Links for the Week of October 30, 2016
Most-Recent Must-Reads:
- Anton Howes: Is Innovation in Human Nature?: "Most theories... assume that innovation is in human nature...
- Economist: Hands Off the Bank of England: "Politicians who casually attack the central bank’s integrity are playing with fire..."
Most-Recent Links:
- U.C. Berkeley Opportunity Lab: "'How Presidents can Help Boost American Economic Mobility'... Enrico Moretti discusses how geography and education affect economic mobility...
- New Opportunity Lab to focus on policy for poverty, inequality
MOAR Must-Reads:
- Izabella Kaminska: The Robot Revolution May Be Exaggerated: "UBS is back... 34-page[s]... re-shoring and automation trend much touted by tech utopians as the silver lining to the [globalization] reversal may be exaggerated...
- Ricardo J. Caballero and Alp Simsek: A Model of Fickle Capital Flows and Retrenchment: Global Liquidity Creation and Reach for Safety and Yield: "Gross capital flows are very large and highly cyclical...
- Joe Weisenthal: @TheStalwart: "Per Goldman, the biggest contributors to the LFPR rebound were drops in the disabled and 'don't want a job' category."
- Carmen Reinhart: The Return of Dollar Shortages: "Seven decades later, despite the broad global trend toward more flexibility in exchange-rate policy and freer movement of capital across national borders, a “dollar shortage” has reemerged...
- Dennis K. Berman and Jamie Heller: Wall Street’s “Do-Nothing” Investing Revolution: "Picking stocks is at heart an arrogant act...
- Bruce A. Blonigen and Justin R. Pierce: Evidence for the Effects of Mergers on Market Power and Efficiency: "Study of the impact of mergers and acquisitions (M&As) on productivity and market power has been complicated...
- Simon Wren-Lewis: Paul Romer on Macroeconomics: "The microfoundations project, which was meant to make macro just another application of microeconomics, has left macroeconomics with very few friends among other economists....
- Doug Jones: The world at 1000 BCE: "The world population is about 50 million...
- Robert Waldmann: Benchmark II: "Benchmark[s] which I think are dangerous...
- David Brooks: The Conservative Intellectual Crisis: "I feel very lucky to have entered the conservative movement... in the 1980s and 1990s... National Review, The Washington Times, The Wall Street Journal’s editorial page...
- Simon Wren-Lewis: Being Honest about Ideology in Economics: "Noah Smith... says the fundamental problem with macroeconomics is lack of data....
- Bradley A. Hansen: The Rise and Fall of American Economic Growth: "Robert Gordon’s Rise and Fall of American Economic Growth... is an excellent... expansion of Lebergott’s Pursuing Happiness...
- Paul Krugman (2011): The Ricardian Equivalence Argument Against Stimulus: "There have been a lot of shockingly bad performances among macroeconomists in this crisis...
MOAR Links:
- Jeni Asaba: Debate over: IBM confirms that Macs are $535 less expensive than PCs
- Bethany Brookshire: Blame bad incentives for bad science
- Scott Lemieux: Today in the Party of Calhoun: "I can give you an example of the Chief Justice of the United States joined by four of his brethren using Dred Scott‘s theory of equal state sovereignty... to place an extratextual limitation on the powers explicitly granted to Congress by Section 2 of the 15th Amendment to address racial discrimination by states in their regulation of voting..."
- Charles Pierce: Kansas Solicitor General Cites Dred Scott v. Sanford in Appeal Before Kansas Supreme Court: "Wait. What was that again? 'See also Dred Scott v. Sandford, 60 U.S. 393, 407 (1856)…' Holy cow. The state of Kansas has a lawyer citing Dred Scott in support of its position. In defense of a law aimed at limiting a woman's right to choose. What in the fck is the matter with Kansas?..."
- Rebecca Ballhaus: Billionaires’ Spending on 2016 Election Reaches $88 Million: "Democrat Hillary Clinton has been the largest beneficiary of billionaires’ cash, with 19 of them donating a total of $70 million to her top allied super PAC, Priorities USA Action, according to the latest Federal Election Commission disclosure. Four billionaires have given $18 million to the set of super PACs backing Republican Donald Trump..."
- John Amato: Donald Trump: WSJ Is Part Of Rigged System Putting Out 'Dark Polls' Against Him
- Brad Setser: [The Return of the East Asian Savings Glut][]
- Jeff Stein: [October solved Hillary Clinton's millennial problem][]
- Nicole the Impaler: We Need to Get the Monkeys under Control
- Rand Paul: "The polls are put out, you know, to make it either look closer than it is or to make it look like Democrats have a better chance. And I think it's done by design to try to dampen turnout..."
- Kevin Drum: Long Haul Truck Drivers Are Scarily Close to Being Put Out of Business
- Kevin H. O'Rourke: It's the UK that Wants New Barriers...: "Oh dear. EU doesn't want tariffs with the UK: it's the UK that wants new barriers. UK choices may require tariffs under WTO rules..."
- Arthur Okun: Equality and Efficiency: The Big Tradeoff
- Shane M. Greenstein et al.: Ideological Segregation Among Online Collaborators: Evidence from Wikipedians
- Mark Thoma: The Election Matters for the Future of the Economy
