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TheMoneyIllusion » Income and wealth inequality data: Nonsense on stilts TheMoneyIllusion » What do we mean by “economic reform?” The Arrival of Japan's Sunset | Gregor.us Why Americans Are the Weirdest People in the World When is a cash equivalent not a cash equivalent? - Towards a leisure society ECB should punish bad policy with inflation not recession. Joining the Establishment, UK NGDP targeting edition | FT Alphaville Some early morning Bean on NGDP | FT Alphaville Stumbling and Mumbling: Chesterton, & inflation How Labour got lost in Eastleigh's unplanned sprawl | Owen Hatherley | Comment is free | guardian.co.uk Why negative interest rates are a bad idea, by Capital Economics | FT Alphaville On negative interest rates and hoarding | FT Alphaville The Last Word: ‘Jedi mind tricks’ and Ben Bernanke This is not 1994 | FT Alphaville aer.91.5.1594 TheMoneyIllusion » Supply-side success in Britain Doug Short GDP Chart - Business Insider TheMoneyIllusion » Recalculation in Iceland Are we living in the early 19th century? Are We in Danger of a Beer Monopoly? - NYTimes.com Welcome to Peak Capitalism | Macrofugue Analytics Bruegel - The Brussels-based think tank | blog > Detail The more things change… A few reasons to be optimistic about the U.S. economy What Works: The government's NICE new idea » Spectator Blogs More on the spot and forward price commodity disconnect | FT Alphaville xkcd: Borders TheMoneyIllusion » Someone help me write a model TheMoneyIllusion » Some graphs TheMoneyIllusion » My Role Model, George Warren TheMoneyIllusion » FAQs The Financial Crisis of 2007–9 and the British Experience - Dimsdale - 2009 - Oxonomics - Wiley Online Library When the facts change, should I change my mind? David Cameron's very own magic money tree | Richard Seymour | Comment is free | guardian.co.uk On stabilising the gold price | FT Alphaville Labour markets: The "quasi-structural" unemployment issue | The Economist 10yrvsSP.png (PNG Image, 640 × 344 pixels) Guaranteed Income & Auction The Unemployed | As it should & ought to be... The Mid Staffs scandal was inevitable from the day Bevan created the NHS | Geoffrey Wheatcroft | Comment is free | The Guardian Rape investigations 'undermined by belief that false accusations are rife' | Society | The Guardian Stumbling and Mumbling: The state & growth: what's the mechanism? Stumbling and Mumbling: Supply-side socialism Will Marx be proved right? - Glyn - 2006 - Oxonomics - Wiley Online Library Stumbling and Mumbling: On financial balances Greece would face dire consequences from a euro exit – as its electorate knows | Business | The Observer TheMoneyIllusion » Your mission, should you decide to accept it … A new era for gold? | FT Alphaville The ultimate sign of recovery – no reason to freak out about higher bond yields | The Market Monetarist Kuroda Brings Oxford Mindset After Chicago-Alum Shirakawa - Bloomberg Investors Chronicle - Monetary policy not the answer Why did the Office for Budget Responsibility get its forecasts wrong? | Ben Chu | Independent Eagle Eye Blogs How to Fix America's Wealth Inequality: Teach Americans to Be Cheap - Noah Smith - The Atlantic Noahpinion: The Left and wages Why it's time to stop the generational jihad » Spectator Blogs Xanatos Gambit - Television Tropes & Idioms Should the top tax rate be 73 percent? Twitter / GarettJones: Workers mostly build ... Chris Blattman's Blog: Holy evaluation Lessons of 1000 years of trade history | vox Worthwhile Canadian Initiative: Fiscal policy with Old and New Keynesian IS curves With enemies like these, Michael Gove doesn't need friends – Telegraph Blogs Budget 2013: Six Scary Graphs » Spectator Blogs Technological improvements lead to tight money. It's the Dispersion Stupid: Why Men Don't Go to College | Beat the Press Late Marriage and Its Consequences - NYTimes.com Dan Quayle Was Right - Barbara Dafoe Whitehead - The Atlantic Obamacare’s five biggest challenges At-home mothers should stay out of childcare debate | Catherine Bennett | Comment is free | The Observer George Osborne's Plan C: invest all your hopes in a Canadian | Andrew