Things to Read on the Evening of April 14, 2015

Must- and Should-Reads:

• Tim Worstall: Increased Globalisation Explains Some Of The Increase In The US Profit Share
• Nathaniel Hendren: “I show adjusting for increased income inequality lowers the rate of U.S. economic growth since 1980 by roughly 15-20%, implying a social cost of increased income inequality in the U.S. of roughly $400 billion. Adjusting for differences in income inequality across countries, the U.S. is poorer than countries like Austria and the Netherlands, despite having higher national income per capita…”
• Zeynep Tufkeci: Facebook, Network Externalities, Regulation
• Susan Boynton: A Tenured Professor On Why Hiring Adjuncts Is Wrong
• Must-Read: Wolfgang Münchau: Macroeconomists Need New Tools to Challenge Consensus
• Today’s Must-Must-Read: Matthew Yglesias: A Chart Obamacare’s Critics Have a Hard Time Explaining
• Must-Read: Simon Wren-Lewis: Macro Teaching and the Financial Crisis
• Must-Read: Josh Zumbrun: Is Your Job ‘Routine’? If So, It’s Probably Disappearing

Might Like to Be Aware of:

• Kane Baccigalupi: The Code Is Just the Symptom
• Tim Worstall: [Increased Globalisation Explains Some Of The Increase In The US Profit Share http://www.forbes.com/sites/timworstall/2015/04/14/increased-globalisation-explains-some-of-the-increase-in-the-us-profit-share