Must-Reads; August 23, 2016
- Richard Mayhew: ObamaCare APTC Hacks: There are other exchange strategies that don’t rely as much on manipulating… [Silver Plan price] structures…
- Henry Aaron: How to Rescue Obamacare as Insurers Drop Out: There is a good fix for much of this problem…
- Seth Lloyd: Quantum Computer Reality: The 15th-century Renaissance was triggered by a flood of new information which changed how people thought about everything…
- Alexandra Scaggs: There’s No Yield, and Citi Isn’t Going to Take It Anymore: Citi’s Matt King has some harsh words for central bankers…
- Dean Baker: Stanley Fischer Rewrites Fed Inflation Target, Prepares to Throw People Out of Work: MarketWatch…. quotes Stanley Fischer… as saying, “We are close to our targets” for inflation and unemployment…
- Suresh Naidu and Noam Yuchtman: Lessons on inequality, labour markets, and conflict from the Gilded Age: A key feature of successful strikes was the ability of incumbent employees to prevent the use of replacement workers, via persuasion, pickets, or violence…
- Brad Setser: IMF Cannot Quit Fiscal Consolidation (in Asian Surplus Countries): In theory, the IMF now wants current account surplus countries to rely more heavily on fiscal stimulus and less on monetary stimulus…
Should Reads:
- Alex Hern: If the age of self-driving cars is upon us, what’s keeping them off the roads?
- J. Bradford DeLong and Lawrence H. Summers (1992): Policies for Long-Run Growth
- Live from the Banks of the Missouri: Thursday, October 13, 2016: 2016 Kansas Economic Policy Conference: Reimagining Kansas: Policy Implications Now and in the Future:
- The Wayback Machine: From Ten Years Ago: August 17-August 23, 2006
- (Early) Monday DeLong Smackdown: Pseudoerasmus of Chokurdakh on DeLong and Eichengreen on the Marshall Plan