2015-04-29



Robert E. Hall: Macroeconomics of Persistent Slumps http://web.stanford.edu/~rehall/HBC042315.pdf

Tim Worstall: We Really, Seriously, Don't Want Currency Manipulation Provisions In Trade Deals http://www.forbes.com/sites/timworstall/2015/04/25/we-really-seriously-dont-want-currency-manipulation-provisions-in-trade-deals/

Dan Drezner: This Wasn’t the PhD Advice You Were Looking for http://www.washingtonpost.com/posteverything/wp/2015/04/24/this-wasnt-the-phd-advice-you-were-looking-for

Philip Sandifer: Guided by the Beauty of Their Weapons: An Analysis of Theodore Beale and his Supporters http://www.philipsandifer.com/2015/04/guided-by-beauty-of-their-weapons.html

Stuart Vyse: An Introvert’s Guide to Greeting Strangers, Vague Acquaintances, and Friends https://medium.com/human-parts/an-introvert-s-guide-to-greeting-strangers-vague-acquaintances-and-friends-dbbccd3a00f5?sectionName=suggested

The Politics of Financial Insecurity: A Democratic Tilt, Undercut by Low Participation http://www.people-press.org/2015/01/08/the-politics-of-financial-insecurity-a-democratic-tilt-undercut-by-low-participation/

Cullen Roche: "It only took 15 years, but the Nasdaq has finally set a new record high.... So, what can we learn from this grueling 15 year round trip? 1) Diversification Works.... 2)  Price Compression Creates Tail Risk.... 3) Stop Chasing the Next Hot Thing in the Pursuit of Maximizing Returns..." http://www.pragcap.com/3-valuable-lessons-from-the-nasdaq-bubble?utm_source=dlvr.it&utm_medium=twitter

Scott Lemieux: "Kansas is in the midst of a grim experiment putting crackpot supply-side economic theories into practice... [with] devastating results for poor people... [and a] government more intrusive into the private lives of the state's citizens.... Since the election of Brownback, Kansas has gone full Tea Party. Kansas Republicans have enacted massive upper-class tax cuts, with the idea that they would produce such an explosion of economic growth that the state would actually gain revenues.... Kansas Republicans certainly have no intention of taking responsibility for this disaster, which means a search for scapegoats. The targets should not be surprising: poor people, women, and gay people..." http://theweek.com/articles/551262/kansas-experiment-concentrated-conservatism-keeps-getting-grimmer

L. Verde: A Taste of Cosmology http://arxiv.org/pdf/1504.05945v1.pdf

Freddie de Boer: The Resentment Machine http://thenewinquiry.com/essays/the-resentment-machine/

McKay Coppins: Marco Rubio Rakes In Donor Money By Touting Immigration Record--Behind Closed Doors http://www.buzzfeed.com/mckaycoppins/marco-rubio-rakes-in-donor-money-by-touting-immigration-reco#.nm3om96gV

Ann Leckie: Adagio Teas: Imperial Radch https://www.adagio.com/signature_blend/group.html?group=3047

Joe Conason: Fashionable Bashing: 'New York' Columnist [Jonathan Chait] Knows Little But Talks Big http://www.nationalmemo.com/fashionable-bashing-new-york-columnist-knows-little-but-talks-big/

Must-Must-Read: Adam Kotsko: The Good Inequality http://equitablegrowth.org/?p=11045

Must-Read: Nick Bunker: What Is the Right Size and Purpose of the U.S. Financial System? http://equitablegrowth.org/?p=11048>

Must-Read: Zeynep Tufekci: The Machines Are Coming http://equitablegrowth.org/?p=11050

Must-Read: Timothy B. Lee: The Trans-Pacific Partnership: Great for Elites. Is It Good for Anyone Else? http://equitablegrowth.org/?p=11052

Ted Genoways: "Climate change is making the Texas panhandle, birthplace of the state’s iconic Longhorn, too hot and dry to raise beef. What happens to the range when the water runs out?"

