Conversable Economist takes an interesting look at inequality: (worth a look…hat tip Spencer England) How Between-Firm Inequality Drives Economic and Social Inequality “The real engine fueling rising income inequality is `firm inequality’: In an increasingly winner-take-all or at least winner-take-most economy, the best-educated and most-skilled employees cluster inside the most successful companies, their incomes rising […]
Top 100 Economics blogs The Angry Bear blog is a very popular multi-author blog. This left-leaning blog provides incisive commentary on U.S./Economics, law and politics.
Via AngryBear Econ facebook page comes Dr. Robert Waldmann’s discussion of costs of healthcare and life expectancy on Challenging Opinions. (among several others such as supply side economics…click the link above)
by Peter Dorman (originally published at Econospeak) The Intersectionality that Dare Not Speak Its Name The New York Times ran a Nate Cohn piece today that epitomizes the way conventional liberals spin American politics. On the one hand we have the turnout and voting preferences of people of color—blacks, Hispanics, Asian-Americans. On the other […]
Recently I discussed a paper by David Autor, David Dorn, Gordon Hanson, Gary P. Pisano and Pian Shu. The paper noted that as competition from China increased, innovation by US firms, measured by patent output, decreased. I believe the result, but started to wonder… are patents a good measure of innovation? Do patents drive economic growth? […]
Unlearning Economics is a person somewhere on planet earth. He or she has been debating with Simon Wren-Lewis and Nick Rowe (on twitter). Brad DeLong joined the discussion. But what about me. Elisabetta Addis (we’re married) just returned from Palermo. I was eager to talk with a physically present human being having not done so […]
Recently I learned about a proposal for Euro denominated “accountability bonds”. They are basically a clever way to enforce the stability and growth pact. I don’t like the pact, so I don’t support the proposal which I made by Clemens Fuerst here . The idea is that borrowing beyond the level allowed by the stability […]
by Barkley Rosser (originally published at Econospeak) Complacency Or Community Commitment? Human And Social Capital Reconsidered I have been poking at Tyler Cowen’s recent book on The Complacent Class, along with those who have praised it unstintingly, with my main complaint being that what he calls complacency may really be fear. In an exchange posted […]
by New Deal democrat Variations on the Phillips Curve: unemployment and underemployment This is part of a longer post I wanted to write, and if FRED didn’t play so poorly with iPad I would put it all up. But, having finished with my cursing, let me put up a truncated version now and follow up […]
by Peter Dorman (originally published at Econospeak) Fifty Shades of Yellow? Post-Truth Then and Now Simon Wren-Lewis can’t take it anymore. I’ve just read his fulminations on the blatant dishonesty of right wing media outlets in the US and the UK, untethered to any residual professional attachment to standards of evidence and nakedly in the […]