In France!

French fans: I’ll be in and around Paris starting the end of this week:

April 30: A book signing at BDNET Bastille, 26 rue de Charonne, at 16h00

May 1: A talk with Laurent Cordonnier at Salon du Livre in Arras at 16h15 (Information here)

May 4: Interview and Q&A at La Maison de […]


So, the Greek referendum is today. Here’s hoping that it forces some progress in the endless madness that is the Greek crisis. Because so far the Troika has simply been demanding the same things, in the same terms, for years. Is it even a “crisis” when nothing changes for that long?

Seriously, check out […]

A (poorly thought through) prediction about the Larsen B ice shelf

WARNING: See edit below.

So, NASA is now predicting that the remnants of the Larsen B ice shelf will be gone by the end of the decade.

I’m going to make my own prediction, just so I’m on the record: It’ll happen faster than that. This coming summer (the Antarctic summer, so Winter 2015-2016 […]

Greg Mankiw Is Everything That’s Wrong With Economics

So anyone who read my rant about N. Gregory Mankiw’s atrocious textbook knows I’m not a big fan. Now comes Mankiw’s recent op-ed in the Times supporting the Trans-Pacific Partnership and the Transatlantic Trade and Investment Partnership: “Economists Actually Agree on This: The Wisdom of Free Trade.”

It reminded me of another piece: Sylvia […]

Quote of the day: Demosthenes

“I observe that, although the speeches on our side are always manifestly just and sympathetic, and . . . are always regarded as saying what ought to be said, yet practically nothing is done which ought to be done, or which would make it worth while to listen to such speeches.” —Demosthenes, Second Philippic, […]

Chinese translation!

Economix is out in Taiwan!

“Comic Economics, Understand at a Glance” is the Chinese title, and check out the new funky cover!

The translator (Li Jianxing, or probably Lee Chien-hsing in Taiwan) clearly kept things simple and direct–there are long passages that I, with my rusty Chinese, can totally understand.

Of course, “rusty” […]

What Is Our Children Learning? Or, Greg Mankiw and the Terrible, Horrible, No-Good, Very Bad Textbook (now with single-page goodness!)

So a while back I posted about how economics education as it’s usually done can manage to be dull, misleading, and (covertly) political, all at the same time. Which is, after all, why I wrote Economix, which is not (I hope) dull or misleading, and is overtly political.

But there’s always someone who will […]

What Is Our Children Learning? Part 6: The End.

Welcome back to our exploration of the principles of economics in N. Gregory Mankiw’s Principles of Economics. We’ve been going for a while; start from the beginning here.

And we’re done with the principles themselves. Finally! All we have to do is sum up. If you’ve been reading so far, you won’t be surprised […]

What Is Our Children Learning? Part 5.

And we’re back. We’re looking at the 10 principles in N. Gregory Mankiw’s Principles of Economics; We’ve covered 7 of his 10 principles already. Start at the beginning here.

Part 2 is here.

Part 3 is here.

Part 4 is . . . wait for it . . . here.

Today let’s check out:


What Is Our Children Learning? Part 4.

Welcome back to our examination of N. Gregory Mankiw’s textbook. Start at the beginning here.

Part 2 is here.

Part 3 is here.

Okay, we’re starting the section “how people interact.” It’s probably the best section.

Let’s jump into:

Principle 5: Trade can make everyone better off.

This is true and not entirely commonsensical […]