campaign in a speech at the Brookings Institution: “We are moving rapidly away from our democratic heritage...

  • GOP Candidates Would Sacrifice the Social Safety Net for Tax CutsMarch 22, 2016

    In a recent interview with CNBC, House speaker Paul Ryan said:  “I believe that if we do not prevent Medicare from going bankrupt, it will go bankrupt. And that will be bad for everybody. We have to...

Mark Thoma Directory

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Tuesday, July 26, 2016 - 5:15am
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Tuesday, December 16, 2014 - 5:15am
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Tuesday, September 16, 2014 - 5:15am