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Archives: December 2006

Krugman Shifts on the Deficit

Posted by: Michael Mandel on December 25, Categories: Fiscal Policy

For years, I've argued that the hardline anti-deficit position of the Democratic party was a political and economic loser. For example, here I wrote in December 2004: From Walter Mondale's...

More money for stem cell research--and jobs

Posted by: Michael Mandel on December 21, Categories: Health

In the midst of a state financial crisis, Governor Jon Corzine of New Jersey just signed a bill giving $270 million for stem cell research in the state. The funds,...

My Shot at the Big-Time

Posted by: Michael Mandel on December 11, Categories: Journalism

..otherwise known as the Today Show (weekend edition). Why anyone would want to talk to an economics journalist at 7AM on a Christmas-y Saturday morning is beyond me, but there...

Slowing Productivity Growth?

Posted by: Michael Mandel on December 11, Categories: Growth

As you folks know, I'm still worrying about a slowdown in productivity growth. Here's an interesting new chart from the New York Fed The bar represents the probability of being...

China moves into second place for R&D

Posted by: Michael Mandel on December 04, Categories: Tech

A new report from the OECD says: China will this year for the first time spend more on research and development (R&D) than Japan and so become the world’s second...

My Portfolio...

Posted by: Michael Mandel on December 01, Categories: Investments

Not that anyone really cares, but this morning I shifted my 401k portfolio more towards international equities and away from domestic equities. Unfortunately the reallocation doesn't take effect until the...

One more thought about the minimum wage

Posted by: Michael Mandel on December 01, Categories: Labor Market

Just one more follow-up to my discussion with Robin Hanson about whether there is a consensus among economists about the minimum wage. Yesterday Greg Mankiw wrote a note about a...


Michael Mandel, BW's award-winning chief economist, provides his unique perspective on the hot economic issues of the day. From globalization to the future of work to the ups and downs of the financial markets, Mandel-named 2006 economic journalist of the year by the World Leadership Forum-offers cutting edge analysis and commentary.

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