The Ramblings of an Amateur Economist

Annoying ly (starting a post with that word is strangely entertaining), Scott Sumner has once again claimed that the increase in Japanese i...

When I saw these two graphs from Jason Smith, I was immediately a little wary: It seems that the slope of the Phillips curve in Japa...

Noah Smith seems to think that Japan is " an economics lab where theories go to die ," notably asserting that "a tight labor...

Today Noah Smith wrote a piece in Bloomberg View that discussed the apparent failure of mainstream economics to explain the Japanese exper...

I don't stray into empirical matters very frequently because I'm really not all that adept at them, but I thought it would be inter...