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Posts Tagged ‘Friday links’

Friday Quick Hits

I did a post like this a few weeks ago, and will continue to irregularly- here are some interesting pieces, with a block quote sample. For all of them, go read the whole thing.

First, Rodger Malcolm Mitchell rightly points out that in most debates, people are just talking past each other. He concludes,

There lies deep within us, the fear that if we listen too closely, our own arguments will be demolished. So we resist listening, lest we are forced to admit we are wrong, and our world will come crashing down…

What’s the solution? Courage. Have the courage to see your treasured beliefs proved wrong. Have the courage to evaluate the other guy’s side. Have the courage to listen, and perhaps to come to an accommodation. Any fool can close his mind and shout louder. It takes real courage and intelligence to listen, truly listen, to the other guy’s side.

Next, Maxine Udall has a great take on David Leonhardt’s article about the costs of motherhood- the benefits of motherhood are largely ignored in our society (and our economic measures):

But what about all that non-market work women are cranking out? The stuff for which they don’t get paid? Child care, child birth (production of the future units of economic production for those of you who like to think of children as durable goods)….how about mother’s milk that builds bodies and immune systems 40 different ways? None of that shows up in GDP…

The irony here, at least from my perspective, is that we’re surrounded by men (and some women) obsessing about the welfare of our grandchildren, especially the possibility that we will saddle them with an unbearable tax burden that can only (apparently) be relieved by increasing income inequality and decreasing taxes on the rich. Yet the people most likely to have a profound and lasting positive effect on the parents of those grandchildren and, by virtue of it, a profound and lasting positive effect on the endangered grandchildren, are forced to accept a 20% reduction in market wages, to struggle to find affordable, high quality child care, to be penalized for requiring flexibility in work hours, to (until 2014) face lack of health insurance if they work part-time.

Emmanuel Saez updates (pdf) his tax data with 2008 estimates, and finds:

Perhaps surprisingly, the fall in top income shares from 2007 to 2008 is less than during the 2001 recession, in part because the Great recession has hit bottom 90% incomes much harder than the 2001 recession (Table 1), and in part because upper incomes excluding realized capital gains have resisted relatively well during the first year of the Great Recession.

econfuture says economists “just don’t get it” regarding structural unemployment:

Why are economists so reluctant to seriously consider the implications of advancing technology? I think a lot of it has to do with pure denial. If the problem is a skill mismatch, then there’s an easy conventional solution. If the problem’s a lack of labor mobility, then that will eventually work itself out. But what if the problem is relentlessly advancing technology? What if we are getting close to a “tipping point” where autonomous technology can do the typical jobs that are required by the economy as well as an average worker? Well, that is basically UNTHINKABLE. It’s unthinkable because there are NO conventional solutions.

Naomi Klein says that the capitalist view of nature as a machine should be laid to rest:

And this is surely the strangest twist in the Gulf coast saga: it seems to be waking us up to the reality that the Earth never was a machine. After 400 years of being declared dead, and in the middle of so much death, the Earth is coming alive.

The experience of following the oil’s progress through the ecosystem is a kind of crash course in deep ecology. Every day we learn more about how what seems to be a terrible problem in one isolated part of the world actually radiates out in ways most of us could never have imagined.

That’s all for now…I’ve finished a book on wage theft in America, and hope to post some thoughts on it by Monday. Happy weekend!

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Re: Friday Links

Well, another blog “feature” goes in the dustbin today. I’ve decided I no longer have the energy to put together links every Friday, and I don’t know how much value the feature was adding. I honestly don’t know how Mark Thoma and others do it on a daily basis. I think I’ve been over-consuming information, so I’m trying to take a more measured approach to blogging, but that’s a topic for another day. Anyways, I have a post lined up for later that should be interesting and a little different. Happy Friday.

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This week we talked about Israel; another oil spill; the UN and veganism; compulsory voting; and an agriculture revolution (part one and two).

