Arnold Kling

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Arnold Kling
Born 1954 (age 69–70)
Fields Economics
Institutions Federal Reserve System
Freddie Mac
Cato Institute
Alma mater Swarthmore College (B.S.)
MIT (Ph.D.)

Arnold Kling (born 1954) is an American economist, scholar, and blogger known for his writings on EconLog, an economics blog, along with Bryan Caplan and David R. Henderson.[1] Kling now has his own blog, askblog which sports the motto: "taking the most charitable views of those who disagree." The "ask" in askblog apparently stands for "Arnold S. Kling." He is an Adjunct Scholar for the Cato Institute and is affiliated with the Mercatus Center.

Kling graduated from Swarthmore College in 1975 and received a Ph.D. in economics from Massachusetts Institute of Technology. He worked as an economist in the Federal Reserve System from 1980 to 1986. He served as a senior economist at Freddie Mac from 1986 to 1994. He started, developed and sold from 1994 to 1999. He teaches statistics and economics at the Berman Hebrew Academy in Rockville, Maryland. In 2004 and 2005, he taught "Economics for the Citizen" at George Mason University in Fairfax, Virginia.

Kling has commented on hydraulic macroeconomics and is the author of Crisis of Abundance: Rethinking How We Pay for Health Care, which was published in 2006; Unchecked and Unbalanced: How the Discrepancy Between Knowledge and Power Caused the Financial Crisis and Threatens Democracy, published in 2009; and From Poverty to Prosperity: Intangible Assets, Hidden Liabilities and The Lasting Triumph over Scarcity, also published in 2009.

During the last five years, Kling has sought to establish a new concept in economics that he calls "Patterns of Sustainable Specialization and Trade" or PSST for short. He has contrasted this with more typical Aggregate Supply-Aggregate Demand models. He has proffered the model for discussions in both blog posts and working papers: including at econlog and askblog as well as at the Adam Smith Institute and a Capitalism and Society essay hosted at


  1. Arnold Kling Adjunct Scholar. Cato Institute, 2011. Retrieved 6 July 2011.

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