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Mark Thoma

Website  • Blog  • Curriculum Vitae  • 

Mark A. Thoma is an associate professor of economics at the University of Oregon. He joined the UO faculty in 1987 and served as head of the economics department for five years. His research involves the effects that changes in monetary policy have on inflation, output, unemployment, interest rates and other macroeconomic variables, and he has conducted research in other areas, such as the relationship between the political party in power and macroeconomic outcomes. He received his doctorate from Washington State University.



Recent Articles by Mark Thoma

China and the American Jobs Machine
November 17th, 2009

Unlike the New Deal, Obama’s Plan does not put People on the Public Payroll
November 15th, 2009

The Fed is Already Transparent
November 11th, 2009

Tax Cuts and Recoveries
November 4th, 2009

Five Myths About Our Land of Opportunity
November 3rd, 2009

The Berlin Wall Had to Fall, But Today's World is No Fairer
November 2nd, 2009

Reserve Accumulation and Easy Money Helped to Cause the Subprime Crisis
October 27th, 2009

Why State and Local Governments Need More Stimulus Funds
October 25th, 2009

Something is Wrong with Wall Street
October 19th, 2009

Public Trust has Economic Consequences
October 16th, 2009

Skyhooks versus Cranes: The Nobel Prize for Elinor Ostrom
October 13th, 2009

Labor Markets Need More Help
October 12th, 2009

Will Health Insurance Exchanges Work?
October 6th, 2009

The Anti-History Boys
October 5th, 2009

An Inside Look at How Goldman Sachs Lobbies the Senate
September 30th, 2009

Output, Productivity, Employment, Household Debt, Consumption, and Wealth
September 23rd, 2009

The Response to Climate Change "Can Be Gradual—and Affordable"
September 21st, 2009

Did Economist's Ever get it Right?
September 18th, 2009

Who Has All the Answers?
September 16th, 2009

The Economic Impact of the American Recovery and Reinvestment Act of 2009
September 11th, 2009

The Public Plan Is Not the Same Thing as Cost Control
September 9th, 2009

Making the Sale on Health Care Reform
September 8th, 2009

The Wait for Financial Reform
September 6th, 2009

An Echo Chamber of Boom and Bust
August 31st, 2009

Obama Lucky to have Bernanke
August 28th, 2009

Why This New Crisis Needs a New Paradigm of Economic Thought
August 25th, 2009

Paul Krugman: All the President’s Zombies
August 24th, 2009

Social Security: Time to Uncap FICA...
August 18th, 2009

How Will We Know when the Economy Turns the Corner?
August 17th, 2009

Can Econometricians Tell Us which Macroeconomic Model is Best?
August 12th, 2009

Stay the Stimulus Course
August 11th, 2009

Paul Krugman: Averting the Worst
August 10th, 2009

Lucas Roundtable: Ask the Right Questions
August 7th, 2009

Spending Versus Tax Cuts
August 5th, 2009

Could an Early Warning System have Predicted the Crisis?
August 4th, 2009

Deep Recession Calls for Healthy Dose of Fiscal Stimulation
August 3rd, 2009

Savings Rate Could Stay High
July 31st, 2009

How Wars, Plagues, and Urban Disease Propelled Europe’s Rise to Riches
July 29th, 2009

Why had Nobody Noticed that the Credit Crunch Was on its Way?
July 29th, 2009

Equity and Efficiency in Health Care Markets
July 28th, 2009

Should Bernanke Be Reappointed?
July 27th, 2009

Fed Watch: The Debate Continues
July 24th, 2009

Fed Independence
July 22nd, 2009

Ben Bernanke: The Fed's Exit Strategy
July 21st, 2009

Why Toxic Assets are so Hard to Clean Up
July 20th, 2009

Paul Krugman: The Joy of Sachs
July 17th, 2009

How Should We Interpret Goldman Sach's Unexpectedly Large Earnings?
July 15th, 2009

