Edwin G. Dolan is an economist and educator with a Ph.D. from Yale University. Early in his career, he was a member of the economics faculty at Dartmouth College, the University of Chicago, and George Mason University. From 1990 to 2001, he taught in Moscow, Russia, where he and his wife founded the American Institute of Business and Economics (AIBEc), an independent, not-for-profit MBA program. Since 2001, he has taught at several universities in Europe, including Central European University in Budapest, the University of Economics in Prague, and the Stockholm School of Economics in Riga, where he has an ongoing annual visiting appointment. During breaks in his teaching career, he worked in Washington, D.C. as an economist for the Antitrust Division of the Department of Justice and as a regulatory analyst for the Interstate Commerce Commission, and later served a stint in Almaty as an adviser to the National Bank of Kazakhstan. When not lecturing abroad, he makes his home in Washington’s San Juan Islands.

Ed Dolan on Twitter

Recent Blog Posts by Ed Dolan

• People are Drawing the Wrong Lesson from the IRS 501(c)(4) Scandal: We Need to Rethink the Whole Concept of Tax-Exempt Organizations May 20th, 2013
• US CPI Falls in April at Fastest Rate since 2008. Even so, could it be Overstating the True Rate of Inflation? May 17th, 2013
• The Eurozone’s Woes in One Big Chart May 16th, 2013
• Arguments against Exporting Natural Gas Don’t Add Up May 9th, 2013
• US Unemployment Rate Falls to 7.5 Percent, Strong Upward Revisions for Job Growth May 3rd, 2013
• Is the Chained CPI the Right Fix for Social Security? April 29th, 2013
• US GDP Growth Accelerates from a Crawl to a Walk in Q1 April 26th, 2013
• Slovenia Is Not The Next Cyprus, but That Doesn’t Mean It’s Not in Trouble April 15th, 2013
• A Disappointing, Procyclical, and Highly Politicized Budget April 11th, 2013
• US Payroll Job Growth Slows; Unemployment Rate Drops as Labor Force Shrinks April 5th, 2013
• Why Hasn’t the US become another Greece? April 4th, 2013
• Latest US GDP Data Show Economy Weak at Year’s End but Corporate Profits Near Record High March 28th, 2013
• Follow-up: Further Program Notes for the Cyprus Banking Drama March 25th, 2013
• Bailouts, Bail-ins, Haircuts and All That: Program Notes for the Cyprus Banking Drama March 22nd, 2013
• Ten Years On, New Estimates of the Economic Cost of the Wars in Iraq and Afghanistan March 18th, 2013
• Fareed Zakaria is Wrong (Mostly) about the Keystone Pipeline March 11th, 2013
• Are Banks Safe Enough? Do we Really Know? Risk Weighting, Regulatory Arbitrage, and other Issues March 8th, 2013
• What May be Good about the Sequester March 4th, 2013
• Q4 GDP Moves from Negative to Positive, but Details Show Recovery Still on Life Support February 28th, 2013
• Understanding the Plutocrats: Talent vs. Capital, The Illusion of Skill, and the Winner’s Curse February 27th, 2013
• CPI Inflation Stuck at Zero as Fiscal and Monetary Policy Threaten to Turn Procyclical February 22nd, 2013
• Can we Get Along Without the Penny? This Chart May Help you Decide February 19th, 2013
• Growth and Quality of Life: What Can we Learn from Japan? February 15th, 2013
• Too Much Flaring of Natural Gas? How a Carbon Tax could Help February 11th, 2013
• Weekend Reading: The Human Side of the Housing Crash February 8th, 2013
• Why Olive Oil, Good for the Body, is Becoming Bad for the Pocketbook February 4th, 2013
• Strong Job Growth and Upward Revisions Contrast Sharply with Reported GDP Decrease February 1st, 2013
• US GDP Shrinks in Q4. How to Interpret the Bad News? January 30th, 2013
• Debt Sustainability, Growth, Interest Rates, and Inflation: Some Charts for Discussion and Some Inconvenient Truths for MMT January 28th, 2013
• Tax Incentives for Retirement Saving are not Working. Can we Find a Better Way? (Part 2) January 25th, 2013
