Coming Wednesday Getting Creative With the G.D.P. “the results of an immense revaluation of the size and composition of the American economy.”
Category: Economics
Witches, recessions, and pensions
From the archives, as I think about Macbeth Why it’s dangerous to be a witch in a recession (Slate, Harford) Note that the witches aren’t the ones committing the actual crimes here—they’re just older people with resources coveted by the…
Austen replaces Darwin
on the £10 note. Sense and Sensibility: Jane Austen to Appear on £10 Note (Shelf Awareness) Interesting controversy: Apparently the Bank of England missed the irony of the quote.
Lit review: gold
A literature review that works for NYTimes Budging (Just a Little) on Investing in Gold (Greg Mankiw) “Gold may offer an average return near that of Treasury bills, but its volatility is closer to that of the stock market.”
Writing, connected to economics of information?
While thinking about the writing that students will be doing in London, I came across this piece. Why so Many Bright Students and So Many Dull Papers? (WAC Journal) There don’t appear to be many citations of the paper other than…
Hysteresis in hiring
Some useful nuggets, for practical reasons and theory (micro and micro-foundations of macro), too. Avoiding the Soft ‘Yes’” In particular, this. “Executives often hesitate to hire additional staff (‘What happens if this doesn’t work — then what do we do?’…
Crime falling
Both sides of the Atlantic Public Policy: Are we safer now? (Financial Times) And is so, why?
Anti-austerity evidence
@justinwolfers: Remarkable: Compare the recessions and subsequent recovery in the US (red line) with that in the UK (blue). http://t.co/xpoMF4VBuk @justinwolfers: The crisis, and the recovery. Now adding Australia to the US v UK comparison. RT @MattCowgill: Another perspective: http://t.co/TVn6YXDYhA
Strategic action
in telecom HEARD ON THE STREET: Leap of Fate for T-Mobile and Dish (WSJ)
The English Rentiers
World-bulding time, and social awareness, too. Britain is recreating a rentier society fit for a baby royal (Financial Times) “I asked the panel of industry leaders how comfortable they felt with young people’s opportunities governed by the lottery of their…