Must-reads: December 5, 2015
- : Anchors Away: “Getting [Europe] back to 2[%/year inflation] should require a 4 percentage point fall in unemployment. That’s a lot!…” :: With well-anchored inflation expectations there is a substantial amount of slack somewhere in the policy-optimization problem…
- : Benefits and Costs of Investing in Early Childhood Education: “A case for public investment in either a targeted or a universal prekindergarten program can be made…”
- : Time [for Bjorn Lomborg] to Walk Away from Once Credible Theories Now Shown to Be Untrue: “it is now time for [Bjorn Lomborg] to walk away and admit that he was wrong, because reality has now demonstrably left him behind”
- : Google and the Shift From Web to Apps, Indexing App-Only Content, Streaming Apps: “The core reality that drove Google’s dominance, the public availability of linked information… [is] at least weakening…” :: The walled gardens of the pre-1995 .net strike back. I am left curious: why are browsers good enough on the desktop and the laptop to wipe the floor with walled gardens, but not so on smart phones?