Must-Reads: October 5, 2016
- Ben Thompson: Google, Uber, and the Evolution of Transportation-as-a-Service: [Why] I ranked… the way I did:
- Justin Fox: Out of Prison, Out of Work: The percentage of [prime-aged male] NILFs has risen since the 1970s all over the developed world…
- Olivier Blanchard: Further Thoughts on DSGE Models: I believe… there is wide agreement… [that]:
- Stephen J. Redding and David E. Weinstein: What Big Data Tells Us About Real Income Growth: The problem is not that we don’t know how to convert nominal expenditures into welfare; it is that we know too many ways of doing it…
- Hal Varian: No Hope of a Quiet Life in the Age of Disruption: Robust competition in tech brings benefits for consumers…
- Joseph Cotterill: A BREXIT Joke: Compare: Bloomberg story on “three senior figures in May’s administration” promising “no special favours” for the City in Brexit negotiations, October 2nd…
- Pat Higgins: Taylor Rule Utility: The Taylor rule is an equation John Taylor introduced in a 1993 paper…
Should Reads:
- Must-Read: And if the Federal Reserve System were to adopt bad policies in the hope of preserving its political independence, its political independence is already lost…
- Christopher Boone et al.: Unemployment Insurance Generosity and Aggregate Employment
- William Cline et al.: Lessons from Decades Lost: Economic Challenges and Opportunities Facing Japan and the United States
- Comment of the Day: Charles Steindel: Alan Greenspan Misjudged the Risks in the Mid-2000s; Alan Greenspan Was Not a Coward