Tag: roundup

• Martin Wolf: Risks that Threaten Global Growth: “Consistent growth is a relatively recent phenomenon…
• Nicholas Bloom et al.: Are Ideas Getting Harder to Find?: “In many growth models… the long-run growth rate is the product of… the effective number of researchers and… research productivity…
• Noah Smith: Who Is Responsible When an Article Gets Misread?: “How much of the responsibility for understanding lies with the writer of an article, and how much with the reader?…
• Paul Krugman: Trade and Manufacturing Employment: “America used to be a nation where a lot of people worked in manufacturing…
• Mark Wu: The ‘China, Inc.’ Challenge to Global Trade Governance: “The rise of China presents a major challenge to the multilateral trade regime…
• Evan Soltas: On Twitter: “Why Trump has only “charlatans and cranks” for economic advisors, in one graph.” https://t.co/CGb7nJNTlI https://t.co/6g2DwptZ0A
• Eric Holthaus: @EricHolthaus: “2016 the warmest year measured https://t.co/zmL9tEwWkA
• Olivier Blanchard: In Light of the Elections: Recession, Expansion, and Inequality: “What happens to the US economy depends mainly on the balance between macroeconomic and trade measures…
• Tim Burke (2005): Book Notes: _Theory’s Empire_: “Some other points that emerge along the way… strike me as important…
• Timothy Martin: The Champions of the 401(k) Lament the Revolution They Started: “Herbert Whitehouse, formerly a Johnson & Johnson human-resources executive, was one of the first proponents of the 401(k)…

Interesting Reads:

• Joseph Antos and James Capretta: The Problems With ‘Repeal And Delay’
• Lawrence Summers: Repatriated Cash Won’t Boost Investments
• Moses Abramovitz (1986): Catching Up, Forging Ahead, and Falling Behind: Journal of Economic History 47:2 (Jun., 1986), pp. 385-406
• Jessica Shankleman and Chris Martin: Solar Could Beat Coal to Become the Cheapest Power on Earth
• Antonio Fatas and Larry Summers: Hysteresis and fiscal policy during the Global Crisis
• CSPAN: Philippe Aghion and Heather Boushey Discuss Economic Growth and Inequality
• Mike Konczal and Marshall Steinbaum: It’s Still Not the Supply Side: Yes, workers should be able to move and work freely. But economics remains fundamentally about power. A response to Steve Teles’s contribution to the “What’s Holding Us Back” symposium
• Steve Teles: Competitive Egalitarianism: How to Structure Markets
• Nick Bunker: The (Updated) Definitive Ranking of Econ Twitters
• Comment of the Day: Kaleberg: Paul Krugman: Trade and Manufacturing Employment: “The general rule has been that when a robot costs $75K to replace a worker, that worker goes…
• Live from Chicago: American Economic Association: The Nature of Capitalism and Secular Stagnation: Chair: Matias Vernengo…
• The Neoliberal Bet: Tu Hoisted/W History

• 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…

• Philip Stephens: How Brexit May Not Mean Brexit: “Referendums… become a device for demagogues and dictators: the people have spoken so now they must be silent ever more…
• Greg Sargent: @ThePlumLineGS: “A new CBS poll finds support for [ObamaCare] repeal has dropped 10 points since January, all the way down to 25%: https://t.co/5NnlgJbWhK https://t.co/kAmAAAIn3S“
• Matthew Yglesias: Trump is going to be mad when he hears what his appointees think about the TPP: “His top economic and foreign policy advisers love it (as do his other advisers)…
• Robbie Whelan and Esther Fung: China’s Factories Count on Robots as Workforce Shrinks: “Suzhou Victory Precision Manufacture Co.’s chairman, Yugen Gao, said the days when the company drew its strength from China’s cheap and hardworking employees are gone…

Interesting Reads:

• Kevin Drum: Now Even Conservatives Are Calling Them “Tax Cuts For the Rich”: “National Review editor Rich Lowry…. When was the last time you heard a conservative, let alone the editor of NR, refer to tax reform as a ‘traditional Republican’ ‘tax cut for the rich’? That’s the way liberals jeer at supply-side voodoo…. But now they are. What does this mean?”
• Katie Martin and Leo Lewis: Japanese banks warn of leaving London without Brexit clarity: Financial groups suggest relocating functions within 6 months to mainland Europe
• Matthew Klein: Who wins and loses from America’s transfer union?
• Simon Wren-Lewis: What Brexit and austerity tell us about economics, policy and the media
• Chye-Ching Huang and Paul N. van de Water: Millionaires the Big Winners From Repealing the Affordable Care Act
• Maryn McKenna: If Waffle House Is Closed, It’s Time To Panic
• Jeff Tollefson: Researchers baffled by nationalist surge
• Amanda Bayer and Cecilia Elena Rouse: Diversity in the Economics Profession: A New Attack on an Old Problem
• The History of Economics Society
• Douglas O. Staiger, James H. Stock, and Mark W. Watson (1997): How Precise Are Estimates of the Natural Rate of Unemployment?: “Uncertainty arising from not knowing the parameters of the model at hand…
• Noah Smith (2015): Handing the baton to the next hyperpower
• Erik Brynjolfsson and John Silberholz: ‘Moneyball’ for Professors?:
• (Early) Monday DeLong Smackdown Watch: Has Macroeconomics Gone Right?
• Comment of the Day: Tim McDermott: Regional Policy and Distributional Policy in a World Where People Want to Ignore the Value and Contribution of Knowledge- and Network-Based Increasing Returns: “Years and years ago I heard an interview with a Carnegie Mellon computer science professor who taught the founders of Lycos…
• Regional Policy and Distributional Policy in a World Where People Want to Ignore the Value and Contribution of Knowledge- and Network-Based Increasing Returns
• Has Academic Thinking About Countercyclical Fiscal Policy Changed?

