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Институт нового экономического мышления
04 июля, 14:30

10 July Fourth Reads

My July Fourth celebratory holiday reads: • The real reason Tesla is worth more than GM (MIT Technology Review) see also Where Stuff Gets Made in the U.S. of A. (Bloomberg) • Kansas or California? (Project-syndicate) • U.S. Jobs Data Aren’t Fake (Barron’s) but see also Jim Chanos: U.S. Economy is Worse Than You Think (Institute for New Economic Thinking) • How… Read More The post 10 July Fourth Reads appeared first on The Big Picture.

13 июня, 22:02

Links for 06-13-17

Their Own Private Pyongyang - Paul Krugman Reagan to the power of ten - Thomas Piketty A President at War With His Fed Chief, 5 Decades Before Trump - NYTimes Can US States Right Trump’s Wrongs? - Barry Eichengreen The...

08 июня, 19:28

Links for 06-08-17

Nobel Laureates Give Advice to Young Economists - YouTube When Trotsky (Temporarily) Embraced Prices and Markets - Tim Taylor Why has the US resisted Trump but the UK acquiesced to Brexit? - mainly macro Why Talk of Bank Capital ‘Floors’...

27 мая, 10:06

Links for 05-27-17

The Future of Education and Lifelong Learning - Brad DeLong The Question Is Why is Wage Growth So High - New York Times Proliferation of hate and intolerance - Understanding Society Algorithmic Pricing and Competition: - Tim Taylor May's groupthink...

21 мая, 12:25

The New Normal: Demand, Secular Stagnation and the Vanishing Middle-Class

Discusses twin diseases stymieing US middle-class-- secular stagnation and the polarization of jobs and incomes-- and potential policy cures.

20 мая, 10:06

Links for 05-20-17

Is big government bad for freedom, society, and happiness? - Lane Kenworthy Economic Forecasting Is Still Broken - Narayana Kocherlakota The Connection Between Finance and Politics - ProMarket Bad Optics: the Fed's Balance Sheet Edition - David Beckworth Assessing the...

19 мая, 18:48

After Piketty panel at the Graduate Center, CUNY (video) | Equitable Growth

**Must-Watch: Heather Boushey et al.**: _"After Piketty" panel at the Graduate Center, CUNY_: "Heather Boushey, Paul Krugman, Branko Milanovic, and Salvatore Morelli discuss After Piketty at the Graduate Center of CUNY on May 11, 2017. _After Piketty: The Agenda for Economics and Inequality_ ---- ---- **Janet Gornick**: Good evening. Welcome to the Graduate Center at the City University of New York. My name is Janet Gornick. I am professor of political science and sociology here at the Graduate Center, and Director of the Stone Center on Socio-Economic Inequality. The Stone Center is a research center here focused on the study of income and wealth disparities. Among our many activities is housing the United States Office of LIS, the cross-national data archive located in Luxembourg. The Stone Center is co-sponsoring this evening's event. In my role as director, I have the pleasure of welcoming all of you. And to those of you watching the livestream, thanks for joining us. We convene this evening for a conversation about a new book titled _After Piketty: The Agenda for Economics and Inequality_. In this volume the authors of 22 essays reflect on the enormously influential book by Thomas Piketty, _Capital in the 21st Century_,...

01 мая, 03:08

Links for the Week of April 30, 2017

**Must-Reads:** * **Branko Milanovic**: _El Super Clasico: Trade and Technology Duke It Out at CUNY_: "The panelists seemed to agree... * **Heather Boushey, Brad DeLong and Marshall Steinbaum**: _Equitable Growth in Conversation_: **Marshall Steinbaum**: "I think the key question... in Piketty terms [is]... * **Gauti Eggertsson, Neil Mehrotra, and Jacob A. Robbins**: _To accommodate or not: The Federal Reserve’s new normal_ : "Current [monetary] policy may be at or close to the natural rate... * **INET**: _Education Initiative_: "We are thrilled that you are joining us at the Berkeley Spring 2017 Education Convening, Friday, April 28th 9am-5pm Blum Hall, B100 #5570, Berkeley, CA 94720-5570... * **Matthew Yglesias**: _If you really respect Trump voters, tell them the truth_: "A wave of recent columns argue that what Trump superfans... * **Ezra Klein**: _The GOP’s biggest health care achievement has been making Obamacare more popular_: "It is bizarre watching House Republicans persuade themselves that the problem they face on health care... ---- **Should-Reads:** * **Adam Tooze**: _Reviewing ‘How Will Capitalism End?’ by Wolfgang Streeck_: "Streeck draws urgent practical conclusions... * **Arindrajit Dube**: _Minimum wages and the distribution of family incomes in the United States_: "I find robust evidence that higher minimum wages lead...

