Is the declining value of labor behind the dangerous rise in income inequality?

Artículo en Foreign Policy

The Federal Reserve at 100

The Economist

Tim Taylor reseña varias discusiones sobre la Fed

Technology vs globalisation as cause of the declining labour share

FT Alphaville reseña el debate

Noise trading, bubbles, and excess stock market volatility

Brad DeLong sobre varias teorías en finanzas

Sobre el Energiewende

Bruegel

Análisis sobre el legado de Bernanke

Counterparties

Análisis del FT sobre QE. Y de Ambrose Evans-Pritchard

Beating the market has become nearly impossible

Artículo en Institutional Investor

The Keynesian Revolution, the Monetarist Counterrevolution, the New Classical Purge, the Neo-Keynesian Restoration

Brad DeLong

Paul Krugman opina aca y aca

Krugman sobre macro internacional

Raising the minimum wage: Old shibboleths, new evidence

Laura D'Andrea Tyson reseña la investigación reciente sobre el salario mínimo

Bruegel: The minimum wage debate redux

Capitalism redefined

Aca

"This is why prosperity in human societies can’t be properly understood by just looking at monetary measures of income or wealth. Prosperity in a society is the accumulation of solutions to human problems."

"If the true measure of the prosperity of a society is the availability of solutions to human problems, then growth cannot simply be measured by changes in GDP. Rather, growth must be a measure of the rate at which new solutions to human problems become available."

Updating the Philips Curve

Bruegel

The Economist sobre la tendencia reciente de los precios de los activos

Aca. Y pide tambien que haya más inversión pública

David Simon sobre 'the two Americas'

Aca

James Galbraith sobre los economistas que sí vieron venir la crisis

Aca

Análisis de la deflación en la Zona Euro y Japón

FT Alphaville

The long short run

Columna de Brad DeLong

'Microfoundations': I do not think that word means what you think it means

Brad DeLong sobre microfundamentos

"But models with micro foundations are not of use in understanding the real economy unless you have the micro foundations right. And if you have the micro foundations wrong, all you have done is impose restrictions on yourself that prevent you from accurately fitting reality."

...

"I thought it was dangerous to presume that you understood something because you had “microfoundations” when those microfoundations were wrong."

Noah Smith reseña un debate sobre microfundamentación

Paul Krugman: Microfoundations and the parting of the waters

Glorious Revolutions and their discontents

The Economist reseña un libro que pone en dudalas tesis de North, Weingast, Acemoglu y Robinson