I haven’t had the time to post much lately, but here are some things I’ve been reading:
- The US and Canada have taken different approaches to defining their official poverty threshold in recent years. We’ve solved this problem by not having one.
- Nicholas Gruen has written about the need for more humility and open-mindedness from economists, following on from this paper which argues that economists should see themselves less as scientists and more as engineers.
- The UK can now borrow more cheaply than Germany, challenging some of the narratives that have surrounded the Euro crisis.
- Should Australia move to shore up bank funding in a more explicit way?
- It’s the first edition of the ACTU Wages Report! By me! With graphs!
- Did behavioural economics backfire on the Obama administration?
- Dean Baker has a free e-book out called The End of Loser Liberalism, which is worth a read. He argues that progressives “have accepted a framing where conservatives want market outcomes whereas liberals want the government to intervene to bring about outcomes that they consider fair”.
- Here’s a two part interview with Dean Baker about his book.
- Interesting presentation by Peter Whiteford on inequality and social support in Australia.
- Mike Konczal on how inequality got so bad in the US, and what can be done to fix it.
- The “anxiety of the forever renter” in The Atlantic.
- Why doesn’t Britain make things any more?