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	<title>Comments on: The Importance of Mark Thoma</title>
	<atom:link href="http://baselinescenario.com/2009/07/05/the-importance-of-mark-thoma/feed/" rel="self" type="application/rss+xml" />
	<link>http://baselinescenario.com/2009/07/05/the-importance-of-mark-thoma/</link>
	<description>What happened to the global economy and what we can do about it</description>
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		<title>By: jonboinAR</title>
		<link>http://baselinescenario.com/2009/07/05/the-importance-of-mark-thoma/#comment-19367</link>
		<dc:creator><![CDATA[jonboinAR]]></dc:creator>
		<pubDate>Tue, 07 Jul 2009 02:53:40 +0000</pubDate>
		<guid isPermaLink="false">http://baselinescenario.com/?p=4273#comment-19367</guid>
		<description><![CDATA[I don&#039;t know a bloody thing, but I read Thoma, Baseline, Calc Risk, Naked Cap, Brad Setzer, Ritholz, Zero Hedge, DeLong, Krugman. I&#039;m finally getting to where I can tell when some people don&#039;t know what the hay they&#039;re talking about, but, mostly, I still can&#039;t.]]></description>
		<content:encoded><![CDATA[<p>I don&#8217;t know a bloody thing, but I read Thoma, Baseline, Calc Risk, Naked Cap, Brad Setzer, Ritholz, Zero Hedge, DeLong, Krugman. I&#8217;m finally getting to where I can tell when some people don&#8217;t know what the hay they&#8217;re talking about, but, mostly, I still can&#8217;t.</p>
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		<title>By: jonboinAR</title>
		<link>http://baselinescenario.com/2009/07/05/the-importance-of-mark-thoma/#comment-19365</link>
		<dc:creator><![CDATA[jonboinAR]]></dc:creator>
		<pubDate>Tue, 07 Jul 2009 02:45:01 +0000</pubDate>
		<guid isPermaLink="false">http://baselinescenario.com/?p=4273#comment-19365</guid>
		<description><![CDATA[I read them all the time. I haven&#039;t the slightest idea what they&#039;re talking about, but they make me feel smarter. Depressed and anxious though, as well, as does this site.]]></description>
		<content:encoded><![CDATA[<p>I read them all the time. I haven&#8217;t the slightest idea what they&#8217;re talking about, but they make me feel smarter. Depressed and anxious though, as well, as does this site.</p>
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		<title>By: Dirk van Dijk</title>
		<link>http://baselinescenario.com/2009/07/05/the-importance-of-mark-thoma/#comment-19337</link>
		<dc:creator><![CDATA[Dirk van Dijk]]></dc:creator>
		<pubDate>Mon, 06 Jul 2009 18:14:52 +0000</pubDate>
		<guid isPermaLink="false">http://baselinescenario.com/?p=4273#comment-19337</guid>
		<description><![CDATA[I agree that Mark is a class act, one of my regular visits, along with Caclulated Risk, this place and Naked Capitalism.  Mish sometimes has worthwhile posts as well, and occasionally the Big Picture is worth a visit.]]></description>
		<content:encoded><![CDATA[<p>I agree that Mark is a class act, one of my regular visits, along with Caclulated Risk, this place and Naked Capitalism.  Mish sometimes has worthwhile posts as well, and occasionally the Big Picture is worth a visit.</p>
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		<title>By: Matt Fahrner</title>
		<link>http://baselinescenario.com/2009/07/05/the-importance-of-mark-thoma/#comment-19334</link>
		<dc:creator><![CDATA[Matt Fahrner]]></dc:creator>
		<pubDate>Mon, 06 Jul 2009 17:41:57 +0000</pubDate>
		<guid isPermaLink="false">http://baselinescenario.com/?p=4273#comment-19334</guid>
		<description><![CDATA[Here here. That is what people forget.

Still Krugman is about as good as it gets within mainstream media...]]></description>
		<content:encoded><![CDATA[<p>Here here. That is what people forget.</p>
<p>Still Krugman is about as good as it gets within mainstream media&#8230;</p>
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		<title>By: Kevin</title>
		<link>http://baselinescenario.com/2009/07/05/the-importance-of-mark-thoma/#comment-19323</link>
		<dc:creator><![CDATA[Kevin]]></dc:creator>
		<pubDate>Mon, 06 Jul 2009 14:55:32 +0000</pubDate>
		<guid isPermaLink="false">http://baselinescenario.com/?p=4273#comment-19323</guid>
		<description><![CDATA[Agreed. Mankiw is no good. Complete partisan and ridiculously loose with his analysis.]]></description>
		<content:encoded><![CDATA[<p>Agreed. Mankiw is no good. Complete partisan and ridiculously loose with his analysis.</p>
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		<title>By: liberal</title>
		<link>http://baselinescenario.com/2009/07/05/the-importance-of-mark-thoma/#comment-19316</link>
		<dc:creator><![CDATA[liberal]]></dc:creator>
		<pubDate>Mon, 06 Jul 2009 13:28:32 +0000</pubDate>
		<guid isPermaLink="false">http://baselinescenario.com/?p=4273#comment-19316</guid>
		<description><![CDATA[&lt;b&gt;Greg Ransom&lt;/b&gt; wrote, &lt;i&gt;Thoma is not close to being even handed — he favors pieces which bash classic liberal economists like Hayek, Friedman, and Mankiw.&lt;/i&gt;

