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February 2016

January 2016

Live from Evans Hall : Is it wrong that I feel strongly driven to sign up immediately for every social network and texting app that crosses my desk in order to snarf up the "delong" ID?


Econ 210a: February 10, 2016: Unfree Labor and Its Consequences: DRAFT

Are these the right five papers for first-year Ph.D. students in Economics to read for their week spent thinking about unfree labor--slavery, serfdom, debt peonage, etc.? If not these, what are the right papers?

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Today's Economic History: Walter Rathenau

Richard J. Evans (2012): Reviewing ‘Walther Rathenau’ by Shulamit Volkov: "On the morning of 24 June 1922, Walther Rathenau, the German foreign minister, set off for work from his villa in the Berlin suburb of Grunewald....

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Today's Economic History: The Pace of Innovation in the Eighteenth Century--and Political Uproar

Jefferson to Adams 11 January 1816:

I agree with you… on the 18th century. It certainly witnessed the sciences and arts, manners and morals, advanced to a higher degree than the world had ever before seen.…

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Monday Smackdown: What Should We Believe: Marco Rubio or Math?: More David-Brooks-Is-in-on-the-Con Blogging from Jonathan Chait

Jonathan Chait: What Should We Believe: Marco Rubio or Math?: "Many of us have noted that Marco Rubio has carried out an eerie reprise of George W. Bush’s 2000 strategy...

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Things to Read for Your Nighttime Procrastination on January 11, 2016

NewImage

Over at Equitable Growth--The Equitablog:

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Econ 210a: March 2, 2016: Extractive and Developmental Institutions--DRAFT

Are these the right papers for first-year Ph.D. students in Economics to read for their week spent thinking about extractive and developmental institutions? If not these, what are the right papers?

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Must-Read: I agree with Antonio Fatas here. The BIS is using model-building 0% as a discovery mechanism and 100% to advance reasons for policy conclusions that have been set in stone in advance. The problem is that the various BIS models do not appear to codify any form of knowledge--for as their predictions are proved false by time the responses not to adjust the framework to reality but to put forward to a new framework. The latest such:

Antonio Fatas: BIS Redefines Inflation (Again): "An interview with Hyun Song Shin...

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Links for the Week of January 10, 2016

Latest Must-Reads:

Latest Links:

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Liveblogging History: January 10, 1946: First Meeting of the United Nations

History.com: First Meeting of the United Nations:

The first General Assembly of the United Nations, comprising 51 nations, convenes at Westminster Central Hall in London, England. One week later, the U.N. Security Council met for the first time and established its rules of procedure. Then, on January 24, the General Assembly adopted its first resolution, a measure calling for the peaceful uses of atomic energy and the elimination of atomic and other weapons of mass destruction.

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Econ 210a: February 17, 2016: Accounting for and Driving Economic Growth--DRAFT

Are these the right papers for first-year Ph.D. students in Economics to read for their week spent thinking about accounting for economic growth? If not these, what are the right papers?

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A University Is Supposed to Be a Safe Space for Ideas...

I read:

Victoria Bernal, Karen Brodkin, Marisol de la Cadena, Donald Donham, Christine Gailey, David Goldberg, Akhil Gupta, Sandra Hale, Christine Hastorf, Suad Joseph, Saba Mahmoud Purina Mankekar, Stefania Gandolfo, Thomas Patterson, Lisa Rofel, Danilyn Rutherford, Nancy Scheper-Hughes, and Anna Tsing: On boycotts of Israeli academic institutions: a reply: "As anthropologists based in the University of California system...

...we object to Professor Robert Birgeneau’s and Professor George Breslauer’s attempt to interfere in the American Anthropological Association’s ongoing deliberation over the boycott of Israeli academic institutions.... We find it unacceptable that a former chancellor (Birgeneau) and former executive vice chancellor and provost (Breslauer) would lend their voices to the organized intimidation of critics of Israeli state policy, and we particularly worry about the effect of such intimidation on our junior and more vulnerable colleagues...

