Tag: roundup

• Nick Bunker: Some very worrying trends in U.S. lifetime income growth: “Concerns about outright income stagnation for many Americans are not overhyped… https://equitablegrowth.org/equitablog/value-added/some-very-worrying-trends-in-u-s-lifetime-income-growth/
• Tamim Bayoumi and Barry Eichengreen: Shocking Aspects of European Monetary Unification: “Data on output and prices for 11 EC member nations… http://www.nber.org/papers/w3949
• Martin Wolf: Asia’s dynamism at risk in US and China’s competing visions for global trade: “China is promoting a Regional Comprehensive Economic Partnership (RCEP)… https://www.ft.com/content/343e8300-0288-11e7-aa5b-6bb07f5c8e12
• Ezra Klein: Health Care Hot Potato: “[Like the Tea Party] Caucus… the Coverage Caucus… don’t want to be blamed for [the bill’s] defeat… https://www.vox.com/policy-and-politics/2017/5/4/15536422/health-care-hot-potato-ahca

Interesting Reads:

• Barry Eichengreen: The Euro Crisis: A Look Back and a Look Forward: “Lecture | May 4 | 12-1 p.m. | 201 Moses Hall…” http://events.berkeley.edu/index.php/calendar/sn/ies.html?event_ID=108131&date=2017-05-04&filter=Target/Open%20To%20Audiences&filtersel=
• Matthew Yglesias: Republicans’ health bill takes $600 billion out of health care to cut taxes for the rich: “Everything else is a sideshow…” https://www.vox.com/2017/5/4/15544774/ahca-tax-cut…”
• Bishnupriya Gupta: _Tawney Lecture 2017: Falling behind and catching up: India’s transition from a colonial economy http://www.ehs.org.uk/multimedia/%20tawney-lecture-2017-falling-behind-and-catching-up-india-s-transition-from-a-colonial-economy
• Neil Ericsson, David Hendry, and Stedman Hood: Milton Friedman and data adjustment: “Milton Friedman more than doubled the observed initial stock of money to account for a ‘changing degree of financial sophistication’…. His data adjustment dramatically reduced apparent movements in the velocity of circulation of money, and it adversely affected the constancy and fit of his estimated money demand models…” http://voxeu.org/article/milton-friedman-and-data-adjustment
• Kris Mitchener and Gonçalo Pina: Pegxit Pressure: “Markets [may] expect countries to abandon pegs and devalue their currencies [because of] shocks to the value of their output. During the classical gold standard era commodity price fluctuations determined expected devaluation…” http://voxeu.org/article/pegxit-pressure
• “After Piketty” Excerpt http://www.bradford-delong.com/2017/05/after-piketty-excerpt.html: “While we will not repeat the cultural dominance of property of the 1870–1914 Belle Époque French Third Republic, we do look to be engaged in the process of echoing many of its main characteristics…”
• Globalization in the Crosshairs: Trade, Jobs, Inequality, Globalization, Robots II http://www.bradford-delong.com/2017/05/globalization-in-the-crosshairs-trade-jobs-inequality-globalization-robots-ii.html

• Francis Wilkinson: Trade Is the Scapegoat for Political Failure: “Democrats have no viable plans to bring back sustainable, high-paying, blue-collar jobs… https://www.bloomberg.com/view/articles/2017-05-03/trade-is-the-scapegoat-for-political-failure
• Ernest Gellner (1990): The Civil and the Sacred: “The bourgeois fantasy lay in its doctrine that work was the very essence of man… http://www.bradford-delong.com/2017/02/weekend-reading-from-ernest-gellner-1990-the-civil-and-the-sacred.html
• Martin Wolf: Donald Trump’s pluto-populism laid bare: “For all the sound and fury, the president is governing like a traditional Republican…” https://www.ft.com/content/69fe4862-2f20-11e7-9555-23ef563ecf9a
• Larry Summers: Steven Mnuchin’s big claims show him in a poor light: “Last week… I felt sorry for… Mnuchin… https://www.ft.com/content/e5ad91fa-9409-384e-aaa1-ea0e81bf62b4
• Kevin Drum: Paul Ryan Isn’t Even Trying to Pass a Health Care Bill Anymore: “They just want to be able to tell their base that they tried… http://www.motherjones.com/kevin-drum/2017/04/paul-ryan-isnt-even-trying-pass-health-care-bill-anymore
• Binyamin Applebaum: A Look Inside Airbus’s Epic Assembly Line https://www.nytimes.com/2017/05/03/magazine/a-look-inside-airbuss-epic-assembly-line.html: “A confluence of political and economic forces has prompted Europe’s largest airplane manufacturer to place a factory in Alabama…

