Weekend reading
This is a weekly post we publish every Friday with links to articles we think anyone interested in equitable growth should read. We won’t be the first to share these articles, but we hope by taking a look back at the whole week we can put them in context.
Unemployment is going down, but where’s the wage growth?
Justin Wolfers highlights the puzzle of why wage growth hasn’t taken off. [the upshot]
The practice of economics
“[E]very regression has a coefficient that will break your heart,” says Claudia Sahm in a piece that details all the ways research can fail. [on sabbatical]
Global trends
Ryan Avent argues the current digital and information industrial revolution will be more disruptive than the first two revolutions. [the economist]
Cardiff Garcia lists all of the factors that promote disinflation across the globe. [ft alphaville]
Frances Coppola points out that the global savings glut and the global debt glut are one in the same. [coppola comment]