Rawnsley | Comment is free | The Observer Third World poverty is on the run - Telegraph How paper currency is holding the US recovery back – Quartz Noahpinion: Markets in almost nothing Does Larry Summers actually know what's talking about when it comes to the UK economy? – Telegraph Blogs George Monbiot – More Cuts Please 21 graphs that show America’s health-care prices are ludicrous Slide 1 - 2012iFHPPriceReportFINALMarch25.pdf Is the end of the oil era nigh? | FT Alphaville Wall Street and the Housing Bubble The response to Mid Staffordshire: So do we now all agree on what ‘care’ means? - Comment - Voices - The Independent What I overheard on the Tube tells me Gove is making the right enemies - Comment - Voices - The Independent You didn’t make the Harlem Shake go viral—corporations did – Quartz Housing scarcity is bad for homeowners. JSTOR: The Economic History Review, New Series, Vol. 6, No. 1 (1953), pp. 1-15 1 | A New Map Of The U.S., Created By How Our Dollar Bills Move | Co.Exist: World changing ideas and innovation Newspapers, Delivered by Drone? - Megan Garber - The Atlantic Have We Innovated Our Way to Stagnation? | The Ümlaut The great tax swindle | Gavin Kelly | Comment is free | The Guardian Stimulus and reform go well together. The thinning out of the labor market middle Research Report Template - uk_welfare_act_2012-008032_RPT.pdf Watch out: the robots are going to take your job – not – Telegraph Blogs TheMoneyIllusion » DeLong isn’t as wrong as he thinks he is TheMoneyIllusion » Zero fiscal multiplier, Ed Balls edition Worthwhile Canadian Initiative: Modern LM curves are vertical Progress. Money is Memory - Kocherlakota_jet98.pdf Bitcoin as fiat | FT Alphaville Et in Cushing ego | FT Alphaville Inflating the output gap at the BoE | FT Alphaville China, Destroyer-of-Worlds - Forbes Why the U.S. helps defend South Korea and what can go wrong TheMoneyIllusion » Money and output (The musical chairs model) Not the Treasury view...: The (economic) objectives of immigration policy: a dialogue with Martin Wolf Noahpinion: A world without macroeconomists? A look back at Margaret Thatcher’s economic record Consumption taxation: A good idea, but hard in practice. TheMoneyIllusion » There is no “paradox of thrift,” and even if there were it wouldn’t matter . . . Margaret Thatcher in six graphs » Spectator Blogs Daily chart: Thatcher's legacy | The Economist The economic legacy of Mrs Thatcher | vox Competition cured the “British disease” | vox Robots, China and demographics | FT Alphaville Another way of thinking about the European economic collapse TheMoneyIllusion » Living standards: The CPI vs BU dorms TheMoneyIllusion » Four saving fallacies TheMoneyIllusion » Hawtrey discovers monetary offset and the zero multiplier back in 1925 The economics of video games Muslim leaders: Anglo-imamania | The Economist 1979: When a Historic Shift went unnoticed | Data Stories This economic theory was born in the blogosphere and could save markets from collapse – Quartz The riddle of Europe’s single currency with many values - FT.com Five charts that will make you feel better about paying your taxes Conservative claims about benefits are not just spin, they're making it up | Declan Gaffney and Jonathan Portes | Comment is free | guardian.co.uk jel.37.4.1661 “The Boldest Measures are the Safest” | John Rentoul | Independent Eagle Eye Blogs What did privatisation do for us? - Centre for Policy Studies Inflation and owner-occupied housing. Taylor Swift collaborator: Pop country singer is a songwriter in her own right, but also a collaborator. TheMoneyIllusion » Response to Matt Yglesias’ challenge Hamish McRae: Events have overtaken inflation targets - Hamish McRae - Business Comment - The Independent Brad DeLong : Fiscal Policy as Stabilization Policy: What Do We Think Now That We Did Not Think in 2007?: Laura D'A. Tyson and J. Bradford DeLong: April 17, 2013 V25N1P117_121.pdf Investors Chronicle - Why recessions matter Why Choosing to Make Less Money Is Easier Than Ever | The Ümlaut TheMoneyIllusion » Spot the flaw in nominal index futures targeting What If This Is As Good As It Gets: Financial Stability