Weekend reading
This is a weekly post we publish on Fridays with links to articles we think anyone interested in equitable growth should be reading. 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.
Links
Noah Smith asks: what causes recessions? He takes a look at “sticky prices.” [bloomberg view]
Ryan Decker writes about public earnings buying private firms. [updated priors]
What’s responsible for wage stagnation? William Galston points to international trade and China. [wsj]
Steve Randy Waldman on the trilemma of liberalism, inequality, and nonpathology. [interfluidity]
David Andolfatto interviews Giuseppe Moscarini on the job ladder and the employment recovery from the Great Recession. [st louis fed]
Friday figure
Figure from “Where do the beneficiaries of the Affordable Care Act live?” by Carter C. Price and David Evans.