Dave Gilson: "It's Not the 1% Controlling Politics. It's the 0.01 Percent.... About 1,200 Americans control more than 40 percent of election contributions... http://www.motherjones.com/kevin-drum/2015/04/one-percent-campaign-giving

Umair Haque: The Asshole Factory http://equitablegrowth.org/?p=11025h

Must-Read: Tony Yates: With Enemies Like These? http://equitablegrowth.org/?p=11027

Must-Read: Paul Krugman: That Old-Time Economics

Must-Must-Read: Daniel Davies: Greece--The Next Steps and Scenarios https://medium.com/bull-market/greece-the-next-steps-and-scenarios-576aedb408d4

Nick Bunker: The path to more U.S. exports? http://equitablegrowth.org/news/path-u-s-exports/

Arin Dube: Public Assistance, Private Subsidies and Low Wage Jobs http://arindube.com/2015/04/19/public-assistance-private-subsidies-and-low-wage-jobs/

Peter Kafka: Netflix Aims at TV, Not HBO, Says CEO Reed Hastings http://recode.net/2015/04/16/netflix-doesnt-want-to-kill-hbo-it-wants-to-kill-tv/

Jay Rosen: “It’s not that we control NewsFeed, you control NewsFeed…” Facebook: please stop with this http://pressthink.org/2015/04/its-not-that-we-control-newsfeed-you-control-newsfeed-facebook-please-stop-with-this/

Jill Pantozzi: Members of Gamergate Planned to “Infiltrate” Calgary Expo to Actively Disrupt Panels, Calgary Expo Has Evicted Them http://www.themarysue.com/calgary-expo-gamergate-evicted/

Must-Read: Brian Buetler: Obamacare Opinion Poll: Repeal Popularity Driven by Old People http://www.newrepublic.com/article/121581/obamacare-opinion-poll-repeal-popularity-driven-old-people

Lawrence Mishel et al.: Wage Inequality: A Story of Policy Choices http://www.epi.org/publication/wage-inequality-story-policy-choices/

Must-Read: Miles Corak: “After Piketty”: 12 Policy Proposals http://equitablegrowth.org/?p=11010

Tony Atkinson: 'Inequality: What Can Be Done?' http://www.oxfordmartin.ox.ac.uk/news/2015_Inequality_book?utm_source=Oxford+Martin+School+Academics&utm_campaign=1dff8ce3fd-Oxford_Martin_School_News_March_2015&utm_medium=email&utm_term=0_9b3128cc0e-1dff8ce3fd-333202501

Eduardo Porter: Big Mac Test Shows Job Market Is Not Working to Distribute Wealth http://equitablegrowth.org/2015/04/22/must-read-eduardo-porter-big-mac-test-shows-job-market-not-working-distribute-wealth/

Nick Bunker: U.S. firms’ high debt loads amplified the Great Recession http://equitablegrowth.org/news/u-s-firms-high-debt-loads-amplified-great-recession/

Bob Litan: Economists: Don’t Leave Home without One http://www.brookings.edu/research/opinions/2015/04/15-economists-value-litan

Must-Read: Jérémie Cohen-Setton: The Critique of Modern Macro http://equitablegrowth.org/?p=11014

Scott McLemee: "I find myself in the awkward and disagreeable position of agreeing with West’s opinions about Obama (and so concurring with Dave Zirin’s criticism of the New Republic article) while growing even more disappointed with West’s sense of priorities..."

PixelFish: "My view on the Sad Puppies is that they come across as a Roundworld version of the Elucidated Brethren of the Ebon Night from Guards! Guards! https://hereticfish.wordpress.com/2015/04/16/non-fictional-musings-about-the-hugos/.... And now they are Even Sadder Puppies because they just wanted what they felt was due to them and they can’t figure out why everyone is so pissed. (Or they know why everyone is so pissed but don’t want to admit it was a bad idea in the first place.)"

Post-war diaries of Guy Liddell, then Deputy Director General of Security Service

Scott McLemee: "I find myself in the awkward and disagreeable position of agreeing with West’s opinions about Obama (and so concurring with Dave Zirin’s criticism of the New Republic article) while growing even more disappointed with West’s sense of priorities..." https://www.insidehighered.com/views/2015/04/22/commentary-dispute-between-michael-eric-dyson-and-cornel-west

Alice Rivlin: Priorities for Economic Policy http://www.brookings.edu/research/speeches/2015/04/21-economic-club-rivlin?rssid=LatestFromBrookings#recent/

Sharon K. Long et al. : Taking Stock: Gains in Health Insurance Coverage under the ACA as of March 2015 http://hrms.urban.org/briefs/Gains-in-Health-Insurance-Coverage-under-the-ACA-as-of-March-2015.html

