Thursday, February 11, 2016

2:00PM Water Cooler 2/11/2016

Today’s Water Cooler: TTiP typos, Democratic debate, Sanders fundraising, black voters, Buiter recession call, jobless claims, gravity waves

Can Mass Migration Boost Innovation and Productivity?

Mass migration is getting a bad rap. Is it entirely deserved?

Links 2/11/16

swimming polar bears links

Former Central Banker William White on the Failure of QE, Danger of Negative Interest Rates

Former Bank of International Settlements chief economist William White criticizes central bank policies sharply, particularly negative interest rates.

Online Public Schools Are a Disaster, Admits Billionaire, Charter School-Promoter Walton Family Foundation

Online public schools now assume a surprisingly large role and do a terrible job, providing yet more proof that charter schools are about looting, not education.

Bill Black: Whistleblowers’ Plan Is Hillary’s Pragmatic Opportunity to Live Up to Her Word on Bank Reform

Will HIllary take the pragmatic step of adopting the Bank Whistleblowers United reforms?

France To Build 621 Miles Of Solar Roads

Solar roads sound too “gee whiz” to work. But it would be terrific if they did.

2:00PM Water Cooler 2/10/2016

Today’s Water Cooler: TPP in an election year, New Hampshire: The Day After, Bloomberg’s first speech, Yellen speaks, “Dignity Health,” Uber

Dean Baker Exposes How CBO Cooks Inflation Forecasts to Promote Deficit Scaremongering

Yet more funny forecasts from the CBO telling you why you can’t have nice things, like a better job market.

Links 2/10/16

Lucy_garden links

Technology and the Future of Work

Discussions of technology-driven change fail to distinguish between productivity-enhancing technology and disruptive technology.

Bill Black: The AEI and Brookings Sell Marriage as the Solution for Poverty

Marriage is the new cheap fix for poverty…which means by implication that single low income women are a new category of the undeserving poor.

How Many Flints? America’s Coast-to-Coast Toxic Crisis

Flint is just the tip of the iceberg of lead poisoning in America.

2:00PM Water Cooler 2/9/2016

Today’s Water Cooler: TPP and impunity, New Hampshire votes, Clinton goes negative, JOLTS, liquidity, Hong Kong fracas, corvids and forests

Money and Banking – The Fed and Monetary Policy

A very readable, information-rich post on what the Fed does and does not do, with emphasis on the nitty-gritty of monetary policy. If you are time-pressed, read the last item in the FAQ first, which is a terse item-by-item debunking of widely made, inaccurate statements about the Fed.