Money Monopoly
July 13th, 2009

Paul Krugman: The Stimulus Trap
July 10th, 2009

What Caused the Housing Bubble?
July 8th, 2009

France is "Remarkably Effective at Deploying Funds Quickly"
July 7th, 2009

Paul Krugman: HELP Is on the Way
July 6th, 2009

Rationing Health Care
July 3rd, 2009

"The Revival of the Big Markets vs. State Planning Debate"
July 1st, 2009

Should We Pop Bubbles?
June 30th, 2009

Paul Krugman: Betraying the Planet
June 29th, 2009

Paul Krugman: Not Enough Audacity
June 26th, 2009

Obama and "Regulatory Capture"
June 24th, 2009

Paul Krugman: Health Care Showdown
June 22nd, 2009

Paul Krugman: Out of the Shadows
June 19th, 2009

Rogoff: America Should also Look to its Fiscal Health
June 18th, 2009

"Health Care Rationing Rhetoric"
June 17th, 2009

Re-Interpreting the Blinder Numbers in the Light of New Trade Theory
June 16th, 2009

Rogoff: Rebalancing the US-China Economic Relationship
June 12th, 2009

"Education and Technology: Supply, Demand, and Income Inequality"
June 9th, 2009

Too Big to be Restructured
June 9th, 2009

The Culture of Blame Game
June 8th, 2009

Shiller: Home Prices May Keep Falling
June 8th, 2009

"The Problem with Bailouts"
June 5th, 2009

"An Umbrella that Melts in the Rain"
June 5th, 2009

"Benefit-Cost Analysis is No Help"
June 3rd, 2009

DeLong: The Hidden Purposes of High Finance
June 2nd, 2009

Carbon Offsets
May 31st, 2009

"Moyo's Confused Attack on Aid for Africa"
May 29th, 2009

"Crazy Compensation and the Crisis"
May 28th, 2009

US and European Employment Rates
May 27th, 2009

Global Imbalances and Future Crises
May 26th, 2009

"Do Schools Make Inequality Worse?"
May 22nd, 2009

Greenspan's Capital Idea
May 21st, 2009

"Paul Romer's Many Hong Kongs"
May 20th, 2009

FRBSF: U.S. Household Deleveraging and Future Consumption Growth
May 19th, 2009

"Stay the Course"
May 18th, 2009

Who's Afraid of a New Reserve Currency?
May 18th, 2009

Fed Watch: Not So Green Wednesday
May 15th, 2009

"Adam Smith and Web 2.0"
May 12th, 2009

Paul Krugman: Harry, Louise and Barack
May 11th, 2009

Paul Krugman: Stressing the Positive
May 8th, 2009

Geithner: How We Tested the Big Banks
May 7th, 2009

The Social Security Obsession
May 7th, 2009

Too Big to Prosecute?
May 5th, 2009

Paul Krugman: Falling Wage Syndrome
May 4th, 2009

"No Time to Dither"
April 30th, 2009

"The Twenty-First Century Will be the Age of Inductive Economics"
April 30th, 2009

Paul Krugman: Money for Nothing
April 27th, 2009

Luck and Taxes
April 26th, 2009

Fed Watch: TALF Disappointment and the Fed's Balance Sheet
April 24th, 2009

Sachs: Paying for Government's Expanded Economic Role
April 22nd, 2009

"There were Exactly Five People Who Foresaw This Crisis"
April 21st, 2009

Self-Regulation Doesn't Work
April 20th, 2009

"Bank Regulators Clash Over Endgame"
April 18th, 2009

"Tax Tea Party Time"
April 17th, 2009

"The Asset Bubble Theory of Income Inequality"
April 16th, 2009

Deflation?
April 16th, 2009

"Depression Lurks Unless There’s More Stimulus"
April 15th, 2009

International Policy Coordination or Protectionism?
April 13th, 2009

"The Case for Waste"
April 12th, 2009

Macroeconomic Meltdown?
April 11th, 2009

Paul Krugman: Making Banking Boring
April 10th, 2009

Counter-Cyclical Regulation
April 9th, 2009

Do Changes in Consumer Confidence Reflect Animal Spirits or Information?
April 8th, 2009

“Cap-and-Trade is a Tax"
April 8th, 2009

"When it Comes to Healthcare, the U.S., Britain and Canada are Hurting"
April 7th, 2009

"From Bubble to Depression?"
April 6th, 2009

Paul Krugman: China’s Dollar Trap
April 4th, 2009

Palley: "The Outlook for Macroeconomics and Macroeconomic Policy"
April 4th, 2009