Edition - Forbes “Fragile by design” – the political causes of banking crisis | The Market Monetarist City air Breaking bad inflation expectations | FT Alphaville wu_lemin_berkeley_job_talk_challenging_malthus.pdf George W. Bush legacy: It's not all bad. Jonathan Haskel's Blog: US and UK intangibles The U.S. oil and gas boom has had a modest economic impact — so far Monetary policy: How does inflation matter? | The Economist The decline of the oil spot market? | FT Alphaville Renting in Europe | FT data Fiscal pump-priming averts UK triple-dip – Telegraph Blogs re: The Auditors » Blog Archive » Top Ten Things Lawyers Should Know About Auditors Personal note re. Twitter comms - Towards a leisure society The report the Department for Education does NOT want you to read » Spectator Blogs Making Mordor’s Economy Work | Centives Greatest Hits | Centives “Not growing inequality” | John Rentoul | Independent Eagle Eye Blogs Observations on search theory in modern macro and in blogosphere macro Can public sector austerity coincide with private sector austerity? – Telegraph Blogs New Paper Links Food Price Inflation to the Power of “Agro-Trader Nexus” (ie, Monsantos + Cargills) « naked capitalism TheMoneyIllusion » Mistakes were made: Foote, Gerardi, and Willen demolish the “Inside Job” hypothesis Happy May Day, Capitalist Workers - Bloomberg Development in Africa: Growth and other good things | The Economist Deep thoughts on civilisation from Jeremy “Hari Seldon” Grantham | FT Alphaville It’s not a liquidity crisis, it’s an energy crisis stupid | FT Alphaville Paul Krugman, Deficit Hawk | uneconomical Worthwhile Canadian Initiative: Monetary stimulus vs financial stability is a false trade-off The UK internet boom that blows apart economic gloom - Telegraph The Economics of Social Status How Much Does Medicaid Improve Well-Being? - Megan McArdle - The Atlantic IFS - Where do you fit in? wp1024.pdf TheMoneyIllusion » Why I don’t like IS-LM (reply to DeLong) TheMoneyIllusion » Did Krugman UNDERSTATE the fiscal multiplier? TheMoneyIllusion » April jobs number: Bye Bye Keynesian multiplier Applying Krugmanian Lessons to the 1990s Worthwhile Canadian Initiative: Macroeconomics when all goods are non-rival Wildling egalitarianism: Why bad weather leads to more economic equality. Not the Treasury view...: The pasty tax could pay for a £30 billion infrastructure programme: four charts show why history will judge us harshly Cette théorie née sur internet et qui pourrait sauver l’économie | Atlantico Census 2011: Decade that changed the face of the UK and in London less than half are white British | Mail Online 81.2012_broadberry.pdf Our Misleading Measure of Income and Wealth Inequality: The Standard Gini Coefficient « naked capitalism Factcheck: Did the authorities miss 500,000 Eastern Europeans immigrants? | Full Fact Krugman´s bias | Historinhas Stumbling and Mumbling: A case for inequality? Inequality and Riots – Experimental Evidence by Klaus Abbink, David Masclet, Daniel Mirza :: SSRN Stumbling and Mumbling: Age, luck & unearned privilege Stumbling and Mumbling: Biased news Arnold Kling, State, Clan, and Liberty | Library of Economics and Liberty How knowledge makes you stupid TheMoneyIllusion » How the Keynesians miss the bigger picture More money, more self-reported satisfaction, but not more happiness… | FT Alphaville TheMoneyIllusion » How the Keynesians miss the bigger picture Radical Centrism and the Return of Ricardo | This is Ashok. Questions that are rarely asked (from the comments) Brad DeLong : Moby Ben, or, The Washington Super-Whale: Hedge Fundies, the Federal Reserve, and Bernanke-Hatred Monkey beats man on stock market picks - FT.com Escaping liquidity traps: Lessons from the UK’s 1930s escape | vox Behavioral Macro - There is zero correlation between the Fed printing and the money supply. Deal with it. Social networks as evolutionary game theory | FT Alphaville Why Old Keynesianism is looking worse these days, and other thoughts It Takes a Regime Shift Written.pdf Risk goes on, Risk goes off | FT Alphaville Prisoner rehabilitation: The Peterborough principles | The Economist Can monetary policy