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 the Working Class Is Choosing Trump and SandersFebruary 9, 2016

    Donald Trump recently defended Social Security, Medicare, and Medicaid: “Every Republican wants to do a big number on Social Security, they want to do it on Medicare, they want to do it on Medicaid....

  • Bernie Sanders Says He’s a Democratic Socialist. Here’s What That MeansJanuary 26, 2016

    What, exactly, does Democratic presidential candidate Bernie Sanders have in mind when he asks on his website if we are “Ready to Start a Political Revolution?” He has proclaimed unabashedly that he...

  • 3 Ways to Help the Working ClassJanuary 12, 2016

    According to the most recent employment report, the economy created 292,000 jobs in December, and the employment to population ratio, a key measure of the health of the labor market, increased to a...

  • Donald Trump’s Divisiveness Is Bad for the EconomyDecember 15, 2015

    White House spokesperson Josh Earnest described Donald Trump as “offensive and toxic,” though that only begins to describe the corrosive effect his bigotry, divisiveness, and xenophobia have on our...

  • The New Supply-Side EconomicsDecember 1, 2015

    Traditionally, macroeconomic policy has been divided into two distinct types. The first type, stabilization policy, attempts to keep output and employment as close to their full employment levels as...

  • An Essential Part of Job Creation Policy Is MissingNovember 17, 2015

    The presidential candidates from both parties have focused on the struggles of the working class, and rightly so. Inequality has been rising, jobs have been hard to find, and when jobs do appear they...

  • Are Economists Driven by Ideology or Evidence?November 3, 2015

    Which is more important in determining the policy positions of economists, ideology or evidence? Is economics, as some assert, little more than a means of dressing up ideological arguments in...

  • The Lofty Promise and Humble Reality of International TradeOctober 20, 2015

    How should we feel about international trade? Should we applaud it for its ability to lift the world’s poor out of poverty, lower the price of goods, and increase the variety of products we can...

  • Economic Growth vs. Social Insurance—Why Can’t We Have Both?October 6, 2015

    Why do Republicans on the campaign trail tend to emphasize policies that are focused on enhancing long-run economic growth while Democrats tend to focus more on immediate problems such as high...

  • The Political Party of the President Matters for the EconomySeptember 22, 2015

    Since WWII, the economy does better when there is a Democrat in the White House. That conclusion holds for “almost every metric” of the economy’s performance according to research by Princeton...

  • Why the Fed Must Banish the 1970’s Inflation Devil Before Raising Rates September 8, 2015

    Will the Fed raise rates when it meets later this month? Inflation remains below the Fed’s two percent target, and that argues against a rate increase. But labor markets appear to be tightening and...

  • The Politics of Income InequalityAugust 25, 2015

    If the policies favored by some Republicans seeking the nomination for president turned into reality, we’d roll back or eliminate our social insurance programs, cut taxes on the wealthy, cut spending...

Mark Thoma Directory

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