Even though there was much to disagree with in David Graeber's essay, David Glasner engages with some of his more meaningful arguments.
Where is low wage work more prevalent? Brookings illustrates how it is found to some extent in all regions. It also helps to be realistic about reskilling.
Banks are subjected to stress tests. Why not the government?
David Beckworth and Claudia discuss her new Sahm rule.
Even though low inflation is important for the credibility of central bankers, it makes them quite unpopular, as if by design.
Sarah Skwire notes how the gender bias of unions has often been missed.
Diane Coyle highlights some of her favourite economics books of the year.
The potato was an important lesson re monoculture.
Tyler Cowen interviews Daron Acemoglu.
"...a new General Purpose Technology might be required to kickstart economic growth once again."
Tyler Cowen posts from some of the above linked paper with Ben Southwood, here and here.
Why would state law be behind a pay wall?
"...fiscal resources are not infinite, and public leaders can't assume every older asset is worth maintaining." I would add, don't just convene the experts to work on this issue, because they may end up with mostly suggestions to build infrastructure that many citizens can't afford.
Tim Harford suggests ways to survive elections with your sanity intact.
Peter Boettke highlights some forgotten and neglected classics.
He also notes important political economy books from the last decade.
Is there a middle ground for "gentle" densities?
"...most single-family lots could accommodate more housing without purchasing adjacent parcels and combining them." Light touch density is a similarly used term, which could affect zoning laws in the near future. And while progressives are often blamed for NIMBYism in exclusive areas, Miles Kimball recently highlighted a conservative response to potential zoning changes.
Government debt carries hidden risks.
There's not many specifics in the 40 AI startups surveyed as of yet which point to greater productivity.
Many communities will maintain the infrastructure status quo as long as they possibly can.
Greg Mankiw notes a review from Jason Furman, of the recent book from Banerjee and Duflo, Good Economics for Hard Times.
As monetary policy continues to improve, real shocks have become more likely to trigger RGDP slowdowns than recessions. Can the Fed finally engineer a soft landing?
Carnegie Mellon University remembers Marvin Goodfriend. Also Miles Kimball.
Rural flight in Texas started back in the fifties.
Lars Christensen is blogging again. Also, "Revisiting the P-star model"
When it comes to tradeoffs, time is the ultimate scarcity.
Let's be careful not to take the advantages and benefits of the modern world, for granted.
"We certainly don't seem to have as much of a commitment as we did to leaving people to their own devices." We can't arbitrarily stop progress now, we have to keep innovating just to maintain what we already have.
When everything is said and done, might we end up with some version of Medicare for all?
The transition to modernity may have been messier than it seemed.
Frances Coppola questions the role of the repo market, which functions quite differently from the previous interbank market.
How much Chinese tech will have to be replaced?
From David Wessel at Brookings: This study found that minimum wage hikes are causing problems for new small business formation particularly in rural areas.
"Beyond developing conversational skills, the family phone asked its users to be patient and participate in one another's lives."
How accurate is that drug price index?
Gregory Mankiw explains his skepticism regarding modern monetary theory.
"Deafness freed Beethoven as a composer because he no longer had society's soundtrack in his ear."
Some digital stories of shame this year were particularly good!
Do cities suffer from energy imbalances?
Cyril Morong highlights a Minneapolis Fed paper re how changing technology affects inequality.
Gratitude is a complex thing.
Inside Cato's annual monetary conference.
Some historical aspects of migraine. Mine are in that (somewhat) tolerable average range.
Tyler Cowen presents a wish list of worthy projects.
Some of the big economic stories of the decade.
A recent Minneapolis Fed conference discussed potential housing options.
They are certainly needed. For instance, Just having a peaceful night of sleep can make a real difference.
Scott Sumner notes that the new spending bill is a disaster. Someone must be celebrating however, because it's a four hundred billion dollar win for special interests in a repeal of three healthcare taxes alone: the Cadillac tax, a health insurance tax and the medical device tax. Hence Bob Laszewski jokes, "Who says Washington can't get along!" The surprisingly mutual desire to do something about surprise medical bills, went nowhere as well.
Coffee had plenty of detractors when it was the newly introduced product.
For now the economy is strong.
It's not easy to think clearly about the eventual ramifications of excessive debt loads.
"While much of the rest of Mercy Hospital Fort Scott had been underused and patient rooms sat empty, the ER handled nearly 9000 people the year before it closed."
It cost about 9 million for the community to set up their own internet infrastructure.
"If Sapiens were a blog post"
Some personal reminisces from Arnold Kling re Robert Solow.
No comments:
Post a Comment