Archive for the ‘New Posts’ Category

[UPDATED] Wages, productivity, progressive policies, and serial correlation: I weigh in on an important, interesting debate.

November 20th, 2017

UPDATE: See below, at the end of this post, for Anna Stansbury and Larry Summers’ thoughtful response to my blog. My goodness, a rational conversation…what a strange and rare event these days! There’s an interesting sort of argument going on between Stansbury/Summers (SS) and Mishel/Bivens (MB). My name has been invoked as well, so I’ll… Read more

No, progressive policies don’t hurt growth

November 14th, 2017

Neat new study out of CA, where they’ve created a virtual conservative, anti-interventionist’s nightmare of progressive policies. According to theory, the state should be tanking re growth and jobs, and yet…well, see for yourself. Ben S and I did some of this sort of analysis awhile back re the ACA and jobs in the states…. Read more

The case for direct job creation

November 9th, 2017

Over at WaPo, and notice the support for the idea from all kinds of different bedfellows, from progressives like myself, Darity et al, to centrists like former Clinton Treas sec’y Rubin, to Trump’s chief economist!

The unknowable motives of mass murderers

November 7th, 2017

As you see from the title, I’m once again veering out of my econolane, but only briefly, and only to see if others share this sentiment. My morning paper blares the banner headline “Texas Shooter Was In Domestic Dispute.” I understand that after these horrific events people want to understand what could motivate the killer…. Read more

The big, bad tax cut plan: Stuff you might have missed

November 6th, 2017

[Two great, new updates.] There is and will continue to be much digital ink spilled in analysis of the House Republican tax plan, and while OTE readers are, by definition, invariably well-informed, here are some links to worthy pieces you might have missed. –Catherine Rampell at WaPo and Ben Casselman/Jim Tankersley at the NYT both… Read more