Economy News August 7th 2015

Demographic pressure is driving demand in the US housing market
The Pied Piper of Doom and The Automatic Earth: commodity collapse edition
July jobs report: good, but evidence that this expansion is in its 6th or 7th inning
Why has real median household income declined in the prime working age demographic? It doesn’t look like lack of jobs
Paul Krugman: From Trump on Down, the Republicans Can’t Be Serious
‘Job Growth Remains Strong in July’
‘Inventing Prizes: A Historical Perspective on Innovation Awards and Technology Policy’
Links for 08-07-15
‘Buying Locally’
‘The Declining Impact of U.S. Income Taxes on Wealth Inequality’
‘Unwavering Fealty to a Failed Theory’
Links for 08-06-15
Should the Christensen Self-Disruption Playbook Be Thrown Out?
‘I’m Not Denying That Trump is a Clown, but Given his Party’s Field, That’s Not a Distinctive Judgment’
‘The Sad Death of Free Market Pessimism’
Links for 08-05-15
‘Sarcasm and Science’
‘The US Financial Sector in the Long-Run: Where are the Economies of Scale?’
Fed Watch: Gearing Up For Employment Day
Links for 08-04-15
‘Are All Tax Increases a Bad Thing?’
‘Is Deficit Fetishism Innate or Contextual?’
Paul Krugman: America’s Un-Greek Tragedies in Puerto Rico and Appalachia
‘The Revolt Against the Ruling Class’
Links for 08-03-15
‘Freshwater’s Wrong Turn’
‘The Myth of Mobility’
Links for 08-02-15
‘Lehman Brothers Once Again…’
Privatization
‘Microfoundations 2.0?’
Links for 08-01-15
‘There May be a Complex Market Living in Your Gut ‘
Paul Romer: Freshwater Feedback on Mathiness
Pictures of Austerity
‘U.S. Paychecks Grow at Record-Slow Pace’
Video: NBER Feldstein Lecture by Alan Krueger on Labor Force Participation
Paul Krugman: China’s Naked Emperors
Links for 07-31-15
Fed Watch: GDP Report
‘Dentists and Skin in the Game’
Higher-Than-Expected Second Quarter Growth
Links for 07-30-15
Fed Watch: FOMC Recap
What Is ‘Price Theory’?
FOMC Press Release
‘Using Math to Obfuscate — Observations from Finance
‘Spare Tire? Stock Markets, Banking Crises, and Economic Recoveries’
‘Second-best Macroeconomics’
Links for 07-29-15
The Politics of Economics and ‘Very Serious People’
‘Should Central Bankers Stick to Talking about Monetary Policy?’
Is Content Aggregation Harmful?
‘Are We Overestimating Inflation (Again?)’

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Economy News August 7th 2015

