"The Irresponsibility of Speaker John Boehner"
Stan Collender is very unhappy with John Boehner: The Irresponsibility of Speaker John Boehner, by Stan Collender: ...Speaker John Boehner’s (R-Ohio) choreographed events last week in which he repeatedly said he would prevent the debt ceiling increase that will be...
Why Have Politicians Neglected the Unemployed?
Republicans didn't always oppose the use of monetary and fiscal policy to stabilize the economy, but they do now. Why the change?:
Why Have Politicians Neglected the Unemployed?
Links for 2012-05-22
The Age of Equality - Richard Pomfret Was Hayek a (Welfare) Statist? - Uneasy Money Hayek and the Welfare State, Yet Again - Crooked Timber The Long and Short of Fiscal Policy - Alan Blinder Is That the Sound of...
"The Commencement Aaddress That Won’t be Given"
Robert Reich has inspiring words for new graduates: The commencement address that won’t be given, by Robert Reich: As a former secretary of labor and current professor, I feel I owe it to you to tell you the truth about...
Fiscal Policy Works
Paul Krugman: None So Blind: As those who will not see. Eddie Lazear has an op-ed in the WSJ on the fiscal cliff that, among other things, pooh-poohs any concerns that sudden cuts in spending might hurt the economy. He...
Paul Krugman: Dimon’s Déjà Vu Debacle
Opponents of regulation end up making a strong case for it: Dimon’s Déjà Vu Debacle, by Paul Krugman, Commentary, NY Times: Sometimes it’s hard to explain why we need strong financial regulation — especially in an era saturated with pro-business,...
Links for 2012-05-21
For the Uninsured, the Wait for Health Care - NYTimes.com Metaphorically Speaking - Peter Dorman How universities helped transform the medieval world - Vox EU Facebook’s I.P.O. and Dual-Class Share Structures - James Surowiecki Will The Student Debt Burden Depress...
"We Need More and Better Data, not Less"
Calculated Risk: Comment: We need more and better data, not less, by Calculated Risk: The Depression led to an effort to enhance and expand data collection on employment, and I was hoping the housing bubble and bust would lead to...
Did Samuelson and Solow Really Claim that the Phillips Curve was a Structural Relationship?
Like Robert Waldmann, I have always taught that the Phillips curve was initially promoted as a permanent tradeoff between inflation and unemployment. It was thought to be a menu of choices that allowed most any unemployment rate to be achieved...
"Ah, For the Ignorance that Is Ignorant of Itself"
Peter Dorman: Ah, For the Ignorance that Is Ignorant of Itself, by Peter Dorman: Catherine Rampell quotes Daniel Webster, who sponsored a bill to eliminate the American Community Survey, which was passed by the full House of Representatives: “...in the...
Links for 2012-05-20
Going To Extreme - Paul Krugman FDL Book Salon Welcomes Paul Krugman - Book Salon Money is an Experience Good - NEP-DGE Blog How National Belt-Tightening Goes Awry - Robert Shiller Who Arrived in the Americas First? - NYTimes.com Does...
"A Little Secret Denmark Shares with Canada about Social Mobility that Americans and Brits Should Know"
Miles Corak explains one of the ways in which inequality is transmitted between generations: A little secret Denmark shares with Canada about social mobility that Americans and Brits should know, by Miles Corak: ...Denmark has a little secret, one it...
