Archive for October 2010

Three-card Mankiw

There is so much that is troubling and wrong with Harvard economist Greg Mankiw’s op-ed in Sunday’s New York Times that it is hard to know where to start. His piece warns that if the Bush tax cuts for those who earn more than $250,000 a year –as he does– are allowed to expire later […]

It Gets Better

Health-care skelter

Aaron Carroll at The Incidental Economist has posted this very scary graph: Back in the late 1970s, US health-care costs as a share of GDP looked a lot like those of the rest of the world’s rich democracies. At about 8 percent of GDP, US health-care expenditures were at the high-end, but still very much […]

Output gap

Neil Irwin posted a great set of graphs yesterday on the US “output gap” (the difference between the amount of goods and services the economy is actually producing and what the economy could be producing if it were operating at full capacity). He uses a nice interface to build a fairly complicated final image, starting […]

Slave Trade Database

Justin Roberts of Dalhousie University has an interesting new review of two online databases on the slave trade in Reviews in History, an e-journal published by the University of London. The first database is “Voyages: The Trans-Atlantic Slave Trade Database“, which includes digitized and standardized data on 35,000 individual slaving voyages (an estimated 80 percent […]