Must-Reads Found on November 16 and November 17, 2015
- : Uber Is Not the Future of Work: “Driving mostly for supplementary income on a transitory basis…” :: I’m with Larry Mishel here: Why do people think Uber-type companies are an important deal, again? Uber, AirBNB, Criagslist… and what else?
- : The Value and Limits of Economic Models: “The alleged failings of economics are now widely understood…. Rodrik no doubt set out to offer an evenhanded view of modern economics, [but] in the end he winds up delivering a fairly devastating critique…” :: Let me agree with Steve Perlstein here: the economics that Dani Rodrik praises is not the strongest current, outside of our liberal-arts non-business school ivory towers, and not always even in them.
- : The Pre-Great-Recession Slowdown in U.S. Productivity Growth: “Counting “free” digital goods wouldn’t raise market productivity much…” :: I do not understand what John Fernald is getting at here: Who cares if it is not “market” but “home” production?
- : Where Fed’s Critics Got It Wrong in GOP Debate: “The Federal Reserve was instrumental in easing the impact of the Great Recession…” :: Critics of expansionary macro policies in a high-slack low-inflation economy have taken over Republican-Party economic policy. Can somebody please tell me what is going on?