Grasping Reality on TypePad, by Brad DeLong

Must- and Should-Reads:

• Elizabeth Stoker Bruenig: Lost Opportunity
• Must-Read: John Cassidy: Jeb Bush and the Return of Voodoo Economics
• Must-Read: Robert F. Stambaugh and Yu Yuan: Mispricing Factors
• Must-Read: Elise Gould and Tanyell Cooke: By the Numbers: Income and Poverty, 2014
• Lawrence Mishel and Alyssa Davis: Income Stagnation in 2014 Shows the Economy Is Not Working for Most Families
• Bruce Bartlett: Half Measures: David Madland... at... CAP.... The scale of the problems confronting the middle class is so great that such small-bore initiatives are unlikely to accomplish much.... Higher revenues are... necessary... to redress rising income inequality and... provide the resources for a meaningful package...
• Ta-Nehisi Coates: 50 Years After the Moynihan Report: Examining the Black Family in the Age of Mass Incarceration
• Jon Chait: How Jeb Bush’s Tax Cuts Suckered the Media
• Jonathan Portes: The UK's Digital Economy
• Steve Randy Waldman: Perspectives on a Universal Basic Income

Over at Equitable Growth--The Equitablog

• Nick Bunker: What would a rate hike by the Federal Reserve mean?
• Elisabeth Jacobs: Putting the new U.S. Census data on income and poverty in context
• Nick Bunker: Why U.S. tax credits and tax deductions for higher education don’t work
• Ben Zipperer: Keep an eye on changes to U.S. corporate income tax proposals
• The Economist Gets It Wrong on Disability Insurance: Hoisted from the Archives from Two Years Ago

Plus:

• Daniel Davies: "It's not so much "marking your views to market". It's "closing all your positions because they're so far out that you're being ripped apart by margin calls"...
• Nathan Pippenger: America’s Gun Problem and the Reassertion of Christian Leftism: Dan Hodges: "In retrospect Sandy Hook marked the end of the US gun control debate. Once America decided killing children was bearable, it was over..."
• Ian Millhiser: Keep Fearing the Supreme Court: The real story of the Court’s recent term is... conservative overreach.... It’s unlikely that liberals will celebrate the 2015-16 term... poised to... kill affirmative action and throw public-sector unions into financial turmoil...