Tag: roundup

Must-reads: February 11, 2016

Posted on February 11, 2016February 12, 2016 by Brad DeLong

• Sheryl Sandberg: Facebook Q4 2015 Results–Earnings Call Transcript
• Amir Sufi: Household Debt, Redistribution, and Monetary policy during the Economic Slump
• Justin Fox: Vanguard’s Low Blow
• Michael E. Martinez et al.: Health Insurance Coverage: Early Release of Estimates From the National Health Interview Survey
• Mark Thoma: Why the Working Class Is Choosing Trump and Sanders
• Ada Palmer: Plato vs. Metaphysics, or How Very Hard it Is to Un-Learn Freud

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• John Maynard Keynes (1936): The State of Long-Term Expectation
• Gary Silverman: US immigration: Workers wanted
• Emma Sandoe: Medicaid and the Primaries
• Andy Harless: “The way to discipline Fed policy is with a level target (pref NGDP, but price OK), not a Taylor rule. Short run flexibility but no escape…”
• Ezra Klein: “Things America doesn't have: socialized medicine. Things it does have: rationing, which is done, in this country, through ability to pay.”
• Ezra Klein (2007): We Ration. We Ration. We Ration. We Ration.
• Ta-Nehisi Coates: Ta-Nehisi Coates on Race, Class, and Reparations: “The Enduring Solidarity of Whiteness: Black poverty is fundamentally distinct from white poverty—and so cannot be addressed without grappling with racism…”
• DJW: “Daniel Hirschman’s review: of Harry Frankfurt’s exercise in lazy profit-taking book confirms my fears about it…”
• Jared Bernstein: The Full Employment Productivity Multiplier
• Leah Schnelbach: Thinking Through Violence in The Just City and The Philosopher Kings
• Anna Maria Barry-Jester: What Went Wrong In Flint
• Ray Ginger (1975): The Age of Excess: United States from 1877-1914

Must-reads: February 8, 2016

Posted on February 8, 2016February 8, 2016 by Brad DeLong

• Heather Boushey: Just a few more months until my book, “Finding Time,” about the economics of work-life conflict, arrives
• Paul Ryan: To Tea Party: You Are the Problem
• Spencer Headworth and Jeremy Freese: Credential Privilege or Cumulative Advantage?: Prestige, Productivity, and Placement in the Academic Sociology Job Market
• David Becker: Republican Senator Portman Opposes TPP Trade Deal in Present Form

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• Tony Yates: You Can’t Have Your Helicopter Money Cake and Eat High Interest Rates, Adair
• Michael Mazerov and Michael Leachman: State Job Creation Strategies Often Off Base

Must-reads: February 5, 2016

Posted on February 5, 2016February 7, 2016 by Brad DeLong

• Antonio Fatas: A 2016 Recession Would Be Different
• Tim Worstall: Facebook Doesn’t Waste Trillions In Time: That’s The Value Facebook Adds For Us
• Ben Zipperer: U.S. Job Growth Slows in January, as the Nation Remains Years Away from Full Employment

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• Elizabeth A. Stanton (2009): Negishi Welfare Weights in Integrated Assessment Models: The Mathematics of Global Inequality
• Takashi Negishi (2006): Welfare Economics and the Existence of Equilibrium for a Competitive Economy
• Cosma Shalizi (2012): In Soviet Union, Optimization Problem Solves You
  Cosma Shalizi (2011): Extended Harmony, and Tiger Repellent Drumming
• Cosma Shalizi (2011): Dives, Lazarus, and Alice

Must-reads: February 4, 2016

Posted on February 4, 2016February 4, 2016 by Brad DeLong

• Larry Hardesty: Computer Science Meets Economics
• Martin Sandbu: Four Takes on the Fed Fumble
• Tim Duy and Friends: [Stan Fischer] Resisting Change?
• Athanasios Orphanides: The Euro Area Crisis Five Years After the Original Sin

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• David Glasner: “Beckworth and Ponnuru cite Ted Cruz… when, as recently as last October 28, Mr. Cruz was advocating resurrection of the gold standard while bashing the Fed for debasing the currency…”
• Justin Lahart: Fed vs. the Dollar: Why Yellen Can’t Win

Must-reads: February 2, 2016

Posted on February 2, 2016February 2, 2016 by Brad DeLong

• Olivier Blanchard and Joseph E. Gagnon: Are US Stocks Overvalued?
• Richard Mayhew: CHIPPING Away at Uninsurance
• Barry Ritholtz: Hedge Funds Scramble to Reassure Investors
• Cosma Shalizi (2011): When Bayesians Can’t Handle the Truth

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• Minxin Pei: Behind China’s Woes, Myth of Competent Autocrats
• Ranjan Roy: “Mohamed El-Erian’s new book, The Only Game in Town, is all about the dominant role central banks have played in steering the global economy since the 2008 crisis. It’s a great read…”
• Ashok Rao: Researching Basic Income

Must-reads: February 1, 2016

Posted on February 1, 2016February 2, 2016 by Brad DeLong

• Peter A. Petri and Michael G. Plummer**: The Economic Effects of the Trans-Pacific Partnership: New Estimates
• Richard Mayhew: The Nitty Gritty of Cost Control
• Jed Graham: The Fed’s Historic Rate-Hike Goof–in One Chart
• Branko Milanovic: Global Inequality: A New Approach for the Age of Globalization

