Grasping Reality on TypePad, by Brad DeLong

Interesting Reads:

• Tim Dickinson: Jerry Brown's California Dream: "The governor has created a climate-resistant, economically supercharged state – is this the blueprint for a more progressive America?..."
• Zach Beauchamp: “Toxic on a day-to-day level”: how Trump is mismanaging the White House: "Rex Tillerson’s 'moron' comment exposes a rot at the heart of the Trump administration.... 'This administration is toxic and dysfunctional', says Paul Musgrave, a political scientist at the University of Massachusetts Amherst. 'The weak link is Trump himself'..." https://www.vox.com/world/2017/10/5/16401488/donald-trump-management-white-house
• Ezra Klein: 4 political scientists are tracking whether Trump is damaging American democracy: "So far, the story of Trump’s presidency is dysfunction, not authoritarianism..." https://www.vox.com/policy-and-politics/2017/10/5/16414338/trump-democracy-authoritarianism
• Paul Krugman: The Transfer Problem and Tax Incidence: "Openness... makes a lot less difference to tax incidence than people seem to think.... If you’re trying to assess the effects of tax policies over the next decade, a closed-economy analysis is probably closer to the truth than one that assumes instant equalization of returns across nations..." https://krugman.blogs.nytimes.com/2017/10/05/the-transfer-problem-and-tax-incidence-insanely-wonkish/?smid=tw-share&_r=0
• Jake VanderPlas: Frequentism and Bayesianism: A Practical Introduction http://jakevdp.github.io/blog/2014/03/11/frequentism-and-bayesianism-a-practical-intro/
• Ceci Rouse: Interviewed by Lisa Barrow
• Ramesh Ponnuru: Trump Needs a Nimble Fed Chair, Not a Hawk or a Dove: "Kevin Warsh is always looking for inflation. Can he do what it takes to fight a recession?..."

And Over Here:

• (Early) Monday John Cochrane "Arithmetic Is for Losers" Resmackdown
• Memories of the Eastern Front: War on the Rocks: THE MOTHERLAND CALLS: THE BATTLE OF STALINGRAD, 75 YEARS LATER: "In September, Stalin sent General Vasily Chuikov to take command of the embattled survivors of the 62nd Army..."
• Live from the Orange-Haired Baboon Cage: Duncan Black: THE BIGGER ISSUE: "Is over the past several decades..."
• Weekend Reading: Noah Smith, Also, Misses the Old John Cochrane, and Wonders Where He Went: Health-Care Blogging Edition
• For the Weekend: Stephen Vincent Benet: The Devil and Daniel Webster VI
• Weekend Viewing: Bradley A. Hansen: A Do It Yourself Video Course on Modern Economic Growth
• Should-Read: Bridget Ansel: WEEKEND READING: “OCCUPATIONAL SEGREGATION” EDITION: "Even as income inequality spiraled over the past fifty years, America’s child-poverty rate was cut in half..."
• Should-Read: Equitable Growth: EQUITABLE GROWTH’S JOBS DAY GRAPHS: SEPTEMBER 2017 REPORT EDITION: "The prime employment rate hit a new high for this expansion, rising to 78.9 percent in September..."
• Should-Read: Joan Williams: EQUITABLE GROWTH IN CONVERSATION: "Elites have what are called entrepreneurial networks—wide circles of acquaintances that are often national, or even global..."
• Should-Read: Annette Alstadsæter, Niels Johannesen, and Gabriel Zucman: Tax Havens: "The equivalent of 10% of [annual] world GDP is held in tax havens globally..."
• Should-Read: Randall Morck and Bernard Yeung: EAST ASIAN FINANCIAL AND ECONOMIC DEVELOPMENT: "Japan, an isolated, backward country in the 1860s, industrialized rapidly to become a major industrial power by the 1930s..."
• Should-Read: Paul Krugman: THE TRANSFER PROBLEM AND TAX INCIDENCE: "I’ve spent three decades pointing out the fallacy of the doctrine of immaculate transfer..."
• Should-Read: Olivier Blanchard and Lawrence H. Summers: RETHINKING MACROECONOMIC POLICY
• Should-Read: Peter Leyden: CALIFORNIA IS THE FUTURE: "Ground Zero: San Francisco..."
• Should-Read: In-Koo Cho and Kenneth Kasa: MODEL AVERAGING AND PERSISTENT DISAGREEMENT: "Two agents construct models of an endogenous price process..."
• Should-Read: Bob Margo: THE INTEGRATION OF ECONOMIC HISTORY INTO ECONOMICS: "Many have noticed this long-term integration of economic history into economics..."
• Should-Read: Peter Leyden et al.: FUTURE OF WORK: "I'm Pete Leydon, and I am the founder of Reinvent..."
• Should-Read: Highly recommended: Walter Jon Williams: QUILLIFER: "Sir Basil gaped at me, then laughed..."

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