Things to Read on the Evening of April 13, 2015

Must- and Should-Reads:

• Max Roser: Income inequality: poverty falling faster than ever but the 1% are racing ahead
• >Roger Farmer: “Free trade in the financial markets does not lead to Pareto efficient outcomes. And, as we have learned only too painfully; pain on Wall Street leads to pain on Main Street. Monetary policy cannot ensure financial stability and stable prices with only one instrument. We must manage the risk composition of the central bank’s balance sheet as well as its size…”
• Daniel Davies: Digital Locability and Interocular Trauma: CEOs say the dumbest things, part xxxx
• Today’s Must-Must-Read: Gavyn Davies: Who Is Right About the Equilibrium Interest Rate?
• Philippe Legrain: The Eurozone’s False Recovery
• Karl Marx: Critique of the Gotha Programme
• Harry Holzer: Creating skilled workers and higher-wage jobs
• Must-Read: Max Sawicky: Work Makes Fritos
• Must-Read: Pro-Growth Liberal: EconoSpeak: Jeffrey Sachs’ Feeble Defense of David Cameron
• John Lukacs: Monsters Together: Review of Roger Poorhouse, “The Devils’ Alliance”
• Izabella Kaminska: “You know what they say about ETFs… (REALLY good shorting vehicles for hedge funds and smart money in general.) And you know what they say about ETF launches… (If we build it to satisfy the shorting needs of the smart money, the long dumb money will surely come…)”

Might Like to Be Aware of:

• Chris Messina: The Full-Stack Employee
• Rachel Emerson: “Don’t Lecture Me; I’m Trying to Learn!”; How Effective Are Lecture-Based Classes?
• Poemas del Río Wang (1939): “Seventy [five] years ago… a monumental military parade took place in the Polish city of Brześć. In view of the militarist spirit of the age there is nothing unusual in this. What is unusual is that the parade was held not by the Polish army, but by the Soviet Red Army and the Nazi German Wehrmacht–together…”
• Christopher Null: Bryan Davis Says He Can Make 20-Year-Old Rum in 6 Days