PixelFish: "My view on the Sad Puppies is that they come across as a Roundworld version of the Elucidated Brethren of the Ebon Night from Guards! Guards! https://hereticfish.wordpress.com/2015/04/16/non-fictional-musings-about-the-hugos/.... And now they are Even Sadder Puppies because they just wanted what they felt was due to them and they can’t figure out why everyone is so pissed. (Or they know why everyone is so pissed but don’t want to admit it was a bad idea in the first place.)" http://whatever.scalzi.com/2015/04/20/keeping-up-with-the-hugos-42015/#comment-781347

Post-war diaries of Guy Liddell, then Deputy Director General of Security Service http://www.nationalarchives.gov.uk/news/policy-files-oct-2012.htm

Simon Wren-Lewis: "Is it the case that, compared to a few decades ago, there are far fewer papers in the top journals that simply try and explain historical time series for a single key macro aggregate (like consumption or saving)? If that is the case, is this due to the difficulties in getting microfounded models to fit, or something else?"http://mainlymacro.blogspot.co.uk/2014/08/us-savings-behaviour-and-empirical.html

Matthew Yglesias: 7 Charts on What Obamacare Critics Get Wrong http://www.vox.com/2015/4/16/8410585/obamacare-charts)

Simon Johnson: No More Cheating: Restoring the Rule of Law in Financial Markets http://baselinescenario.com/2015/04/15/no-more-cheating-restoring-the-rule-of-law-in-financial-markets/

Arindrajit Dube: Public Assistance, Private Subsidies and Low Wage Jobs http://arindube.com/2015/04/19/public-assistance-private-subsidies-and-low-wage-jobs/

Simon Wren-Lewis: UK Mediamacro Myths: An Introduction http://mainlymacro.blogspot.com/2015/04/uk-mediamacro-myths-introduction.html

John Scalzi: Keeping Up with the Hugos, 4/20/15 | Whatever http://whatever.scalzi.com/2015/04/20/keeping-up-with-the-hugos-42015/

Sean McElwee: Why Unions Matter http://america.aljazeera.com/opinions/2015/4/why-unions-matter.html

Nick Carnes: The class war in American politics is over. The rich won http://www.vox.com/2014/9/3/6098677/the-class-war-in-american-politics-is-over-the-rich-won

Rebecca Vallas et al.: The Effect of Rising Inequality on Social Security https://cdn.americanprogress.org/wp-content/uploads/2015/02/SocialSecurity-brief3.pdf>

Marko Kloos (@markokloos): "If there has ever been a day that called for a big slice of NY cheesecake and a double dram of Scotch on the side, today is it..." https://twitter.com/markokloos/status/588501714279538688

Must-Read: David Beckworth: It Takes A Regime Shift to Raise an Economy http://equitablegrowth.org/?p=10761

Must-Read: Guntram B. Wolff and André Sapir: Euro-Area Governance: What to Reform and How http://equitablegrowth.org/?p=10765

John Scalzi: Keeping Up With the Hugos, 4/20/15 http://whatever.scalzi.com/2015/04/20/keeping-up-with-the-hugos-42015/

John O'Neill: ["On Saturday, April 18th, I informed the administrators at Sasquan that we have withdrawn Black Gate from consideration for the 2015 Hugo Award.... I have serious concerns about the legitimacy of the 2015 Hugo ballot, as it was largely dictated by a single individual, Vox Day, who campaigned for a slate of nominees on his website (the Rapid Puppies slate). To a lesser extent, it was also influenced by Brad Togersen’s Sad Puppies slate. Together, the two slates successfully placed 61 nominees on the ballot. Black Gate was part of the Rabid Puppies ballot, although we were unaware of our inclusion until we were informed of our nomination..." http://www.blackgate.com/2015/04/19/black-gate-withdraws-from-hugo-consideration/

Kyle York: Lesser-Known Trolley Problem Variations. http://www.mcsweeneys.net/articles/lesser-known-trolley-problem-variations

Marko Kloos: "I am relieved beyond measure to see that The Three-Body Problem by Liu Cixin (translated by Ken Liu) has been added to the Best Novel Hugo shortlist in place of Lines of Departure.... This reaffirms to me... that withdrawing Lines of Departure from the shortlist was 1000% the right call to make..." http://www.munchkinwrangler.com/2015/04/16/gladness

Thomas Mann: Barney Frank's Memoir http://www.brookings.edu/blogs/fixgov/posts/2015/04/16-barney-frank-memoir-mann

Charles Francis Adams (1879): Notes on Railroad Accidents http://www.gutenberg.org/files/48693/48693-h/48693-h.htm

Helen Lewis: The Hugo Awards Hijack: Nasty, Dishonest--But It Just Proves Progressives Right http://www.theguardian.com/commentisfree/2015/apr/18/hugo-award-hijack-just-proves-progressives-right

