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Must-read: Robert B. Reich: “Saving Capitalism: For the Many, Not the Few”
Must-Read: Gene Smolensky says Bob Reich’s latest book is truly excellent: Robert B. Reich: Saving Capitalism: For the Many, Not the Few: “The New Property… The New Monopoly… The New Contracts… The New...
View ArticleMust-read: Megan McArdle: “Listen to the Victims of the Free Market”
Must-Read: For the most part, an excellent piece by Megan McArdle. But… McMegan: There is a lot of good reason to think that the elasticity of labor demand at the low end is about -0.2! That higher...
View ArticleMore musings on the fall of the house of Uncle Milton…
This, from Paul Krugman, strikes me as… inadequate: Paul Krugman: Why Monetarism Failed: “Right-wingers insisted–Friedman taught them to insist–that government intervention was always bad, always made...
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The economist as…?: The public square and economists
My paper for the Notre Dame conference on “public intellectualism” is finally making its way through the publication process… I. The Salience Today of the Economic Sit down some evening and watch the...
View ArticleWhat can the state see? Or, the extraordinary power of the night-watchman state
Hoisted from 2010: James Scott, “Legibility,” Flavius Apion, Anoup, the Emperor Justinian, Robin of Locksley, Rebecca Daughter of Mordecai, King Richard, and Others..: Cato Unbound: James Scott: The...
View ArticleMust-Read: Noah Smith: Don’t Give Up on Equality of Opportunity
Must-Read: Noah Smith: Don’t Give Up on Equality of Opportunity: “The purpose of an ideal of equality isn’t to serve as a blueprint for the creation of a utopia… …but to nudge us in the direction of...
View ArticleMust-Read: Jamelle Bouie: Is American Really in an Anti-Establishment Rage?
Must-Read: Jamelle Bouie: Is American Really in an Anti-Establishment Rage?: “The same people who disapprove of Congress will readily re-elect most members to the House and Senate… …Just 24 percent of...
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In Which I Call for Academic Scribblers and Funct Economists to Enter into...
Must-Read: From my perspective, this piece at Vox.eu makes many too many bows to conventional-wisdom idols with not just feet but bodies and heads of clay. Thus I cannot sign on to it. Eleven...
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A Plea for Some Sympathy for Repentant Left Neoliberals…
As always, when the extremely sharp Danny Rodrick stuffs a book-length argument into an 800-word op-ed column, phrases acti as gestures toward what are properly chapter-long arguments. So there is...
View Article“Populism” or “Neo-Fascism”?: Rectification of Names Blogging
The highlight of last week’s JEF-APARC Conference at Stanford https://www.jef.or.jp for me was getting to sit next to Frank Fukuyama https://fukuyama.stanford.edu, whom I had never met before. Frank is...
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