Brad DeLong's Grasping Reality

Interesting Reads:

• Steve Randy Waldman: You tell me it’s the institution
• Matthew Klein (2015): Greenspan’s bogus “conundrum”
• Cardiff Garcia: Donald Trump: Peronist? A chat with Sebastian Edwards on populist economics
• Michael D. Giandrea and Shawn A. Sprague: Estimating the U.S. labor share
• John van Reenen et al.: Concentrating on the Fall of the Labor Share: NBER Working Paper No. 23108
• Matthew Yglesias: The Republican health plan is a huge betrayal of Trump’s campaign promises
• David Warsh: A Short Trip Down Memory Lane: "The individual health insurance mandate was a Republican plan: How did a Republican program introduced on the eve of the George H.W. Bush administration wind up in the crosshairs of the Republican Congress under House Speaker Paul Ryan (R-Wis.) twenty-five years later?... It was in 1989 that economist Stuart Butler proposed an individual mandate in a Heritage Foundation monograph, A National Health System for America, practically on the eve of Bush’s inauguration...

And Over Here:

• Clearing the Way: How Can Government Promote Shared Prosperity?
• Live from a university that seems to need some very different IT managers
• Live from the Republicans' Self-Made Gehenna: Kevin Drum: Emperor's Clothes Blogging: "I've been trying to figure out how to respond to the Republican health care plan...
• Live from the Orange-Haired Baboon Cage: Kevin Drum: Kansas Governor Sam Brownback Appears Desperate to Get Out of Dodge: "'Brownback is in talks with President Donald Trump’s administration about... an ambassadorship...
• Live from the Republicans' Self-Made Gehenna: Steve M.: Why Did Republicans Write a Terrible Health Care Bill? Liberal Fascism!: "Commentary's Noah Rothman argues that the bill is terrible because, in this authoritarian culture, conservatives are silenced...
• Links for the Week of March 12, 2017
• Must-Read: Kevin Drum: Trump OMB Director Claims Obama "Manipulated" the Unemployment Figures: "Along comes OMB Director Mick Mulvaney...
• Should-Read: Ben Thompson: Breaking Down the Father on BBC Being Interrupted by His Children: "There seemed to be a special resonance to this clip of a father in South Korea...
• Should-Read: Aaron Carroll: The AHCA Doesn’t Make Sense: "I’m having a really hard time with this...
• Should-Read: Sarah Kliff: Tom Price is lying about the GOP health plan: "Health and Human Services Secretary Tom Price made a bold promise during a Sunday morning interview with Meet the Press...
• Should-Read: Paul Krugman: Smart Republicans?: "Sarah Kliff, in the new VoxCare newsletter, is puzzled by the apparent disagreement among Republicans about what CBO is likely to say...
• Should-Read: Rui Pedro Esteves and Coşkun Tunçer: Eurobonds Past and Present: "Debt mutualization in Europe... pre-1914 guaranteed bonds and current Eurobonds...
• Should-Read: Via David Mack: Paul Ryan: Repealing ObamaCare: "The whole idea of Obamacare is...
• Weekend Reading: Abraham Lincoln (1854): Kansas-Nebraska
• Reading: Richard Baldwin (2017):The Great Convergence: Information Technology and the New Globalization
• Reading: Margherita Bottero and Björn Wallace: Is There a Long-Term Effect of Africa's Slave Trades?: "Nunn (2008) found a negative relationship between past slave exports and economic performance within Africa...
• Talking Points: Noah Smith: Trump's Industrial Rebirth Is a Dead End: "President Donald Trump's economic adviser, Peter Navarro, has vowed to restore U.S. manufacturing supremacy...
• Talking Points: The Employment Situation Feb 2017: Nearly every indicator except the headline unemployment rate suggests an economy with no labor-side inflationary pressure and substantial headroom for cyclical growth...

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• Caneles de Bordeaux

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