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Welcome to Stephanomics

Stephanie Flanders | 09:33 GMT, Friday, 23 January 2009

I'm an economist who always wanted to be a journalist. Or maybe a journalist who always wanted to be an economist. Either way, I've spent most of my life trying to bring economic ideas to a wider audience. And that's what I want to do in this blog.

Not so long ago, economics was a dry and dismal backwater. The "macro" issues had more or less gone away. We all lived in a Goldilocks world economy where the mix of growth and inflation was "just right". And the "micro" side of economics - all that stuff about incentives and why people do what they do - well, that was safely locked in the impenetrable prose of academic journals.

money and newspaper cuttings. debt, credit, recession, coinsNot any more. The fairytale economy of the nineties and noughties has turned out to be just that - a fairy tale. Old-fashioned macroeconomics is back, and the commentators are brushing up on the formal definition of a slump. Thanks to books like Freakonomics, The Undercover Economist, and others, the "micro" side of economics has come out of the woodwork as well.

So I don't think I'll be short of subject matter for this blog. There will be plenty of day-to-day observations on economic events - and plenty of economic events to write about. But I hope to also find time for some more considered entries along the way. And I've spent a fair bit of my career in the US, so don't expect me to focus only on the UK. You live in a global economy, and so does Stephanomics.


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