For every doubling of retirement years, "the rate of interest will halve" (Nick Rowe) http://worthwhile.typepad.com/worthwhile_canadian_initi/2014/09/retirement-and-the-rate-of-interest.html
In Canada, there's a "messy" GAI which is reminiscent of welfare: http://worthwhile.typepad.com/worthwhile_canadian_initi/2014/09/dumb-questions-about-econometrics-and-gai.html
Nick provides a pdf link for Canada's Labor Market Indicator http://worthwhile.typepad.com/worthwhile_canadian_initi/2014/09/labour-market-slack-in-canada-and-the-us.html
Is it New Zealand? (Scott Sumner) Who has the best political system in the world?
20th century rules of thumb need not apply. Scott responds to Nick Rowe's 30 year bond yield post: Two big mysteries
24% poverty in the "market economy"? Progressive blind spots
If only this were as simple as it seems...Guaranteed Annual Income - Let's talk numbers
Slate hasn't been the same without Yglesias: Are Americans Maoists?
Krugman: economists drop models that suddenly disagree with political leanings...Krugman reviews Madrick
One can always legalize theft that "raises aggregate utility" Matt Bruenig trashes his fellow progressives
And...know when to fold: Last Reply to Matt Bruenig
Scott at Econlog:
Americans are still spending more on luxuries; Is the middle class being squeezed?
A closer look: What kind of great stagnation?
When it comes to the actual stance of U.S. monetary policy, we are still flying blind.
Nearly 3 out of 4 think the recession is still in progress (Marcus Nunes) http://thefaintofheart.wordpress.com/2014/09/23/the-wisdom-of-crowds-beats-the-fomc-anytime/
No one actually utilized the policies Lucas advocated... http://thefaintofheart.wordpress.com/2014/09/25/the-great-stagnation-sing-a-long/
Some misleading comments from the WSJ and Bloomberg: http://thefaintofheart.wordpress.com/2014/09/26/a-great-moderation-can-be-pernicious/
Continuing a discussion from a recent Britmouse post: http://thefaintofheart.wordpress.com/2014/09/27/the-barber-boom-was-more-like-a-barber-spike-aka-bs/
The demand shock did heavy damage to the supply side: http://thefaintofheart.wordpress.com/2014/09/28/the-degree-of-great-in-great-stagnation-is-a-choice-variable/
Perhaps the real mystery is that the Euro hasn't broken up: http://thefaintofheart.wordpress.com/2014/09/29/its-not-austerity-that-explains-the-relative-positions-of-the-ez-and-us/
Next recession: ZLB, here we come? (Ryan Avent) "Why is the Fed planning to fail?" http://www.economist.com/blogs/freeexchange/2014/09/monetary-policy
How to disentangle the cyclical and the structural? (Bonnie Carr) http://dajeeps.wordpress.com/2014/09/28/the-choice-variable-in-the-great-stagnation-is-monetary/
Are the hawks winning? (Lars Christensen) http://marketmonetarist.com/2014/09/25/the-dollar-rally-is-testing-the-feds-credibility/
Will the RBNZ jeopardize its inflation target? http://marketmonetarist.com/2014/09/29/when-central-banks-ignore-the-tinbergen-rule-the-case-of-rbnz/
Puerto Rico does not have a full fiscal union with the U.S. http://marketmonetarist.com/2014/09/29/did-scotland-avoid-a-puerto-rican-style-crisis-by-voting-no-to-independence/
...In which Brad Delong questions low growth policies (HT TravisV) http://equitablegrowth.org/2014/09/19/contractionary-federal-reserve-policies-2013-2014-friday-focus-september-19-2014/
http://equitablegrowth.org/2014/09/25/monetary-policy-thursday-focus-september-25-2014/
And Benjamin Cole points out Paul Krugman's arguments for growth as well: http://thefaintofheart.wordpress.com/2014/09/30/paul-krugman-is-right/
A history of FOMC dissents from the St. Louis Fed: http://research.stlouisfed.org/publications/review/2014/q3/thornton.pdf
When unemployment insurance is still the preferred course of action...(Kevin Erdmann) http://idiosyncraticwhisk.blogspot.com/2014/09/framing-is-everything-unemployment.html
Modern macro contains too much reductionism (David Glasner) http://uneasymoney.com/2014/09/30/explaining-the-hegemony-of-new-classical-economics/
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