Procrastinating on November 11, 2016
Over at Equitable Growth: Must-Reads:
- John Perr: Inflation-Adjusted Federal Spending Has Fallen Under President Obama: "It is an article of conservative faith that federal spending under President Obama is 'out of control'...
- Nathanael Johnson: What the New York Times missed with its big GMO story: "A big piece [by Danny Hakim] that made the front page of the New York Times... takes aim at...
- James Kwak: The Last Chapter Problem: "Bernstein, to his credit, gets the description of the problem out of the way in the first two chapters...
- Matthew Kahn: Did California Zoning Cause the Trump Win? A Counter-Factual of My State's Electoral Count if Housing Supply is Elastic: "If California had Texas style housing regulations, then 80 million people would live in California and the state would have 100 electoral votes...
- Jie Sun et al. (2011): A Mathematical Model for the Dynamics and Synchronization of Cows: "We formulate a mathematical model for daily activities of a cow (eating, lying down, and standing) in terms of a piecewise affine dynamical system...
- Ezra Klein: Donald Trump’s Success Reveals a Frightening Weakness in American Democracy: "The belief that Trump is a predictable reaction to acute economic duress crumbled before the finding that his primary voters had a median household income of $72,000 — well above both the national average and that of Clinton supporters...
- Philip Stephens: America Can Survive Trump. Not so the West: "History can veer off course... in 1914... the first age of globalisation was consumed in the flames of the Great War... [in] the 1930s when economic hardship, protectionism and nationalism nurtured the rise of fascism...
- Ben Steverman: Advice for the Next President: Expand Social Security: "Is expanding Social Security the right thing to do? Is it even possible? Yes and yes, Jesse Rothstein argues...
- Fritz Minsky: @FritzMinsky: "Prescient analysis by @AdamPosen - 'A Better Global Policy Mix by Accident?'" https://t.co/nKCxEp9iIK
- Noah Smith: Japan Shuts Down Its Monetary Lab: "People know that the central bank can break its promises at any time...
Should Reads:
- Chris Blattman: Academic job market advice for economics, political science, public policy, and other professional schools
- Thomas J. Leeper: It's Different Over Here, and Here, and Here...
- Gavyn Davies: New Fiscal Theory
- Jeffrey Butler, Paola Giuliano, Luigi Guiso: Why We Get Whom to Trust Wrong
- Matthew Yglesias: The real Clinton email scandal is that a bullshit story has dominated the campaign
- Fernanda Nechio and Glenn D. Rudebusch: Has the Fed Fallen behind the Curve This Year?
- Matthew Yglesias: Donald Trump’s administration is going to be a bonanza for bankers: Populist rhetoric masks a bonanza of deregulation and tax cuts
- David Cay Johnston: Why Voters Elected President Donald J. Trump—and Why They’ll Regret It: Nearly 50 years of income stagnation explain why Americans went with a commander in chief obsessed with revenge.
- Duncan Weldom: Political Economy and Trump’s Trilemmas
- Nick Bunker: New research on market power and productivity
- Carola Binder: Political Pressures on the Fed and the Trump Presidency
- Andy Haldane: The Dappled World
- Martin Wolf: The Economic Consequences of Mr Trump
- Mary E. Burfisher, Sherman Robinson and Karen Thierfelder (2001): The Impact of NAFTA on the United States
- The Origins And DemiseOf The Public Option (2010):
And Over Here:
- Must-Read: Noah Smith: Japan Shuts Down Its Monetary Lab: "People know that the central bank can break its promises at any time...
- Concrete Economics: Presentation Slides (Short Present-Focused Talk)
- Must-Read: The lowest-hanging fruit in terms of improving the conditions of life of the working class was... ObamaCare: the system that Mitt Romney had set up in Massachusetts generalized to the nation as a whole. But the next lowest-hanging fruit is Social Security expansion, as Jesse Rothstein points out: Ben Steverman: Advice for the Next President: Expand Social Security: "Is expanding Social Security the right thing to do? Is it even possible? Yes and yes, Jesse Rothstein argues...
- The problem is that it's not the "most febrile" elements of the Republican Party that joined Trump. It's the whole damned thing... (Live from the Republicans' Self-Made Trump Hell): Jelani Cobb: [Donald Trump and the Death of American Exceptionalism][]
- [Julie Lythcott-Haims: My Conversation with Peter Thiel about Apartheid… And its Unfolding Aftermath][]: "'Gotta say I wasn’t surprised when tech billionaire Peter Thiel endorsed Trump... (Live from the Republicans' Self-Made Trump Hell)
- Comment of the Day: Kurt: Electoral College Fail Number Six...: "I think you are missing the actual story here...
- Electoral College Fail Number Six...
- Must-Read: Fritz Minsky: @FritzMinsky: "Prescient analysis by @AdamPosen - 'A Better Global Policy Mix by Accident?'" https://t.co/nKCxEp9iIK
- Jeff Jarvis: A Postmortem for Journalism: "Journalism lost sight of its simple, vital reason to exist: to inform the public... (Live from the Journamalists' Self-Made Hell)
- Must-Read: Philip Stephens: America Can Survive Trump. Not so the West: "History can veer off course
- Must-Read: Bret Stephens: 2016’s Big Reveal: "The awful election of 2016... was the Big Reveal... the guiding spirit of the modern conservative movement is neither Burke nor Lincoln...
- Ezra Klein: Donald Trump’s Success Reveals a Frightening Weakness in American Democracy
- Must-Read: Jie Sun et al. (2011): A Mathematical Model for the Dynamics and Synchronization of Cows: "We formulate a mathematical model for daily activities of a cow (eating, lying down, and standing) in terms of a piecewise affine dynamical system...
- Matthew Kahn: Did California Zoning Cause the Trump Win?: A Counter-Factual of My State's Electoral Count if Housing Supply is Elastic
- James Kwak: The Last Chapter Problem: "Bernstein, to his credit, gets the description of the problem out of the way in the first two chapters...
- Must-Read: Nathanael Johnson: What the New York Times missed with its big GMO story: "A big piece [by Danny Hakim] that made the front page of the New York Times... takes aim at...
- Must-Read: Federal spending needs to rise significantly if the government is to accomplish its missions: John Perr: Inflation-Adjusted Federal Spending Has Fallen Under President Obama: "It is an article of conservative faith that federal spending under President Obama is 'out of control'...
- Josh Barro: Final Thoughts on 2016: "The core question of the 2016 election is stupidly simple...
- Gideon Rachman: Is Donald Trump a Fascist?: "Labeling a politician a fascist is not usually helpful...
- Must-Read: The problem is not so much that trolls are crippling Twitter--that is true--but that Twitter turns people who could be normal into trolls: Noah Smith: Trolls Are Crippling Twitter: "he biggest problem is inherent to the technology itself...
Perhaps Worth Reading...