Must-reads: December 17, 2015
- The Low Countries in the Transition to Capitalism: “The medieval and early modern Northern and Southern Netherlands… [were] the most highly urbanized and commercialized regions in Europe…” (2001):
- Are the Robots Taking Enough Jobs?: “[Without] big increases in… labour-saving technology… slower growth and… greater share[s] of… incomes… to support the retired…” :: I find myself, more and more, wanting substantive integrated studies of…productivity… :
- Secular Drivers of the Global Real Interest Rate: “Slowing global growth… demographic forces, higher inequality and to a lesser extent the glut of precautionary saving… falling relative price of capital, lower public investment, and… an increase in the spread between risk-free and actual interest rates…” :: What the weights should be on these five possible cures… is not clear to me. :