Must- and Should-Reads: November 15, 2016
- Jared Bernstein: The Macro-Economy Doesn’t Care Which Party Signs the Stimulus Check: “I yield to no one in my concerns about the damage…
- Nico Voigtländer and Hans-Joachim Voth: Highway to Hitler: “Can infrastructure investment win “hearts and minds”?…
- Tomas Hellebrandt and Paolo Mauro: The Future of Worldwide Income Distribution: “Over the next two decades the structure of world population and income will undergo profound changes…
- Dan Wang: How Smartphones Made Shenzhen China’s Innovation Capital: “The technological implications of smartphone technology go far beyond the smartphone itself…
- (2015): Deciphering the fall and rise in the net capital share: “In the postwar era, developed economies have experienced two substantial trends in the net capital share of aggregate income… (M)
- Larry Summers: A Badly Designed US Stimulus Will Only Hurt the Working Class
- Should-Read: Barry Eichengreen: Asia Needs to Spell Out Changes They Want in International Monetary System: “China and Asia need an international monetary system that is stable…
- Dietz Vollrath: Labor’s Share, Profits, and the Productivity Slowdown: “There’s been a slowdown in measured productivity growth… since about 2000…
Interesting Reads:
- Philip Oreopoulos and Uros Petronijevic: Improving university experiences: In-person coaching versus technology
- Tren Griffin: A Dozen Things I’ve Learned from Charlie Munger about Ethics
- Tren Griffin: A Dozen Things I’ve Learned from James Sinegal
- Gillian Tan: That Big Berkshire Hathaway Railroad Deal
- Madcap Mongoose: Brad DeLong Quote On Limits of MMT (Functional Finance)–Your Thoughts?
- Art Goldhammer: Marx as Educator: “What worries me about this turn is not the effort wasted on Marx’s more useless ideas, such as the labor theory of value. It is rather how his ‘othering’ of political opponents influences the political attitudes of his young followers…”
- Memset: Free Tools and Services
- Neville Morley: Brexit Paradoxes 2
- Comment of the Day; Neville Morley: A Note on the Jeffersonian Road Not Taken: “A Jeffersonian United States, founded on Cincinnatus-like citizen farmers…
- A Note on the Jeffersonian Road Not Taken in American Economic History
- Reminded, once again, that one Starbucks scone has the mass of 27 London scones… (Live from Marylbone)
- Fiscal Expansion Needs to Be Done Right