Must-Reads: September 21, 2016
- Laura Tyson and Anu Madgavkar: The Great Income Stagnation: MGI surveys in France, the United Kingdom, and the US have found…
- Project Syndicate: Untruth and Consequences:
- Simon Wren-Lewis: Economics, DSGE and Reality: Just before 1990… with colleagues I showed that entering the ERM at an overvalued exchange rate would lead to a UK recession…
- Ben Thompson: What the Media Misses About Facebook, Facebook’s Missing Humans, Will the iPhone 7 Be a Hit?: Media executives need to take a very hard look at their businesses and decide where they can survive…
- Harry Brighouse: Why Have Classroom Discussions Anyway?: I didn’t give any reasons why students actually should discuss….
- Narayana Kocherlakota: The Fed Is About to Make a Mistake: More than seven years after the recovery began in mid-2009, inflation remains below the central bank’s 2-percent target…
- Bill White: Ultra-Easy Money: Digging the Hole Deeper?: Ultra Easy Monetary Policy: Why it Hasn’t Worked as Intended**
- Paul Krugman: What Have We Learned From The Crisis?: We’re talking about an… episode… longer than the famous era of stagflation in the 1970s and early 1980s…
- V.V. Chari, Lawrence Christiano, and Patrick J. Kehoe (2008): Facts and Myths about the Financial Crisis of 2008: We examine three claims about the… financial crisis… and argue that all three claims are myths…
Should Reads:
- Ben Thompson: Google, Uber, and the Evolution of Transportation-as-a-Service – Stratechery by Ben Thompson
- Gavyn Davies: Will the Bank of Japan cause a global bond tantrum?
- BIS Quarterly Review, September 2016
- Richard Mayhew: Visible Subsidies and Systems of No
- Marc Andreesen (2007): The Pmarca Guide to Startups, part 4: The only thing that matters
- Ben Thompson (2014): Twitter’s Marketing Problem: The initial concept was so good, and so perfectly fit such a large market, that they never needed to go through the process of achieving product market fit…
- Kim Masters: The Netflix Backlash: Why Hollywood Fears a Content Monopoly: Some executives, producers and agents who rely on deals with the streaming giant nonetheless increasingly view Netflix as an existential threat.
- Martin Wolf: No halfway house will do: Theresa May will go for a hard Brexit: Britain will be meaner and poorer but no middle way exists between EU membership and a tough exit
- Comment of the Day: Tracy Lightcap: AI
- Night Thoughts on Dynamic Scoring: Hoisted from a Year Ago
- The Clones of Jim Tobin vs. the Gravitational Pull of Chicago: A Paul Krugman Production…
- Comment of the Day: Charles Steindel: Economics, DSGE, and Reality
- Robert J. Shiller: The Coming Anti-National Revolution
- David desJardin