Must-Read: Richard Mayhew: A Real Problem with the ACA http://www.balloon-juice.com/2015/04/14/a-real-problem-with-the-aca

Must-Read: Eric Lonergan: Bond bubbles, MMT, and the Limits to Fiscal Policy http://equitablegrowth.org/?p=10574

2014 Hugo Award Statistics http://www.thehugoawards.org/content/pdf/2014HugoStatistics.pdf

Timur Kuran: Ethnic Norms and Their Transformation through Reputational Cascades

[Archaeologist Tired Of Unearthing Unspeakable Ancient Evils](http://www.theonion.com/articles/archaeologist-tired-of-unearthing-unspeakable-anci,1448>

Must-Read: Ricardo J. Caballero and Emmanuel Farhi: The Safety Trap http://equitablegrowth.org/?p=10582

Barry Eichengreen: Europe’s Poisoned Chalice of Growth http://www.project-syndicate.org/commentary/europe-growth-reform-by-barry-eichengreen-2015-04

Must-Read: Marshall Steinbaum: Hottest Tax Idea in Washington Actually Terrible http://equitablegrowth.org/?p=10558

Must-Read: Noah Smith: Fixed Mindsets http://equitablegrowth.org/?p=10560

Must-Must-Read: Alan Blinder: The Fed Can Be Patient About Raising Interest Rates http://equitablegrowth.org/?p=10552

Must-Read: Dani Rodrik: The Mistakes Made by Most Development Reformers http://equitablegrowth.org/?p=10556

Must-Read: Adam Ozimek: The New Liberal Consensus Is a Force to Be Reckoned With http://equitablegrowth.org/?p=10538

Must-Read: Chris Meissner: Research Summary http://equitablegrowth.org/?p=10550

Garret Johnson: The Zombie Statistic [that Health Care Is Responsible for Just 10% of Overall Health] Revisited http://theincidentaleconomist.com/wordpress/a-zombie-statistic

Barry Eichengreen: Europe’s Poisoned Chalice of Growth http://www.project-syndicate.org/commentary/europe-growth-reform-by-barry-eichengreen-2015-04

Nathaniel Hendren: "I show adjusting for increased income inequality lowers the rate of U.S. economic growth since 1980 by roughly 15-20%, implying a social cost of increased income inequality in the U.S. of roughly $400 billion. Adjusting for differences in income inequality across countries, the U.S. is poorer than countries like Austria and the Netherlands, despite having higher national income per capita..." http://scholar.harvard.edu/hendren/publications/inequality-Deflatorinterpersonal-Comparisons-Without-Social-Welfare-Function

Zeynep Tufkeci: Facebook, Network Externalities, Regulation http://technosociology.org/?p=137

Must-Read: Wolfgang Münchau: Macroeconomists Need New Tools to Challenge Consensus http://equitablegrowth.org/?p=10524

Must-Read: Josh Zumbrun: Is Your Job ‘Routine’? If So, It’s Probably Disappearing http://equitablegrowth.org/?p=10526

Susan Boynton: A Tenured Professor On Why Hiring Adjuncts Is Wrong http://talkingpointsmemo.com/cafe/a-tenured-professor-on-why-hiring-adjuncts-is-wrong

Poemas del Río Wang (1939): "Seventy [five] years ago... a monumental military parade took place in the Polish city of Brześć. In view of the militarist spirit of the age there is nothing unusual in this. What is unusual is that the parade was held not by the Polish army, but by the Soviet Red Army and the Nazi German Wehrmacht--together..." http://riowang.blogspot.com/2009/09/brest-nazi-soviet-military-parade-23_25.html

Kane Baccigalupi: The Code Is Just the Symptom https://medium.com/@rubyghetto/the-code-is-just-the-symptom-c77f43b29320

Today's Must-Must-Read: Matthew Yglesias: A Chart Obamacare's Critics Have a Hard Time Explaining http://equitablegrowth.org/?p=10519

Must-Read: Simon Wren-Lewis: Macro Teaching and the Financial Crisis http://equitablegrowth.org/?p=10521

Max Roser: Income inequality: poverty falling faster than ever but the 1% are racing ahead http://www.theguardian.com/news/datablog/2015/mar/27/income-inequality-rising-falling-worlds-richest-poorest?CMP=share_btn_tw

Christopher Null: Bryan Davis Says He Can Make 20-Year-Old Rum in 6 Days http://www.wired.com/2015/04/lost-spirits/

