Must-reads: May 1, 2016

• Branko Milanovic: There is a trade-off between citizenship and migration
• Arindrajit Dube and Ben Zipperer: Puerto Rico’s predicaments: Is its minimum wage the culprit?
• Ben Spielberg: How to Prepare for the Next Recession
• Olivier Blanchard et al. (2010): Rethinking Macro Policy
• Jim Tankersley: The world has too many workers. Here’s one way to fix it
• Ben Thompson (2013): Obsoletive: Revolutionary Products in Tech Don’t Disrupt–They Obsolete

Should-reads:

• Paul Krugman: When Europe Stumbled: “Things really go off track only in 2011-2012… [when] Europe was doing a lot of austerity. But so… was the U.S., between the expiration of stimulus and cutbacks at the state and local level. The big difference was monetary…”
• Jeff Spross: Sorry, Obama: Your economic policies weren’t ‘awesome’
• Karl Polanyi (1985): For a New West: Essays, 1919-1958
• Tim Jost: Medicaid Managed Care Final Rule: Examining The Alignment With Qualified Health Plan Requirements (Updated)