Must-Reads: November 23, 2016
- Eric Holthaus: “We’ve never seen anything like what’s happening in the Arctic and Antarctic right now. This is a new era.” https://t.co/PUibEUN0t8
- Ben Bernanke: Sebastian Mallaby’s Biography of Alan Greenspan: “Mallaby’s argument that Greenspan should have known that a tighter monetary policy was appropriate in 2004-2005 (if that was in fact the case!) strains credulity…
- Izabella Kaminska: Dollar Shortage Alert: “Who funds the working capital that keeps globalised trade lubricated and in flow? Answer: hard currency investors…
- Izabella Kaminska: Global Trade Alert: “Hyun Song Shin’s latest thoughts on the connection between the bank/capital markets nexus, the dollar shortage problem and the break down of covered interest rate parity arbitrage deserve some careful consideration…
- Chicago Booth Review: What economists think about Donald Trump’s 100-day plan
Interesting Reads:
- Heidi Williams, Amy Finkelstein, and Matthew Gentzkow: Decoding the Medical Cost Mystery
- Nick Bunker: Monopsony, or why you’re getting paid less than you think you should
- Leah Platt Boustan: Competition in the Promised Land: Black Migrants in Northern Cities and Labor Markets: http://amzn.to/2gCMF25
- Marc Levinson: An Extraordinary Time: The End of the Postwar Boom and the Return of the Ordinary Economy: http://amzn.to/2fkHtx8
- Guillermo A. Calvo: Macroeconomics in Times of Liquidity Crises: Searching for Economic Essentials: http://amzn.to/2geWP5v
- Katherine Burton: How Renaissance’s Medallion Fund Became Finance’s Blackest Box: The Medallion Fund, an employees-only offering for the quants at Renaissance Technologies, is the blackest box in all of finance
- Austin Weinstein: Lecturers in Limbo: “Lecturers teach about 24 percent of classes at UC Berkeley…. At the center of the conflict… is something much deeper… the purpose of lecturers at the university…
- Anjana Ahuja: On Elizabeth Loftus: “False memory, manipulation and the tooth fairy: Research raises the possibility of recollections being guided to achieve certain ends…
- Martha Olney (2015): Economics 113 Reader
- Nouriel Roubini: Trump’s Monetary Conundrum
- Jong-Wha Lee: Uniting for an Asian Century
- Note to Self: Why are we here at Berkeley not offering a big course in Wheeler next semester: History does not repeat itself, but it does rhyme: The last crisis of the global liberal market democratic order, 1900 to 1940
- Should We Use Expansionary Fiscal Policy Now Even If the Economy Is at Full Employment? Yes!
- Note to Self: Regulatory Uncertainty and Housing Finance: The U.S. Treasury seized Fannie and Freddie in 2008, and said that housing finance would be differently organized in the future.