Daniel Davies: Digital Locability and Interocular Trauma: CEOs say the dumbest things, part xxxx https://medium.com/bull-market/digital-locability-and-interocular-trauma-973397192975

>Roger Farmer: "Free trade in the financial markets does not lead to Pareto efficient outcomes. And, as we have learned only too painfully; pain on Wall Street leads to pain on Main Street. Monetary policy cannot ensure financial stability and stable prices with only one instrument. We must manage the risk composition of the central bank’s balance sheet as well as its size..." http://rogerfarmerblog.blogspot.com/2015/04/new-solutions-to-old-problems.html#more

John Lukacs: Monsters Together: Review of Roger Moorhouse, "The Devils' Alliance" http://www.nybooks.com/articles/archives/2015/apr/23/hitler-stalin-monsters-together/

Izabella Kaminska: "You know what they say about ETFs… (REALLY good shorting vehicles for hedge funds and smart money in general.) And you know what they say about ETF launches… (If we build it to satisfy the shorting needs of the smart money, the long dumb money will surely come…)" http://ftalphaville.ft.com/2015/04/13/2126382/this-is-nuts-whens-the-crash-26/

Rachel Emerson: “Don’t Lecture Me; I’m Trying to Learn!”; How Effective Are Lecture-Based Classes? http://www.rangerpulse.com/?p=9001#pq=Vogh4N

Harry Holzer: Creating skilled workers and higher-wage jobs http://www.brookings.edu/research/opinions/2015/04/10-skilled-workers-higher-wage-jobs-holzer?rssid=LatestFromBrookings

Must-Read: Max Sawicky: Work Makes Fritos http://equitablegrowth.org/?p=10447

Must-Read: Pro-Growth Liberal: EconoSpeak: Jeffrey Sachs’ Feeble Defense of David Cameron http://equitablegrowth.org/2015/04/13/must-read-pro-growth-liberal-jeffrey-sachs-feeble-defense-david-cameron/

Today's Must-Must-Read: Gavyn Davies: Who Is Right About the Equilibrium Interest Rate? http://equitablegrowth.org/2015/04/13/todays-must-must-read-gavyn-davies-right-equilibrium-interest-rate/

Chris Messina: The Full-Stack Employee https://medium.com/@chrismessina/the-full-stack-employee-ed0db089f0a1>

Philippe Legrain: The Eurozone’s False Recovery http://www.project-syndicate.org/commentary/eurozone-false-economic-recovery-by-philippe-legrain-2015-04

Karl Marx: Critique of the Gotha Programme https://www.marxists.org/archive/marx/works/1875/gotha/ch01.htm>

Morning Must-Read: The American Prospect 25th Anniversary http://equitablegrowth.org/?p=10411

Today's Must-Must-Read: Noah Smith: What Causes Recessions? http://equitablegrowth.org/?p=10413

Tia Ghose: "'Climate change is going to lead to overall much drier conditions toward the end of the 21st century than anything we've seen in probably the last 1,000 years,' said Benjamin Cook.... But despite the drier conditions and the apocalyptic headlines, California is unlikely to become a parched, uninhabitable hellscape, experts say..." http://www.livescience.com/50417-california-drought-future.html

Robert Parenteau: Draghi's Doom Loops: More than Just the Euthanasia of the Rentiers http://beta.ineteconomics.org/ideas-papers/blog/draghis-doom-loops-more-than-just-the-euthanasia-of-the-rentiers

Walter Jon Williams: "And as a thirteen-year-old I read Heinlein and I believed everything Uncle Bob told me: I believed we should bring back flogging (Starship Troopers), practice Upton Sinclair’s version of socialism (Beyond This Horizon), and practice Free Love (Stranger).... When I re-read the book in college, I had the feeling that my kindly uncle was something of a blowhard. Now that I’m older, I’m finding the avuncular voice just the least bit condescending.... Still... I have to say that this is a very remarkable book, particularly for one that was composed in the Eisenhower Administration.... Stranger. Wow. Nothing like it." http://www.walterjonwilliams.net/2015/04/revisiting-the-classics

Chris Carroll (2001): A Theory of the Consumption Function, With and Without Liquidity Constraints http://www.econ2.jhu.edu/people/ccarroll/ATheoryv3JEP.pdf

