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.
Monetary policy
Frances Coppola on the fiscal theory of monetary expansion. [coppola comment]
Jobs and income
Ben Walsh argues that the boom in oil jobs in the United States is over. [huff post]
Shane Ferro reports that one million Americans are at risk of losing access to the Supplemental Nutrition Assistance Program next year. [business insider]
The United States has the highest GDP per capita, but as Matt Bruenig shows, incomes at the bottom are higher in other developed countries. [demos]
What explains the decline in the labor share of income? Dylan Matthews looks into the competing hypotheses. [vox]
A gathering of economists
Cardiff Garcia lays out his observations from the annual Allied Social Sciences Associations meeting in Boston this past weekend. [ft alphaville]
Ben Casselman and Andrew Flowers were also at the ASSA meeting and noticed that economists seem to be more engaged with policy. [fivethirtyeight]