Links for the Week of September 11, 2016
Most-Recent Must-Reads:
- Wealth Inequality and Monetary Policy: Explor[ing] the recent evolution of household wealth inequality in advanced economies by looking at valuation effects on household assets and liabilities.... :
- The Education of David Stockman: As budget director, [Stockman] intended to proceed against many of the programs... (1981):
- Mark Thoma: Diverting Attention From the Real Issues: Immigration is not the problem.... Immigrants do not lower the employment prospects for natives...
- Paul Krugman: Tobin Was Right: Tobin’s 1972 presidential address to the American Economic Association...
Most-Recent Links:
- Noah Smith: Is Firefly Overrated?
- Economist: More Spend, Less Thrift: German budget surpluses are bad for the global economy
- Spencer Ackerman: Inside the fight to reveal the CIA's torture secrets: The first part of the inside story of the Senate investigation into torture, the crisis with the CIA it spurred and the man whose life would never be the same
- IQ Books
- Left of Center: Joy Reid and Kurt Eichenwald Flatten Lying Trump Surrogate David Malpass
- Eliot Peper: The Technological Trends That Will Shape the Next 30 Years: An interview with Kevin Kelly, Senior Maverick at Wired Magazine and author of The Inevitable.
- Gender Matters
- Julian Kozlowski et al.: The origin of secular stagnation
MOAR Must-Reads:
- Claudia Sahm: Telling Macro Stories with Micro: Economists are avid storytellers...
- Paul Krugman: Thinking About Brexit, Fast and Slow: “The City’s smartest people are being forced to admit they were wrong about a ‘Brecession'”...
- Charlie Warzel: "A Honeypot For Assholes": Inside Twitter’s 10-Year Failure To Stop Harassment: For nearly its entire existence, Twitter has not just tolerated abuse and hate speech, it’s virtually been optimized to accommodate it...
- Lawrence Summers: The Fed’s Complacency About Its Current Toolbox Is Unwarranted: I was disappointed in what came out of Jackson Hole for three reasons...
- Tim Duy: Is Pushing Unemployment Lower A Risky Strategy?: Fed hawks are pushing for a rate hike sooner than later in an effort to prevent the economy from "overhearing"...
- Heidi Shierholz: The Myth of Job Polarization: In the first few years of the recovery, growth was very strong in very low-wage jobs that pay $10 per hour or less. This is typical...
- Brad Setser: What To Do When Countries With Fiscal Space Won’t Use It?: Fiscal policy alone doesn’t determine the current account....
- Jeffrey Frankel: Column by Trump Adviser is Not Economically Literate: It is hard to judge the Republican candidate’s positions from his own words....
- Claudia Sahm: Telling Macro Stories with Micro: Economists are avid storytellers...
- Kaila Colbin: The Real Reason This Elephant Chart Is Terrifying: A shock-and-awe wake-up call about the nature of exponentially accelerating technology...
- Milton Friedman (1976): Inflation and Unemployment: A major factor in some countries and a contributing factor in others may be that they are in a transitional period...
MOAR Links:
- Carola Binder and Alex Rodriguez: Monetary Rules and Targets: Finding the Best Path to Full Employment
- Evelyn Lamb: Review: Weapons of Math Destruction: In an important new book, Cathy O'Neil warns us that algorithms can and do perpetuate inequality...
- Sid Verma: The Fed Poses a Big Risk to the Emerging Market Inflow Party
- Restaurant Chu
- Pucquio
- Joel Mokyr: A Culture of Growth: The Origins of the Modern Economy
- Barry Ritholtz: MiB: Bill McBride, Calculated Risk & the Case for Facts
- Pedro Da Costa: The Stimulus Our Economy Needs: The U.S. economy needs cash to fund job creation and raise stagnant wages. Calling it "helicopter money" is just counterproductive.
- Andy Berg: Robots, Growth & Inequality
- Stephen D. Oliner and Daniel E. Sichel (2000): The Resurgence of Growth in the Late 1990s: Is Information Technology the Story?
- Matt O'Brien: This conspiracy theory explains how Trump was able to take over the GOP
- Fiona Cameron Maclachlan: The Ricardo-Malthus Debate on Underconsumption: A Case Study in Economic Conversation
- David Hill: AI Teaching Assistant Helped Students Online—and No One Knew the Difference
- Ethan Zuckerman, Alexis Hope, Emilie Reiser: Technology and Social Change
- Whittaker Chambers and Ralph De Toledano: Notes from the Underground: The Whittaker Chambers--Ralph De Toledano Letters, 1949-1960
- Scott Lemieux: Did Democrats Unfairly "Demonize" Republicans Like John McCain and Mitt Romney? (SPOILER: No.)
- Whittaker Chambers (1960): Ghosts on the Roof: Selected Essays
- Kevin Drum: 14 Excerpts From the FBI's Report on Hillary Clinton's Email: This report is pretty much an almost complete exoneration of Hillary Clinton...
- Holman Jenkins: Jack Bogle: The Undisputed Champion of the Long Run: Vanguard’s founder on 40 years of indexing success and how to invest in today’s ‘extremely risky world.’
- Emmanuel Ocbazghi and Josh Barro: [Paul Krugman: There is an argument for doubling the Fed’s inflation target][]
- John W. Trimmer (1993): How to Avoid Huge Ships
- Japanese to English: Imperial Rescript to Soldiers and Sailors quote: "義は山嶽より重く死は鴻毛より軽しと心得よ" :: "Duty is heavier than a mountain; death is lighter than a feather"