Interesting Reads:

• John Scalzi: The Brain Eater: “Thus the irony of the Brain Eater: It makes you become, by your own hand, the thing you suspect others were working so hard to make you be: A failure…” http://whatever.scalzi.com/2017/05/03/the-brain-eater/
• Kevin Drum: Chart of the Day: Obamacare’s Triumph—Except in the South | Mother Jones: “By 2016, the per capita rate of chronically uninsured in the South was more than twice what it was in the rest of the country even though southern states could have reduced their uninsured rate practically for free. This is the triumph of Republican bitterness over human decency…” http://www.motherjones.com/kevin-drum/2017/04/chart-day-obamacares-triumph%E2%80%94except-south
• Sean Gailmard: Building a New Imperial State: The Strategic Foundations of Separation of Powers in America: “Separation of powers helps an imperial crown mitigate an agency problem with its colonial governor…” https://www.dropbox.com/s/20itthjr6m0zxuz/imp-sop-inf3.pdf
• Montage: The Garden Bar https://www.montagehotels.com/beverlyhills/dining/garden-bar/
• Biz Carson: Waymo versus Uber court hearing: “January 27, 2016 — Levandowski leaves Google with no notice. January 28, 2016 — Uber promises 5 million shares of Uber stock vesting a day after he leaves… worth more than $250 million…” http://www.businessinsider.com/waymo-versus-uber-court-hearing-2017-5
• Where US Manufacturing Jobs Really Went: Fresh at Project Syndicate http://www.bradford-delong.com/2017/05/where-us-manufacturing-jobs-really-went-fresh-at-project-syndicate.html
• Tuesday Hoisted from the Archives: Ben Thompson on Medium… http://www.bradford-delong.com/2017/05/ben-thompson-may-22-2015-medium-the-networkhttpsstratecherycom2015medium-the-network-automattic-buys-woocomm.html
• Ta-Nehisi Coates: The Dark Art of Racecraft: Hoisted from the Archives from 2013 http://www.bradford-delong.com/2017/05/ta-nehisi-coates-the-dark-art-of-racecraft-hoisted-from-the-archives.html

• *Nick Bunker: Should policymakers worry about the level of debt or the pace of credit growth?: “Other research on the impact of debt and credit on economic output has emphasized the role of household debt… https://equitablegrowth.org/equitablog/should-policymakers-worry-about-the-level-of-debt-or-the-pace-of-credit-growth/
• Henry Farrell: The Thousand Day Reich: The Double Movement: “A simple Polanyian account of Trump and right wing populism would explain it… http://crookedtimber.org/2017/05/01/the-thousand-day-reich-the-double-movement/#comment-708419
• Arthur Goldhammer: The Piketty Phenomenon: “I will discuss anticipations of the book’s reception… show that even the most optimistic forecasts failed to predict the extent of the Piketty phenomenon… http://amzn.to/2pynukp
• Suresh Naidu: A Political Economy Take on W/Y: “The full political-economy equilibrium… lets us see the determinants of the wealth/income ratio… http://amzn.to/2pynukp
• UC Berkeley: Haas Institute for a Fair and Inclusive Society: Othering & Belonging: “How Do We Think About, Talk About, and Give Birth to a World Where All Belong?_: “The Othering & Belonging Conference is a dynamic gathering over 2.5 days… http://conference.otheringandbelonging.org/
• Mark Thoma: The Demand for Education: “One of the most rewarding parts of deciding to go online 12 years ago… http://economistsview.typepad.com/economistsview/2017/03/the-demand-for-education.html
• Jeremy Cliffe: On Twitter: Today’s FAZ Report on May’s Disastrous Dinner with Juncker https://twitter.com/JeremyCliffe/status/858810953353367552: “Today’s FAZ report on May’s disastrous dinner with Juncker…

Interesting Reads:

• Esteban Ortiz-Ospina and Max Roser: International Trade https://ourworldindata.org/international-trade
• Cardiff Garcia: US inflation back to undershooting 2 per cent ahead of FOMC meeting https://ftalphaville.ft.com/2017/05/01/2188052/us-inflation-back-to-undershooting-2-per-cent-ahead-of-fomc-meeting/
• Ben Thompson: Alphabet’s Earnings; Revisiting Peak Google, Again; How Mobile Helps Google: “The more that people use mobile to search, the more that Google ads are the only option…” https://stratechery.com/2017/alphabets-earnings-revisiting-peak-google-again-how-mobile-helps-google/
• John Boykin: UX Magazine http://uxmag.com/search-results?keyword=Boykin

