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Noah Smith: Trying to explain bubbles

One of the strongest orthodoxies in modern economics is being challenged, and there could be big implications for the state of the profession. The new, rebellious ideas might also help us understand why financial bubbles happen. Economists have realized for ...

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Noah Smith: What government can do

These are dark days for those of us who believe that public goods, such as infrastructure and scientific research, are essential functions of government. Decades of attacks by libertarians, not all of them well-informed, have made conservatives and much of ...

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Joe Nathanson: Unfinished business

Incomplete. If one were to assign a grade to the decision by Gov. Larry Hogan and Maryland Transportation Secretary Pete Rahn to eliminate the Red Line from Baltimore’s public transit future, “Incomplete” would have to be it. It was no ...

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