Archive for the ‘New Posts’ Category

Productivity mismeasurement: it goes both ways

July 4th, 2016

Many economists, myself included, argue that among our greatest concerns is the slowdown in productivity growth, as the growth of output per hour (that’s how productivity is measured) is a key determinant of living standards (yes, the distribution of productivity growth is another key determinant; in our age of inequality, growth is necessary but not… Read more

Where’s JB?

June 29th, 2016

It’s summer, which means I hit the road to preach the progressive econ gospel to anyone with a town hall and a PowerPt projector. Anyone recognize where I am tonight? Be there and be square!

Brexit and austerity: they’re connected

June 27th, 2016

As I discuss in today’s WaPo, Brexit was a function of many factors: –PM David Cameron’s reckless, opportunistic political gambit: calling for the referendum back in 2013 to assuage his far right Euro-skeptics in time for the upcoming election. –Strong anti-immigration and anti-globalization sentiments. The unleashed xenophobia, surely linked to the refugee crisis, is to… Read more

From the joint dept. of: capitalism is remarkable, and we are a very sick society

June 26th, 2016

Today’s NYT mag has a piece about how the proliferation of mass shootings made the term “active shooter” part of our lexicon. The piece begins by featuring a manufacturer of bullet proof office furniture. For five years, Ballistic Furniture Systems has been developing “bullet-­resistant panels that could be fitted inside chairs, cubicles and doors.” There… Read more