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Steven Medema

@spydermed.bsky.social
1.2K followers 233 following 457 posts

Economist and historian of economics @ Duke. Unhealthy fascination with the Coase theorem.

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Reposted by Steven Medema
undercoverhist.bsky.social @undercoverhist.bsky.social · 02/09/2026
1/n We've just put a new (long) paper online: osf.io/preprints/so... It's a new history of macroeconomics, and it's been one very, very important for me to write It summarizes what historians of macro have been up to in the 10 years, but more importantly...
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Steven Medema @spydermed.bsky.social · 08/08/2026
I have thoughts …
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Steven Medema @spydermed.bsky.social · 06/05/2026
Good stuff on offer here. Then again, I may be slightly biased. But if you are interested in Manne’s entrepreneurial trajectory in spreading the law and economics gospel, this paper provides a window into an important early effort.
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Steven Medema @spydermed.bsky.social · 09/02/2026
There is no truth to the rumor that there is bbq sauce stain on this flier. That said, there will be good ‘q on offer at the SI, as always. Y’all come join us!
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Steven Medema @spydermed.bsky.social · 16/12/2025
The Center for the History of Political Economy at Duke University is now accepting applications for the 2026-27 Visiting Scholars program. For a complete description of the program and how to apply, please visit the Center website: hope.econ.duke.edu Come join us!
hope.econ.duke.edu
Front Page | Center for the History of Political Economy
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Steven Medema @spydermed.bsky.social · 11/05/2025
No, way better. He just wrote my price controls lecture for Econ 101 next spring. Always nice to get a head start on teaching.
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Steven Medema @spydermed.bsky.social · 08/05/2025
Who says history of economics research isn’t relevant? Humbled and honored …
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Steven Medema @spydermed.bsky.social · 23/03/2025
Shot, chaser.
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Steven Medema @spydermed.bsky.social · 17/03/2025
If I disappear after my Econ 101 lecture on international economics in a couple of weeks, at least y’all will know what happened to me. (Upside: I avoid the three weeks of macro lectures.)
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Steven Medema @spydermed.bsky.social · 11/03/2025
Another day, and more winning! Reminds me of the good ol’ days when my Detroit Lions went 0-16. Former glory is being restored!
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Steven Medema @spydermed.bsky.social · 10/03/2025
So much winning.
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Reposted by Steven Medema
Morgan J Freeman @mjfree.bsky.social · 28/02/2025
I stand with Ukraine 🇺🇦 ❤️ if you do, too.
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Steven Medema @spydermed.bsky.social · 22/02/2025
Posted for no particular reason. 🤡
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Steven Medema @spydermed.bsky.social · 19/02/2025
@gelbach.bsky.social is a fine scholar and a wonderful person. However, I simply will not stand for him insulting young ferrets in this way. Free speech rights should not extend to this sort of monstrous, slanderous sort of talk.
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Steven Medema @spydermed.bsky.social · 16/02/2025
Looking forward to Cruz pointing out the wokeness of the Coase theorem, since it tells us that we can indulge distributional preferences with zero efficiency consequences.
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Reposted by Steven Medema
Nicolas Brisset @nbrisset.bsky.social · 15/02/2025
The birth and death of the French NBER, by Serge Benest. #EconFR journals.openedition.org/rhsh/9672
journals.openedition.org
Cash Is Not King
Assessing the achievements of the École des hautes études en sciences sociales (EHESS) in the mid-1980s, its administrator, René Marzocchi, observed: “There has been a failure to graft these high-q...
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Steven Medema @spydermed.bsky.social · 15/02/2025
Roses are red Duke is blue We love structural But you do you. @instrumenthull.bsky.social
media.tenor.com
a man in a superhero costume holds a blue and black flag with a cat on it
ALT: a man in a superhero costume holds a blue and black flag with a cat on it
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Steven Medema @spydermed.bsky.social · 14/02/2025
New Econ 101 test question just dropped.
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Steven Medema @spydermed.bsky.social · 14/02/2025
Important new work by Malcolm Rutherford on the history of Blacks in American economics—the early generation of those earning PhDs. @trevondlogan.bsky.social papers.ssrn.com/sol3/papers....
papers.ssrn.com
THE FIRST GENERATION OF AFRICAN AMERICAN PhDs in ECONOMICS
This paper deals with the history of the African Americans who gained PhDs in economics from the first in 1921 until 1943. Roughly the first generation of Afric
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Reposted by Steven Medema
David Gindis @dgindis.bsky.social · 12/02/2025
Great to see this with @spydermed.bsky.social published online! read.dukeupress.edu/hope/article...
read.dukeupress.edu
One Man a Committee Does Not Make: Henry Manne, the AEA-AALS Joint Committee, and the Struggle to Institutionalize Law and Economics | History of Political Economy | Duke University Press
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Steven Medema @spydermed.bsky.social · 12/02/2025
The big Econ 101 class lecture today is on public goods. If only there were something in the news to motivate the lecture … 🤔
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Steven Medema @spydermed.bsky.social · 08/02/2025
One of the screams you hear is the collective one of about 10,000 applied economists who see an endless stream of natural experiments unfolding before them alongside the collapse of funding for the research on them.
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Steven Medema @spydermed.bsky.social · 29/01/2025
Get to teach the Jevons paradox to my 230 Econ 101 students tomorrow. We are so back!! #HistoryOfEconomicsFTW
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Steven Medema @spydermed.bsky.social · 29/01/2025