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Weekend Reading: Nate Silver: Three Theories Of Donald Trump’s Rise

Nate Silver: Three Theories Of Donald Trump’s Rise:

‘HOW TRUMP WON’ blares the headline on this week’s Time magazine cover in 80-point Duplicate Ionic. ‘Now he just needs the votes,’ whispers the small subheadline underneath. Oh, just that little detail? Trump actually needs people to vote for him?

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Liveblogging History: January 8, 1946: Elvis Presley

History.com: Elvis Presley receives his first guitar:

In competing versions of the story, what Elvis Presley really wanted for his birthday was a rifle or a bicycle—both fairly typical choices for a boy his age growing up on the outskirts of Tupelo, Mississippi. Instead, Elvis’s highly protective mother, Gladys—’She never let me out of her sight,’ Elvis would later say—took him to the Tupelo Hardware Store and bought a gift that would change the course of history: a $6.95 guitar. It was January 8, 1946, and Elvis Aaron Presley was 11 years old.


Liveblogging History: January 7, 1946: Eleanor Roosevelt

Eleanor Roosevelt: My Day:

LONDON—Yesterday, being Sunday, as many people as could leave London, left it for the weekend, so it seemed a very quiet place, indeed, as we emerged from the hotel after a morning of work to find a place for lunch. The American Embassy canteen was closed, so we went to the Allies Club. This is the club where they have held discussion groups from time to time, I understand, and there is a nice quiet dining room that looks out on one of those little grassy squares surrounded by similar houses which one finds so unexpectedly in London.

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The Archives: January 6-9, 2015

Pick of the Litter:

For the Weekend...:

More Picks of the Litter:

  1. What Market Failures Underlie Our Fears of "Secular Stagnation"?
  2. Sleights of Mind: Highly Recommended
  3. Today's Essay at Trying to Understand Current FedThink: Daily Focus
  4. The U.S. Economy: Overview and Prospect: Notes for Orinda, CA, Rotary Club Talk
  5. Yes, the Past Four Years Are Powerful Evidence for the Keynesian View of What Happens at the Zero Lower Bound. Why Do You Ask?

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Live from Calgary: Ted Cruz: "I am too eligible to be president! My mother is a liar! She lied when she claimed to the enumerators to be a Canadian citizen!"

Catherine Thompson: Ted Cruz's Mother Was On Official List Of Canadian Citizens Eligible To Vote: "TPM shared an electronic copy of the document with Sen. Cruz's office when it originally obtained the document in 2013...

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Over at Huffington World Post: Future Economists Will Probably Call This Decade the 'Longest Depression'

Over at Huffington World Post: Future Economists Will Probably Call This Decade the 'Longest Depression': Posted: 01/08/2016 9:28 am EST Updated: 49 minutes ago: Economist Joe Stiglitz warned back in 2010 that the world risked sliding into a 'Great Malaise.' This week, he followed up on that grim prediction, saying, 'We didn't do what was needed, and we have ended up precisely where I feared we would.' READ MOAR


Live from Topeka: "Well it'd certainly make chartered accountancy a much more interesting job": http://www.lawyersgunsmoneyblog.com/2016/01/chartered-accountancy Shakezula: "Courtesy of the Kansas City Star, from House Bill No. 2059:

For purposes of subdivision (2) of this subsection, the term ‘gift’ shall include sexual relations between a registered lobbyist and a member of the general assembly or his or her staff. Relations between married persons or between persons who entered into a relationship prior to the registration of the lobbyist, the election of the member to the general assembly, or the employment of the staff person shall not be reportable under this subdivision. The reporting of sexual relations for purposes of this subdivision shall not require a dollar valuation.


Live from Zachary's-Oakland: Keynes Pizza Dinner at Zachary's-Oakland: Inflation is under 5%. The United States has not turned into "Greece". The United States has not turned into "Argentina". Orthodox monetarism and the fiscal theory of the price level both fell before the mighty power of the IS-LM liquidity-trap model. And so Noah Smith owes me a pizza...

Keynes Pizza Dinner at Zachary s Oakland with images tweets delong Storify

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Comparative Advantage, Specialization, and Growth in France: 1836-1938

Stéphane Becuwe, Bertrand Blancheton, and Christopher M. Meissner: Stages of Diversification: France, 1836-1938: "A large literature has documented an association between economic growth and export diversification...

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