Tag: roundup

• John Taylor (2000): Reassessing Discretionary Fiscal Policy: Recent changes in policy research and in policy-making call for a reassessment of countercyclical fiscal policy…
• Nick Bunker: Why Slightly higher Inflation Might Be a Benefit: The U.S. Federal Reserve Board hasn’t hit its stated inflation target of two percent in more than four years…
• Jesse Rothstein: The Economic Consequences of Denying Teachers Tenure: There’s just not actually a long list of people lining up to take the jobs…
• Alisdair McKay and Ricardo Reis: Designing effective automatic stabilisers of the business cycle: Brexit has raised the possibility of a recession on both sides of the Atlantic…
• Fred Bateman et al.: Did New Deal and World War II Public Capital Investments Facilitate a “Big Push” in the American South?: Abstract: The “big push” theory claims that publicly coordinated investment can break the cycle of poverty…
• Barry Ritholtz: How Fast is CEO Compensation Rising?: CEO compensation is growing faster than the wages of the top 0.1 percent…

Should Reads:

• Macroeconomics, Fantasy, Reality, and Intellectual Utility…
• Janet Gornick and Heather Boushey: The Economics of Work-Life Conflict: Heather Boushey and Janet Gornick in Conversation
• Robbie Whelan in Stockholm and Esther Fung: China’s Factories Count on Robots as Workforce Shrinks
• Mark Palko and Andrew Gelman: How schools that obsess about standardized tests ruin them as measures of success
• Richard Florida: On Twitter: A riff on lack of demand…
• Claudia Sahm: Firms and Inequality: I agree with Adam Ozimek (aka Modeled Behavior) that the role of firms in rising income inequality is a Big Open Question. I’ve been lucky enough to see “Firming Up Inequality” by Song, Price, Guvenen, Bloom, and von Wachter presented twice in the past two years…
• (2000): Monetary Policy in a Low Inflation Environment
• Michael J. Way et al.: Was Venus the First Habitable World of our Solar System?

• Adair Turner: Demystifying Monetary Finance: If the government cuts taxes, increases public expenditure, or distributes money directly to households, and if the central bank creates permanent new money to finance this stimulus, citizens’ nominal wealth will increase…
• Alex Tabarrok: Collective Property in Palo Alto: Kate Downing… [of] Palo Alto… has resigned in protest at its no-growth policies. She writes:
• Sanjeev Gupta et al. (2014): Fiscal Policy and Income Inequality: Fiscal policy is the primary tool for governments to affect income distribution….
• Gavyn Davies: What Caused the Fed’s Dovish Turn?: The change in the Fed’s guidance about “normalisation”… came… [as] the dollar peaked (and equities collapsed) in February/March…
• Justin Fox: High-Tech Manufacturing Isn’t Worth Much: These are the world’s five largest technology companies, ranked by revenue…
• Ben Friedman (2005): The Moral Consequences of Economic Growth: A persuasive, wide-ranging argument that economic growth provides far more than material benefits…
• Ezra Klein: The Media vs. Donald Trump: There is an idealistic and a cynical reason for automatic equivalence in political reporting…

Should Reads:

• Jacob Viner (1933): Balanced Deflation, Inflation, or More Depression
• James D. Hamilton: Why You Should Never Use the Hodrick-Prescott Filter
• Marshall Steinbaum: What Role for Antitrust in the Era of Rising Inequality? The Importance of Power in Supply Chains
  Edmund W. Kitch et al. (1983): The Fire of Truth: A Remembrance of Law and Economics at Chicago, 1932-1970: The Journal of Law & Economics 26:1 (Apr., 1983), pp. 163-234 http://www.jstor.org/stable/725189
• (1990): In Defense of Henry Simons’ Standing as a Classical Liberal
• (1999): The Triumph of Monetarism?
• Live from Trumpland: Ezra Klein: The Media vs. Donald Trump
• The Wayback Machine: From Ten Years Ago: August 10-August 16, 2006
• Let’s Get Even More Depressed About Cuba: Hoisted from the Archives
• Apropos of Helicopter Money: Barclays Debate with Robert Barro, Moderated by David Wessel: Hoisted from the Archives from Fall 2011

• Steven J. Davis and Till M. von Wachter: Recessions and the Cost of Job Loss
• Janet Gornick and Branko Milanovic (2015): Income Inequality in the United States in Cross-National Perspective: Redistribution Revisited
• David Kamin: Taxing Capital: Paths to a Fairer and Broader U.S. Tax System
• Simon Wren-Lewis: A Divided Nation
• Matthew Kahn: ”Old School” Econ 101 for the New Generation of Economists: USC’s fall term starts on August 22nd. I give my first “Econ 101” lecture to 150 students in 8 days…

Should Reads:

• Julia Belluz and Alvin Chang: What research on English dukes can teach us about why the rich live longer: Low-income individuals lived the longest (and had more healthy behaviors) in cities like New York and San Francisco with populations that are, on average, well educated, and high-income…. “The question is why health behaviors themselves vary so much among the low-income population–why poor Americans smoke more, eat more poorly, and exercise less in certain pockets of America…”
• Angus Deaton (2011): What Does the Empirical Evidence Tell Us About the Injustice of Health Inequalities?
• It’s Fidel Castro’s 90th Birthday!
• Must-Read: Steven J. Davis and Till M. von Wachter: Recessions and the Cost of Job Loss
• What Do We Think of a $15/Hr Minimum Wage in California?: A Back-of-the-Envelope Finger-Exercise Calculation
• So Why Isn’t Riding BART Free?: A Back-of-the-Envelope Finger-Exercise Calculation
• Nimbyism in America: A Back-of-the-Envelope Finger-Exercise Calculation

• Josh Brown: Reaction: Jesse Livermore–Boy Plunger
• Nikola Koepka and Joerg Baten (2005): “The biological standard of living in Europe during the last two millennia”
• S. Dorn and M. Buettgens: The Cost to States of Not Expanding Medicaid
• Paul Krugman: The State of Macro Is Sad
• Tyler Cowen: The Roots of Trump Support

Should Reads:

• Niccolò Machiavelli (1513): Letter to Vettori
• 140 Words: Sub-Turing Evocations
• Erasmus, Tolkien, Clark Kerr, and Californium (2009)
• Robert Scott (2011): [Heading South: U.S.-Mexico Trade and Job Displacement after NAFTA][]
• Per Kurowski: 22 reasons for why I believe the bank regulators in the Basel Committee are complete idiots… or something worse
• Must-Read: Storify: I Think Tyler Cowen Is Confused About Social Choice and Investment-Spending Hurdle Rates

• Ryan Avent: Absence of Evidence: The Fed Rethinking One Thing too Many
• Olivier Blanchard: Do DSGE Models Have a Future?
• Dan Diamond: Obamacare

Should Reads:

• Austin Frakt: Worthwhile California Initiative
• CPI-U, 1982-84=100
• Moritz Schularick and Solomos Solomou (2011): Tariffs and economic growth in the first era of globalization
• Ambrose Evans-Pritchard: Holy Grail of energy policy in sight as battery technology smashes the old order
• Geoffrey Harcourt (1969): Some Cambridge Controversies in the Theory of Capital
• Comment of the Day: Charles Steindel: Olivier Blanchard on Role of DSGE: On the whole, as one would expect, Olivier’s exposition was masterful. The rub is, as you say, at the end…
• Wednesday Economic History: Debt Servitude in Late Roman Antiquity
• Comment of the Day: Oldster: Liveblogging World War II: August 10, 1945: Post-Nagasaki
• Chris Lee: Hydrogen molecule falls to quantum computer: Quantum computer calculates ground state of hydrogen with just two qubits

• Nicholas Crafts: Brexit: Lessons from History
• Paul Krugman:: Prudential Macro Policy: Fiscal
• Aaron Carroll: Helpless to Prevent Cancer? Actually, Quite a Bit Is in Your Control
• Paul Krugman: Murky Macroeconomics

Should Reads:

• B.D. Summers et al.: Changes in Utilization and Health Among Low-Income Adults After Medicaid Expansion or Expanded Private Insurance
• Jon Brodkin: Google Fiber re-thinks plans as it considers wireless alternative
• Jonathan Gitlin: Running hot and cold with the 2017 Chevrolet Volt
• Rana Foroohar: Uberisation and the dangers of neo-serfdom
• Izabella Kaminska: Bitfinex and a 36 per cent charge from the school of life
• Emily Breza, Supreet Kaur, and Yogita Shamdasani: The Morale Effects of Pay Inequality
• Marc Sobel: @delong Claims He Invented Sub-Turing Evocation

• Lawrence Summers: The Progressive Case for Pro-Growth Policies
• Paul Krugman:: Prudential Macro Policy: Monetary
• Barry Ritholtz: Let’s Put the Lehman Bailout Debate to Rest
• Ben Bernanke: The Fed’s Shifting Perspective

Should Reads:

• Jared Bernstein: What’s slowing growth? Sorry, conservatives: It’s not the size of governments
• Alice Chen et al.: Why Is Infant Mortality Higher in the United States Than in Europe?
• The Odds of Economic Meltdown: Hoisted from the Archives from Ten Years Ago
• The Wayback Machine: From Ten Years Ago: August 3-August 9, 2006

• Kevin O’Rourke: Brexit Backlash Has Been a Long Time Coming
• Paul Krugman: No Right Turn
• Noam N. Levey: In Louisiana, Rush to Sign Up for ObamaCare Highlights a ‘Long Overdue’ Demand for Health Insurance
• Eurointelligence: Economics Profession Doubling Down

Should Reads:

• Wendell Potter: The Insurance Empire Strikes Back: “Read between the lines: Industry’s message is clear that obstruction of carrier mergers will mean a grim future for Obamacare’s exchanges…”
• Paulo Mauro: Growth and debt-to-GDP ratios
• Rema Hanna
• Jonathan Cohn: For America’s poor, life expectancy statistics resemble those in developing countries
• Tommy Stubbington: Carney’s Great Cash Giveaway: Will the Bank of England succeed in rebooting Britain’s flagging post-Brexit economy?
• Links for the Week of August 7, 2016