• Adam Tooze: Reviewing ‘How Will Capitalism End?’ by Wolfgang Streeck: “Streeck draws urgent practical conclusions… https://www.lrb.co.uk/v39/n01/adam-tooze/a-general-logic-of-crisis
• Heather Boushey, Brad DeLong and Marshall Steinbaum: Equitable Growth in Conversation: Marshall Steinbaum: “I think the key question… in Piketty terms [is]… https://equitablegrowth.org/research-analysis/equitable-growth-in-conversation-brad-delong-and-marshall-steinbaum/
• Arindrajit Dube: Minimum wages and the distribution of family incomes in the United States: “I find robust evidence that higher minimum wages lead to increases… https://equitablegrowth.org/research-analysis/minimum-wages-and-the-distribution-of-family-incomes-in-the-us/
• Greg Leiserson: A premature promise on tax rates could threaten tax reform https://equitablegrowth.org/research-analysis/a-premature-promise-on-tax-rates-could-threaten-tax-reform/: “Mulvaney’s suggestion that the announcement may include an indication of the administration’s proposed rates and little else…
• Kavya Vaghul: How gig economy companies fit (or don’t fit) into the tax systemEquitable Growth https://equitablegrowth.org/equitablog/value-added/how-gig-economy-companies-fit-or-dont-fit-into-the-tax-system/: “These companies and the people they hire via individual contracts may not yet be…
• Gauti Eggertsson, Neil Mehrotra, and Jacob A. Robbins: To accommodate or not: The Federal Reserve’s new normal http://voxeu.org/article/accommodate-or-not-federal-reserve-s-new-normal: “Current [monetary] policy may be at or close to the natural rate…
• George Callas: Donald Trump’s corporate tax cuts can’t pass Congress: “Here is a data point for folks… http://www.slate.com/blogs/moneybox/2017/04/25/donald_trump_s_corporate_tax_cuts_can_t_pass_congress.html
• Kavya Vaghul: The student loan crisis is fueled by a weak labor market: “Holger M. Mueller and Constantine Yannelis… investigate how massive declines in home prices during the Great Recession… https://equitablegrowth.org/equitablog/value-added/the-student-loan-crisis-is-fueled-by-a-weak-labor-market/
• Sarah Kliff: Republicans exempt their own insurance from their latest health care proposal: “The new Republican amendment… would allow states to waive out of Obamacare’s ban on pre-existing conditions… https://www.vox.com/2017/4/25/15429982/gop-exemption-ahca-amendment

Interesting Reads:

