Simon Gilchrist and Egon Zakrajsek: The Impact of the Federal Reserve's Large-Scale Asset Purchase Programs on Corporate Credit Risk: Noted
Paul Krugman: What's It All About Then?: Noted

Michael Tomasky: How Legislators View Their Constituents: Noted

Michael Tomasky: How Legislators View Their Constituents:

David Broockman and Christopher Skovron… asked more than 2,000 state legislative candidates from around the country what they thought the political leanings of their constituents were…. "Pick an American state legislator at random, and chances are that he or she will have massive misperceptions about district views on big-ticket issues, typically missing the mark by 15 percentage points. What is more, the mistakes legislators make tend to fall in one direction, giving U.S. politics a rightward tilt compared to what most voters say they want."

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