Inflation and the Fed
April 3rd, 2009

FRBSF: The Risk of Deflation
April 3rd, 2009

"The US Can't Go It Alone"
April 2nd, 2009

Using Markets to Fix Markets
April 2nd, 2009

Stiglitz: Obama's Ersatz Capitalism
April 1st, 2009

"President Obama Must Squarely Face the Bad Asset Problem"
April 1st, 2009

Rogoff: Brave New Financial World
April 1st, 2009

Calvo: We Need a Global Lender of Last Resort
March 27th, 2009

"Goodbye, Homo Economicus"
March 26th, 2009

"Wage Theft"
March 25th, 2009

"Which Plan is Best?" Follow-Up: Dark Musings
March 24th, 2009

Which Bailout Plan is Best?
March 23rd, 2009

Government Intervention in the Market for Toxic Cars
March 22nd, 2009

"Kick Them Out"
March 20th, 2009

"The Judgments of the Market are True and Righteous Altogether"
March 19th, 2009

Who's the Villain in the Crisis?
March 18th, 2009

"Transatlantic Divergence in Tackling the Crisis"
March 17th, 2009

Clarida and DeLong on Fiscal Policy
March 16th, 2009

The Rodrik Roundtable
March 13th, 2009

Using the Crisis as an Excuse
March 12th, 2009

Who Built the House of Cards?
March 12th, 2009

Class Warfare?
March 12th, 2009

"Equilibrium and Meltdown"
March 11th, 2009

Greenspan: The Fed Didn't Do It
March 11th, 2009

Tent City
March 10th, 2009

"Seeds of its Own Destruction"
March 9th, 2009

"Put Earmarks in Perspective"
March 7th, 2009

Will Fiscal Policy Pass the Test?
March 7th, 2009

"Capitalism Beyond the Crisis"
March 6th, 2009

Barro: What are the Odds of a Depression?
March 4th, 2009

Debating Homeowner Rescue Plans
March 4th, 2009

"The Unfortunate Uselessness of Most 'State of the Art' Academic Monetary Economics"
March 3rd, 2009

"Ridding Ourselves of the Zombies"
March 3rd, 2009

Easterly: I am Not and Ideologue
March 2nd, 2009

Fed Watch: When Does Faith in Financial Engineering Wane?
March 2nd, 2009

'Discussion of “Oil and the Macroeconomy: Lessons for Monetary Policy"'
February 28th, 2009

Climate of Change
February 27th, 2009

I Don't Buy Economists' Case for Fighting Climate Change
February 26th, 2009

Fed Watch: Lowering the Bar
February 26th, 2009

"Leaving Economics to the Economists, Not the Politicians"
February 25th, 2009

"More Banks Behaving Badly"
February 25th, 2009

The Big If
February 24th, 2009

"The Myth of Simple Market Solutions"
February 24th, 2009

The Depression Narrative as a Self-Fulfilling Prophecy
February 22nd, 2009

Should the EU Let a Member Government Default?
February 21st, 2009

SF Fed Economic Outlook
February 20th, 2009

Who’ll Stop the Pain?
February 20th, 2009

"What Would Galbraith Say?"
February 19th, 2009

"The Myth of the Universal Market"
February 17th, 2009

Divergent Unemployment Rates
February 17th, 2009

"Hurry Up and Waste"
February 16th, 2009

"Go Ahead and Save, Let the Government Spend"
February 15th, 2009

The Deficits Weren't Big Enough
February 13th, 2009

The Brand New Deal
February 12th, 2009

"Capitalism 3.0"
February 12th, 2009

"Tax Cuts vs. Government Spending"
February 11th, 2009

Multipliers and the Role of Government
February 11th, 2009

Executive Pay
February 8th, 2009

On the Edge
February 6th, 2009

The Good Banks, the Bad Banks, and the Ugly Assets
February 6th, 2009

"The Action Americans Need"
February 5th, 2009

"Even Worse Than You Imagined"
February 4th, 2009

The Evolution of Social Insurance
February 3rd, 2009

"Creating Jobs and Closing the Income Gap"
February 2nd, 2009

The Options for Avoiding Depressions
February 2nd, 2009

Toxic Leaders
February 1st, 2009

The Global Crisis Debate
January 30th, 2009

Sachs: 21st-Century Capitalism
January 29th, 2009

Fed Watch: Passing the Baton
January 28th, 2009

Sachs: A Fiscal Straitjacket
January 28th, 2009

"Milton Friedman Knew This"
January 27th, 2009

Animal Spirits and Trust
January 27th, 2009

Paul Krugman: Bad Faith Economics
January 27th, 2009

"The Union Way Up"
January 26th, 2009

How Cronyism and Rent-Seeking Replaced "Creative Destruction"
January 25th, 2009

Is Public Expenditure Productive?
January 23rd, 2009

Tax Cuts, Government Spending, Public Goods, and the Stimulus Package
January 22nd, 2009