Diane Coyle: "I finished Inequality: What Can Be Done? by Tony Atkinson, and think it’s great. If you’re only going to read one book on the subject, this is more useful than Piketty.... His main focus is how firms make these choices and exercise their market power. What constraints do they face? This depends on the state, and on corporate governance, and on finance. All of these offer paths to influencing income distribution..." http://www.enlightenmenteconomics.com/blog/index.php/2015/04/inequality-what-is-to-be-done

Afternoon Must-Read: Nick Bunker: Job Turnover and Workers’ Wellbeing http://equitablegrowth.org/?p=10379

Bonnie Cha: Apple Watch Apps: What to Expecthttps://recode.net/2015/04/08/apple-watch-apps-what-to-expect

Morning Must-Read: John Gruber: The Apple Watch http://equitablegrowth.org/?p=10371

Morning Must-Read: Bill Gurley: Investors Beware: Today’s $100M+ Late-stage Private Rounds Are Very Different from an IPO http://equitablegrowth.org/?p=10351

Lunchtime Must-Read: Olivier Blanchard: Contours of Macroeconomic Policy in the Future http://equitablegrowth.org/?p=10340

Mark Thoma: How Sticky Wages and a Flock of Ducks Can Guide Economic Policy http://www.thefiscaltimes.com/Columns/2015/04/07/How-Sticky-Wages-and-Flock-Ducks-Can-Guide-Economic-Policy

Carter Price: Where do the beneficiaries of the Affordable Care Act live?: A Technical Appendix http://d3b0lhre2rgreb.cloudfront.net/ms-content/uploads/sites/10/2015/04/06173058/040715-aca-techapp.pdf

Today's Must-Must-Read: Ann Marie Marciarille: Teeth Whitening at the Supreme Court: The Antitrust Limits of Professional Sovereignty http://equitablegrowth.org/?p=10335

Noah Smith: "[Sad Puppies] is basically an experiment in politics-based affirmative action, similar to what Jonathan Haidt wants to inflict upon American universities, but more extreme. My instinct says that it will produce a deluge of craptastic crap" http://noahpinionblog.blogspot.com/2015/04/the-hugo-award-silliness.html

Liz Schott: "This [Kansas] provision makes it nearly impossible for a recipient who does not have a checking account to pay rent..." http://www.huffingtonpost.com/2015/04/04/kansas-welfare_n_7001116.html

Morning Must-Read: Ben Bernanke: Should monetary policy take into account risks to financial stability? http://equitablegrowth.org/?p=10338

Matthew David Surridge: "I declined a Hugo nomination for this year’s Best Fan Writer award. I think it’s only fair to the people who voted for me to say why. Be warned, this is going to take a while.... My discomfort with being put forward on the Puppy slates come from... the way Torgersen described the thinking and goals of the Sad Puppy project[:]... 'SAD PUPPIES simply holds its collective hand out — standing athwart “fandom” history--and yells, “Stop!”.... SF/F literature seems almost permanently stuck on the subversive switcheroo. If we’re going to do a Tolkien-type fantasy, this time we’ll make the Orcs the heroes, and Gondor will be the bad guys. Space opera? Our plucky underdogs will be transgender socialists.... Planetary colonization? The humans are the invaders and the native aliens are the righteous victims.... Why did we think it was a good idea to put these things so much on permanent display, that the stuff which originally made the field attractive in the first place--To Boldly Go Where No One Has Gone Before!--is pushed to the side?..." http://www.blackgate.com/2015/04/04/a-detailed-explanation/

Ben Adler: "What do conservative policy intellectuals think about climate change?... Prominent conservative carbon tax supporters... Hank Paulson... Bob Inglis... Doug Holtz-Eakin.... The Adapters... Jim Manzi... Ramesh Ponnuru... Reihan Salam... Ross Douthat... Lee Lane.... The Handwringers... Greg Mankiw... Michael Gerson... David Brooks... Eli Lehrer.... The Deans of Denialism... George Will... Charles Krauthammer... Fred Barnes... Paul Gigot... Benjamin Zycher... Rupert Darwall" http://grist.org/politics/what-do-conservative-policy-intellectuals-think-about-climate-change

Diane Coyle: Do Economic Crises Reflect Crises in Economics? http://www.stifterverband.de/oekonomie/coyle.pdf

Afternoon Must-Read: Daniel Davies: A Cynic’s Guide To Fintech https://medium.com/p/3cd0995e0da3

Afternoon Must-Read: Paul Krugman: John Galt Hates Ben Bernanke http://krugman.blogs.nytimes.com/2015/04/03/john-galt-hates-ben-bernanke

