Recent Economics Posts
Upgrade To Lion? Wait For Mountain Lion?
A tech question for the CT commentariat. I’m a mac user, still using Snow Leopard but being pressured by Apple to upgrade to Lion – because I use MobileMe, which… Read more »
Hayek and the Welfare State
Two references worth reading in light of the last post. First, via Barkley Rosser, this firewalled article by Andrew Farrant and Edward McPhail on Caldwell’s recent edition of The Road… Read more »
Links for 2012-05-12
Have the BRIC Nations Lost Their Momentum? - NYTimes.com Doing Development Better - Dani Rodrik Occupational Licensing and Low-Income Jobs - Tim Taylor The Rise and Rise of the Super-Rich… Read more »
"Too Big To Manage"
Yesterday, Tim Duy reacted to the troubles at JP Morgan Chase with "Too Big To Fail Lives On." Simon Johnson agrees, and says it's time to change the rules: JP… Read more »
Cutting Extended Unemployment Benefits Will Not Solve the Unemployment Problem
This article on why ending unemployment benefits will hurt individuals and the economy has quite a bit of editing, e.g. the figures noted in the title were added, but it's… Read more »
Judt and Hayek
A few months ago, Tyler Cowen argued that Tony Judt had been unfair to Hayek in his final book. it doesn’t show Judt in such an overwhelmingly favorable light. He… Read more »
Paul Krugman: Easy Useless Economics
The problems with some "authoritative-sounding figures" standing in the way of helping the unemployed appear to be deep and structural: Easy Useless Economics, by Paul Krugman, Commentary, NY Times: A… Read more »
Links for 2012-05-11
Bad Dividend Math - James Kwak Exploding the myths of manufacturing - MIT News Too Big To Fail Lives On - Tim Duy's Fed Watch A real alternative to austerity… Read more »
David Altig: Labor Force Participation and the Unemployment Rate
How likely is it that the unemployment rate will fall to 7.5% by the end of 2013? The answer depends critically on assumptions about the labor force participation rate (I… Read more »
Don’t Blame Budget Problems on the Safety Net
It's hard to say this enough. The long-run budget problem is a health care cost problem, "which affect costs for private-sector care as much as for Medicaid and other government… Read more »