Tuesday, April 30, 2019

Wrap Up for April 2019

Why was European colonialism in Africa held up as a successful example of a "tax-driven currency"?

Jeffrey Hummel provides an interpretation of MMT.

Recent trends in 3D printing.

Arnold Kling reviews The Third Pillar.

Isabel Sawhill: "Forget collusion, the problem is corruption and complacency."

Miles Kimball explains how the Fed has changed its operations since 2008.

Taking on the two party monopoly.

"The first challenge is rising government debt."

Tracking regional variations in economic opportunity.

The good news is that sometimes, sovereign debt can be solved when it appears to have already gotten out of hand.

Could skilled immigrants revive the heartland?

"Beyond 2020, world growth is expected to stabilize at around 3.5%,"
Also, Highlights from a synchronized slowdown.

He won his case, but will he get his Land Rover back?

What role should commodities play in Fed targeting?

"17 percent of young adults ages 18 to 24 are out of work in mid to large cities in the U.S."

The Tories have stopped trying to tell an economic story.

The loss of continuity can compound more quickly than is often realized.

"...non-manufacturing employment in the US appears to have been increased by Chinese trade."
The problem however is that new high skill services generation hasn't been created in areas which lost manufacturing employment, but - instead - areas which were already prosperous.

Econtwitter helped Diane Coyle put together a great list of books in which economics and philosophy intersect.

"...every dollar of government health care spending represents both care for a patient, and income for a provider, and both groups will fight hard against cutbacks."

It turns out the implicit inflation target was approximately 1.5%.

Nolan Gray provides a useful list of books which can help readers gain a better understanding of zoning issues.

"What Happened to U.S. Business Dynamism?"

"There is no straight line from agricultural productivity to high GDP per capita."

Taking value chains into account.

"work in futures is about patterns, not predictions."

It's difficult to get "mini estates" and urbanism at the same time. "Without density, there is no walkability."

The price of dryers went up by approximately the same amount.

The Medicare hospital trust fund will be the first to go.

Might "greater transparency and openness" actually be counterproductive?

"Economic geography bites back."

What are the roles of "public interest" versus "public choice" in occupational licensing?

Applications for disability have dropped dramatically.

Perhaps civic engagement would benefit from new marketing strategies.

How important is speed as a factor in production?

"Does federal debt hurt the economy more than we thought?"

While I've been aware of time as (too often) a luxury amenity, it turns out shade is in short supply as well.

"This is not exactly how a market for lifesaving medical devices is supposed to work."

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