Some Textbooks

Public Service Announcement, for those who wish to talk intelligently about macro, instead of ranting. Here’s what I use (in response to Steven Kopits asking “What the he** do you teach your students, Menzie”). The following are free use, or older editions that have been superseded by newer.

X-Files, 2024 Edition

On mainstream economists hiding information regarding the BEA’s development of distributional national accounts, reader John Hofer wrote in January of 2024:

Math Is Hard!

Steven Kopits writes: On the other hand, interest payments have risen from 9.5% of GDP in 2020 to 13.6% of GDP in 2023. That is a whopping 4% of GDP in just increased interest payments. Further, as the incumbent debt is rolling off and has to be refinanced, interest payments will continue to rise, and […]