Things to Read on the Morning of March 22, 2015
Must- and Should-Reads:
- Morning Must-Read: : What happens When US Rates Rise?
- Nighttime Must-Read: : The New Mercantilist Challenge
- Evening Must-Read: Binyamin Applebaum: Richard Fisher, Often Wrong but Seldom Boring, Leaves the Fed
- : “Rent… is… a payment for a resource in excess of its opportunity cost…. There has been… a ‘big idea’… that these rents are growing…. [We must] test the rent hypothesis systematically…”
- : “If Obamacare were pushing people into part-time work, we would expect an increase in involuntary part-time work…. The opposite has occurred…. The serious problem in US economic debates where those with non-credible arguments hold far too much sway…”
- : “From the Peru of Alberto Fujimori to the Hungary of Viktor Orban, illiberal regimes have managed to consolidate power without fencing off their countries or resorting to mass murder…. New forms of dictatorship based on manipulating information rather than on mass violence… can survive… in the face of moderate economic underperformance… [via] an increase in censorship and propaganda…”
Might Like to Be Aware of:
- : “I think there are bits and pieces of truth scattered through all of these answers to the question of ‘why did New Zealand end up with a treaty rather than a genocide?’… I read quite a lot about the history of the Treaty of Waitangi, and the thought that kept on coming back to me was that this must have been exactly how things progressed during the English conquest of Wales back in the fourteenth and fifteenth centuries…”
- : How the Internet Scooped Science
- : “Gov. Rick Perry’s political action committee… hiring Jamie Johnson… a sexist… wrote surfaced in which he wrote, ‘The question then comes, ‘Is it God’s highest desire, that is, his biblically expressed will… to have a woman rule the institutions of the family, the church, and the state?’… Perry’s people actually have a good reason to think this is going to be no big deal, because this kind of overt sexism has become downright mainstream in conservative media as of late…”
- : The crisis in US-Israel relations is much bigger than Bibi Netanyahu
- : Obama’s Well-Earned Victory Lap on the Economy