Procrastinating on November 13, 2016
Over at Equitable Growth: Must-Reads:
- Robin Wigglesworth: Buy The Dip: The Death of Active Asset Management?: "The WSJ has run an annoyingly good series on the whole active versus passive asset management theme...
- Kevin Drum: We Are All Keynesians Now: "Investors are giddy at the possibility of Republicans finally embracing crude Keynesian stimulus...
- Frederic Bastiat: As a Modern Liberal: "[O]ften, nearly always if you will, the government official [receives his salary and] renders an equivalent service to Jacques Bonhomme...
- Jason Kuznicki: Becoming a Democrat: "I am registering as a Democrat. Mom, dad, I’m sorry...
- Four from the Fiscal Expansion File: Summers, Krugman, Yellen, and Romer and Romer
- Douglas Elmendorf and Louise Sheiner: Federal Budget Policy with an Aging Population and Persistently Low Interest Rates: "Debt is rising in part because of a major demographic shift as the baby boom generation retires...
- David Cashin, Jamie Lenney, Byron Lutz and William Peterman: Fiscal Policy Changes and Aggregate Demand in the U.S. Before, During and Following the Great Recession: "We examine the effect of federal and subnational fiscal policy changes on aggregate demand in the U.S...
Should Reads:
- Manu Saadia: Why this Frenchman plans to resist President Trump--by becoming a U.S. citizen
- (1974): Organizational Discussion Bulletin
- Debin Ma (2011): Rock, scissors, paper: the problem of incentives and information in traditional Chinese state and the origin of Great Divergence
- Patrick K. O'Brien and Francisco Comín, eds.2015): The Rise of Fiscal States: A Global History, 1500-1914 http://amzn.to/2eSxeA6
- (2011): Deficit Denialism: Frederic Bastiat Actually Favored Expansionary Fiscal Policy in Recessions Edition: As a general rule, when you actually read the classical economists in depth you find that their modern epigones are considerably crazier than they were...
And Over Here:
- Must-Read: David Cashin, Jamie Lenney, Byron Lutz and William Peterman: Fiscal Policy Changes and Aggregate Demand in the U.S. Before, During and Following the Great Recession
- Must-Read: Douglas Elmendorf and Louise Sheiner: Federal Budget Policy with an Aging Population and Persistently Low Interest Rates
- Four from the Fiscal Expansion File: Summers, Krugman, Yellen, and Romer and Romer
- Must-Read: Jason Kuznicki: Becoming a Democrat
- Must-Read: Frederic Bastiat: As a Modern Liberal: [O]ften, nearly always if you will, the government official [receives his salary and] renders an equivalent service to Jacques Bonhomme...
- Must-Read: Kevin Drum: We Are All Keynesians Now: "Investors are giddy at the possibility of Republicans finally embracing crude Keynesian stimulus...
- Must-Read: Robin Wigglesworth: Buy The Dip: The Death of Active Asset Management?: "The WSJ has run an annoyingly good series on the whole active versus passive asset management theme...
- Weekend Reading: Psuedoerasmus: State Capacity and the Sino-Japanese Divergence
- Weekend Reading: Hoisted from Fourteen Years Ago: The Execrable Michael Kelly
- Weekend Reading: Joachim Voth: Differences and Similarities: Trump and Hitler
- Must-Read: Francis Wilkinson: Race, Not Class, Dictates Republican Future: "The class compositions of the Republican and Democratic parties keep evolving...
- 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: 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...
- Jelani Cobb: Donald Trump and the Death of American Exceptionalism: "Trump; he didn’t join the Republican Party so much as its most febrile elements joined him...
- 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... 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...
- 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...
- Must-Read: 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...
- 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...
- Must-Read: 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...
- Must-Read: 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: 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'...
- Must-Read: Josh Barro: Final Thoughts on 2016: "The core question of the 2016 election is stupidly simple...
- Must-Read: Gideon Rachman: Is Donald Trump a Fascist?: "Labeling a politician a fascist is not usually helpful...
- Must-Read: Noah Smith: Trolls Are Crippling Twitter: "he biggest problem is inherent to the technology itself...
Perhaps Worth Reading...