BTW, Hayek, Friedman, and Mankiw are not classical liberals.  True classical liberals like Smith and John Stuart Mill understood that rent collection by the wealthy (like landowners) wasn&#039;t a good thing.  Most latter day economists, including the ones you listed, either don&#039;t understand this, or happily support the crypto-feudalist agenda of most modern so-called libertarians.

Friedman, interestingly enough, is something of an exception, since he did state that land value taxation is the least bad tax.  However, his view is jaundiced, since &quot;least bad&quot; obfuscates the point that rent collection by private parties is a theft that the tax merely corrects.]]></description>
		<content:encoded><![CDATA[<p><b>Greg Ransom</b> wrote, <i>Thoma is not close to being even handed — he favors pieces which bash classic liberal economists like Hayek, Friedman, and Mankiw.</i></p>
<p>BTW, Hayek, Friedman, and Mankiw are not classical liberals.  True classical liberals like Smith and John Stuart Mill understood that rent collection by the wealthy (like landowners) wasn&#8217;t a good thing.  Most latter day economists, including the ones you listed, either don&#8217;t understand this, or happily support the crypto-feudalist agenda of most modern so-called libertarians.</p>
<p>Friedman, interestingly enough, is something of an exception, since he did state that land value taxation is the least bad tax.  However, his view is jaundiced, since &#8220;least bad&#8221; obfuscates the point that rent collection by private parties is a theft that the tax merely corrects.</p>
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		<title>By: liberal</title>
		<link>http://baselinescenario.com/2009/07/05/the-importance-of-mark-thoma/#comment-19315</link>
		<dc:creator><![CDATA[liberal]]></dc:creator>
		<pubDate>Mon, 06 Jul 2009 13:22:01 +0000</pubDate>
		<guid isPermaLink="false">http://baselinescenario.com/?p=4273#comment-19315</guid>
		<description><![CDATA[&lt;b&gt;Greg Ransom&lt;/b&gt; wrote, &lt;i&gt;And he favors folks like Krugman who are famous for unfairly and often dishonestly attacking folks like Hayek, Friedman, Mankiw and the point of view these important economists represent.&lt;/i&gt;

Huh?  It&#039;s widely acknowledged that Mankiw is a hack.]]></description>
		<content:encoded><![CDATA[<p><b>Greg Ransom</b> wrote, <i>And he favors folks like Krugman who are famous for unfairly and often dishonestly attacking folks like Hayek, Friedman, Mankiw and the point of view these important economists represent.</i></p>
<p>Huh?  It&#8217;s widely acknowledged that Mankiw is a hack.</p>
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		<title>By: liberal</title>
		<link>http://baselinescenario.com/2009/07/05/the-importance-of-mark-thoma/#comment-19314</link>
		<dc:creator><![CDATA[liberal]]></dc:creator>
		<pubDate>Mon, 06 Jul 2009 13:20:43 +0000</pubDate>
		<guid isPermaLink="false">http://baselinescenario.com/?p=4273#comment-19314</guid>
		<description><![CDATA[&lt;b&gt;Ted K&lt;/b&gt; wrote, &lt;i&gt;But Krugman is on the left...&lt;/i&gt;