• Noah Smith: The siren song of homogeneity http://noahpinionblog.blogspot.com/2017/04/the-siren-song-of-homogeneity.html
• Olivier Blanchard: “The current core… RBC… wit… nominal rigidities, seems too much at odds with reality…. The Euler equation for consumers and the pricing equation for price-setters seem to imply… much too forward lookingness…. The core model must have nominal rigidities, bounded rationality and limited horizons, incomplete markets and the role of debt…”
  • On the Need for (At Least) Five Classes of Macro Models https://piie.com/blogs/realtime-economic-issues-watch/need-least-five-classes-macro-models
  • The Need for Different Classes of Macroeconomic Models https://piie.com/blogs/realtime-economic-issues-watch/need-different-classes-macroeconomic-models
  • Further Thoughts on DSGE Models https://piie.com/blogs/realtime-economic-issues-watch/further-thoughts-dsge-models
  • Do DSGE Models Have a Future? https://piie.com/system/files/documents/pb16-11.pdf
• Markus Brunnermeier et al.: A safe asset for Europe https://ftalphaville.ft.com/2017/04/28/2188024/guest-post-a-safe-asset-for-europe/
• Ulrike Malmendier: Publicani https://eml.berkeley.edu/~ulrike/Papers/Publicani_Article_v5.pdf
• Ulrike Malmendier: Law and Finance “at the Origin” https://eml.berkeley.edu/~ulrike/Papers/JELDraft73_withabstract_andTable.pdf
• Graduate Center CUNY Presents: The First 100 Days http://www.gc.cuny.edu/All-GC-Events/GC-Presents/The-First-100-Days
• Joe Gagnon: We Know What Causes Trade Deficits: “A country can have a trade deficit only if it is borrowing…. Trade barriers have only minor effects on borrowing and lending decisions… cause the exchange rate to appreciate to bring about offsetting changes in other imports and exports…” https://piie.com/blogs/trade-investment-policy-watch/we-know-what-causes-trade-deficits
• Richard Bushman et al.: Mormon History Shows the Dangers of Targeting Muslims http://mormonscholarsbrief.blogspot.com/2017/04/testing-testing.html
• Paul Murphy: It seems Google and Facebook really are taking ALL the growth in ad revenue | FT Alphaville https://ftalphaville.ft.com/2017/04/26/2187891/it-seems-google-and-facebook-really-are-taking-all-the-growth-in-ad-revenue/
• Risk Parity http://www.investopedia.com/terms/r/risk-parity.asp
• Ernesto Dal Bó, Frederico Finan, Olle Folke, Torsten Persson, and Johanna Rickne: Democracy and meritocracy: “Swedish population data on cognitive and leadership ability… argue that[s] democracy in Sweden has created… inclusive meritocracy… avoid[ing] the tension between representation and competence…” http://voxeu.org/article/democracy-and-meritocracy
• Lorenzo Caliendo, Robert Feenstra, John Romalis, and Alan Taylor: Theory and evidence for the last two decades of tariff reductions: “Standard trade models have missed an important source of gains from trade by neglecting… production linkages and multiple sectors. Under monopolistic competition, the effects of firm entry may be so powerful that optimal tariffs are not positive but negative. Even the removal of small positive tariffs could thus produce significant welfare gains…” http://voxeu.org/article/theory-and-evidence-last-two-decades-tariff-reductions
• Loren Adler and Paul B. Ginsburg: Obamacare Premiums Are Lower Than You Think: “Average premiums in the individual market actually dropped significantly upon implementation of the ACA… people are getting more for less under the ACA…” http://healthaffairs.org/blog/2016/07/21/obamacare-premiums-are-lower-than-you-think/
• Diane Coyle: Contradictions of Capital http://www.chronicle.com/article/Contradictions-of-Capital/239829
• Patee House Museum http://ponyexpressjessejames.com/patee/index.php
• Colossal (2017) https://www.rottentomatoes.com/m/colossal/
• What Reason Is There to Be Pessimistic About the United States?: DeLong FAQ http://www.bradford-delong.com/2017/04/what-reason-is-there-to-be-pessimistic-about-the-united-states-delong-faq.html
• What Reason Is There to Be Optimistic About the World?: DeLong FAQ http://www.bradford-delong.com/2017/04/global-optimism-q-what-is-the-single-most-important-thing-that-makes-you-optimistic-for-the-world-a-our-enormous-tec.html
• For the Weekend… http://www.bradford-delong.com/2017/04/for-the-weekend-1.html: “Folk Alley Sessions: Anaïs Mitchell & Jefferson Hamer: Tam Lin:…”
• Weekend Reading: Daniel Davies: Why a Speech from Barack Obama is Worth $400,000 http://www.bradford-delong.com/2017/04/weekend-reading-daniel-davies-why-a-speech-from-barack-obama-is-worth-400000.html
• Live from Merrie Olde England: Paul Bronks: @virtuallydead: https://twitter.com/virtuallydead/status/857834735170723840…” http://www.bradford-delong.com/2017/04/live-from-merrie-olde-england-paul-bronks-virtuallydead.html

