Economy News July 20th 2015

Black September revisited: On planet Earth, 2008 was a credit event, not a housing event
US Economic and Equity Week in Review
The Niagara Frontier
‘AIIB: The First International Financial Institution of the 21st Century’
Paul Krugman: Europe’s Impossible Dream
Links for 07-20-15
The Rivals (Samuelson and Friedman)
Links for 07-19-15
‘Show Some Mercy’
‘Like Humans, Apes Are Susceptible to Spin’
‘Variable Geometry Bites Back: Schäuble’s Motives’
Links for 07-18-75
‘The Effect of the Strong Dollar on U.S. Growth’
Paul Krugman: Liberals and Wages
Fed Watch: The Case For September
Links for 07-17-15
‘The Fed and African-American Unemployment’
‘What Economics Can (and Can’t) Do’
Links for 07-16-15
‘Have Changing Job and Worker Characteristics Restrained Wage Growth?’
‘An Unsustainable Position’
Links for 07-15-15
Who Should Pay for Recessions?
Fed Watch: More Mediocrity
‘Faithocrats’
‘Needed: More Government, More Government Debt, Less Worry’
Links for 07-14-15
‘Negotiating with Germany is a Waste of Time’
‘Janet Yellen’s Unusual Optimism’
Paul Krugman: The Laziness Dogma
Links for 07-13-15
‘Disaster In Europe’
‘Complacency and Incrementalism are Traps to Avoid’
Links for 07-12-15
‘Jeb and the Nation of Takers’
‘Are we Sure that Tsipras Caved In?’
Links for 07-11-15
Price stickiness is not a mystery… – interfluidity
Ireland and Greece – mainly macro
The Euroskeptic Vindication – Paul Krugman
How Greece Can Help Itself – James Surowiecki
How important are terms-of-trade shocks? – Vox EU
Brad DeLong and Bubble Bursting Recessions – Dean Baker
DeLong and Baker discuss two bubbles and two recessions – Angry Bear
Skepticism About A U.S. Sovereign Wealth Fund – Adam Ozimek
The Intuition behind Wallace Neutrality – Richard H. Serlin
The zero lower bound and Miles Kimball’s visit – croaking cassandra
Beware the Fed on the ides of September – Gavyn Davies
Labour's economic narrative – Chris Dillow
The Immigrant Families in Limbo – Jeffrey Toobin
The Beer IneQuality Index – Frances Woolley
The other Smith on Growth – John Cochrane
Free-market ideology and the burden of proof – Noahpinion
Competitive equilibrium (from Economics in Two Lessons) – Crooked Timber
Hayek and Free Banking – Alt-M
Bernanke Isn't Serious – Paul Krugman
Greece: Is Europe holding up its end of the bargain? – Ben Bernanke
Comments on June Housing Starts – Calculated Risk
Mark Carney and the yield curve – longandvariable
Greece, Europe, and the United States – James K. Galbraith
Stanley Fischer defends Fed’s role as lender of last resort – FT.com
History Echoes Through Greek Debt Crisis – Greg Mankiw
Growth Fantasy of Tax Cuts and Small Government – Noah Smith
How fiscal policy can support medium- to long-term growth – Vox EU
Stability of General Equilibrium and Monetary Policy: Baby Steps – Brad DeLong
WTF!? Neo Fisherianism as one social construction of reality – Nick Rowe
Global Carbon Intensity Rises: A Kaya Decomposition – Tim Taylor
The Economic Upshot of the Iran Deal – David Cay Johnston
Getting to the Core of Goods and Services Prices – macroblog
The mystery of sluggish wage growth – CBS News
Trumpism – Paul Krugman
Heritage Economist on Greece and the US – EconoSpeak
Labour and the deficit: a Tristram Hunt follow-up – mainly macro
Greece: Growth or Recovery? – Mean Squared Errors
Interview: Prof. Kevin O’Rourke – AceMaxx Analytics
Capitalism for the Rest of Us – The New York Times
Eternal Greece – Paul Krugman
Stablecoin – Moneyness
Different Strokes for Different Folks – macroblog
Evidence for monetary offset – mainly macro
Stock and currency returns – Vox EU
US intergenerational mobility since WWII – Vox EU
Questions About the Size and Power of a Test – Dave Giles
Wall Street's Role in Greece's Debt Crisis – The Atlantic
Interview with Axel Weber – Cecchetti & Schoenholtz
What Europeans think about Europe after the crisis – Econbrowser
Greece to Go the Extra Mile to Appease Creditors – Mean Squared Errors