Hardly.  Krugman is really a centrist.  People thinking he&#039;s on the left is just a function of the country having moved so far to the right.]]></description>
		<content:encoded><![CDATA[<p><b>Ted K</b> wrote, <i>But Krugman is on the left&#8230;</i></p>
<p>Hardly.  Krugman is really a centrist.  People thinking he&#8217;s on the left is just a function of the country having moved so far to the right.</p>
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		<title>By: Brock Sampson</title>
		<link>http://baselinescenario.com/2009/07/05/the-importance-of-mark-thoma/#comment-19303</link>
		<dc:creator><![CDATA[Brock Sampson]]></dc:creator>
		<pubDate>Mon, 06 Jul 2009 05:14:48 +0000</pubDate>
		<guid isPermaLink="false">http://baselinescenario.com/?p=4273#comment-19303</guid>
		<description><![CDATA[Geez, couldn&#039;t you find a better example to link than a tortured car analogy?  Talk about your Internet cliches...]]></description>
		<content:encoded><![CDATA[<p>Geez, couldn&#8217;t you find a better example to link than a tortured car analogy?  Talk about your Internet cliches&#8230;</p>
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		<title>By: Greg Ransom</title>
		<link>http://baselinescenario.com/2009/07/05/the-importance-of-mark-thoma/#comment-19300</link>
		<dc:creator><![CDATA[Greg Ransom]]></dc:creator>
		<pubDate>Mon, 06 Jul 2009 04:25:12 +0000</pubDate>
		<guid isPermaLink="false">http://baselinescenario.com/?p=4273#comment-19300</guid>
		<description><![CDATA[I also like Thoma&#039;s blog as an information source.

But I&#039;m not a great fan of it as a &quot;filter&quot;.

Let&#039;s be honest.  Thoma is not close to being even handed -- he favors pieces which bash classic liberal economists like Hayek, Friedman, and Mankiw.  And he favors folks like Krugman who are famous for unfairly and often dishonestly attacking folks like Hayek, Friedman, Mankiw and the point of view these important economists represent.]]></description>
		<content:encoded><![CDATA[<p>I also like Thoma&#8217;s blog as an information source.</p>
<p>But I&#8217;m not a great fan of it as a &#8220;filter&#8221;.</p>
<p>Let&#8217;s be honest.  Thoma is not close to being even handed &#8212; he favors pieces which bash classic liberal economists like Hayek, Friedman, and Mankiw.  And he favors folks like Krugman who are famous for unfairly and often dishonestly attacking folks like Hayek, Friedman, Mankiw and the point of view these important economists represent.</p>
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		<title>By: Ted K</title>
		<link>http://baselinescenario.com/2009/07/05/the-importance-of-mark-thoma/#comment-19299</link>
		<dc:creator><![CDATA[Ted K]]></dc:creator>
		<pubDate>Mon, 06 Jul 2009 04:23:22 +0000</pubDate>
		<guid isPermaLink="false">http://baselinescenario.com/?p=4273#comment-19299</guid>
		<description><![CDATA[The problem with the internet anymore is not finding great economic bloggers like Mark Thoma, but filtering them.  You can only intake so much information in a day. 

 As much as they try to portray themselves as objective, 95% of the time you can see they are coming from the left or the right.  The main way I judge them is you have 2 schools. The ones with an Economics degree who instead of teaching you something want to give you an exhibition of their &quot;genius&quot;.  Like Alan Greenspan or those who do research at the Federal Reserve, that talk jargon and charts and get off when they see people get glazed eyes listening to them.  And the journalists/bloggers with no degree in economics or finance who go &quot;Don&#039;t worry Joe six-pack, I&#039;m gonna talk DOWN to you, and speak really slowly with little words and act like I&#039;m 10 levels above you, even though I don&#039;t know anymore than you. But you should be grateful to me, cause I&#039;m pretending I&#039;m making a lot of effort to talk baby talk for you (Paul Solman type)&quot;.  You have to find the ones in the middle.  Usually those are the ones with a degree in Economics, but sincerely want to teach others the concepts.  Alan Blinder is my favorite, but I don&#039;t think he has a blog.  So you have to search the editorials, Business shows, and free lectures online (youtube).  Princeton and Chicago University have some good lectures you can download for free on I-tunes.  My favorite bloggers are James Kwak and Simon Johnson (of course!!!).  I used to like Lester Thurow&#039;s books a lot, but seems he&#039;s not as prolific and active as he used to be.  

Basically I visit 3 Econ sites a day: &quot;Baseline&quot;, &quot;Economix&quot;, and Brad Delong.  Then just pick up whatever catches my eye after that.  