30 апреля, 03:04

Procrastinating on April 29, 2017

**Over at [Equitable Growth](http://EquitableGrowth.org): Must- and Should-Reads:** * **Trade, Jobs, and Inequality | Equitable Growth** * **What Can Be Done to Improve the Episteme of Economics? | Equitable Growth** * **Branko Milanovic**: _El Super Clasico: Trade and Technology Duke It Out at CUNY_: "The panelists seemed to agree... * **Trade, Jobs, and Inequality** : "CUNY :: The Graduate Center :: 365 Fifth Avenue :: C200: Proshansky Auditorium :: April 26, 2017: 6:30 PM ... * **INET**: _Education Initiative_: "We are thrilled that you are joining us at the Berkeley Spring 2017 Education Convening, Friday, April 28th 9am-5pm Blum Hall, B100 #5570, Berkeley, CA 94720-5570... * **Peter Ganong and Pascal Noel**: _Consumer spending during unemployment: Positive and normative implications_: "We study... unemployment insurance... using de-identified data from nearly 200,000 bank accounts... * **Nisha Chikhale**: _The importance of unemployment benefits for protecting against income drops_: "Jesse Rothstein... and Robert Valletta... the role that unemployment insurance plays in supporting family incomes... * **Dietrich Vollrath**: _Topics in Economic Growth_: "I just created some new pages... * **Nick Bunker**: _Weekend reading: “Link pass-through entity” edition | Equitable Growth_: "Arindarjit Dube summarizes his recent research on the effect of minimum wage hikes on family incomes... ----...

25 апреля, 18:56

What Can Be Done to Improve the Episteme of Economics?

Brad DeLong: What Can Be Done to Improve the Episteme of Economics?: I think this is needed: INET: Education Initiative: "We are thrilled that you are joining us at the Berkeley Spring 2017 Education Convening, Friday, April 28th 9am-5pm Blum...

25 апреля, 18:47

What Can Be Done to Improve the Episteme of Economics?

I think this is needed: **INET**: _Education Initiative_: "We are thrilled that you are joining us at the Berkeley Spring 2017 Education Convening, Friday, April 28th 9am-5pm Blum Hall, B100 #5570, Berkeley, CA 94720-5570... >...Sign up here: or email [email protected].. I strongly share INET's view that things have gone horribly wrong, and that it is important to listen, learn, and brainstorm about how to improve economics education. Let me just note six straws in the wind: 1. **The macro-modeling discussion is wrong:** The brilliant Olivier Blanchard : "The current core... RBC (real business cycle) structure [model] with one main distortion, nominal rigidities, seems too much at odds with reality.... Both the Euler equation for consumers and the pricing equation for price-setters seem to imply, in combination with rational expectations, much too forward-lookingness.... The core model must have nominal rigidities, bounded rationality and limited horizons, incomplete markets and the role of debt..." 2. **The macro-finance discussion is wrong:** The efficient market hypothesis (EMH) claimed that movements in stock indexes were driven either by (a) changing rational expectations of future cash flows or by (b) changing rational expectations of interest rates on investment-grade bonds, so that expected returns were either (a) unchanged...