• Let’s Not Make it Any Harder to Retire; It’s Getting Harder All the Time as it is. (Part 1) January 21st, 2013
• CPI Unchanged in December; Five-Year Inflation Rate Hits 45-Year Low January 16th, 2013
• Can Lithuania’s New Government Meet the Economic Challenges Ahead? January 14th, 2013
• What is the Liquidity Coverage Ratio for Banks and why should we Care that it has been Watered Down? January 11th, 2013
• Inflation Expectations are at a Record Low—or are they Soaring? January 9th, 2013
• What is Holding Back Natural Gas as the Transportation Fuel of the Future? January 7th, 2013
• Long-Term Unemployment Falls as U.S. Job Market Ends 2012 on a Quiet Note January 6th, 2013
• The Not-So-Simple Economics of Right-to-Work Laws January 3rd, 2013
• The Budget Deal: What We Have Left Undone January 1st, 2013
• Latest Data Revisions Show Nominal GDP Gap Started to Close in Q3 December 28th, 2012
• Does Robert F. Kennedy, Jr. Harbor Green Illusions about Solar Power? December 17th, 2012
• US CPI Drops Sharply in November; Inflation Expectations Remain Well Anchored December 14th, 2012
• Green Illusions: The Limits of Alternative Energy December 10th, 2012
• US Unemployment Drops to 7.7 Percent, Lowest Since January 2009; Payroll Jobs Continue Steady Rise December 7th, 2012
• US Q3 GDP Revised Sharply Upward; Corporate Profits, NGDP also Rise November 30th, 2012
• What Does it Mean for Fiscal Policy to be “Sustainable”? MMT and Other Perspectives November 28th, 2012
• Two-Month Spike in CPI Appears to have Run its Course; Deflation Risk Nosedives on Election Outcome November 17th, 2012
• Austerity Bomb? Don’t Panic. Keep Your Eyes on the Prize. November 16th, 2012
• October Data Show Stronger Labor Market as Workers Return and Part-Time Work Falls November 2nd, 2012
• Is Wall Street’s Thirst for Water Really a Dire Threat? Nonsense, Says David Zetland October 31st, 2012
• US Q3 GDP: Good News in the Headlines, Not So Good in the Details October 27th, 2012
• Is China Still a ‘Currency Manipulator’? October 24th, 2012
• Why Do We Need Government to Tell Business to Be Energy Efficient? October 19th, 2012
• The Myth of Affordable Energy — Interview with Ed Dolan October 17th, 2012
• Headline Inflation Stays High in September on Energy Prices but Other Indicators Show Calm beneath the Surface October 16th, 2012
• Forward guidance: Does Bernanke Talk Too Much about How Good his Exit Strategy is? October 11th, 2012
• By One Key Budget Indicator, the Structural Primary Balance, Even Greece Is Doing Better Than the United States. Why That Should Worry Us. October 8th, 2012
• September Jobs Report is the Strongest in Months; Unemployment Falls to 7.8 Percent October 5th, 2012
• Latest GDP Revision Carries a Mixed Message for the Election: Economy Weak, but Corporate Profits Strong September 28th, 2012
• Looming Demise of Wind Power Subsidy Shows the Need to Rethink Both Energy and Tax Policy September 24th, 2012
• Could QE3 Cause the Fed to Go Broke? September 19th, 2012
• Does the August Inflation Spike Mean QE3 was a Mistake? September 16th, 2012
• Quantitative Easing: A Tutorial September 13th, 2012
• August Job Numbers are a Disappointment for Democrats September 7th, 2012
• Simplicity vs. Compexity, Goodhart’s Law, and the Financial Regulator’s Dilemma September 6th, 2012
• Do the Latest GDP and Profit Data Justify Tax Cuts for ‘Job Creators’? August 31st, 2012
• Court Rejects EPA Cross-State Air Pollution Rule. Where to Next? August 27th, 2012
• Latest CBO Budget Projections Underline Need for Goldilocks Budget Deal August 22nd, 2012
• Economists Should Love Paul Ryan’s Support of Policy Rules—but are they the Right Rules? August 20th, 2012
• It’s Unanimous: All Indicators Show Inflation is Slowing, Even the Index of Sticky Prices August 16th, 2012
