Grasping Reality on TypePad, by Brad DeLong

MOAR Must-Reads:

• Max Ehrenfreund and Carolyn Y. Johnson: One of the Biggest Fears about Obamacare Never Happened
• Tod Kelly: Broken Elephants, Part I: Donald Trump and the Triumph of the Conservative Media Machine
• Douglas Staiger, James H. Stock, and Mark W. Watson (1997): The NAIRU, Unemployment and Monetary Policy
• Paul Krugman (2014): Why Weren’t Alarm Bells Ringing?
• Lorcan Roche Kelly: Today: "Chinese stocks close just 29 minutes after open...
• Martin Sandbu: Free Lunch: On Models and Making Policy
• Stan Fischer: Monetary Policy, Financial Stability, and the Zero Lower Bound II
• Stan Fischer: Monetary Policy, Financial Stability, and the Zero Lower Bound I: "Are We Moving Toward a World With a Permanently Lower Long-Run Equilibrium Real Interest Rate?..." :: Very disappointing to me that both nominal GDP targeting and price path level targeting appear to be completely off of Stan Fischer's radar
• Thomas Piketty: Capital, Predistribution and Redistribution
• Matthew Yglesias: 2015: The Year Congress Started Working Again

MOAR Links:

• George Akerlof, William Dickens, and George Perry (1996): The Macroeconomics of Low Inflation
• Michael Tomasky: Democracy Journal: Winter 2016 Issue: "New year, new issue and, most important, new website..."
• Andrew Berg, Andrea F Presbitero, and Luis-Felipe Zanna: Public Investment: Efficiency and Growth
• Brad DeLong (2015): Discussion of Matthew Rognlie: "Deciphering the Fall and Rise in the Net Capital Share"
• Ben Ho: The Conservative Case for Solar Subsidies
• David Dayen: A Bailout for Volkswagen? Congress Wants to Do Something Absolutely Crazy
• Jeet Heer: Republican Intellectuals Still Don’t Get Donald Trump
• Union Restaurant, Portland
• Eventide Oyster Co. Portland
• Chickpea Panisse with Roasted Garlic Aioli
• Wikipedia: Spiral Fracture son the Humerus
• Lianne Stokes and Jenny Lawson: The Rumpus Interview
• Fareed Zakaria: [America’s Self-Destructive Whites(https://www.washingtonpost.com/opinions/americas-self-destructive-whites/2015/12/31/5017f958-afdc-11e5-9ab0-884d1cc4b33e_story.html)

• Ben Spielberg: Good Policy Is the Goal. Compromise Should Not Be

• New York Times Editorial Board: Social Security in an Election Year

• Martin Longman**: There Are No Better Alternatives to Donald Trump
• Norm Ornstein: The Eight Causes of Trumpism
• Tim Duy: A Look Ahead Into 2016
• Kaushik Basu: The World Economy’s Labor Pains
• Emily Crockett: Giving birth is as hard on your body as running a marathon
• Joel Mokyr (2010): The Contribution of Economic History to the Study of Innovation and Technical Change, in Bronwyn Hall and Nate Rosenberg (2010), The Handbook of the Economics of Innovation (Amsterdam: Elsevier), pp. 11-50.
• Scott McLemee: Counter-Statement
• Scott McLemee: Quick Study