Economy News August 6th 2015

Swedish Privatization of Education Fails
Not A DSGE Model
What Wouldn’t be a Dynamic-Stochastic General-Equilibrium model?
The Challenges of the Greek Crisis
Former Fed Analyst says Fed should have raised rates a long time ago
Is trade zero-sum between workers in different countries?
Global Liquidity and U.S. Monetary Policy
The F story about the Great Inflation (knowledge transmission)
The current “gangbusters” wealth effect on consumption
DeLong and Baker discuss two bubbles and two recessions
Why has real median household income declined in the prime working age demographic? It doesn’t look like lack of jobs
Why the Chinese stock market is likely to affect the US housing market
BLS: actually, excluding incentive pay, wages grew at +.6% in both Q1 and Q2
‘The Declining Impact of U.S. Income Taxes on Wealth Inequality’
‘Unwavering Fealty to a Failed Theory’
Links for 08-06-15
Should the Christensen Self-Disruption Playbook Be Thrown Out?
‘I’m Not Denying That Trump is a Clown, but Given his Party’s Field, That’s Not a Distinctive Judgment’
‘The Sad Death of Free Market Pessimism’
Links for 08-05-15
‘Sarcasm and Science’
‘The US Financial Sector in the Long-Run: Where are the Economies of Scale?’
Fed Watch: Gearing Up For Employment Day
Links for 08-04-15
‘Are All Tax Increases a Bad Thing?’
‘Is Deficit Fetishism Innate or Contextual?’
Paul Krugman: America’s Un-Greek Tragedies in Puerto Rico and Appalachia
‘The Revolt Against the Ruling Class’
Links for 08-03-15
‘Freshwater’s Wrong Turn’
‘The Myth of Mobility’
Links for 08-02-15
‘Lehman Brothers Once Again…’
Privatization
‘Microfoundations 2.0?’
Links for 08-01-15
‘There May be a Complex Market Living in Your Gut ‘
Paul Romer: Freshwater Feedback on Mathiness
Pictures of Austerity
‘U.S. Paychecks Grow at Record-Slow Pace’
Video: NBER Feldstein Lecture by Alan Krueger on Labor Force Participation
Paul Krugman: China’s Naked Emperors
Links for 07-31-15
Fed Watch: GDP Report
‘Dentists and Skin in the Game’
Higher-Than-Expected Second Quarter Growth
Links for 07-30-15
Fed Watch: FOMC Recap
What Is ‘Price Theory’?
FOMC Press Release
‘Using Math to Obfuscate — Observations from Finance
‘Spare Tire? Stock Markets, Banking Crises, and Economic Recoveries’
‘Second-best Macroeconomics’
Links for 07-29-15
The Politics of Economics and ‘Very Serious People’
‘Should Central Bankers Stick to Talking about Monetary Policy?’
Is Content Aggregation Harmful?
‘Are We Overestimating Inflation (Again?)’
Links for 07-28-15
Paul Krugman: Zombies Against Medicare
‘Poor Little Rich Kids? The Determinants of the Intergenerational Transmission of Wealth’
‘Debt Miracle: Why the Country that Borrowed the Most Industrialized First’
Links for 07-27-15

Economy News August 6th 2015

Economy News August 5th 2015

Not A DSGE Model
What Wouldn’t be a Dynamic-Stochastic General-Equilibrium model?
The Challenges of the Greek Crisis
Former Fed Analyst says Fed should have raised rates a long time ago
Is trade zero-sum between workers in different countries?
Global Liquidity and U.S. Monetary Policy
The F story about the Great Inflation (knowledge transmission)
The current “gangbusters” wealth effect on consumption
DeLong and Baker discuss two bubbles and two recessions
Krugman forgets his own past?
Should the Christensen Self-Disruption Playbook Be Thrown Out?
‘I’m Not Denying That Trump is a Clown, but Given his Party’s Field, That’s Not a Distinctive Judgment’
‘The Sad Death of Free Market Pessimism’
Links for 08-05-15
‘Sarcasm and Science’
‘The US Financial Sector in the Long-Run: Where are the Economies of Scale?’
Fed Watch: Gearing Up For Employment Day
Links for 08-04-15
‘Are All Tax Increases a Bad Thing?’
‘Is Deficit Fetishism Innate or Contextual?’
Paul Krugman: America’s Un-Greek Tragedies in Puerto Rico and Appalachia
‘The Revolt Against the Ruling Class’
Links for 08-03-15
‘Freshwater’s Wrong Turn’
‘The Myth of Mobility’
Links for 08-02-15
‘Lehman Brothers Once Again…’
Privatization
‘Microfoundations 2.0?’
Links for 08-01-15
‘There May be a Complex Market Living in Your Gut ‘
Paul Romer: Freshwater Feedback on Mathiness
Pictures of Austerity
‘U.S. Paychecks Grow at Record-Slow Pace’
Video: NBER Feldstein Lecture by Alan Krueger on Labor Force Participation
Paul Krugman: China’s Naked Emperors
Links for 07-31-15
Fed Watch: GDP Report
‘Dentists and Skin in the Game’
Higher-Than-Expected Second Quarter Growth
Links for 07-30-15
Fed Watch: FOMC Recap
What Is ‘Price Theory’?
FOMC Press Release
‘Using Math to Obfuscate — Observations from Finance
‘Spare Tire? Stock Markets, Banking Crises, and Economic Recoveries’
‘Second-best Macroeconomics’
Links for 07-29-15
The Politics of Economics and ‘Very Serious People’
‘Should Central Bankers Stick to Talking about Monetary Policy?’
Is Content Aggregation Harmful?
‘Are We Overestimating Inflation (Again?)’
Links for 07-28-15
Paul Krugman: Zombies Against Medicare
‘Poor Little Rich Kids? The Determinants of the Intergenerational Transmission of Wealth’
‘Debt Miracle: Why the Country that Borrowed the Most Industrialized First’
Links for 07-27-15
‘The F Story about the Great Inflation’
Links for 07-26-15
‘The Rise in Obesity’