Morning Must-Must-Read: Eric Lonergan: The Pigou Effect Is Smarter than You Think http://equitablegrowth.org/?p=10299

Lunchtime Must-Read: Henry Aaron: Government Spending Can Cut the U.S. Deficit http://equitablegrowth.org/?p=10285

Tim Duy: Thoughts on Yellen's Speech http://economistsview.typepad.com/timduy/2015/03/thoughts-on-yellens-speech.html

Erik Sandberg-Diment (1985): "The real future of the laptop computer will remain in the specialized niche markets. Because no matter how inexpensive the machines become, and no matter how sophisticated their software, I still can't imagine the average user taking one along when going fishing." http://www.nytimes.com/1985/12/08/business/the-executive-computer.html

Morning Must-Read: David Warsh: Back to Cranks at AEI http://equitablegrowth.org/?p=10280

Dean Baker: Tyler Cowen's Three-Card Monte on Inequality http://www.cepr.net/index.php/blogs/beat-the-press/tyler-cowens-three-card-monte-on-inequality

Morning Must-Read: Justin Fox: Are Money Managers Lemmings? http://equitablegrowth.org/?p=10282

Today's Must-Must-Read: Simon Wren-Lewis: Do Not Underestimate the Power of Wrong Microfoundations! http://equitablegrowth.org/?p=10263

Carola Conces Binder: Politicians or Technocrats: Who Splits the Cake? http://carolabinder.blogspot.com/2015/03/politicians-or-technocrats-who-splits.html

Jack Jenkins: How Conservatives Tried (and Failed) to Make Christianity About Being Anti-LGBT http://thinkprogress.org/lgbt/2015/04/04/3642970/conservatives-tried-failed-make-christianity-anti-lgbt

Paul Krugman: "Mervyn King... at Princeton... had a lot of interesting things to say — boy, is he hard on euro area policymakers, and as I heard him he’s surprisingly sympathetic to the current Greek leadership..." http://krugman.blogs.nytimes.com/2015/04/03/symmetric-scots/?smid=tw-NytimesKrugman&seid=auto

Amanda Marcotte: "http://www.georgerrmartin.com/excerpt-from-the-winds-of-winter/ "Book loyalists, I think it’s becoming clear that Game of Thrones is forcing Martin to release more chapters." https://twitter.com/AmandaMarcotte/status/583684235753431041

David Pierce: iPhone Killer: The Secret History of the Apple Watch http://www.wired.com/2015/04/the-apple-watch

M.G. Siegler: [A Tale Of Two Wearables https://medium.com/five-hundred-words/a-tale-of-two-wearables-9ba29e3b4443

Today's Must-Must-Read: Ben Zipperer: Weak U.S. Employment Gains and Wage Growth http://equitablegrowth.org/2015/04/03/todays-must-must-read-ben-zipperer-weak-u-s-employment-gains-wage-growth

Eric Lonergan: Was Milton Friedman the Last Economist? http://www.philosophyofmoney.net/share/?p=1401&preview=true#_ftn4

Afternoon Should-Read: Zeynep Tufekci: A Brief Primer on Human Social Networks, or How to Keep $16 Billion In Your Pocket https://medium.com/@zeynep/a-brief-primer-on-human-social-networks-or-how-to-keep-16-billion-in-your-pocket-c290c8ac23dd

Philippe Weil: [Overlapping Generations: The First Jubilee http://isites.harvard.edu/fs/docs/icb.topic1002789.files/Week%209%20-%20October%2025%20and%2027/Weil-Overlapping%20generations-the%20first%20jubilee.pdf

Paul Samuelson: An Exact Consumption-Loan Model of Interest With or Without the Social Contrivance of Money https://server1.tepper.cmu.edu/Phd/DCA/samuelson.pdf

Dan Drezner: How can the Iran deal fall apart? Let me count the ways http://www.washingtonpost.com/posteverything/wp/2015/04/03/how-can-the-iran-deal-fall-apart-let-me-count-the-ways

Morning Must-Read: Elise Gould: Too Soon to Sound the Alarm, but March Jobs Numbers Should Give Us Pause http://equitablegrowth.org/?p=10226

Morning Must-Read: Dean Baker: The Housing Bubble and the Financial Crisis #25,452

Noam Scheiber: "Ted Cruz, Marco Rubio and Rand Paul — all made a striking confession: They considered ‘the increasing gap between rich and poor’ to be a problem. But on the question of whether the government should intervene to solve it, Mr. Cruz and Mr. Paul rejected that approach, and Mr. Rubio appeared to agree with them..." http://www.nytimes.com/2015/03/30/business/candidates-and-wealthy-are-aligned-on-inequality.html

