- Education and Science
Best Blogs About Economics and Finance
Learn more about Economics and Finance
In the wake of the financial crisis of 2008-2009 and the ongoing debates in Washington over the federal deficit, government spending, and economic growth, economics and finance have become an increasingly important topics of conversation around the United States and globally. Whether your someone who has never taken a class on economics and wants to develop a greater understanding of how policies will impact you or you are a policy expert trying to follow ongoing debates, these websites will help keep you informed about economics and financial policy around the world.
Best Blogs on Econ and Finance
Run by George Mason professors Tyler Cowen and Alex Tabarrok, Marginal Revolution offers commentary on economic policy (both domestic and internationally) as well as topics such as the economics of culture, music, and food. Many posts are organized around long-running themes such as "the culture that is xx" (which offers a link to a website that illustrates a distinctive feature of a local culture, such as English cloud appreciation society or a Japanese used-underwear vending machine), "there is no great stagnation", which discusses examples that disprove Cowen's theory that the pace of innovation has slowed, and "sentences to ponder", which include a brief discussion of a recent economic study in a brief form. Cowen and Tabarrok both lean towards the libertarian side on economic issues, however, they both tend to take a non-partisan view of major political issues and are more likely to criticize overconfidence in arguments about the political economy than they are to endorse a particular political position or view. Despite being full-time professors, Cowen and Tabarrok typically post many times a day, so its worth checking on a regular basis to see what they have to write about.
Moneybox is the economics focused blog of Slate writer Matthew Yglesias. A graduate of Harvard University who wrote previously for Think Progress and The Atlantic, Yglesias is more overtly liberal than Cowen and Tabarrok, but still relatively moderate on most economic issues. Moneybox is slightly more politically focused than Marginal Revolution, but it also includes posts such as the "Economics of Ice and Fire" (which discusses economic principles in the context of the popular HBO show Game of Thrones) and regular posts about the evils of over-regulation by local and state governments. Yglesias is a prolific blogger who posts multiple times a day, especially during the week.
The economics blog of the New York Times, The Upshot offers a less opinionated take than many of the other blogs on this list but is a great place to catch up on breaking economic news and understand economic debates. It also features frequent guest posts by leading economists, so its a great place to gain exposure to a variety of leading economic thinkers.
The personal blog of Duke Professor Michael Munger, Kids Prefer Cheese offers a libertarian take on economic issues and public policy. Munger is strongly libertarian and like Yglesias, takes special interest in discussing the harmful economic effects of over-regulation by politicians on both sides of the while (a recent post torched the Republican controlled North Carolina state legislature for trying to ban Tesla Motors from selling cars directly to consumers because of the "unfair competition" it would provide to existing car dealers).
Think the global economic system is on the verge of collapse? Convinced that buying gold is the only way to avoid the oncoming global economic meltdown? Than Zero Hedge is the blog for you! While definitely geared towards the skeptical and pessimistic side, Zero Hedge offers a contrasting view on economic issues than many mainstream blogs, and has broken stories about corruption and behind the scenes manipulation in the financial industry that were ignored by mainstream media outlets. They usually offer an interesting take on the ongoing financial issues of the day, even if that take may be tinted by a specific world view. They also post frequently and continuously throughout the day, so there's always new content to take a look at.
More Great Blogs
While the five blogs listed above should keep you up to date on all the economic news and analysis you will ever need, here are a few more sources to keep you occupied if you find yourself looking for more information.
The persona blog of UC Berkeley economist Brad Delong, this blog offers readers a take that "grasps reality with both hands." DeLong is a generally liberal leaning economist who skewers individuals who he sees as being overly obsessed with austerity, the benefits of cutting taxes, or taking the economic claims of politicians (especially conservative politicians) at face value. Delong also posts regularly about non-economic issues (including a regular feature on the history of World War II based on the current date). The blog itself isn't the sexiest visually (it could probably use a graphic redesign), but the content is always worth reading.
The blog of current University of Michigan Ph.D. student Noah Smith, Noahopinion offers an interesting perspective on many economic issues from someone who hasn't "made-it" in the economic profession quite yet, at least in the sense of obtaining a tenure-track position at a university. Smith posts regularly on macroeconomic issues, Japan (he takes a particular interest in Japanese culture), and literature (a recent post discussed science fiction novels for economists). He does not post quite as regularly as some of the other bloggers on the list but I always find his posts interesting.
Want to Learn even More?
Tyler Cowen's book about "the Great Stagnation" in innovation that has occurred over the last 30 years and what this means for global economic growth.
Brad Delong's look at the increasing economic power of emerging economies.
Learn about how to pick a restaurant (and order!) from Tyler Cowen.
More Great Hubs
- Federal Budget Deficit Explained
An explanation of why the federal government is currently running a deficit and why the U.S. has a national debt. Also, a look at why national debt isn't as simple to solve as many politicians make it out to be.
- Best Political Blogs
Interested in learning more about politics? Check out this guide to the best political blogs on the web, whether you're a conservative, liberal, or just interested in politics!