Economy News August 5th 2015

Economy News August 4th 2015

Why the Chinese stock market is likely to affect the US housing market
BLS: actually, excluding incentive pay, wages grew at +.6% in both Q1 and Q2
Working age real median household income (very nerdy)
Why last week's poor median wage report should set your hair on fire about the next recession
‘Sarcasm and Science’
‘The US Financial Sector in the Long-Run: Where are the Economies of Scale?’
Fed Watch: Gearing Up For Employment Day
Links for 08-04-15
‘Are All Tax Increases a Bad Thing?’
‘Is Deficit Fetishism Innate or Contextual?’
Paul Krugman: America’s Un-Greek Tragedies in Puerto Rico and Appalachia
‘The Revolt Against the Ruling Class’
Links for 08-03-15
‘Freshwater’s Wrong Turn’
‘The Myth of Mobility’
Links for 08-02-15
‘Lehman Brothers Once Again…’
Privatization
‘Microfoundations 2.0?’
Links for 08-01-15
‘There May be a Complex Market Living in Your Gut ‘
Paul Romer: Freshwater Feedback on Mathiness
Pictures of Austerity
‘U.S. Paychecks Grow at Record-Slow Pace’
Video: NBER Feldstein Lecture by Alan Krueger on Labor Force Participation
Paul Krugman: China’s Naked Emperors
Links for 07-31-15
Fed Watch: GDP Report
‘Dentists and Skin in the Game’
Higher-Than-Expected Second Quarter Growth
Links for 07-30-15
Fed Watch: FOMC Recap
What Is ‘Price Theory’?
FOMC Press Release
‘Using Math to Obfuscate — Observations from Finance
‘Spare Tire? Stock Markets, Banking Crises, and Economic Recoveries’
‘Second-best Macroeconomics’
Links for 07-29-15
The Politics of Economics and ‘Very Serious People’
‘Should Central Bankers Stick to Talking about Monetary Policy?’
Is Content Aggregation Harmful?
‘Are We Overestimating Inflation (Again?)’
Links for 07-28-15
Paul Krugman: Zombies Against Medicare
‘Poor Little Rich Kids? The Determinants of the Intergenerational Transmission of Wealth’
‘Debt Miracle: Why the Country that Borrowed the Most Industrialized First’
Links for 07-27-15
‘The F Story about the Great Inflation’
Links for 07-26-15
‘The Rise in Obesity’
‘The Old Man and the CPI’
Survey of Long-Term Interest Rates
Links for 07-25-15
‘Raise the Gas Tax Already’