A spot market for water – MIT News
A severe commentary – croaking cassandra
Policy Paralysis and/or Secular Stagnation? – Brad DeLong
History Lessons for Euro Debtors – Paul Krugman
Semiannual Monetary Policy Report to the Congress – Janet Yellen
Three paradigms of maximization – Chris DIllow
On Paleo and Faith in Government – Rortybomb
Fuel economy requirements and household driving – Vox EU
Does More Capital Increase Inequality? – Liberty Street
Streamlining patent examination – Digitopoly
Making sense of the productivity puzzle – Philip George
Capitalism for Cronies or the Public Good? – Noah Smith
Supervenience and the social: Epstein's critique – Daniel Little
Understanding Schmidt and Woodford on Neo-Fisherianism – Nick Rowe
Correct standard error and inefficient estimate? – Kids Prefer Cheese
Labour and the deficit – mainly macro
MOOCs: Lessons from Sesame Street – Vox EU
Kids and stress – Vox EU
Invisible Green Triumphs – Paul Krugman
A finance industry insider on equilibrium asset-pricing models – Noahpinion
Preserving the independence of the Federal Reserve – Brookings Institution
Complicated ties between inequality and growth – CBS News
I love Germany. And Greece. And especially Finland. – interfluidity
Sizing Up Hillary Clinton’s Plans to Help the Middle Class – New York Times
‘Where moral sentiments replace demand and supply’ – Stephen Ziliak
The Pause of 2014 – Paul Krugman
The Why of Weak Wages – FRB Cleveland
Canadians: Successful Austerians? – Stephen Williamson
Development Central Banking, Part 1 – TripleCrisis
In defence of welfare – Stumbling and Mumbling
The Face of the Base – Paul Krugman
Productivity Growth and the Diffusion Problem – Tim Taylor
Schmidt and Woodford on neo-Fisherian economcs – John Cochrane
Dispelling some myths about the Greek agreement – Re-Define
Impending disaster in Greece – Middle Class Political Economist
Greece and Trust – mainly macro
Roach Motel Economics – Paul Krugman
Needed: More Government, More Debt, Less Worry – Brad DeLong
Does income inequality cause decreased economic growth? – Tim Haab
Understanding Diffusion Models of Growth – Growth Economics
By How Much Is r Greater than g? – Liberty Street Economics
Micromanagement of European reforms – Antonio Fatas
The Recovery’s Final Frontier? – John Williams
Privately-issued preloaded Drachma cards? – Nick Rowe
The Declining Number of Illegal Immigrants – Tim Taylor
Did Monetary Policy Offset Fiscal Austerity in Canada? – David Beckworth
What Seasonally-Adjusted Economic Data Needs Most… – No Hesitations
Euro Summit Statement: A Glimmer of Sanity? – Mean Squared Errors
After Greece: Saving EMU – Cecchetti & Schoenholtz
Parsing "Generic Productivity" – EconoSpeak
Greece again – The Grumpy Economist
Hillary speaks – MaxSpeak
Hillary Clinton Transcript – WSJ
Killing the European Project – Paul Krugman
Possible scenarios for Greece – Econbrowser
The Great Recession and the Eurozone crisis – mainly macro
Grexit: An Indecent Proposal From Germany – The New Yorker
The Rivals (Samuelson and Friedman) – Economic Principals
Regulatory Rollback Is Wrong for Financial Markets – WSJ
The birth of European macroeconomics – Vox EU
Woodford vs. the Neo-Fisherians – Noahpinion
Labour's failure – Stumbling and Mumbling
Le Boche Payera Tout – Uneasy Money
IMF: Most misleading sentence ever? – Mean Squared Errors
Rising Insecurity Tied to Employment Practices – New York Times
Whatever happened to the Brics? – Gavyn Davies
How to Make Investing Simpler – The New York Times
Francis Excoriates Global Capitalism – The New York Times
Service labour market: The engine of growth and inequality – Vox EU
Alpha, Beta, ECB independence, and Omega lender of last resort – Nick Rowe
The Information Content of the ALEC-Laffer-Moore-Williams Economic Outlook Ranking – Econbrowser

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Economy News July 20th 2015

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