By Mike Moffatt
tags: Economics,Bloggers, Global Economic Reset, Political Blogs
Follows is a list of lesser known economics blogs that I quite enjoy. There are only three criteria for being included in the list:
1.The blog has to discuss economics (though it can discuss other issues as well)
2.I must regularly visit the blog (obviously)
3.It cannot be in the Top 20 of Aaron Schiff's blog ranking as of Dec. 4, 2007
If I have omitted a quality economics blog, please contact me!
Dec 3 Schiff Ranking: 69.
The Economics at About.com has had only two guides in its 10+ year history. I am the second, John Irons, who runs ArgMax, was the first.
Why I visit: Among other things, ArgMax has intelligent discussion of economic policy from (in my view) a slightly left-of-centre view. A lot of the better U.S. economics blogs seem to be written by Republicans (not that there's anything wrong with that!), so guys like Irons and Brad De Long make for a welcome counterbalance.
2. CARPE DIEM
Dec 3 Schiff Ranking: 27.
This blog will soon be in the Top 20, so I'll soon have to remove it.
Why I visit: I enjoy the analysis of U.S. economic data on issues such as housing prices, GDP growth, oil prices, employment, etc. Infectious optimism about the future of the U.S. economy provides a good counterpoint to Nouriel Roubini (who I also enjoy).
3. Division of Labor
Dec 3 Schiff Ranking: 36.
Why I visit: A very frequently updated site that discusses a lot of political and economic issues. I particularly enjoy entries where they consider what was happening 100 years ago (in the year 1907) and how they relate to do. My own view is that a lot of economic discussions lack a historical perspective, so I particularly enjoy this look to the past.
Dec 3 Schiff Ranking: 27.
The author of EclectEcon (Prof. John Palmer) is a former professor of mine from my undergraduate days.
Why I visit: Often deviates from talking about economics, but the deviations are enjoyable as well. Discusses legal issues and property rights more often than most econ blogs, so if that is your cup of tea, it is worth visiting. Prof. Palmer is on the short-list with Steven Landsburg of my all-time favorite personalities in economics.
5. Economic Investigations
Dec 3 Schiff Ranking: 113.
The blog author, Gabriel Mihalache, really should be a high level Macro school such as the University of Rochester doing a Ph.D. given the level of commentary at the site.
Why I visit: Unlike most economics blogs, Economic Investigations is deeply rooted in discussing economics as it is practiced in high level journals. The site certainly is not for everyone, but if you want high level discussion of macroeconomic models, Economic Investigations is the place to go.
6. Economics Roundtable
Dec 3 Schiff Ranking: 102.
Why I visit: It isn't an economics blog per se, rather Economics Roundtable is a site that aggregates RSS feeds from a wide variety of sites, allowing readers to get up-to-date commentary on a wide variety of economics topics. I find it particularly useful after a big piece of news comes out, such as a Fed rate cut. By going to Economics Roundtable you can see which sites have entries about that news and get commentary from a wide variety of sources.
7. Free Exchange
Dec 3 Schiff Ranking: 58.
Why I visit: It's a blog brought to you by The Economist. I am surprised it is not more popular. If you enjoy the magazine, you will likely enjoy the blog. One thing I find frustrating about both the magazine and the blog is that they do not disclose the author of the piece - so you do not know who is writing what.
8. Reviving Economics
Dec 3 Schiff Ranking: 163.
Why I visit: Garth, the blogger at Reviving Economics may be the only economist out there who is arguing for improved CAFE standards rather than carbon taxes, cap-and-trade, or 'do nothing' to reduce CO2 emissions. While I entirely disagree with him, he makes excellent arguments that need to be heard.
9. William J. Polley
Dec 3 Schiff Ranking: 67.
Why I visit: Intelligent, frequently updated content, both of which are a big plus with me! I particularly enjoy entries dealing with monetary policy and the Fed, of which Polley has a great deal of knowledge.
10. Worthwhile Canadian Initiative
Dec 3 Schiff Ranking: 76.
Why I visit: I believe this is the only Canadian focused economics blog, which is a sad commentary on my native land. Fortunately, it is an excellent one! There is a great deal here for non-Canadians; I found a recent entry on cross-country comparisons of inequality quite enlightening.