Economy News August 4th 2015

Economy News August 3rd 2015

Working age real median household income (very nerdy)
Why last week's poor median wage report should set your hair on fire about the next recession
US Equity and Economic Review: Weaker Breadth Indicators, Edition
Are average Americans better off now than in 2008?
US Equity and Economic Review: Weaker Breadth Indicators, Edition
Paul Krugman: America’s Un-Greek Tragedies in Puerto Rico and Appalachia
‘The Revolt Against the Ruling Class’
Links for 08-03-15
‘Freshwater’s Wrong Turn’
‘The Myth of Mobility’
Links for 08-02-15
‘Lehman Brothers Once Again…’
Privatization
‘Microfoundations 2.0?’
Links for 08-01-15
‘There May be a Complex Market Living in Your Gut ‘
Paul Romer: Freshwater Feedback on Mathiness
Pictures of Austerity
‘U.S. Paychecks Grow at Record-Slow Pace’
Video: NBER Feldstein Lecture by Alan Krueger on Labor Force Participation
Paul Krugman: China’s Naked Emperors
Links for 07-31-15
Fed Watch: GDP Report
‘Dentists and Skin in the Game’
Higher-Than-Expected Second Quarter Growth
Links for 07-30-15
Fed Watch: FOMC Recap
What Is ‘Price Theory’?
FOMC Press Release
‘Using Math to Obfuscate — Observations from Finance
‘Spare Tire? Stock Markets, Banking Crises, and Economic Recoveries’
‘Second-best Macroeconomics’
Links for 07-29-15
The Politics of Economics and ‘Very Serious People’
‘Should Central Bankers Stick to Talking about Monetary Policy?’
Is Content Aggregation Harmful?
‘Are We Overestimating Inflation (Again?)’
Links for 07-28-15
Paul Krugman: Zombies Against Medicare
‘Poor Little Rich Kids? The Determinants of the Intergenerational Transmission of Wealth’
‘Debt Miracle: Why the Country that Borrowed the Most Industrialized First’
Links for 07-27-15
‘The F Story about the Great Inflation’
Links for 07-26-15
‘The Rise in Obesity’
‘The Old Man and the CPI’
Survey of Long-Term Interest Rates
Links for 07-25-15
‘Raise the Gas Tax Already’
‘What Is Wrong with the West’s Economies?’
‘The Housing Market Still Isn’t Rational’
Paul Krugman: The M.I.T. Gang
Links for 07-24-15
‘Socialism, American-Style’
‘Postsecondary Institutions Appear to have Surprisingly Similar Net Impacts on Student Growth’

Economy News August 3rd 2015

Economy News August 1st 2015

Weekly Indicators for July 27 31 at XE.com
International Economic Week in Review: Emerging Market Exodus, Edition
The Q2 stall in labor costs and part-time employment
International Economic Week in Review: Emerging Market Exodus, Edition
‘Lehman Brothers Once Again…’
Privatization
‘Microfoundations 2.0?’
Links for 08-01-15
‘There May be a Complex Market Living in Your Gut ‘
Paul Romer: Freshwater Feedback on Mathiness
Pictures of Austerity
‘U.S. Paychecks Grow at Record-Slow Pace’
Video: NBER Feldstein Lecture by Alan Krueger on Labor Force Participation
Paul Krugman: China’s Naked Emperors
Links for 07-31-15
Fed Watch: GDP Report
‘Dentists and Skin in the Game’
Higher-Than-Expected Second Quarter Growth
Links for 07-30-15
Fed Watch: FOMC Recap
What Is ‘Price Theory’?
FOMC Press Release
‘Using Math to Obfuscate — Observations from Finance
‘Spare Tire? Stock Markets, Banking Crises, and Economic Recoveries’
‘Second-best Macroeconomics’
Links for 07-29-15
The Politics of Economics and ‘Very Serious People’
‘Should Central Bankers Stick to Talking about Monetary Policy?’
Is Content Aggregation Harmful?
‘Are We Overestimating Inflation (Again?)’
Links for 07-28-15
Paul Krugman: Zombies Against Medicare
‘Poor Little Rich Kids? The Determinants of the Intergenerational Transmission of Wealth’
‘Debt Miracle: Why the Country that Borrowed the Most Industrialized First’
Links for 07-27-15
‘The F Story about the Great Inflation’
Links for 07-26-15
‘The Rise in Obesity’
‘The Old Man and the CPI’
Survey of Long-Term Interest Rates
Links for 07-25-15
‘Raise the Gas Tax Already’
‘What Is Wrong with the West’s Economies?’
‘The Housing Market Still Isn’t Rational’
Paul Krugman: The M.I.T. Gang
Links for 07-24-15
‘Socialism, American-Style’
‘Postsecondary Institutions Appear to have Surprisingly Similar Net Impacts on Student Growth’
Does Rising Wealth Buy Greater Happiness?
Links for 07-23-15
Historical Heights and Past Living Standards
‘You Can’t Reform Your Way to Rapid Growth’
‘Annoying Euro Apologetics’
Links for 07-22-15