25 апреля, 18:29

Без заголовка

**Must-Read:** Friday 9-5 pm: Blum Center: U.C. Berkeley: INET says: learn, share, and brainstorm about concrete future endeavors in broad-church post-secondary economics education. I strongly share INET's view that things are seriously wrong... Sign up here: or email [email protected].. **INET**: _Education Initiative_: "We are thrilled that you are joining us at the Berkeley Spring 2017 Education Convening, Friday, April 28th 9am-5pm Blum Hall, B100 #5570, Berkeley, CA 94720-5570... >...We are convening students and professors who are interested in broadening economics education.... Our goals are to learn more about prevailing needs, pool and share existing pluralist curriculums, and brainstorm the architecture and direction of concrete future endeavors in post-secondary economics education. The economics discipline is in disrepair: publicly discredited, theoretically narrow, and academically constrained. Economics education reflects these flaws.... INET is gathering people in the academic economics community in convenings across the U.S. to better understand the challenges and resources faced by those working to reinvigorate the economics discipline. >Invitations are extended to: pre- and non-tenure faculty, including adjuncts; undergraduate and graduate students; experienced faculty actively engaged in pluralist education.... The convenings will be group-led, facilitated, full-day workshops.... These convenings are an exploratory process for INET. We have not made any...

21 апреля, 10:06

Links for 04-21-17

Prudential regulation, capital controls, and second-best - Dani Rodrik Regulators Accuse Subprime Mortgage Servicer of Years of Abuses - NYTimes Evidence-Based Policy in Antitrust - ProMarket America is Regressing into a Developing Nation for Most People - INET Want to...

20 апреля, 06:00

Earth 2.0: Is Income Inequality Inevitable?

In pursuit of a more perfect economy, we discuss the future of work; the toxic remnants of colonization; and whether giving everyone a basic income would be genius — or maybe the worst idea ever. The post Earth 2.0: Is Income Inequality Inevitable? appeared first on Freakonomics.

13 апреля, 06:00

Earth 2.0: What Would Our Economy Look Like?

If we could reboot the planet and create new systems and institutions from scratch, would they be any better than what we’ve blundered our way into through trial and error? This is the first of a series of episodes that we’ll release over several months. Today we start with — what else? — economics. You’ll hear from Nobel laureate Angus Deaton, the poverty-fighting superhero Jeff Sachs; and many others. The post Earth 2.0: What Would Our Economy Look Like? appeared first on Freakonomics.

21 марта, 07:42

Links for 03-21-17

Robot Geometry (Very Wonkish) - Paul Krugman Market Power Probably Contributes to Inequality - ProMarket 1965: The Year the Fed and LBJ Clashed - FRBRichmond Is the Internet Causing Political Polarization? - NBER The Mechanical Turn in Economics and Its...

02 марта, 09:32

Links for 03-02-17

Coal Is A State Of Mind - Paul Krugman Why are peer reviews private? - Digitopoly Apprenticeship and the rise of Europe - VoxEU A reply to Lawrence White - MacroMania How colonial railroads defined Africa’s economic geography - VoxEU...

28 февраля, 11:06

Links for 02-28-17

A correction to my farewell to Kenneth Arrow - Larry Summers Social media, political donations and incumbency advantage in the US - VoxEU Kenneth Arrow Part II: The Theory of General Equilibrium - A Fine Theorem Global Financial Market Integration...

28 февраля, 10:03

Complexity: A new approach to economic challenges

William Hynes, OECD New Approaches to Economic Challenges (NAEC) initiative The OECD launched its “New Approaches to Economic Challenges” (NAEC) initiative in 2012 to reflect on the lessons for economic analysis and policymaking from the financial crisis and Great Recession. European Central Bank Governor Jean-Claude Trichet said that: “as a policy-maker during the crisis, I […]

13 февраля, 08:00

Богатые люди в США готовятся к катастрофе

Стив Хаффман, 33-летний соучредитель и гендиректор сайта Reddit, который оценивается в 600 миллионов долларов, до ноября 2015 года страдал от близорукости, пока не решился на лазерную коррекцию зрения. Процедуру он перенес не ради удобства или внешности, а, скорее, по причине, которую он обычно не афиширует: он надеется, что это улучшит его шансы на выживание после […]

06 мая 2015, 19:50

Йеллен: ценовые уровни рынка США "довольно высоки"

Председатель ФРС США Джанет Йеллен предупредила о потенциальных рисках, связанных с повышенными ценовыми уровнями американского фондового рынка.