The World of Economic Blogs

Uncategorized — By on December 10, 2009 12:48 am

In the recent times, the uncertain financial situation in America has created a newfound interest in the general public for analysis. Different people have interpreted the situation in different ways. As a result, there is a lot of interest that has been generated to understand why the economy is behaving in a peculiar manner. To the forefront of this has emerged the concept of econoblogging or economic blog . Contributing to these economic blog is a diverse group consisting of academics, politicians, bankers, professors and even the odd student. Each one has his own views on what is driving the economy or the problems affecting it. This trend is taking on enormous proportions throughout the country.

There are a number of indications that these economic blogs are much more than just personal observations of a motley group of people about the financial side of the U.S. For one, economic blog offer insights into the financial side without sounding bookish. Compared to the high-browed world of policy makers, these economic blog help simplify the components of the economy. One can browse a number of these blogs and may not become an expert overnight, but nevertheless end up with a better understanding of why they are ending up paying for gas or why the lending institutions are treading cautiously. Additionally, so much of knowledge floating around on money matters also creates an awareness that is difficult to replicate. Blogs, especially those contributed by economists and academics, often provide an unbiased assessment of what the Government is doing wrong. Such articles help publicize issues that are otherwise suppressed by wily politicians.

There are a number of economic blog that are more popular than all the others, for so many reasons. A couple of the more popular blogs include-

• Blog by Greg Mankiw- Greg Mankiw is a professor at Harvard and his blog combines resources for his students as well as articles on financial side that make it an excellent resource for anyone interested in economic blog .

• Calculated Risk- Calculated Risk is a blog that offers insights into diverse fiscal issues including housing and securitization. Posts by varied user groups enable the exchange of financial issues that affect all of us on a daily basis.

• Freakonomics- One of the most famous books on the weird happenings in the world of money matters, Freakonomics has a blog that goes by the same name. Although the posts in this site might be more suited to those who are waiting to be entertained, the analysis within makes it a helpful resource for econoblogging.

• The Conscience of a Liberal- This blog is contributed by noted economist, Paul Krugman, who received the Nobel Prize for Economics in 2008. Coming from such a great economist, this economic blog is a must visit for those wishing to understand the subject from an academic as well as an industry experts point of view.

• Economists View- This economic blog collates the content available on other economic blog and puts it all in one place. This is a good site to find some of the more popular content on the U.S. financial side that is floating on the internet.

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