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• Miles Kimball: The Medium-Run Natural Interest Rate and the Short-Run Natural Interest Rate
• Paul Krugman: “The old Milton Friedman two-step…. That the Fed could have prevented a disaster… morphs into the claim that the Fed caused the disaster. See, government is the problem, not the solution! And the motivation for this bait-and-switch is, indeed, political…”
• Brad DeLong (2003): Profits of Doom
• Noah Smith: “I guess there will always be a market for books claiming that progressives were The Real Nazis: https://t.co/Qw6dPC2ahr“
• Lizzy O’Leary: On Flint’s Shaken Faith, and Its Childrens’ Future
• Emma Sandoe: Why Asset Tests Need Reform
• Robert Z. Lawrence: Studies of TPP: Which Is Credible?
• Nicolas Colin: 11 Notes on Amazon

Must-reads: January 30, 2016

Posted on January 30, 2016January 30, 2016 by Brad DeLong

• Andrew Gelman and Cosma Rohilla Shalizi (2011): Philosophy and the practice of Bayesian statistics
• Narayana Kocherlakota: Fragility of Purely Real Macroeconomic Models
• Ryan Avent: No Take-Backs: The Fed Makes the Best of the Bad Situation It Created

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• Narayana Kocherlakota: 5 to 4
• Barry Ritholtz: Confusion About the Financial Crisis Won’t Die
• Henry Farrell: “‘Let them eat liberty and secure property rights’ is not an efficacious program for immediate famine relief, whatever its abstract and/or long term merits…”
• Karl Marx (1867): Machinery and Modern Industry

Must-reads: January 28, 2016

Posted on January 28, 2016January 28, 2016 by Brad DeLong

• John Quiggin: Education: An Investment, Not a Filter
• Noah Smith: Book Review: “Economics Rules”
• Mark Thoma: Why GDP Fails as a Measure of Well-Being
• Richard Mayhew: School Lunches and Medicaid: a BFD

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• Heather Boushey: Feminist economics and policymaking
• Paul Krugman: Fed Fumble
• Nick Bunker: Context may be everything when it comes to the Phillips curve
• Robin Wigglesworth: Talk of Fed ‘Policy Error’ Grows
• Tim Duy: The Five Scenarios Now Facing the Federal Reserve
• Kristi Culpepper: “Reason”’s Bizarre Portrayal of Flint’s Water Crisis
• David Kotok: “There are historical precedents for the use of policy tools other than the raising or lowering of the short-term interest rate…. There have been long stretches of European history during which European central bankers have utilized non-interest-rate policy tools… [that can provide] insights into the application of those tools…”
• Carola Binder: Downside Inflation Risk
• Joshua Gans: Twitter Needed Strategy
• Adriana Kugler, Maurice Kugler, Juan Saavedra, Luis Herrera: Long-term effects of job training on human capital
• Mark Thoma sends us to Lynn Parramore: Are Economists in Denial About What’s Driving the Inequality Trainwreck?
• Timothy L. O’Brien: How Trump Bungled the Deal of a Lifetime
• Perry Mehrling: “Great and mighty things which thou knowest not” [?]
• Zha Jianyang: China: Surviving the Camps

Must-reads: January 27, 2016

Posted on January 27, 2016January 27, 2016 by Brad DeLong

• Nathan Goldschlag and Alex Tabarrok: Is Regulation to Blame for the Decline in American Entrepreneurship?
• Tim Duy: On the Dispersion, or Lack Thereof, of Economic Weakness
• Paul Krugman: Review: ‘The Rise and Fall of American Growth’ by Robert J. Gordon
• Macro Advisers: Tracking the Not-Very-Covery

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• Robert Gordon: Goodbye, Golden Age of Growth
• Noah Smith: Free Trade With China Wasn’t Such a Great Idea for the U.S.
• Ko Tin-Yau: “All the rotating metal balls fitted to made-in-China ball pens have to be imported from Germany, Switzerland or Japan…”
• Ben Thompson: “The feed is so important that its development — or lack thereof — is the core reason why Facebook has soared over the last ten years, while Twitter has slumped after a beginning that suggested the exact opposite sort of outcome…”
• Mark Thoma: Bernie Sanders Says He’s a Democratic Socialist. Here’s What That Means
• Mark Thoma sends us to Peter Dizikes on Matthew Amengual: Reality check in the factory
• Sean McElwee: America’s dangerous “self-made” mythology: Why our ideas about upward mobility are seriously misinformed
• Marshall Steinbaum: New Mystery Added to the Eleusinian Mysteries of the Education Myth

Must-reads: January 26, 2016

Posted on January 26, 2016January 26, 2016 by Brad DeLong

• Martin Sandbu: Ask the big question on central banking
• David Glasner: The Sky Is Not Falling… Yet
• Lars E.O. Svensson: Two serious mistakes in the Goodfriend and King review of Riksbank monetary policy
• John Plender: Capitalists Excel at Giving Themselves a Bad Name

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• David Keohane: Further, further Pettis on China’s new “supply-side” reforms
• Michael Pettis: Will China’s new “supply-side” reforms help China? | What does a “good” Chinese adjustment look like? | Thin Air’s money isn’t created out of thin air
• Heather Boushey: Finding Time: The Economics of Work-Life Conflict (Cambridge: Harvard University Press: 9780674660168)
• Nicholas Bagley: Legal Limits and the Implementation of the Affordable Care Act