Saturday, November 28, 2015

Marshall Auerback and Branko Milanovic Discuss Income Inequality: The Global Haves And Have-Nots In The 21st Century

A conversation between Marshall Auerback and Branko Milanovic on income inequality and the potential countervailing forces to its rise.

2:00PM Water Cooler 11/16/2015

Today’s Water Cooler: Paris, 1MDB scandal ensnares Democrats, AbilityOne corruption ensnares both parties, retail woes, rural outsourcing

Will the Paris Attacks Herald the End of the Schengen Agreement?

The big thing I’ve learned since I hung up my keyboard as a generalist blogger is to, as much as possible, stay in my lane. I share everyone’s horror at the Paris attacks, and like everyone else have my own thoughts, however unformed, on the best way forward. But I make no pretensions to deep insight on international terrorism and a Middle East that has confounded just about every so-called expert for as long as I’ve been alive. So I’d rather just try to keep up with developments (and you’ll see more of that in the Links).

But there is something, first brought to my attention by Chris Hayes, on which I may be able to comment intelligently. Details are a little murky, but it appears France is seeking some wiggle room on the Schengen agreement.

Links 11/16/15


Hillary Clinton Appeal to 9/11 to Defend Wall Street Donations Was Bad, But This Was Worse

Hillary Clinton, is taking some heat for oddly deciding to relate her campaign donations from Wall Street to aiding Lower Manhattan after 9/11. This seems to be what the Gang of 500 has decided on as a gaffe, and it definitely has that odor. But I actually think Clinton said something even more egregious and revealing Saturday night. The problem is that the commentariat has deemed it some brilliant insight.

Cameron Murray: Unpopular Economic Opinions

1. School is mostly about indoctrination into the national identity. It is also about child care, and for older children, about keeping them out of the labour force. If we were honest we could talk about education policy with this in mind, though no one does (okay, there are some exceptions).

Ilargi: 9/11, 3/11, 7/7, 11/13; New York, Madrid, London, Paris

Better to wait a day before writing, after a night like that. What does one write after such a night anyway? And why write anything at all if you can be dead sure to always antagonize some one on some side of some spectrum, ideological or not, no matter what you write, unless you tag some safe official line, and even then, or especially then?

Links 11/15/15


Paris Attack Round-up and Open Thread

The chain of events in Paris, strategy and tactics of the attackers, history of ISIS and origins of “radical islam”, French particularities, media critique, Beltway meltdown and warmongering.

US Intergenerational Mobility: 1850-1940

Intergenerational income mobility is currently not very high in the US compared to other developed countries. This column shows that US intergenerational income equality was high in the 19th century but plummeted between 1900 and 1920. The income-mobility ladder was thus pulled up during the so-called Great Gatsby era.

Microaggression and Macroexploitation

Microaggression, to have appeal and application outside the academy, can be usefully situated in a larger context, which I have labelled macroexploitation. Also, David Brooks.

Links 11/14/15


“Dreaming On”: The Illusions of the Leaders of Large Health Organizations, as Illustrated by Medtronic’s Founder

The differences between what mission statements say, and what large organizations do.

2:00PM Water Cooler 11/13/2015

Today’s Water Cooler: TPP and public health, epic Trump rant, whither Bernie, inflation (not), your second career, NY apartment listings

To Fix Inequality and Steady the Economy, Think Radically

Originally published at the Institute for New Economic Thinking website Adair Turner, Chairman of the Board of the Institute for New Economic Thinking and former Chairman of Britain’s Financial Services Authority (2008-13), is the author of a new book that takes aim at economic and political orthodoxies, Between Debt and the Devil: Money, Credit, and […]