• Repeal and Replace the Ethanol Mandate August 15th, 2012
• Choice of Ryan as VP Puts Tax Reform Back on the Table August 13th, 2012
• Will the Dutch Disease Kill Hopes Raised by Colombia’s Free Trade Agreement? August 10th, 2012
• Another Weak Jobs Report. Is it Time for the Fed to ‘Throw the Gun?’ August 3rd, 2012
• Sharp Slowdown in Nominal GDP Growth Adds to Pressure on Fed July 28th, 2012
• Some Charts that Explain Doubts about Quantitative Easing and What they Mean for the FOMC July 26th, 2012
• Will Fracking Enrich India’s Guar Farmers? Or America’s? July 23rd, 2012
• CPI Unchanged on Falling Energy Prices; Deflation Risk Begins to Edge Up July 17th, 2012
• The Illusory Economic Benefits of Bringing Back the Draft July 12th, 2012
• More Weak Job Data: Have we Reached the Natural Rate? Is this as Good as it Gets? July 6th, 2012
• The Moral Limits of Markets: When is Standing in Line Better than Paying a Price? July 2nd, 2012
• Latest Data Show U.S. Corporate Profits Falling Due to Global Woes While GDP Growth Remains Sluggish June 28th, 2012
• Fourteen Minutes a Day: What the Great Recession has Done to the Way We Spend our Time June 25th, 2012
• Behind the Russian Protests: Rising Economic Expectations and a Business Leader Turned Activist June 18th, 2012
• Latest Data Show US Export Drive is Faltering June 16th, 2012
• All Major US Inflation Measures Fall Below Fed Targets in May June 14th, 2012
• Globalization and Inequality: Is there a Superstar Effect, and if so, What does it Mean? June 11th, 2012
• Latest Data Show We Are Already on a Downslope Toward the Fiscal Cliff June 4th, 2012
• Economic Follies of the 1960s Echo in the 2012 Presidential Campaign May 25th, 2012
• Inflation is Quiet, So Why are People Still Feeling its Pain? May 18th, 2012
• How the Latin Triangle Swallowed the Euro May 11th, 2012
• Looking for the Good News in the April Jobs Report May 5th, 2012
• Fracking and the Environment: An Economic Perspective May 4th, 2012
• US GDP Data: Private Sector Grows 2.8% in Q1 2012, Government Continues to Shrink April 28th, 2012
• The Charitable Deduction as a Tax Expenditure: What it Buys and What to Do About It (Part 2) April 27th, 2012
• The Charitable Deduction as a Tax Expenditure: What it Buys and What to Do About It (Part 1) April 20th, 2012
• Latest Inflation Data Show Little Sign that Gasoline Prices are Derailing the Recovery April 14th, 2012
• What Happened When Poland’s Fixed Exchange Rate Experiment Failed: Lessons for a Euro Divorce April 13th, 2012
• Latest Jobs Data Show Employment Ratio Remains Low: Why Legalizing Marijuana Would Help it Recover April 6th, 2012
• U.S. Domestic Income Grows Strongly in Q4 2011, Outpacing Growth of GDP March 31st, 2012
• How to Protect Wetlands and How Not to Do it: Lessons from Tax Policy March 28th, 2012
• Please, Secretary Chu, Retract your Retraction. High Gas Prices are Good. You Were Right the First Time. March 16th, 2012
• February Jobs Market Report Shows Across the Board Strength March 9th, 2012
• Finally, Proof (Real Proof, not Just Data) of What Inflation Has Done to Our Economy March 8th, 2012
• Latest Data Suggest Output Gap is Closing but Employment Gap is Closing Faster February 29th, 2012
• When Does ‘It Will Hurt the Poor’ Outweigh ‘It’s Good for the Environment?’ February 24th, 2012
• Updated Seasonal Factors Remove Much of the Volatility from 2011 Monthly CPI Data February 18th, 2012
• Reforming the Payroll Tax: We Need More Than Another Temporary Cut. We Need a Permanent Fix February 14th, 2012
• Latest Economic Data Begin to Shift the Counterfactual in Favor of Democrats February 6th, 2012
• What Happened to Corporate Tax Reform? February 2nd, 2012
• Faster GDP Growth Will Be Welcome News for the White House, Despite “Ifs” and “Buts” in the Details January 27th, 2012