Branko Milanovic: El Super Clasico: Trade and Technology Duke It Out at CUNY: “The panelists seemed to agree… http://glineq.blogspot.com/2017/04/el-super-clasico-trade-and-technology.html
* Trade, Jobs, and Inequality http://www.gc.cuny.edu/All-GC-Events/Calendar/Detail?id=38997: “CUNY :: The Graduate Center :: 365 Fifth Avenue :: C200: Proshansky Auditorium :: April 26, 2017: 6:30 PM http://www.gc.cuny.edu/publicprograms…
* INET: Education Initiative: “We are thrilled that you are joining us at the Berkeley Spring 2017 Education Convening, Friday, April 28th 9am-5pm Blum Hall, B100 #5570, Berkeley, CA 94720-5570… https://www.ineteconomics.org/education/curricula-modules/education-initiative
* Peter Ganong and Pascal Noel: Consumer spending during unemployment: Positive and normative implications: “We study… unemployment insurance… using de-identified data from nearly 200,000 bank accounts… https://equitablegrowth.org/working-papers/consumer-spending-during-unemployment/
* Nisha Chikhale: The importance of unemployment benefits for protecting against income drops: “Jesse Rothstein… and Robert Valletta… the role that unemployment insurance plays in supporting family incomes… https://equitablegrowth.org/equitablog/value-added/the-importance-of-unemployment-benefits-for-protecting-against-income-drops/
* Dietrich Vollrath: Topics in Economic Growth: “I just created some new pages… https://growthecon.com/blog/Topics-Pages/
* Nick Bunker: Weekend reading: “Link pass-through entity” edition | Equitable Growth: “Arindarjit Dube summarizes his recent research on the effect of minimum wage hikes on family incomes… https://equitablegrowth.org/equitablog/weekend-reading-link-pass-through-entity-edition/

Interesting Reads:

• Jesse Rothstein & Robert G. Valletta: Scraping by: Income and program participation after the loss of extended unemployment benefits | Equitable Growth: “We identify individuals whose jobless spells outlasted their UI benefits (exhaustees) and examine household income, program participation, and health-related outcomes…” https://equitablegrowth.org/working-papers/income-after-loss-of-extended-unemployment-benefits/
• Kevin Drum: Quote of the Day: I Only Said NATO Was Obsolete Because I Didn’t Know Anything About NATO http://www.motherjones.com/kevin-drum/2017/04/quote-day-i-said-nato-was-obsolete-because-i-didnt-know-anything-about-nato
• Carol Atack: Three Views of Thucydides: https://anachronismandantiquity.wordpress.com/2017/04/24/three-views/
• Sonam Sheth: Merkel had to explain trade to Trump 11 times – Business Insider: “Ten times Trump asked if he could negotiate a trade deal with Germany…. On the eleventh refusal, Trump finally got the message, ‘Oh, we’ll do a deal with Europe then.’…” http://www.businessinsider.com/trump-trade-merkel-germany-eu-2017-4
• Nouriel Roubini: A Fiscal Reality Test for US Republicans: “The only sensible way to provide tax relief to middle- and lower-income workers is to raise taxes on the rich… a socially progressive populist idea that a pseudo-populist plutocrat like Trump will never accept…. Republicans will continue to delude themselves…” https://www.project-syndicate.org/commentary/trump-republicans-tax-reform-failure-by-nouriel-roubini-2017-04
• Heather Boushey, Brad DeLong and Marshall Steinbaum: After Piketty: The Agenda for Economics and Inequality http://www.bradford-delong.com/2017/04/heather-boushey-brad-delong-and-marshall-steinbaum-after-piketty-the-agenda-for-economics-and-inequality.html
• Trade, Jobs, and Inequality: CUNY http://www.bradford-delong.com/2017/04/trade-jobs-and-inequality-cuny.html
  • Trade, Jobs, and Inequality Video http://www.bradford-delong.com/2017/04/trade-jobs-and-inequality-video.html
  • Notes for Trade, Jobs, and Inequality: CUNY Event http://www.bradford-delong.com/2017/04/notes-for-trade-jobs-and-inequality-cuny-event.html
• What Can Be Done to Improve the Episteme of Economics? http://www.bradford-delong.com/2017/04/what-can-be-done-to-improve-the-episteme-of-economics.html
• (Late) Monday Smackdown: Robert Lucas Pretends… Edition http://www.bradford-delong.com/2017/04/late-monday-smackdown-robert-lucas-pretends-edition.html
• Weekend Reading: Wolfgang Streeck: Trump and the Trumpists http://www.bradford-delong.com/2017/04/weekend-reading-wolfgang-streeck-trump-and-the-trumpists.html
• (Early) Weekend Reading: Franz von Papen (June 17, 1934): Marburger Rede http://www.bradford-delong.com/2017/04/early-weekend-reading-franz-von-papen-june-17-1934-marburger-rede.html
• Live from Microsoft Office Hell: Swift on Security: “How to figure out why the Excel file on the network share is locked https://twitter.com/Abzol/status/857251772078968832…” http://www.bradford-delong.com/2017/04/live-from-microsoft-office-hell-swift-on-security-_how-to-figure-out-why-the-excel-file-on-the-network-share-is-locked_.html
• Live from the Orange-Haired Baboon Cage: Dan Drezner: Six different ways of looking at a Trump tweet: “Many people are saying that Trump’s tweets do not matter. I say they contain some very interesting insights https://www.washingtonpost.com/posteverything/wp/2017/04/24/six-different-ways-of-looking-at-a-trump-tweet/…” http://www.bradford-delong.com/2017/04/should-read-dan-drezner-_six-different-ways-of-looking-at-a-trump-tweet_-many-people-are-saying-that-trumps-tweets-d.html

