Joe Barsugli on ENSO and Climate Change: Noted
David Zilbermann: On life and cocoa in the Ivory Coast: Noted

Noted to Aid Your Morning Procrastination for September 28, 2013

  1. "Up through the 1970s, the percentage of non-elderly Americans with insurance from employers had risen steadily. But it stagnated after that and, after another two decades, started to fall—from a peak of 70.3 percent in 2000 to 63.7 percent in 2008 and then, thanks to the recession, 58.4 percent in 2012": Jon Cohn: Obamacare Exchanges Start Tuesday, Oct. 1. Here's Why They're Worth It
  2. "The Fed appears to want to shift away from asset purchases in favor of forward guidance and is looking for the right time to begin that process. Their modus operandi has been to see six months of good employment data, send up a warning flag that the end of policy accommodation is coming, and then back down when the data turns weaker in the next three months": Tim Duy: Economist's View: Fed Watch: Resetting Expectations
  3. "To me, these past five years have been a lesson on the overwhelming importance of serendipity": James Kwak: Five Years Later
  4. "If you were previously uninsured, then the most straightforward argument is that the plan you're getting, probably with subsidies to make it cheaper, is better than nothing. But some people, who might have had individually issued policies before Obamacare with larger networks, will not be happy with their new plans. They may be cheaper, but they may have preferred to pay more for choice, and now they won't be able to. No policy is perfect. On the whole, I believe far more people will benefit from Obamacare than will be hurt by it. Any change will inevitably make someone unhappy. This is one of those situations": Aaron Carroll: There are tradeoffs to Obamacare
  5. "Ari Fleischer briefly declared that Twitter must have special rules allowing Obama to use more than 140 characters. In fact, it turns out that Fleischer doesn’t know how to count--but think of the mindset that would even make him think of such a thing" Paul Krugman: 140 Character Assassination
  6. "Consider the 'social welfare function' embedded in this story. The claim is emphatically not that this system maximizes some measure of aggregate utility that could be decomposed to a sum of individual welfares. On the contrary, it celebrates as necessary large costs in individual welfare for the sake of impersonal characteristics of the aggregate: 'prosperity', or 'strength'. It is an entirely collectivist justification for policies that are deeply harmful at an individual level, if you take seriously at all the idea of diminishing marginal utility": Steve Randy Waldman: interfluidity » Ersatz individualism makes the American collective strong


Plus: Long:

Esther L. George: U.S. Monetary Policy: Risks of Delayed Action | Bill Chen: The Mathematics of Poker |

Plus: Short:

Angus Deaton: Weak States, Poor Countries | How do they knit a chain-link fence? | Scott Lemieux: Free Exercise Arguments Against the Contraceptive Mandate | Belle da Costa Greene :: Wikipedia | Diane Sweet:KY Gov. Beshear: Obamacare 'The Law Of The Land -- Get Over It!' |