Economy News August 1st 2015

Economy News July 31th 2015

The Challenges of the Greek Crisis
Former Fed Analyst says Fed should have raised rates a long time ago
Is trade zero-sum between workers in different countries?
Global Liquidity and U.S. Monetary Policy
The F story about the Great Inflation (knowledge transmission)
The current “gangbusters” wealth effect on consumption
DeLong and Baker discuss two bubbles and two recessions
Krugman forgets his own past?
The Oklahoma Republican Party calls Walmart and the mega-corporate fast-food and hospitality industries animals dependent on food stamps. And its chairman wants a national discussion about it. Oblige him, Democrats.
Scott Walker vs. the Walton Family and McDonald’s’ CEO
International Economic Week in Review: Emerging Market Exodus, Edition
The Q2 stall in labor costs and part-time employment
International Economic Week in Review: Emerging Market Exodus, Edition
Sorry, Doomers, there's still no sign of recession
Pictures of Austerity
‘U.S. Paychecks Grow at Record-Slow Pace’
Video: NBER Feldstein Lecture by Alan Krueger on Labor Force Participation
Paul Krugman: China’s Naked Emperors
Links for 07-31-15
Fed Watch: GDP Report
‘Dentists and Skin in the Game’
Higher-Than-Expected Second Quarter Growth
Links for 07-30-15
Fed Watch: FOMC Recap
What Is ‘Price Theory’?
FOMC Press Release
‘Using Math to Obfuscate — Observations from Finance
‘Spare Tire? Stock Markets, Banking Crises, and Economic Recoveries’
‘Second-best Macroeconomics’
Links for 07-29-15
The Politics of Economics and ‘Very Serious People’
‘Should Central Bankers Stick to Talking about Monetary Policy?’
Is Content Aggregation Harmful?
‘Are We Overestimating Inflation (Again?)’
Links for 07-28-15
Paul Krugman: Zombies Against Medicare
‘Poor Little Rich Kids? The Determinants of the Intergenerational Transmission of Wealth’
‘Debt Miracle: Why the Country that Borrowed the Most Industrialized First’
Links for 07-27-15
‘The F Story about the Great Inflation’
Links for 07-26-15
‘The Rise in Obesity’
‘The Old Man and the CPI’
Survey of Long-Term Interest Rates
Links for 07-25-15
‘Raise the Gas Tax Already’
‘What Is Wrong with the West’s Economies?’
‘The Housing Market Still Isn’t Rational’
Paul Krugman: The M.I.T. Gang
Links for 07-24-15
‘Socialism, American-Style’
‘Postsecondary Institutions Appear to have Surprisingly Similar Net Impacts on Student Growth’
Does Rising Wealth Buy Greater Happiness?
Links for 07-23-15
Historical Heights and Past Living Standards
‘You Can’t Reform Your Way to Rapid Growth’
‘Annoying Euro Apologetics’
Links for 07-22-15
Financial Regulation: Which Reform Strategy is Best?
‘This is What Economists Don’t Understand About the Euro Crisis – or the U.S. Dollar’
‘Farmers Markets and Food-Borne Illness’
Links for 07-21-15
‘AIIB: The First International Financial Institution of the 21st Century’
Paul Krugman: Europe’s Impossible Dream

Economy News July 31th 2015