Grasping Reality by Brad DeLong

Over at Equitable Growth--The Equitablog:

• Nick Bunker: A non-exclusive list of interesting graphs from 2015
• The Federal Reserve's 2 percent inflation target was a mistake - Equitable Growth* Jefferson Cowie and Nick Salvatore: The Long Exception: Rethinking the Place of the New Deal in American History: "While liberals of the 70s and 80s waited for a return to... the New Deal order, they were actually living in the final days of... the 'interregnum between Gilded Ages'..." :: From "The Defining Moment" to "The Long Exception"...
• Bloomberg View: Congress Should Care About the IMF
• Matthew Yglesias: Seattle Shows San Francisco and New York How to Fix the Housing Crisis: "A high level of construction ensures that the homeland of Microsoft and Amazon remains substantially cheaper than the Bay Area homeland of Apple and Google."