Must- and Should-Reads: December 19, 2016
- Paul Krugman: Will Fiscal Policy Really Be Expansionary?: “It’s now generally accepted that Trumpism will finally involve the kind of fiscal stimulus progressive economists have been pleading for…
- Tim Duy: Fed Turns Hawkish: “The FOMC raised the… federal funds rate by 25bp today, as expected…
- Jonathan Chait: Trump Turns to Always-Wrong Pseudo-Economist Lawrence Kudlow: “The emerging cast… suggests… his party’s domestic platform… continued and even intensified…
Interesting Reads:
- Mark Thoma: When It Comes to Trumponomics, Economists Are on High Alert
- Mark Koyama, Chiaki Moriguchi, and Tuan-Hwee Sng: Geopolitics and Asia’s Little Divergence: A Comparative Analysis of State Building in China and Japan after 1850
- Monday Smackdown: No, Larry Kudlow Is Not an Economist II: John Holbo (2008): Shameless: “I know logically that Larry Kudlow has no shame, because…Larry Kudlow!…
- Monday Smackdown: No, Larry Kudlow Is Not an Economist: I have only been on the same stage as Larry Kudlow twice in my life. In neither case did he provide any intellectual substance at all. This was the second time
- Comment of the Day: Quite Likely: Regional Policy and Distributional Policy in a World Where People Want to Ignore the Value and Contribution of Knowledge- and Network-Based Increasing Returns: “‘Instead, the government is supposed to, somehow, via clever predistribution, rearrange the pattern of market power in the economy…