Must- and Should-Reads: January 12, 2017
- Dani Rodrik: Trump’s Defective Industrial Policy: “Sociologists Fred Block and Matthew Keller have provided perhaps the best analysis of the US “developmental state”…
- Jared Bernstein: More on the non-mystery of non-work: “Employment rates of prime-age workers…
- Olivier Blanchard: The US Phillips Curve: Back to the 60s?: “Low unemployment still pushes in ation up; high unemployment pushes it down….
Interesting Reads:
- Fred Block and Matthew R. Keller (2011): Where do Innovations Come From?: Transformations in the U.S. Economy, 1970-2006
- Are we better off than our parents?: The data that underscores the fading “American dream”: Raj Chetty, David Grusky, Maximillian Hell, Nathaniel Hedren, Robert Manduca, and Jimmy Narang, “The Fading American Dream: Trends in Absolute Mobility Since 1940,” 2016, Cambridge, MA: National Bureau of Economic Research working paper no. 22910.
- Hilary Hoynes et al.: America’s best child poverty-fighting program? It’s spelled EITC
- Richard Mayhew: Why I am only pessimistic instead of completely certain of doom: “I’ve been slowly moving towards only pessimism(75%) instead of certainty(97%) that the ACA or something like is doomed…”
- Harold Pollack and Tim Jost: Seven Questions About Health Reform: “Plans would protect individuals with pre-existing conditions from discrimination only if they maintained insurance coverage without any breaks. But this is not easy because of job loss and transient hardships…”
- Michael Reich et al.: Effects of a $15 Minimum Wage in California and Fresno
- Emmanuel Farhi, Gita Gopinath, and Oleg Itskhoki: Trump’s Tax Plan and the Dollar: “A border-adjustment tax… has nothing to offer…. Currency appreciation offsets the fiscal devaluation. But… an appreciating dollar would erode America’s net foreign-asset position…”
- The Story of American Economic History
- Weekend Reading: J. William Ward: “The Hunters of Kentucky”: The Kentucky Strain of American Nationalism Has Always Been Fake News…
- Ten Great Books I Read in the Second Half of 2016
- Readings for Econ 115: 20th Century Economic History
- Adam Silverman: Today in Presidential Farewell Addresses: President Eisenhower