But Krugman is on the left, WSJ is on the right.  Both of them are well respected, but there can be no doubt they are coming from a certain agenda.  Sometimes they cherry-pick the facts that fit that agenda.  You can learn a lot from them, but you always have to keep in mind what agenda they are coming from.]]></description>
		<content:encoded><![CDATA[<p>The problem with the internet anymore is not finding great economic bloggers like Mark Thoma, but filtering them.  You can only intake so much information in a day. </p>
<p> As much as they try to portray themselves as objective, 95% of the time you can see they are coming from the left or the right.  The main way I judge them is you have 2 schools. The ones with an Economics degree who instead of teaching you something want to give you an exhibition of their &#8220;genius&#8221;.  Like Alan Greenspan or those who do research at the Federal Reserve, that talk jargon and charts and get off when they see people get glazed eyes listening to them.  And the journalists/bloggers with no degree in economics or finance who go &#8220;Don&#8217;t worry Joe six-pack, I&#8217;m gonna talk DOWN to you, and speak really slowly with little words and act like I&#8217;m 10 levels above you, even though I don&#8217;t know anymore than you. But you should be grateful to me, cause I&#8217;m pretending I&#8217;m making a lot of effort to talk baby talk for you (Paul Solman type)&#8221;.  You have to find the ones in the middle.  Usually those are the ones with a degree in Economics, but sincerely want to teach others the concepts.  Alan Blinder is my favorite, but I don&#8217;t think he has a blog.  So you have to search the editorials, Business shows, and free lectures online (youtube).  Princeton and Chicago University have some good lectures you can download for free on I-tunes.  My favorite bloggers are James Kwak and Simon Johnson (of course!!!).  I used to like Lester Thurow&#8217;s books a lot, but seems he&#8217;s not as prolific and active as he used to be.  </p>
<p>Basically I visit 3 Econ sites a day: &#8220;Baseline&#8221;, &#8220;Economix&#8221;, and Brad Delong.  Then just pick up whatever catches my eye after that.  </p>
<p>But Krugman is on the left, WSJ is on the right.  Both of them are well respected, but there can be no doubt they are coming from a certain agenda.  Sometimes they cherry-pick the facts that fit that agenda.  You can learn a lot from them, but you always have to keep in mind what agenda they are coming from.</p>
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		<title>By: Fed Up</title>
		<link>http://baselinescenario.com/2009/07/05/the-importance-of-mark-thoma/#comment-19295</link>
		<dc:creator><![CDATA[Fed Up]]></dc:creator>
		<pubDate>Mon, 06 Jul 2009 03:08:17 +0000</pubDate>
		<guid isPermaLink="false">http://baselinescenario.com/?p=4273#comment-19295</guid>
		<description><![CDATA[&quot;(He also has his own points of view, but he is willing to entertain people who don’t agree with him. He is also gracious and welcoming to new bloggers (like we were not so long ago).&quot;

That&#039;s weird because I had posts deleted. One time I reposted two(2). They got deleted. I asked why my posts were deleted. That got deleted.

I stopped posting there.]]></description>
		<content:encoded><![CDATA[<p>&#8220;(He also has his own points of view, but he is willing to entertain people who don’t agree with him. He is also gracious and welcoming to new bloggers (like we were not so long ago).&#8221;</p>
<p>That&#8217;s weird because I had posts deleted. One time I reposted two(2). They got deleted. I asked why my posts were deleted. That got deleted.</p>
<p>I stopped posting there.</p>
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		<title>By: Frank Carmelo</title>
		<link>http://baselinescenario.com/2009/07/05/the-importance-of-mark-thoma/#comment-19294</link>
		<dc:creator><![CDATA[Frank Carmelo]]></dc:creator>
		<pubDate>Mon, 06 Jul 2009 02:06:44 +0000</pubDate>
		<guid isPermaLink="false">http://baselinescenario.com/?p=4273#comment-19294</guid>
		<description><![CDATA[Thoma&#039;s blog is great and should be better known.  I wish he or some of his regular commenters (&quot;Anne&quot; is notably good) would explain the basics, as this site does.  

They have the potential to contribute more if they could lower the, uh, intellectual barrier to entry.]]></description>
		<content:encoded><![CDATA[<p>Thoma&#8217;s blog is great and should be better known.  I wish he or some of his regular commenters (&#8220;Anne&#8221; is notably good) would explain the basics, as this site does.  </p>
<p>They have the potential to contribute more if they could lower the, uh, intellectual barrier to entry.</p>
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		<title>By: Manshu</title>
		<link>http://baselinescenario.com/2009/07/05/the-importance-of-mark-thoma/#comment-19293</link>
		<dc:creator><![CDATA[Manshu]]></dc:creator>
		<pubDate>Mon, 06 Jul 2009 01:55:28 +0000</pubDate>
		<guid isPermaLink="false">http://baselinescenario.com/?p=4273#comment-19293</guid>
		<description><![CDATA[I am a big fan of Mark Thoma because of his great filtering. I feel that if he thinks it is worth mentioning, it is worth reading. 

And one look at his long blogroll indicates that he probably never declined a single blogroll request.]]></description>
		<content:encoded><![CDATA[<p>I am a big fan of Mark Thoma because of his great filtering. I feel that if he thinks it is worth mentioning, it is worth reading. </p>
<p>And one look at his long blogroll indicates that he probably never declined a single blogroll request.</p>
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