• Matthew Yglesias: If you really respect Trump voters, tell them the truth: “A wave of recent columns argue that what Trump superfans… http://www.vox.com/policy-and-politics/2017/4/24/15375206/respect-trump-voters-truth
• Ezra Klein: The GOP’s biggest health care achievement has been making Obamacare more popular: “It is bizarre watching House Republicans persuade themselves that the problem they face on health care… https://www.vox.com/obamacare/2017/4/20/15373092/republicans-made-obamacare-more-popular
• Fatih Guvenen and Greg Kaplan: Top Income Inequality in the 21st Century: Some Cautionary Notes: “IRS and SSA data reveal diverging patterns in top income shares… http://papers.nber.org/w23321.pdf
• Kevin Drum: We’re Now In the Second Biggest Housing Boom of All Time: “The most remarkable feature of this chart… http://www.motherjones.com/kevin-drum/2017/04/were-now-second-biggest-housing-boom-all-time
• Òscar Jordà, Moritz Schularick, and Alan M. Taylor: Monetary Policy Medicine: Large Effects from Small Doses?: “How do we know that higher interest rates will bring prices under control?… http://www.frbsf.org/economic-research/publications/economic-letter/2017/april/monetary-policy-medicine-using-quasi-random-experiments/
• Hyun Song Shin: Accounting for global liquidity: reloading the matrix: “In emerging market economies especially, a weakening of the domestic currency against the dollar saps both cross-border bank lending and investment… http://www.bis.org/speeches/sp170419.htm

Interesting Reads:

• Alan Auerbach et al.: How the Growing Gap in Life Expectancy May Affect Retirement Benefits and Reforms http://papers.nber.org/tmp/16516-w23329.pdf
• Martin Wolf: Dealing with America’s trade follies https://www.ft.com/content/fca7e9a4-2366-11e7-a34a-538b4cb30025: “Its policies will fail to reduce deficits—for which foreigners will be blamed…”
• Benjamin Wallace-Wells: The Despair of Learning That Experience No Longer Matters http://www.newyorker.com/news/benjamin-wallace-wells/the-despair-of-learning-that-experience-no-longer-matters
• Dani Rodrik: Prudential regulation, capital controls, and second-best: “One of my favorite aphorisms is ‘the world is second best, at best’ (due to Avinash Dixit)…. First-best logic can be misleading…” http://rodrik.typepad.com/dani_rodriks_weblog/2017/04/prudential-regulation-capital-controls-and-second-best.html
• Duncan Black: If You Get Sick, Should You Just Die If You Aren’t Rich?: “That really is the fundamental question with our health care system…. I get enraged every time I see a gofundme type thing for someone’s cancer… by the fact that people have to beg to live and this just ‘normal’. http://www.eschatonblog.com/2017/04/if-you-get-sick-should-you-just-die-if.html
• Eric S. Rosengren: _The Federal Reserve Balance Sheet and Monetary Policy” <file:///Users/delong/Downloads/041917text.pdf>
• A Low-Pressure Economy Is Not Only Dark But Invisible in the Horserace Noah Smith is Running…: “…” http://www.bradford-delong.com/2017/04/a-low-pressure-economy-is-not-only-dark-but-invisible-in-the-horserace-noah-smith-is-running.html
• Hoisted: Mike Konczal (2013): Reinhart-Rogoff A Week Later: Why Does This Matter? http://www.bradford-delong.com/2017/04/hoisted-reinhart-rogoff-a-week-later-why-does-this-matter-seeking-alpha.html