• Controversy over Romney’s Taxes Underlines the Need for Broad Reform January 23rd, 2012
• U.S. Inflation Indicators Come in Below Target as the Global Economy Begins to Slow January 19th, 2012
• Court’s Latest Stay of Clean Air Regulations Shows the Best Can Be the Enemy of the Good January 12th, 2012
• Best Jobs Report in a Long Time Leads Off the Election Season January 6th, 2012
• Why the Russian Economy Is No Longer a Big Plus for Putin January 3rd, 2012
• Best Economics News Story of 2011: Dickens Meets Hayek in a Mumbai Slum December 31st, 2011
• Linking Keystone XL to the Payroll Tax Only Shows Why we Need a Real Energy Policy December 22nd, 2011
• Latest Price Data Show US on Brink of Deflation as World Economy Slows December 16th, 2011
• What Do the Russian Protesters Want? One Observer’s View of Problems and Needed Reforms December 11th, 2011
• Can New Fiscal Rules Save the Euro? Three Details to Watch For December 6th, 2011
• Afghanistan’s Economic Future, Aid, and the Curse of Riches December 1st, 2011
• Downward Revision of US GDP Strengthens Case for New Stimulus November 25th, 2011
• On Technical Barriers to Leaving the Euro and Learning from Others’ Experience November 20th, 2011
• Easing Inflation Pressure Gives Fed Extra Room to Maneuver in Face of Euro Crisis November 16th, 2011
• Understanding the New View of Poverty (2): What Helps and What Hurts November 14th, 2011
• Understanding the New View of Poverty (1): The Erosion of Stereotypes November 8th, 2011
• October Job Growth Still Slow but Details Hold a Bit of Good News November 5th, 2011
• NGDP Targeting is the Natural Heir to Monetarism November 3rd, 2011
• Can Spaceship Earth Carry Seven Billion Passengers, and More to Come? October 30th, 2011
• US GDP Growth Stronger in Q3 as Economy Enters Expansion October 27th, 2011
• Only Economists Can Save the Planet October 24th, 2011
• The Senate’s Currency Manipulation Bill Is Not Only Bad Policy, but Unnecessary October 12th, 2011
• What the Wall Street Protesters Want: An Economic Commentary on the “Contract for the American Dream.” October 6th, 2011
• How Gordon Brown Saved Britain from the Euro and Why that Makes him a Hero October 2nd, 2011
• Natural Gas Flaring, Carbon Taxes, and the Risk of Alien Invasion September 29th, 2011
• The UBS-Adoboli Scandal Shows the Problem of Negatively Skewed Risk is Still With Us September 20th, 2011
• U.S. Working-Age Poverty Hits a Record High: What it Means for the Budget Debate September 13th, 2011
• Why Rolling Back Environmental Protection is the Wrong Fix for Jobs September 11th, 2011
• How Germany Free-Rides on the Euro August 28th, 2011
• Why Rick Perry’s Position on Climate Change Makes Him a True Conservative August 18th, 2011
• US Employment-Population Ratio Hits a New Low: Why it Matters for the Budget Debate August 7th, 2011
• How Smart Fiscal Rules Keep Sweden’s Budget in Balance July 31st, 2011
• How Intelligent Budget Rules Help Chile Prosper: Lessons for the US July 24th, 2011
• Is a 56.2 MPG Fuel Economy Standard Really a Good Idea? July 15th, 2011
• Yes, The U.S. Needs Fiscal Policy Rules, but Not Hatch-Lee July 10th, 2011
• If QE2 Was Price-Level Targeting, It is Starting to Work June 17th, 2011
• One Year Later, How Much has China’s Yuan Appreciated? June 13th, 2011
• Failure of Austerity in Europe? What Does the Latvian Exception Prove? May 26th, 2011
• Will Shifting Political Winds Finally Kill Ethanol Subsidies? May 18th, 2011
• Are Financial Regulators Flying Blind? Would Better “Risk Topography” Help? May 12th, 2011
• The Ecosocialist Critique of Capitalism vs. Real World Socialism April 29th, 2011
• What Can We Learn About the Ryan Medicare Plan from the German Experience? April 22nd, 2011
• Is Tax Reform on the Table, or Not? April 15th, 2011