Must-Reads Up to the Wee Hours of December 2, 2015
- : The False Promise of a Rules-Based Fed: “The Fed will repeatedly change the rule… [or] stick to the rule longer than it should…” :: It does boggle my mind that John Taylor and Paul Ryan would take the 2004-today experience as suggesting that the Federal Reserve should be even loosely bound by any sort of policy “rule”
- : Pre-Industrial Inequality: “Compare… inequality to the maximum feasible inequality that… might have been ‘extracted’ by those in power…’ :: And the ‘winner’ for all time–in terms of success at extracting as much wealth from the workers as possible given resources, population, and technology–is Mughal India in 1750!
- : The New Supply-Side Economics
- : China’s Macro Disconnect
- : Growth and Inequality in America: From Colony to Superpower
- : The Fed’s Lift-Off: Keep Calm and Carry On
- : Capital in the 21st Century
- : The World is Halfway to 2°C
- : Before DRM, There Were Mesopotamian Boundary Stones
- : “In this age of gentrification, housing policy has become much more important than most people realize.”
- : Income Inequalities in Perspective
- : The 5 New Questions That Will Determine If There’s a Government Shutdown in 2 Weeks