Gene Epstein
Encyclopedia
Gene Epstein, an Austrian
Economist
, is Barron's
economics editor and writes the column Economic Beat.
and MA in economics from the New School, Gene Epstein taught economics at St. John’s University and the City University of New York
, publishing Making Money in Commodities (1976).
Gene Epstein went on to work as a senior economist for the New York Stock Exchange
and with co-author William C. Freund published People and Productivity: The New York Stock Exchange Guide to Financial Incentives and the Quality of Work Life in 1984.
In 1993 he became Barron's
economics editor and columnist of Economic Beat. Since writing Econospinning (2006) Gene Epstein is a frequent speaker on the conference circuit and has appeared on NPR, CNBC
, CNN
, Fox
, and BBC TV.
, New York Review of Books, the New Yorker
, and the Economist
. Paul Krugman
, Lou Dobbs
, Brad DeLong, and Freakonomics
writers Steven Levitt
and Stephen J. Dubner
are among some of the individuals singled out in Econospinning.
While garnishing some positive reviews many of the major media outlets criticized have chosen to ignore the book.
When first published in 2006, controversy erupted in the blogosphere
after Tyler Cowen
mentioned the book in his blog Marginal Revolution
. Brad Delong's review provoked Epstein to respond on Luskin
’s blog, igniting into an all out flamewar and culminating with Gene Epstein launching of his own blog Econospinning.com which fell out of use sometime in 2007.
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Austrian School
The Austrian School of economics is a heterodox school of economic thought. It advocates methodological individualism in interpreting economic developments , the theory that money is non-neutral, the theory that the capital structure of economies consists of heterogeneous goods that have...
Economist
Economist
An economist is a professional in the social science discipline of economics. The individual may also study, develop, and apply theories and concepts from economics and write about economic policy...
, is Barron's
Barron's Magazine
Barron's is an American weekly newspaper covering U.S. financial information, market developments, and relevant statistics. Each issue provides a wrap-up of the previous week's market activity, news reports, and an informative outlook on the week to come....
economics editor and writes the column Economic Beat.
Career
Earning a BA from Brandeis UniversityBrandeis University
Brandeis University is an American private research university with a liberal arts focus. It is located in the southwestern corner of Waltham, Massachusetts, nine miles west of Boston. The University has an enrollment of approximately 3,200 undergraduate and 2,100 graduate students. In 2011, it...
and MA in economics from the New School, Gene Epstein taught economics at St. John’s University and the City University of New York
City University of New York
The City University of New York is the public university system of New York City, with its administrative offices in Yorkville in Manhattan. It is the largest urban university in the United States, consisting of 23 institutions: 11 senior colleges, six community colleges, the William E...
, publishing Making Money in Commodities (1976).
Gene Epstein went on to work as a senior economist for the New York Stock Exchange
New York Stock Exchange
The New York Stock Exchange is a stock exchange located at 11 Wall Street in Lower Manhattan, New York City, USA. It is by far the world's largest stock exchange by market capitalization of its listed companies at 13.39 trillion as of Dec 2010...
and with co-author William C. Freund published People and Productivity: The New York Stock Exchange Guide to Financial Incentives and the Quality of Work Life in 1984.
In 1993 he became Barron's
Barron's Magazine
Barron's is an American weekly newspaper covering U.S. financial information, market developments, and relevant statistics. Each issue provides a wrap-up of the previous week's market activity, news reports, and an informative outlook on the week to come....
economics editor and columnist of Economic Beat. Since writing Econospinning (2006) Gene Epstein is a frequent speaker on the conference circuit and has appeared on NPR, CNBC
CNBC
CNBC is a satellite and cable television business news channel in the U.S., owned and operated by NBCUniversal. The network and its international spinoffs cover business headlines and provide live coverage of financial markets. The combined reach of CNBC and its siblings is 390 million viewers...
, CNN
CNN
Cable News Network is a U.S. cable news channel founded in 1980 by Ted Turner. Upon its launch, CNN was the first channel to provide 24-hour television news coverage, and the first all-news television channel in the United States...
, Fox
Fox Broadcasting Company
Fox Broadcasting Company, commonly referred to as Fox Network or simply Fox , is an American commercial broadcasting television network owned by Fox Entertainment Group, part of Rupert Murdoch's News Corporation. Launched on October 9, 1986, Fox was the highest-rated broadcast network in the...