A Breakthrough Against Hunger?
January 21st, 2009

Reconstructing a Failed Global Financial System
January 21st, 2009

"Transforming the Auto Industry"
January 20th, 2009

"Bernanke Tells It Like It Is"
January 20th, 2009

How Far Can You Throw an Economist?
January 18th, 2009

"Can Economists Be Trusted?" "Are There Ever Any Wrong Answers in Economics?"
January 17th, 2009

"Recession Insurance"
January 17th, 2009

"A Line in the Sand"
January 15th, 2009

"Super Contango"
January 14th, 2009

Don't Throw in the Towel
January 14th, 2009

"Dynamic Scoring"
January 13th, 2009

Mishkin: "In Praise of an Explicit Number for Inflation"
January 13th, 2009

Fed Watch: Short Takes for January 11, 2009
January 13th, 2009

"Multilateral Free Trade: The Obama Letdown"
January 11th, 2009

The Employment Report
January 10th, 2009

Starving the Unemployed
January 10th, 2009

Crime and Economy
January 9th, 2009

Rational or Not?
January 8th, 2009

"Boost Private Investment to Boost the Economy"
January 8th, 2009

Paved with Good Intentions?
January 7th, 2009

Are Taxes Progressive?
January 7th, 2009

"Adding a Trillion Dollars in Debt is Quite Manageable"
January 7th, 2009

"No New Tax Cuts"
January 7th, 2009

Fed Watch: Starting on an Ugly Note
January 5th, 2009

The Austrian and Chicago Schools
January 4th, 2009

"Should We Fear a Trade Backlash?"
January 1st, 2009

"How to Prevent the Great Depression of 2009"
December 31st, 2008

"Disagreeing With Martin Feldstein On Defense Spending"
December 31st, 2008

Is the Recession Driven by "A Reduced Willingness to Work"?
December 30th, 2008

Was Risk Misperceived, Misrepresented, or Misallocated?
December 30th, 2008

The American Recovery and Reinvestment Plan
December 27th, 2008

Hawkish Fiscal Policy
December 25th, 2008

Lucas: Monetary Policy Can Still be Effective
December 24th, 2008

The Value of Reliable Information
December 23rd, 2008

Blanchard: How to Emerge from the Crisis in 2009
December 22nd, 2008

Paul Krugman: The Madoff Economy
December 21st, 2008

Are Green Jobs Bogus?
December 18th, 2008

Fed Watch: What If the Analogy is Wrong?
December 15th, 2008

Which is Best, Monetary Policy, Government Spending, or Tax Cuts?
December 14th, 2008

GOP Blocks Bailout
December 13th, 2008

Is a Bonus Culture Ruining Africa and Our Financial System?
December 12th, 2008

Free Rides?
December 11th, 2008

A Populist Backlash?
December 10th, 2008

Liquidity Discount versus Time Preference
December 10th, 2008

Woodward and Hall: Options for Stimulating the Economy
December 9th, 2008

Rubber Stamp Agencies
December 8th, 2008

What Causes Gluts and How Can They be Cured?
December 8th, 2008

Crowding-Out and Crowding-In
December 6th, 2008

Is The Deficit A Threat To A Future Recovery?
December 4th, 2008

Fed Watch: Potentially Very Bad Policy
December 4th, 2008

Fed Watch: A Step Towards Explicit Quantitative Easing
December 2nd, 2008

Fed Watch: New Month, New Data, Same Story
December 2nd, 2008

Bigger is Better
November 30th, 2008

Woodward and Hall Analyze the Financial Crisis and the Recession
November 26th, 2008

Taylor: Why Permanent Tax Cuts Are the Best Stimulus
November 26th, 2008

The Citigroup Bailout
November 24th, 2008

Fed Watch: Policy Adrift
November 20th, 2008

Deflation? Quantitative Easing?
November 20th, 2008