Politics Roundtable

Politics Roundtable

Political blogs of interest to economists.

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Brad DeLong


January 20, 2017, 2:18 pm, 1712300

Over at Equitable Growth: Must- and Should-Reads:

Duncan Black: Conservative Health Care Plan: "Liberal Trump fanfic scenarios aside... Kevin Drum: Why Do Republicans Hate Obamacare?: "Why the continued rabid opposition ...


January 20, 2017, 12:18 pm, 1712259

Should-Read: A (mostly) smart piece by Nick Rowe. But it is not wrong to start with Knut Wicksell, as long as you get to Irving Fisher. And C+I+G+(X-M)=Y is a way of starting with Wicksell--that's why John Hicks called it the "IS Curve". Many might find it ...


January 20, 2017, 12:18 pm, 1712258

Note to Self: I always find it interesting that Friedman and the monetarists formulated money demand as a function of income rather than of private spending, or even of private consumption spending. You don't need or want money when your income is high, unless you want to ...


January 20, 2017, 12:18 pm, 1712257

Should-Read: N. Gregory Mankiw and Lawrence H. Summers (1984): Are Tax Cuts Really Expansionary?: "If consumer spending generates more money demand than other components of GNP...

...then tax cuts may... increasing the demand for money, [may] depress aggregate demand. We examine a ...


January 19, 2017, 8:18 pm, 1712057

Live from the Land of Deferred Maintenance: Here at Berkeley, Evans Hall needs eight elevators. It has five elevators. But now, due to deferred maintenance and to "renovations", as a result, even though it is the third day of classes, the fifth and sixth floors of Evans ...


January 19, 2017, 8:18 pm, 1712056

*Better Living through Chemistry: My first caffeinated coffee drink in two weeks--and only my third in a month and a half. WHEE!!!!


January 19, 2017, 10:18 am, 1711864

Should-Read: Kevin Drum: Why Do Republicans Hate Obamacare?: "Why the continued rabid opposition to Obamacare?...

...It's not because the government has taken over the health care market. On the contrary, Obamacare affects only a tiny part of the health insurance market and ...


January 19, 2017, 10:18 am, 1711863

Over at Equitable Growth: Must- and Should-Reads:

JEC: The Next New Macro: "The seeds of disaster... lay... João Amador and Sónia Cabral: Networks of Value-Added Trade: "Global Value Chains have ...


January 19, 2017, 10:18 am, 1711862

January 19, 2017, 10:18 am, 1711861

Should-Read: Duncan Black: Conservative Health Care Plan: "Liberal Trump fanfic scenarios aside...

...the conservative plan for health care is "if you can't pay for it, you suffer and then die." This could be modified slightly to setting up a system by which ...