, and BBC TV.
Econospinning
Published in 2006, Gene Epstein critiques the media’s handling of economic news, detailing the errors of such politically divergent groups as the New York Times, Wall Street Journal, Financial TimesFinancial Times
The Financial Times is an international business newspaper. It is a morning daily newspaper published in London and printed in 24 cities around the world. Its primary rival is the Wall Street Journal, published in New York City....
, New York Review of Books, the New Yorker
The New Yorker
The New Yorker is an American magazine of reportage, commentary, criticism, essays, fiction, satire, cartoons and poetry published by Condé Nast...
, and the Economist
The Economist
The Economist is an English-language weekly news and international affairs publication owned by The Economist Newspaper Ltd. and edited in offices in the City of Westminster, London, England. Continuous publication began under founder James Wilson in September 1843...
. Paul Krugman
Paul Krugman
Paul Robin Krugman is an American economist, professor of Economics and International Affairs at the Woodrow Wilson School of Public and International Affairs at Princeton University, Centenary Professor at the London School of Economics, and an op-ed columnist for The New York Times...
, Lou Dobbs
Lou Dobbs
Louis Carl "Lou" Dobbs is an American journalist, radio host, television host on the Fox Business Network, and author. He anchored CNN's Lou Dobbs Tonight until November 2009 when he announced on the air that he would leave the 24-hour cable news television network.He was born in Texas and lived...
, Brad DeLong, and Freakonomics
Freakonomics
Freakonomics: A Rogue Economist Explores the Hidden Side of Everything is a 2005 non-fiction book by University of Chicago economist Steven Levitt and New York Times journalist Stephen J. Dubner. The book has been described as melding pop culture with economics, but has also been described as...
writers Steven Levitt
Steven Levitt
Steven David "Steve" Levitt is an American economist known for his work in the field of crime, in particular on the link between legalized abortion and crime rates. Winner of the 2004 John Bates Clark Medal, he is currently the William B...
and Stephen J. Dubner
Stephen J. Dubner
Stephen J. Dubner is an American journalist who has written four books and numerous articles. Dubner is best known as co-author of the pop-economics book Freakonomics: A Rogue Economist Explores the Hidden Side of Everything and its 2009 sequel, SuperFreakonomics.-Background:His parents were...
are among some of the individuals singled out in Econospinning.
While garnishing some positive reviews many of the major media outlets criticized have chosen to ignore the book.
When first published in 2006, controversy erupted in the blogosphere
Blogosphere
The blogosphere is made up of all blogs and their interconnections. The term implies that blogs exist together as a connected community or as a social network in which everyday authors can publish their opinions...
after Tyler Cowen
Tyler Cowen
Tyler Cowen is an American economist, academic, and writer. He occupies the Holbert C. Harris Chair of economics as a professor at George Mason University and is co-author, with Alex Tabarrok, of the popular economics blog Marginal Revolution...
mentioned the book in his blog Marginal Revolution
Marginal Revolution
Marginal Revolution is a blog focused on economics run by economists Tyler Cowen and Alex Tabarrok, both of whom teach at George Mason University. The blog's slogan is "Small steps toward a much better world." The site is updated daily and focuses on current events and newly released reports or books...
. Brad Delong's review provoked Epstein to respond on Luskin
Donald Luskin
Donald Luskin is Chief Investment Officer for Trend Macrolytics LLC, a consulting firm providing investment strategy and macroeconomics forecasting and research for institutional investors....
’s blog, igniting into an all out flamewar and culminating with Gene Epstein launching of his own blog Econospinning.com which fell out of use sometime in 2007.
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External links
- C-SPAN Video Library of Gene Epstein
- Interview on EcontalkEconTalkEconTalk is a weekly podcast hosted by professor Russell Roberts at George Mason University. Roberts interviews guests—often professional economists—on topics in economics....
about the Gold StandardGold standardThe gold standard is a monetary system in which the standard economic unit of account is a fixed mass of gold. There are distinct kinds of gold standard... - Interview on NPRNPRNPR, formerly National Public Radio, is a privately and publicly funded non-profit membership media organization that serves as a national syndicator to a network of 900 public radio stations in the United States. NPR was created in 1970, following congressional passage of the Public Broadcasting...
about the unemployment rate - Review of Econospinning