Paul Krugman: "[Jeb] Bush is leaning on Glenn Hubbard and Kevin Warsh.... Hubbard is a competent economist, when he wants to be. But some people may recall that he went around loudly proclaiming that the ‘Bush boom’ proved the efficacy of tax cuts, while Obamacare was a huge drag on business.... Warsh... was a striking exemplar of... the self-proclaimed wise man who urges us to ignore basic macroeconomics in favor of assertions about market psychology... that aren’t even borne out by market prices..." http://krugman.blogs.nytimes.com/2015/04/01/jeb-bourbon

Morning Must-Read: Dean Baker: The Housing Bubble and the Financial Crisis #25,452 http://equitablegrowth.org/?p=10220

Deborah Boucoyannis: Adam Smith Is Not the Sntidote to Thomas Piketty http://www.washingtonpost.com/blogs/monkey-cage/wp/2014/04/22/adam-smith-is-not-the-antidote-to-thomas-piketty

Morning Must-Read: Edward L. Glaeser and Charles G. Nathanson: An Extrapolative Model of House Price Dynamics http://equitablegrowth.org/?p=10218

Carter Price: Latest U.S. economic growth numbers highlight corporate investment http://equitablegrowth.org/news/latest-u-s-economic-growth-numbers-highlight-corporate-investment

Morning Must-Read: Nick Bunker: How Much Does Job Search Matter for Job Switching? http://equitablegrowth.org/?p=10215

Morning Must-Read: Cardiff Garcia: The Maddening Bond-Market Conundrum-Redux Conundrum http://equitablegrowth.org/?p=10210

Eric de Carbonnel: Extracts from Frank Vanderlip, "From Farm Boy to Financier" http://www.marketskeptics.com/2009/06/frank-vanderlip-and-creation-of-federal.html

Morning Must-Watch: Jared Bernstein: Our Full Employment Event… The Video! http://equitablegrowth.org/?p=10208

Today's Must-Must-Read: Greg Ip: Hard Decisions on Easy Money: Growth Now or Turmoil Later? http://equitablegrowth.org/?p=10200

Morning Must-Read: Gary Burtless: Employment impacts of the Affordable Care Act http://equitablegrowth.org/?p=10194

Morning Must-Read: Pedro Nicolaci Da Costa: On Larry Ball and Sub-5% Unemployment http://equitablegrowth.org/?p=10196

David Gerrold: "William Lehman has written a screed.... I kinda pull rank. He points to Star Trek.... Lehman has completely missed the point.... Gene Roddenberry was one of the great Social Justice Warriors. You don't get to claim him or his show as a shield of virtue for a cause he would have disdained..." https://www.facebook.com/david.gerrold/posts/10204973223422658

Evan Osnos: "How Xi Jinping, an unremarkable provincial administrator, became China’s most authoritarian leader since Mao..." http://www.newyorker.com/magazine/2015/04/06/born-red?mbid=social_twitter

Ken Doctor: [Newsonomics: BuzzFeed and The New York Times play Facebook’s ubiquity game http://www.niemanlab.org/2015/03/newsonomics-buzzfeed-and-the-new-york-times-play-facebooks-ubiquity-game/

William Shepherd: [Letter from Jekyll Island

Evan Osnos: "How Xi Jinping, an unremarkable provincial administrator, became China’s most authoritarian leader since Mao..." http://www.newyorker.com/magazine/2015/04/06/born-red?mbid=social_twitter

David Gerrold: "William Lehman has written a screed.... I kinda pull rank. He points to Star Trek.... Lehman has completely missed the point.... Gene Roddenberry was one of the great Social Justice Warriors. You don't get to claim him or his show as a shield of virtue for a cause he would have disdained..." https://www.facebook.com/david.gerrold/posts/10204973223422658

Morning Must-Read: Pedro Nicolaci Da Costa: On Larry Ball and Sub-5% Unemployment http://equitablegrowth.org/?p=10196

Lois McMaster Bujold: Uncle Hugo's: Interview with Miles Vorkosigan http://www.unclehugo.com/prod/ah-bujold-lois-more.php

Morning Must-Read: Gary Burtless: Employment impacts of the Affordable Care Act http://equitablegrowth.org/?p=10194

Samuel R. Delany (1998): Racism and Science Fiction http://www.nyrsf.com/racism-and-science-fiction-.html

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