Politics Roundtable

Politics Roundtable

Political blogs of interest to economists.

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Brad DeLong


May 29, 2016, 8:18 pm, 1640782

So there I was, sitting here trying to think about how I am going to teach "wealth maldistribution as a market failure"--that is, how when the distribution of wealth does not accord with utility ...


May 29, 2016, 6:18 pm, 1640768

Courtesy of Duncan Black: The Fourteenth Annual "Suck on This" Day:

Tom Friedman: Happy Suck On This Day: "I think it [the invasion of Iraq] was unquestionably worth doing, Charlie...

[...] We needed to go over there, basically, um, and um, ...


May 29, 2016, 10:18 am, 1640729

I confess that I thought much better of both major Democratic candidates after the 2008 primary. That is not the case this time:

Anne Laurie: Beyond Exasperated Open Thread: Bernie Sanders's Strategery — How Does It Work?:

...


May 29, 2016, 10:18 am, 1640728

As the very sharp Jacob Levy wrote back in 2008:

There's no modern work to teach alongside Theory of Justice and Anarchy, State, and Utopia that really gets at what's interesting about Burkean or social conservatism.... Any book plucked from the past ...


May 28, 2016, 4:18 pm, 1640646

Live from the Log Cabin: Via [Sidney Blumenthal], Honest Abe had some choice words for today's Republicans who claim that "religious liberty" means "the right of bosses to make their customers and their employees follow their religion":

Sidney Blumenthal: "Throughout the war, Copperheads, the Northern Peace ...


May 28, 2016, 4:18 pm, 1640645

Live from High Above the Former Iron Curtain: The very sharp Dani Rodrik:

Dani Rodrik: The Politics of Anger: "Perhaps the only surprising thing about the populist backlash that has overwhelmed the politics of many advanced democracies...

...is that it ...


May 28, 2016, 2:18 pm, 1640633

Must-Read: Pascal Seppecher, Isabelle Salle, and Dany Lang: Is the Market Really a Good Teacher?: "Our learning model is an ever-adapting process that puts a significant weight on exploration vis-à-vis exploitation...

...We show that decentralized market selection allows firms to collectively ...


May 28, 2016, 12:18 pm, 1640622

The extremely-sharp Branko Milanovic asks a very good question that I had never considered before:

Branko Minanovic: Economic Reflections on the Fall of Constantinople: This Sunday, May 29 marks the ...


May 28, 2016, 12:18 pm, 1640621

Must-Read: Wired: The Economic Lessons of Star Trek’s Money-Free Society: "Manu Saadia... went looking for a book about the economics of Star Trek...

...When he couldn’t find one, he decided to write his own. The result, Trekonomics, has drawn praise from ...


May 28, 2016, 10:18 am, 1640606

Prakash Loungani: Rebel with a Cause:

The triumph of markets over the state appeared almost complete in the early 1990s. The collapse of the Soviet Union and the fall of the Berlin Wall had discredited the role of the state in ...