A clown car, wrapped inside a shit show, wrapped inside a dumpster fire. Sort of the turducken of governance.
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Steven Medema @spydermed.bsky.social · 28/01/2025
Hi. I am teaching Econ 101 this term.
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Steven Medema @spydermed.bsky.social · 27/01/2025
This is what happens because nobody reads Adam Smith anymore. 🤣 @florianederer.bsky.social @anthonyleezhang.bsky.social @bengolub.bsky.social
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Steven Medema @spydermed.bsky.social · 22/01/2025
C’mon, Justin. Hockey pucks (official NHL ones) and tequila. Strategic trade policy. Someone is playing chess while the rest of us are playing checkers.
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Steven Medema @spydermed.bsky.social · 22/01/2025
This is sweet. Looking forward to seeing the research produced utilizing it and subsequent national databases. The possibilities are immense!
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Steven Medema @spydermed.bsky.social · 21/01/2025
If we were a little farther along in the semester, a “Pick an Executive Order and subject it to demand-supply analysis” would make for an interesting assignment for the coming weekend for my 101 students.
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Steven Medema @spydermed.bsky.social · 19/01/2025
Got to spend 2 hrs at Duke women’s hoops game today listening to dude behind me mansplaining the whole game and college hoops generally to his gf/partner. Externalities are everywhere. (And no, my WTP was clearly nowhere near high enough to bribe this happy mansplainer into silence.)
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Steven Medema @spydermed.bsky.social · 15/01/2025
This. 👇 The whole damn thread. This year I am thankful for theorists who show us possibilities and theorists who show us limitations. Good policy is hard.
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Steven Medema @spydermed.bsky.social · 13/01/2025
Now people are going to think I grew up on a farm or a ranch …
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Steven Medema @spydermed.bsky.social · 12/01/2025
There is a paper on tie-in sales just waiting to be written here.
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Reposted by Steven Medema
derek guy @dieworkwear.bsky.social · 09/01/2025
For SoCal friends, Here is a list of resources for shelter, animal boarding, free items, and distribution hubs. These places can also use donations (e.g., food, water, masks, and blankets). Please consider donating if you can. For more info, visit Instagram: mutualaidla
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Steven Medema @spydermed.bsky.social · 05/01/2025
Every one of my Econ 101 lectures opens with a song, somehow related to topic of lecture, written before the students—and sometimes even their parents—were born. Our job is to expand their knowledge base!
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Steven Medema @spydermed.bsky.social · 05/01/2025
Now do professors. www.nytimes.com/2024/12/30/s...
nytimes.com
In the Quarter-Zip Era, These Coaches Still Wear Suits
Fashion among basketball coaches has been decidedly casual since the pandemic began, but a handful of college coaches are still dressed for success.
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Steven Medema @spydermed.bsky.social · 04/01/2025
My favorite application of mechanism design. 20 years ago, I was a match for my uncle, who is still going strong today. But a friend of mine (an excellent Duke PhD student) was not so fortunate and died waiting for a liver. The n-way pairing saves countless lives. An amazing gift to society.
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Steven Medema @spydermed.bsky.social · 04/01/2025
Your daily ‘marginal incentives actually matter’ tweet.
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Steven Medema @spydermed.bsky.social · 31/12/2024
I write about economists and legal scholars arguing over whether all really is for the best in the best of all possible worlds.
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Steven Medema @spydermed.bsky.social · 25/12/2024
I am an economist, and when I give a movie 7/10 it means that I would also give it 7/10 if I watched it from finish to start.
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Steven Medema @spydermed.bsky.social · 24/12/2024
Teeing this one up for @khoavuumn.bsky.social
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Steven Medema @spydermed.bsky.social · 24/12/2024
This is blasphemy.
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Steven Medema @spydermed.bsky.social · 23/12/2024
Started, Going. The spring Econ 101 course gets more exciting every day.
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Steven Medema @spydermed.bsky.social · 20/12/2024
This is an indication of someone who has no business being a journal editor. The proper procedure here is to send the referee request ON CHRISTMAS DAY, not five days ahead of it.
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Reposted by Steven Medema
Brian Eason @brianeason.bsky.social · 18/12/2024
Still thinking about this epic whiskey review @byryanmartin.bsky.social sent me a few days ago “My third taste reminds me that this is, in fact, whiskey.” www.amongstthewhiskey.com/post/bushmil...
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Steven Medema @spydermed.bsky.social · 04/12/2024
I had a joke about the Coase theorem, but it was the same as every other joke.
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Steven Medema @spydermed.bsky.social · 03/12/2024
New test of the Coase theorem just dropped.
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Steven Medema @spydermed.bsky.social · 02/12/2024
Natural experiment just dropped, courtesy of the State of North Carolina.
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Reposted by Steven Medema
Jamie Peck @jamiepeck.bsky.social · 17/11/2024
pls share: funded by EPA: Economy & Space, up to 8 travel + accommodation stipends available to enable doctoral & postdoctoral researchers to participate in the "ideational geographies" workshop at UBC, June 11-13, 2025. Application details: blogs.ubc.ca/peck/researc...
blogs.ubc.ca
Ideational geographies workshop
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Steven Medema @spydermed.bsky.social · 29/11/2024
I keep thinking me, @paulgp.com, and an Edgeworth box. (And yes, Paul, I have icing!)
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