Things to Read on the Evening of June 2, 2015

Must- and Should-Reads:

• Must-Read: BP: Oil and Gas Majors Call for Carbon Pricing
• Elon Musk (2006): “The master plan is: (i) Build sports car (ii) Use that money to build an affordable car (iii) Use that money to build an even more affordable car (iv) While doing above, also provide zero emission electric power generation options. Don’t tell anyone”
• Stanley Fischer: “The tightening of U.S. policy will begin only when the U.S. expansion has advanced far enough–when we have seen further improvement in the labor market and when we are reasonably confident that the inflation rate will rise to our 2% goal…”
• Richard Thaler: “In the end of the book I have this somewhat snide call for empirically based economics, evidence-based economics. One could reasonably ask, ‘What other kind of economics could there be?’…”
• Brad Plumer: Adapting to climate change is going to be much messier than we think – Vox
• David Wessel: IMF Economists’ Surprising Advice on Federal Debt: Don’t Worry About It
• Must-Read: Claudia R. Sahm, Matthew D. Shapiro, and Joel Slemrod: Balance-Sheet Households and Fiscal Stimulus: Lessons from the Payroll Tax Cut and Its Expiration
• Must-Read: Belle Sawhill: Generation Unbound
• Susan Dynarski: For the Poor, the Graduation Gap Is Even Wider Than the Enrollment Gap

Also Here at Equitable Growth—The Equitablog

• Nick Bunker: Is rising U.S. income inequality due to inequality inside individual firms? – Washington Center for Equitable Growth
• Nick Bunker: What explains the decline in U.S. public corporations?

Might Like to Be Aware of:

• Ed Kilgore: “To a certain long-in-the-tooth species of Clinton-hater, the appearance of Sid Blumenthal… was a big aha! moment where old grudges could be resurrected and pursued with new vigor…. [But] the evidence of any wrongdoing by Blumenthal is vanishingly absent. The ‘business interests in Libya’ that got the initial headlines turn out to have been an emergency relief project… [that] had nothing to do with the paid work he was doing for the Clinton Foundation. And there’s zero indication he asked Clinton for any favors from the State Department or the Obama administration, or received any…”
• Paul Adams: Why Cards are the Future of the Web
• A Little Night Music – Wikipedia, the free encyclopedia
• Evan Soltas: Who Is on the RUC?