Thursday, April 26, 2018

2:00PM Water Cooler 4/26/2018

Today’s Water Cooler: China Trade, Steny Hoyer rigs a primary, midterm intensity, durable goods, manufacturing, Tesla, bubbles, the power of Op-Eds, sleep and light

Why We Have to Go Back to a 40-Hour Work Week to Keep Our Sanity

Why American work norms are largely counterproductive.

Links 4/26/18

Is New EU “Travel Authorisation” Another Brexit-Induced Ireland Headache?

Does what superficially looks like a nuisance-level post-Brexit change for UK travelers have bigger ramifications for Ireland?

TSB’s IT Fiasco and Some Implications for Banks’ Legacy Systems

A hard look at the continuing IT disaster at UK bank TSB.

Wolf Richter: What Will Rising Mortgage Rates Do to Housing Bubble 2?

Investors have fixated on the rise in Treasury yields. Perhaps they should worry more about what the Fed’s rate increases are doing to mortgage rates.

2:00PM Water Cooler 4/25/2018

Today’s Water Cooler: Cuomo, Post Office banking, Joy Reid, consumer confidence, manufacturing, housing, Mr. Market, scooters, neoliberal thought collective, helpful truckers

Analysing Wealth Inequality: A Conceptual Reflection

Why the way economists think about wealth is too narrow, and how to start to remedy that.

Links 4/25/18

Was Finland’s Universal Basic Income Program A Failure?

A look at the results of recent basic income experiments.

The U.S. Border as a Zone of Profit and Sacrifice

Despite Trump’s braying about it, the militarization of the US border has been an ongoing project.

5 Policies That Could Improve Housing for the Renting Generation

Housing has become a more divisive issue than ever, as rising real estate costs and less job stability make buying a house both harder and more fraught. Renters need better protections, but how to get there?

2:00PM Water Cooler 4/24/2018

Today’s Water Cooler: Open Thread

Marx and Modern Microeconomics

Marx gets some long-overdue credit.

Links 4/24/18