• Nick Bunker: What would rules-based monetary policy look like?: “All of this isn’t to say that the reaction functions of central banks or individual central bankers aren’t important https://equitablegrowth.org/equitablog/value-added/what-would-rules-based-monetary-policy-look-like/…” http://www.bradford-delong.com/2017/04/what-would-rules-based-monetary-policy-look-like-equitable-growth.html
• Mark Thoma: The Fed’s Inflation Goal: What Does the Public Know?: “‘Lately, various Committee members… and Chair Yellen… http://economistsview.typepad.com/economistsview/2017/04/the-feds-inflation-goal-what-does-the-public-know.html
• Jamelle Bouie: The Muted Response to the Retail Apocalypse Shows Which Workers Count in Trump’s America: Fake Working Class: “The retail industry’s recent decline… http://www.slate.com/articles/news_and_politics/politics/2017/04/the_response_to_the_retail_apocalypse_shows_which_workers_count_in_trump.html
• Rick Perlstein: I Thought I Understood the American Right. Trump Proved Me Wrongs: “Direct-mail pioneers like Richard Viguerie created hair-on-fire campaign-fund-raising letters… https://www.nytimes.com/2017/04/11/magazine/i-thought-i-understood-the-american-right-trump-proved-me-wrong.html
• Tim Carmody: Pour some out for the sites that aren’t here: Google Reader: “Some of the best things ever seen or used on the web can’t be saved… http://kottke.org/17/04/pour-some-out-for-the-sites-that-arent-here

Interesting Reads:

• Tim Carmody: Jay Smooth’s Ill Doctrine is still the best http://kottke.org/17/04/jay-smooths-ill-doctrine-is-still-the-best
• Tim Carmody: The web’s most useful tools and sites http://kottke.org/17/04/the-webs-most-useful-tools-and-sites
• FutureMe.org: Write a Letter to the Future https://www.futureme.org/
• Kevin Kelly: Cool Tools | Cool tools really work. A cool tool can be any book, gadget, software, video, map, hardware, material, or website that is tried and true. All reviews on this site are written by readers who have actually used the tool and others like it. Items can be either old or new as long as they are wonderful. We only post things we like and ignore the rest. Suggestions for tools much better than what is recommended here are always wanted. Tell me what you love. http://kk.org/cooltools
• Kevin Kelly http://kk.org/
• Old Maps Online http://www.oldmapsonline.org/
• Green’s Dictionary of Slang: “‘Quite simply the best historical dictionary of English slang there is, ever has been […] or is ever likely to be’—Journal of English Language and Linguistics…” https://greensdictofslang.com/
• U.C. Berkeley: Center for Human-Compatible AI http://humancompatible.ai/
• Charles Rose (1998): Troy and the Historical Imagination https://www.jstor.org/stable/4352107
• Jason Scott: Early Macintosh Emulation Comes to the Internet Archive https://blog.archive.org/2017/04/16/early-macintosh-emulation-comes-to-the-archive/
• Brewster Kahle: A Few Advanced Search Tips https://blog.archive.org/2017/04/16/a-few-advanced-search-tips/
• jjjake: A Python and Command-Line Interface to Archive.org https://github.com/jjjake/internetarchive
• USAFacts https://www.usafacts.org/
• Tim Carmody: The best tweets ever (nominated by Kottke readers) http://kottke.org/17/04/the-best-tweets-ever-nominated-by-kottke-readers
• Against Alasdair Macintyre’s “After Virtue”… http://www.bradford-delong.com/2017/04/against-alasdair-macintyres-after-virtue.html: “That is a very powerful statement that what is sought after is successful managerialism–a successful managerialism with a preferential option for the poor…”
• Artificial Intelligence and Artificial Problems: At Project Syndicate http://www.bradford-delong.com/2017/04/artificial-intelligence-and-artificial-problems-no-longer-fresh-at-project-syndicate.html: “Our problems are, almost exclusively, problems of social engineering and of maintaining a fair balance of relative incomes…”
• Why Is There Economic Injustice?: DeLong FAQ http://www.bradford-delong.com/2017/04/why-is-there-economic-injustice-delong-faq.html: “I think the basic problem is that you expect—in some sense—that the market economy should be “fair”. It isn’t. In fact, it cannot be…”

• Financial Times: Donald Trump Beats a Retreat: “Another week, another series of flip-flops by America’s president… https://www.ft.com/content/039d80ae-21cb-11e7-8691-d5f7e0cd0a16
• Ezra Klein: The GOP’s problem on health reform is they’ve spent years hiding their real position: “The most interesting policy argument… is the debate between conservatives’ real position on health care and their fake position… https://www.ft.com/content/039d80ae-21cb-11e7-8691-d5f7e0cd0a16
• Paul Krugman: On Twitter: “The CA/KS comparison—Brown and Brownback took office same time—never gets old, because the derp keeps coming…” https://twitter.com/paulkrugman/status/853693665239326720
• Willa Friedman et al. (2011): Education as Liberation?: “We assess the political and social impacts of a randomized girls’ merit scholarship incentive program in Kenya that raised test scores and secondary schooling… http://www.nber.org/papers/w16939

