Must- and Should-Reads: December 13, 2016
- Brad DeLong: This Time, It Is Not Different: The Persistent Concerns of Financial Macroeconomics: “When the Financial Times’s Martin Wolf asked former U.S. Treasury Secretary Lawrence Summers…
- Paul Samuelson (1962): On Karl Marx: “Marx, like any man of keen intellect, liked a good problem; but he did not labor over a labor theory of value in order to give us moderns scope to use matrix theory on the “transformation” problem…
- Noah Smith: A Job Is More Than a Paycheck: “I’ve believed that what mattered most for economic well-being was money…
Interesting Reads:
- Kaushik Basu: Randomisation, Causality and the Role of Reasoned Intuition:
- Sendhil Mullainathan and Eldar Shafir: Scarcity: Why Having Too Little Means So Much http://amzn.to/2gGUIZY
- Dan Nixon: Mind over matter: is scarcity as much about psychology as it is economics?
- Martin Wolf: Too Big, Too Leninist: A China Crisis Is a Matter of Time: As Minxin Pei notes in a brilliant book, China’s Crony Capitalism…
- Hoisted from the Archives: The Critique of the Golgotha Program
- Notebook: Discussion of “Communism” and Related Subjects
- Hoisted from the Archives: This Time It Is Not Different: Walter Bagehot and the Persistent Concerns of Financial Macroeconomics: Introduction