Must-Reads: September 2, 2016
- Welfare Economics and Existence of an Equilibrium for a Competitive Economy: A competitive equilibrium is a maximum point of a social welfare function… (1960):
- Issues in the Design of Fiscal Policy Rules: The potential conflict in designing rules between the need to mimic optimal policy.. :
- Drew Altman: The ACA Marketplace Problems in Context (and Why They Don’t Mean Obamacare Is ‘Failing’): There absolutely are problems in the marketplaces…
- Art Goldhammer: The Great Paradox: In 2004, Barack Obama catapulted himself into the national limelight by denouncing the bitter antagonism between rival camps and suggesting that we heed “the better angels of our nature”…
- Willem Buiter: EU and China Ought to Use Helicopter Money: Helicopter money is a coordinated monetary and fiscal stimulus…
Should Reads:
- Nick Bunker: Retiring in the United States amid low interest rates
- Simon Wren-Lewis: Fiscal rules should target the deficit, not spending
- Shane Greenstein: Ten Open Questions for the Techno-Optimist
- Alicia H. Munnell and Annika Sundén (2003): Death and Dollars: The Role of Gifts and Bequests in America:
- (2001): Bequests: An Historical Perspective:
- Weekend Reading: Walter Lippman (1968): “New Nixon” Endorsement
- U1, U3, and U6
- Has Macro Policy Been Different since 2008?
- Daniel Kuehn on Acemoglu and Robinson’s Piketty Review: Hoisted from the Archives from Two Years Ago
- Today’s Economic History: Dean Acheson on that Triangulating Bastard Grover Cleveland