Blogs as the Conversable Economist

When I was a young teenager, changing diapers for my baby brother and on babysitting gigs, it was all cloth. I could change a sleepy baby's cloth diaper in the dark, large safety pins and all. A couple of decades later when I was a parent, it was all disposable. What happened? Virginia Postel tells

I have been the Managing Editor of the Journal of Economic Perspectives since the first issue in Summer 1987. The JEP is published by the American Economic Association, which decided back in 2011–to my delight–that the journal would be freely available online, from the current issue all the way back to the first issue. You can download individual

The world economy is now about a year into President Trump's assault on the global trading system. Richard Baldwin reviews what has happened and suggests where it is all headed in World War Trade (Centre for Economic Policy Research, 2026), a long essay in the form of a short online book. As Baldwin notes: "The

People in countries around the world would prefer to live in a a growing economy with opportunities for good jobs. Thus, it's unsurprising that governments around the world would like to enact policies to deliver such outcomes. But industrial policy is hard: after all, if it was easy for governments to legislate prosperity, then there

Tim Sablik of the Richmond Fed interviews "Ellen McGrattan: On measuring what businesses do, developing effective tax policy, and searching for answers beyond the lamppost" (Econ Focus: Federal Reserve Bank of Richmond, First/Second Quarter 2026). Here are a few of the comments that caught my eye: How did McGrattan become interested in business cycles? In