offset fiscal tightening? (with tweets) · tomashirstmoney · Storify Abenomics mystery: Is it working or not? tumblr_mmvpkkFrGT1qdlh1io1_250.gif (GIF Image, 250 × 183 pixels) Inflation propaganda infomercial MGM - 1933 - YouTube Mark Carney will follow the Fed, not the Bank of Japan | Gavyn Davies Triffin's Dilemma and the Global Safety Shortage Central Bank Competence Is A Technology - Forbes NHS: Poles, paracetamol and the myth of health tourism | Comment is free | The Guardian TheMoneyIllusion » Money isn’t “easy”– A rant Capital gains fuel visions of a breakaway London - FT.com Twitpic - Share photos and videos on Twitter Pump up, debase | FT Alphaville A modest proposal for post-Chavez monetary reform in Venezuela | The Market Monetarist Soviet Sports and the Efficiency of Central Planning by Daniel Sutter, Daniel Smith :: SSRN Why the Right could doom welfare reform - Telegraph Jeremy Hunt's blundering blaming of GPs makes for bad politics | Polly Toynbee | Comment is free | The Guardian Natural-field dictator game shows no altruistic giving Charts That Will Restore Your Faith In Humanity - Business Insider BRICS risk 'sudden stop' as dollar rally builds - Telegraph Japan badly needs structural reforms, but not more than the rest of the G7 countries | The Market Monetarist The Option Value of Satisfying Work | The Ümlaut Unleash the Practitioners | Adam Gurri The Dogma of Central Banking | The Ümlaut Boston Review — Pranab Bardhan: Little, Big When The Saints Come Marching In: Effects of Hurricanes Katrina and Rita on Student Evacuees TheMoneyIllusion » Anti-Keynesians and market monetarists Why high prices, not low wages, are central to understanding Britain’s productivity puzzle - Quartz TheMoneyIllusion » Magnetic Hill, and the mystery of the jobless recoveries Dr Steven Allder: My cure for the NHS - Telegraph Hospitals Struggle to Get Workers to Wash Their Hands - NYTimes.com Noahpinion: DSGE + financial frictions = macro that works? The NHS is sick, but there are cures to hand - Telegraph Astonishing Numbers: America's Poor Still Live Better Than Most Of The Rest Of Humanity - Forbes mainly macro: Austerity, Nominal GDP targets and the Zero Lower Bound Worthwhile Canadian Initiative: Monopolistic Competition vs the Plucking Model The Swedish shock wave is a lesson. We could have unrest here without action on jobs - Comment - Voices - The Independent School Teachers Believe One In Two Brain Myths | Psychology Today Comment: Down with meritocracy | Politics | The Guardian Grammar schools and the myth of social mobility – Telegraph Blogs What have inventories got to do with QE? | FT Alphaville What does Miliband mean by the "structural" welfare bill? Hacking into the Indian Education System - On the Stepping Stone - Quora Ezra Klein Profile: Wonkblog's Wise Boy Cannot Be Stopped | New Republic Brad DeLong : We Are Not the 90%... Slut-shaming study: Women discriminate against promiscuous women, but so do men. Cowen Seeing Weak Growth Makes ‘Great Stagnation’ Hotly Debated Bestseller - Bloomberg Human sacrifice, the original negative interest rate | FT Alphaville Monetary policy: The zero lower bound in our minds | The Economist Cameron & Wallace.pmd - 479.full.pdf How good was Pinochet for the Chilean economy? Conservative radicalism can go too far - Telegraph Lack of clarity about Labour’s spending plans | John Rentoul | Independent Eagle Eye Blogs Katrina’s Silver Lining Stock market wags economy, or not? | FT Alphaville Poor U.S. Scores in Health Care Don’t Measure Nobels and Innovation - New York Times Dear Mr Carney … Memos to the new Bank of England governor - Baker - 2013 - Public Policy Research - Wiley Online Library How Mervyn King Lost the Battle of Britain’s Banks - Simon Nixon - WSJ 2013_06_05.pdf If the Government's ruining law, the solution is not more Government Mervyn King has turned our leaders into zombie puppets | Simon Jenkins | Comment is free | The Guardian Fiscalists vs market monetarists, a bloggy taxonomy | FT Alphaville Noahpinion: In defense of private equity: Japan. Part 2: Pieria Debate on the UK Productivity Puzzle The Hong Kong Experiment | Hoover Institution