Links for the Week of January 22, 2016
Must-Reads:
- Are We Consuming Too Much?: "We consider two criteria for the possible excessiveness (or insufficiency) of current consumption... (2004):
- Luigi Zingales: Donald Trump’s Economic Policies: Pro-Business, Not Pro-Market: "Trump is eliminating lobbyists by putting them in charge of all departments...
- Gillian Tett: Obama and the Audacity of Hindsight: "It is tempting to point out all the things that Obama could or should have done better...
- Paul Krugman: Infrastructure Delusions: "There will be no significant public investment program...
- Guido Alfani: Europe’s Rich since 1300: "Throughout this time, the only significant declines in inequality were the result of the Black Death and the World Wars...
- Nicholas Bagley: Patching Obamacare at the State Level: "If Congress zeroes out the individual mandate—and my hunch is that it will—it’s game over for the exchanges...
Most-Recent Should-Reads:
- Xavier Jaravel: The Unequal Gains from Product Innovations: Evidence from the US Retail Sector: "From 2004 to 2013 higher-income households systematically experienced a larger increase in product variety and a lower inflation rate for continuing products...
- Larry Summers: Disillusioned in Davos: "I am disturbed by (i) the spectacle of financiers who three months ago were telling anyone who would listen that they would never do business with a Trump company...
- Charles Stross: Why Scifi Matters More When the Future Looks So Dangerous: "Near-future scifi is not a predictive medium: it doesn’t directly reflect reality so much as it presents us with a funhouse mirror view of the world around us...
Most-Recent Links:
- Ryan Cooper: This is how American health care kills people
- J. William Ward (1962): Andrew Jackson: Symbol for an Age 0195006992 http://amzn.to/2jAbLvi
- Kent Flannery and Joyce Marcus (2012): The Creation of Inequality: How Our Prehistoric Ancestors Set the Stage for Monarchy, Slavery, and Empire (Cambridge: Harvard University Press: 0674416772) http://amzn.to/2js3VHw
- Mariana Mazzucato (2013): Government: Investor, Risk-Taker, Innovator
MOAR Should-Reads:
- Global Income Distribution: From the Fall of the Berlin Wall to the Great Recession (2013):
- Ken Rogoff: Big Danger at the Lower Bound: "Given that the Fed may struggle just to get its base interest rate up to 2% over the coming year, there will be very little room to cut if a recession hits...
- Jared Bernstein: More from the 2017 ERP: "Emily Horton... and Emma Sifre.... I asked them to choose a figure from the new 2017 ERP....
- JEC: The Next New Macro: "The seeds of disaster... lay...
- João Amador and Sónia Cabral: Networks of Value-Added Trade: "Global Value Chains have become the paradigm...
- Equitable Growth: Third Annual Class of Grantees
- Duncan Black: Conservative Health Care Plan: "Liberal Trump fanfic scenarios aside...
- Kevin Drum: Why Do Republicans Hate Obamacare?: "Why the continued rabid opposition to Obamacare?...
- Nick Rowe: AD/AS: A Suggested Interpretation: "Many macroeconomists don't like the Aggregate Demand/Aggregate Supply framework.... So I am going to explain it...
- N. Gregory Mankiw and Lawrence H. Summers (1984): Are Tax Cuts Really Expansionary?: "If consumer spending generates more money demand than other components of GNP...
MOAR Links:
- Marshall Steinbaum and Bernard Weisberger: When Economics Was Radical
- JEC: The Microfoundations Hoax: "When I call 'microfoundations' a hoax, I'm not kidding around. The only question is, what proportion of macroeconomists have perpetrated this hoax upon themselves, and what proportion has known this all along..."
- Ben Thomas: When Roman “Barbarians” Met the Asian Enlightenment
- Jeff Larrimore, Jacob Mortenson, and David Splinter: Household Incomes in Tax Data: Using Addresses to Move from Tax Unit to Household Income Distributions
- Adam Tooze: USA: Goodbye to the American Century: The rise and fall of US hegemony. Or Donald Trump and the sunset of American hegemony
- Reuven S. Avi-Yonah and Kimberly A. Clausing: Problems with Destination-Based Corporate Taxes and the Ryan Blueprint
- Dominick Bartelme and Yuriy Gorodnichenko: Linkages and economic development:
- Guido Alfani
- Marcia Angell: Medicare for All should replace Obamacare
- Paul Krugman: Secular Stagnation Arithmetic
- Facundo Alvaredo and Thomas Piketty (2015): Measuring Top Incomes and Inequality in the Middle East
- Frederick Studemann: Vienna’s fate is a cautionary tale for post-Brexit London
- Brink Lindsey: Liberals and libertarians should unite to block Trump’s extremism
- House of Wisdom
- Francis Wilkinson: Trump Attack on John Lewis Fits Ugly Pattern
- William Watts: Trump is waving adios to the longstanding ‘strong dollar policy’
- Duncan Black: Troll The World
- Ben Thompson: The Great Unbundling
- Gideon Rachman: Atlantic era under threat with Donald Trump in White House