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:

  • The Heartless Tradeoffs in the Trump BudgetMay 22, 2017

    As the bombshells continue to drop on the Trump administration, behind the scenes Trump’s first detailed budget proposal is being developed, and it has a few bombshells of its own, particularly for...

  • The Great Risk Shift Is BackMay 15, 2017

    The vote in the House of Representatives to dismantle Obamacare was not the only attempt to undo key legislation from the Obama years that occurred last Thursday. Though it mostly went unnoticed, the...

  • Killing Banking Rules Will Invite a Whopper of a RecessionMay 8, 2017

    The vote in the House of Representatives to dismantle Obamacare was not the only attempt to undo key legislation from the Obama years that occurred last Thursday. Though it mostly went unnoticed, the...

  • The Fed, the Reality of Tax Cuts, and Donald TrumpApril 10, 2017

    For many years, Republicans argued that tax cuts for the wealthy pay for themselves. Cutting taxes on the wealthy, according to Republicans, allows them to keep a larger share of anything new they...

  • It’s a Ruse: Tax Cuts Can’t be Financed by Reducing Government WasteMarch 27, 2017

    The Republicans suffered a humiliating defeat on their proposal to cut taxes for the wealthy disguised as healthcare reform. But as the Trump administration has made clear, they are not about to give...

  • Why the Republican Health Care Plan Is Destined to FailMarch 13, 2017

    “It is the general social consensus, clearly, that the laissez-faire solution for medicine is intolerable.” – Kenneth Arrow, 1963. As Republicans struggle to find an acceptable replacement for...

  • The Real Test for the Republican Health Care PlanFebruary 27, 2017

    The Republicans’ rallying cry on health care reform is that the marketplace – relying on the forces of supply and demand – is the best way to run our healthcare system. Government involvement in...

  • If Trump Stacks Its Board, He Politicizes the Fed and Demeans Its IndependenceFebruary 13, 2017

    Daniel Tarullo announced on Friday that he is resigning from the Federal Reserve Board of Governors in early April, nearly five years before his term expires on January 31, 2022. Governor Tarullo,...

  • In the Trump Administration, Credibility May be a ProblemJanuary 31, 2017

    As a department chair at a university, you learn that a promise from the Dean or anyone else in the administration is good for about five years. That’s approximately how long Deans last, on average,...

  • Blind Trust in Donald Trump Could Be CostlyJanuary 16, 2017

    Donald Trump has refused to divest himself of his business interests before being inaugurated as president and has instead said he would hand control over to his sons. However, as the director of the...

  • Why Trump Needs to Take the Economy More Seriously January 2, 2017

    Donald Trump tried to take credit for Sprint’s plan to create 5,000 jobs in the U.S. The plans were in place before the election, so there is some question about how much credit he should get. But...

  • When It Comes to Trumponomics, Economists Are on High AlertDecember 19, 2016

    Faith in macroeconomic models plummeted after the Great Recession, and for good reason. The models failed to foresee the economic problems that were coming, the severity of the recession was...

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