Here are some other interesting links:

Serious Links

Matt Yglesias discusses the blockade, which this Economist chart  and Yousef Munayyer show is on much more than weaponry

Spencer Ackerman lays down some pragmitism on Israel

Paul Street says that oil production needs to be democratically expropriated- MRZine

Otaviano Canuto on cultural heritage and poverty reduction- World Bank

Larry Summers’ memo on pollution speaks to the current oil spills

Are environmental groups in the pocket of BP?

This animation shows where all that oil will go

Is Obama expanding secret wars?- WaPo

Is Wal-Mart U a good thing? You decide- WaPo

Jeff Madrick reviews Michael Lewis’ The Big Short- NYRB

Diversions

Remember Larry Craig? Somehow the Daily Show got him to sit down for an interview.

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As Nick is traveling, I’m covering the Friday Links today. This week, we covered the BP oil spill, our love and hate of cars, the future of small scale slaughethouses, the worker suicides in China, deficit debates, the movement for a separation of corporation and state, and Hilary Clinton’s misinformation.

Serious Links

Oil flow appears to have stopped!

Bill Easterly on the poverty conundrum

Frank Ackerman on the need for a new energy economics

Richard Alford on why we need a new macroeconomics

Mark Fiore delivers a Message from BP

Some thoughts on macro by Rajiv Sethi

More thoughts on macro from Mark Thoma

Keynes’ 1933 essay on national self-sufficiency

Stephen Leahy on involving women with UN Biodiversity

Diversions

A Parent’s Guide for a New College Graduate [ht:ck]

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I’ve got some weekend homework, reading and reviewing Paul Collier’s book. Meanwhile, you need to catch up on what you may have missed this week on this blog: Brian Williams’ commencement address at ND; the Rise and Fall of GDP; Happiness, Norms, and Discount Rates; Galbraith and MMT; and Panera’s name-your-price store.

Serious Links

Chris Hayes on some recent direct action- The Nation

Lant Pritchett on competing ontologies of economic development- CGD blog

Edmund Andrews likes the FinReg bill that passed the Senate- Capitals Gains and Games

Nick Rowe on the “silent shift” in macro though- Worthwhile Canadian Initiative

Mark Weisbrot on “success” in the EU periphery- MRZine

Wynne Godley has passed away- RWER

Robert Skidelsky on the language barrier and financial crises- Project Syndicate

Ted Rall says oil companies should be nationalized- Common Dreams

Will BP’s low oil spill estimate save it money?- McClatchy

David Roberts says to focus on outcomes, not mechanisms, for climate change- Grist

David Ruccio says that Rand Paul’s attitudes about discrimination are thoroughly neoclassical- Anti-capitalism

Rodger Malcolm Mitchell on what debt hawkery means in practice- Federal Debt is Money

Diversions

This xkcd comic hits close to home:

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This week we talked about: closing a philosophy department; Catholic economists; deficit falconry; the econ-enviro value gulf; and the Revere Award. Of course, most of you already know that as RSS subscribers, right? (Yes, these shameless RSS plugs will stop soon.)

Serious Links

The EU is bleeding its patient, says Mark Weisbrot- MRZine

An over-my-head debate on the importance of social theory (post and response)- Understanding Society & Anti-capitalism

Deconstructing “poverty porn”- Perspectives of Poverty

Google’s take on saving the news industry- The Atlantic

The oil spill might be much larger than the government and BP are reporting- NYT

The EPA is stepping to the plate with GHG rules- NYT

Good thing, because the Senate probably won’t- Ezra Klein

Did China or India (or Obama) sabotage Copenhagen?- Der Spiegel

What’s the deal with professional economists?- Rodger Mitchell

How subprime whistleblowers were silence- The Investigative Fund

Ben Bernanke on happiness economics- Federal Reserve

Diversions

A woman’s story about her enormously embarrassing husband- Times of London

Don’t get caught in a bad hotel (some cool union activism)

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Here’s the weekly roundup (if you were subscribed by RSS, you’d already know all of this): Bill Moyers on defining populism; Maxine Udall on Max U and virtue; Weeds are becoming resistant to roundup, as many predicted; the US Social Forum in Detroit is approaching; how class relates to the deficit; food deserts in Chicago; economists’ myopia on deficits/debt.