Interesting Reads:

• Dietrich Vollrath: Aggregate Productivity versus Aggregate Technology… Again: “Measured aggregate TFP growth is like a trash can… includ[ing[ aggregate technology (which got tossed in there by accident while cleaning up kitchen), but also all sorts of other junk (like leftover coffee grounds)…” https://growthecon.com/blog/TFP-With-Profits/?utm_source=dlvr.it&utm_medium=twitter
• Jamelle Bouie: Andrew Sullivan’s perpetuation of model minority and black pathology myths is pretty boring at this point.: “Even as he avoids the words black or African American, that charge—that black deficiency (or even pathology) drives black disadvantage—is the core of Sullivan’s inquiry. And his argument, unstated but clear as the blue sky, is that black Americans have only themselves and their culture to blame for continued racial inequality…” http://www.slate.com/articles/news_and_politics/politics/2017/04/andrew_sullivan_s_perpetuation_of_model_minority_and_black_pathology_myths.html?wpsrc=sh_all_mob_tw_top
• Q&A with Economist and Author Heather Boushey http://www.nhbr.com/April-14-2017/Q-A-with-Economist-and-author-Heather-Boushey/
• Peter Lindert: European and Asian incomes in 1914: New take on the Great Divergence http://voxeu.org/article/european-and-asian-incomes-1914-new-take-great-divergence
• FT Market Dashboard: The five markets charts that matter for investors https://www.ft.com/content/c4de73e2-17a1-11e7-9c35-0dd2cb31823a
• Pseudoerasmus (2014): The “Anthropology” of Financial Crises: “Some time in the late 1990s, something changed within the German economy, and it was definitely a supply-side event, i.e., Germany’s labour costs began to fall relative to its trading partners’…” https://pseudoerasmus.com/2014/08/01/anthropology-of-financial-crises/

• Barry Eichengreen and Brad DeLong (2013): New Preface to Charles Kindleberger, “The World in Depression 1929-1939”: “Anyone fortunate enough to live in New England in 1970-1985 or so and possessed of even a limited interest in international financial and monetary history… http://delong.typepad.com/sdj/2013/04/new-preface-to-charles-kindleberger-the-world-in-depression-1929-1939.html
• Dani Rodrik: A Foreword to Kari Polanyi Levitt: “I first encountered Karl Polanyi as an undergraduate, in a course on comparative politics… http://rodrik.typepad.com/dani_rodriks_weblog/2017/03/a-foreword-to-kari-polanyi-levitt.html

Interesting Reads:

• Justin Fox: The De-Electrification of the U.S. Economy: “The ‘old thermoelectric power complex’ was decidedly not on the cusp of a big boom in 1999…” https://www.bloomberg.com/view/articles/2017-04-12/the-de-electrification-of-the-u-s-economy
• Afaf Lutfi Sayyid-Marsot (1984): Egypt in the Reign of Muhammad Ali https://books.google.com/books?id=KCz7N-GYKRcC&printsec=frontcover&source=gbs_book_other_versions#v=onepage&q&f=false
• Carlos F.Diaz Alejandro (1984): Essays on the Economic History of the Argentine Republic http://amzn.to/2p0D08V
• Peter Evans (1995): Embedded Autonomy http://amzn.to/2p0ID74
• William A. Darity Jr. and John Schmitt: Equitable Growth in Conversation: “A new graduate student really has to make a very careful choice about which department to go to, and once there, who they should work with in that department. I would say that’s the research that needs to be done carefully, rather than telling people they shouldn’t go into economics….” https://equitablegrowth.org/labor-markets/equitable-growth-in-conversation-an-interview-with-william-a-darity-jr-sandy-of-duke-university/
• Notes: Working, Earning, and Learning In the Age of Intelligent Machines http://www.bradford-delong.com/2017/04/notes-working-earning-and-learning-in-the-age-of-intelligent-machines.html
• Weekend Reading: Barry Eichengreen and Bradford DeLong (2012): New preface to Charles Kindleberger, “The World in Depression 1929-1939” http://www.bradford-delong.com/2017/04/weekend-reading-barry-eichengreen-and-bradford-delong-2012-new-preface-to-charles-kindleberger-the-world-in-depression.html