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:

  • 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...

  • Economics Isn’t Textbook: Why We Need to Raise the Minimum WageMarch 8, 2016

    It would be nice if labor markets worked the way they do in economics textbooks. Market forces would cause workers to be paid an amount equal to the value of what they produce – what economists call...

  • Here’s Why Bernie Sanders’ 5% Growth Plan Isn’t Crazy After AllFebruary 23, 2016

    Controversy erupted last week when University of Massachusetts Professor Gerald Friedman produced estimates showing that under the Sander’s economic plan, “The growth rate of the real gross domestic...

  • 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...

Mark Thoma Directory

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