Here are your links- subscribe by RSS if you haven’t already.

Serious Links

In recognition of Mother’s Day: Nancy Folbre on the anti-mommy bias of our economy- Economix

Neither the US nor Venezuela is Greece- New Deal 2.0 & MRZine

The moral life of babies- NYT Sunday Magazine

Daniel Little discusses mental models, which David Ruccio terms economic representations in economics- Understanding Society & Anti-Capitalism

A neuroeconomist on what ails economics- The New Scientist

What American community can look like- AlterNet

A General Theory of Individuality- Chronicle

China is having energy efficiency issues- NYT

Diversions

Jim Cramer on CNBC as Wall Street tanked yesterday:

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New feature for the Friday links- a quick roundup of the week’s posts, for those of you who aren’t subscribed (I’m stealing this gambit from Ezra Klein at WaPo). It was a busy week; we talked about: obesity as a function of society; Sen’s new manifesto; taking on Paul Krugman on epistemic closure; reposting Ruccio’s response to Sen’s manifesto; Notre Dame’s academic forum on economics and ethics; parody- betting against the American dream; taking on Max U; redefining fiscal sustainability; rounding up Max U comments; and why environmentalists don’t trust economists. I’m curious for feedback from both sides on this last post. No more ado, though- here are your links.

Serious Links

Amartya Sen on Adam Smith (in video form)- Maxine Udall

Chris Hayes compares financial malfeasance to looting- The Nation

Why the EPA should regulate carbon- The Nation

Ezra’s interview with Lindsey Graham on immigration and climate change- Washington Post

Steve Randy Waldman breaks down the Goldman Sachs fraudulent deal- Interfluidity

Ingrid Robeyns argues against Sen’s redundancy claims on justice- Crooked Timber

John Bellamy Foster interviewed on Marxist ecology- MRZine

Noam Chomsky says the US could broker peace in Gaza, but has chosen not to- TomDispatch

Matt Wasson says a new law is needed to supplement new EPA rules and end mountaintop removal coal mining- Grist

Is the Gulf oil spill going to be worse than Exxon-Valdez?- BBC

Diversions

George Costanza: The Movie (best two minutes of your day, I promise)

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Friday Links

Wow- this week really got away from me. Posts I intended to right are festering in the drafts folder. Hopefully the weekend will allow me to sort that out. Here’s an abbreviated version of Friday Links:

Ten important points about Goldman Sachs

More on the Evergreen Cooperative Initiative

Organic does not equal non-capitalist

Greenpeace on the climate bill

Famed author Eduardo Galeano looks forward from the Summit of the Mother Earth

If you’re in the DC area, come to the Fiscal Sustainability Teach-in/Counter conference next Wednesday. I’ll be attending the 8:15 session with Bill Mitchell, and hopefully can coherently blog about it afterwards.

Somewhat of a diversion: David Foster Wallace’s commencement address at Kenyon college in 2005

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Friday Links

I’ve got a lot of ideas swirling, so expect a busy posting week to follow. Also, lots of links today, all worth your time- I promise.

Serious Links

Jump in on the comment thread from yesterday’s post on Profits and Unemployment- Meta

The SEC is suing Goldman Sachs- cue the Drudge siren- NYT

The European Central Bank sees risk of a second recession- NYT

Chris Maisano critiques Tony Judt’s speech on social democracy- MRZine

Mark Thoma looks at potential blame for mathematics in the crisis- I agree 100%- MoneyWatch

Gillian Tett also says mathematics have some responsibility- FT

David Ruccio and Daniel Little agree that Marx stressed the limits of predictive power for his theory- Anti-capitalism & Understanding Society

Peter Dorman critiques Paul Krugman’s piece on economics of climate change- RWER

Can random matrices shake economics to its core?- The New Scientist

Pavlina Tcherneva addresses the “responsible fiscal policy” canard- Economic Perspectives from KC

Stiglitz and Sulston against gene patents- WSJ

Tony Judt on materialism, inequality, et al.- NY Review of Books

 

Diversions

George Bush sure knew how to take a question- those were the days

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