Noah Smith, a PhD candidate in economics at the University of Michigan, blogs at Noahpinion. Originally from College Station, Texas, Noah majored in physics at Stanford University, graduating in 2003. After college, he moved to Osaka, Japan, where he worked for 2.5 years as a research assistant and academic editor. In 2006 he returned to the U.S. to get his PhD.
Noah’s academic research is about financial bubbles, including their causes and their implications for the macroeconomy. His dissertation is on experimental investigations into the behavior of individual investors during bubbles, including speculation and herd behavior.
Noah started Noahpinion in 2005 as a way to write down his thoughts on various topics. In late 2010, frustrated with the response (or lack of response) of much of the economics profession to the financial crisis of 2008, he turned Noahpinion into an economics blog. He has focused on the academic culture of the economics field, how this culture has hampered the discipline’s response to the crisis, and the efforts of economists who are working to change things for the better. More recently, he has begun an effort to present esoteric economic research in a way that is comprehensible to the general literate public without being dumbed down.