• Betsey Stevenson: Manly Men Need to Do More Girly Jobs: “Donald Trump wants America to make things… bring iPhone assembly to the U.S…
• Paul Krugman: Notes on the Macroeconomic Situation: “So the Fed has raised rates… a mistake, although not as severe… as it would have been a year ago….
• Jason Furman et al.: The 2017 Economic Report of the President: “President Obama was faced with the daunting task of helping to rescue the U.S. economy from its worst crisis since the Great Depression…

Interesting Reads:

• Andrew Haldane: QE: The Story So Far
• Noah Smith: Academic Signaling and the Post-Truth World
• Jason Furman et al.: Eight Years of Recovery and Reinvestment
• Jason Furman et al.: 2017 Economic Report of the President
• Recommended Reading: Partha Dasgupta’s “Economics: A Very Short Introduction”
• More Expansionary Fiscal Policy Is Needed: The Only Question Is Whether for a Short-Term Full Employment Attainment or a Medium-Term Full-Employment Maintenance Purpose

• Tony Yates: The Perceived-Grievance-Wrong-Headed Sop Vortex: “A desire to respond to the perceived grievances of those who voted to give incumbent governments a kick…
• Miriam Burstein: Two Cheers for Academic Blogging?: “The most important changes, it seems to me, have taken place outside individual university folds, not within…
• Tony Judt (1994): The New Old Nationalism: “Québecois today have few of the grievances expressed thirty years ago, when the region was economically depressed and its language and culture in decline…

Interesting Reads:

• Noah Smith: Noahpinion: Is Twitter a Dystopian Technology?
• Mr. Trombley: All My Possessions For A Moment Of Time
• J. Bradford DeLong (2009): Understanding Karl Marx
• Pseudoerasmus and Friends: The Cultural Turn Among “Historians of Capitalism” Considered Harmful:
• European Fiscal Policy: And All Does Not Go Merry as a Marriage Bell
• Will the U.S. Economy Boom Over the Next Four Years?
• Comment of the Day: Sherman Robinson: On the Economics of BREXIT: “I largely agree with Simon Wren-Lewis’s comments, and with the quote from Maurice Obstfeld…
• Neville Morley: The Structures of Historiography:
• David Baker: The Roman Dominate from the Perspective of Demographic-Structural Theory

• Mark Thoma: How social welfare benefits help the economy: “Donald Trump has, at times, said he’ll protect Medicare and Social Security…
• Kevin Daly: A higher global risk premium and the fall in equilibrium real interest rates: “Since the turn of the century, the global economy has also been characterised by a rise in the yields on quoted equity…
• Josh Marshall: This Explains How and Why Medicare Will Live or Die: “John Boozman (R) of Arkansas…
• Barry Ritholtz: Putting the Minimum Wage Debate into Context: “The modern minimum-wage debate traces back to… Krueger and… Card…

Interesting Reads:

• Ron Edwards: Chinese Economic History
• Scott Galupo: Donald Trump’s Economic Amber
• John Maynard Keynes: On 1870-1914: Wednesday Economic History 2016-12-07

• Simon Wren-Lewis: Hitting Back: “A reaction to reading this by Wolfgang Munchau…
• Wolfgang Munchau: The Elite’s Marie Antoinette Moment: “The Bourbons were hard to beat as the quintessential out-of-touch establishment. They have competition now…
• Kevin Drum: Obamacare Repeal Is Doomed: “Republicans. Can’t. Repeal. Obamacare…
• Simon Wren-Lewis: The OBR and the Impact of Brexit: “The debate about whether the OBR is being too pessimistic about the impact of Brexit…
• Martin Wolf: More Perils for the Eurozone: “Divergence in the performance of members of the single currency is a real challenge…

Interesting Reads:

• Michael O’Hare: The Oakland Warehouse Fire
• Martin Wolf: The Wages of Brexit are Bigger Debts
• 2016-07-12: Brexit: I Think Paul Krugman Is Confused Here…
• Irma Adelman (1990): Fifty Years of Economic Development: What Have we Learned?
• Artir: The Surprising Human Development Index of Cuba
• Sam Bowles: The Death of ‘Homo Economicus’
• Nancy LeTourneau: Chaos Over Obamacare “Repeal and Delay”
• Comment of the Day: Tim Worstall: John Stuart Mill (1848, 1871)]: “I’m unconvinced. I think this is the same mistake Keynes made with econ poss for the grandkiddies…
• Live from Nineteenth-Century London: John Stuart Mill (1848, 1871): Principles of Political Economy: “Hitherto it is questionable if all the mechanical inventions yet made have lightened the day’s toil of any human being…
• BREXIT, Trump, and Eurozone Breakup Odds
• Note to Self: If we want to have a better world, we either need to change the politics to restore the stabilization policy mission to fiscal authorities–and somehow provide them with the technocratic competence to carry out that mission–or give additional powers to central banks
• Comment of the Day: Howard: The Taxi Unicorn’s New Clothes: “I say both!…
• Live from Lancashire: Pseudoerasmus: Random Thoughts on Critiques of Allen’s Theory of the Industrial Revolution: “I love the work of Robert Allen…