Must-Read: Nick Bunker's Weekend Reading: “How Many Big Macs will That Minimum Wage Buy?”
- Weak U.S. productivity growth http://equitablegrowth.org/equitablog/did-the-great-recession-reduce-u-s-productivity-growth/
- Ryan Avent writes on economic sclerosis, inequality, and insufficient demand.
- We should be concerned about reducing the cost of a failing business http://equitablegrowth.org/equitablog/protecting-against-risk-can-help-boost-u-s-entrepreneurship/ well.
- The permanent income hypothesis has some flaws http://equitablegrowth.org/equitablog/permanent-income-hypothesis-anti-recessionary-stimulus/
- The minimum wage in international context http://equitablegrowth.org/research-analysis/the-employment-effects-of-a-much-higher-u-s-federal-minimum-wage-lessons-from-other-rich-countries/ http://equitablegrowth.org/equitablog/does-a-higher-u-s-minimum-wage-hurt-employment-a-look-abroad-for-answers/
- The Federal Reserve kept U.S. interest rates steady and is rethinking https://www.washingtonpost.com/news/wonk/wp/2016/07/27/why-the-federal-reserve-is-rethinking-everything/
- Neil Irwin gives some background on helicopter money http://www.nytimes.com/2016/07/29/upshot/helicopter-money-why-some-economists-are-talking-about-dropping-money-from-the-sky.html
- Mike Konczal on Hacker and Paulson's American Amnesia http://bostonreview.net/books-ideas/mike-konczal-yuval-levin-fractured-republic-jacob-hacker-paul-pierson-american-amnesia