Links of the Week - 12 September 2014

A weekly collection of links from the Conscience Warrior Newsfeed


White people are winning the war on whites
Christopher Ingraham

Are libertarians ready to embrace a broader notion of freedom?
Noah Smith

How Republican Craziness Is Undermining the South’s Massive Keynesian Stimulus
Mike the Mad Biologist

Measuring risk
The FRED Blog

The Gold Standard and Price Inflation
David Andolfatto

Libertarian Fantasies
Paul Krugman

Still No Wage Pressures to Speak Of…And Yet, People Speak of Them…
Jared Bernstein

Steps and the City
Paul Krugman

Yes, women's labor force participation matters
Noah Smith

The World Bank summed up the entire global economy in one chart
Matthew Yglesias

CPI component volatility
The FRED Blog

This billionaire has a message about inequality other billionaires aren’t going to like
Ezra Klein

Has the Beveridge Curve Really Shifted?
Jared Bernstein

Why aren’t libertarians talking about Ferguson?
Paul Waldman

Obama’s critics are suddenly sure Hillary Clinton is great
Ezra Klein

Links of the Week - 5 September 2014

A weekly collection of links from the Conscience Warrior Newsfeed


Inflation, Unemployment, Ignorance
Paul Krugman

In Investing, 'When' Matters Just as Much as 'What'
Neil Irwin

We Don’t Need to End “Too Big to Fail”
Eric Posner

Inflation OCD
Paul Krugman

Why the Rich Should Call for Income Redistribution
Mark Thoma

Why 70% of the people killed in Israel-Gaza violence are innocent Palestinian civilians
Max Fisher

James Garfield, Modern Medicine, and Economics
Jonathan Wight

Hawks Be Gone
Paul Krugman

Let's Hope the GAO Report Ends the Too-Big-to-Fail Subsidy Distraction
Mike Konczal

Good News on Financial Reform
Paul Krugman

Food, Energy and the Fed
Jon Hilsenrath

Tight rental market holding back household formation
Sober Look

Broken Windows Policing Kills People
Jamelle Bouie

The case for a maximum wage
Matthew Yglesias

These 7 Charts Show Why the Rent Is Too Damn High
Erika Eichelberger & AJ Vicens

Links of the Week - 29 August 2014

A weekly collection of links from the Conscience Warrior Newsfeed


Chart: Even mediocre CEOs get huge pay packages
Danielle Kurtzleben

Wall Street Skips Economics Class
Noah Smith

National unity sure is helpful
Noah Smith

Why Voters Aren’t Angrier About Economic Inequality

Eduardo Porter

National Review’s Dishonest History

Jamelle Bouie

Achieving Greater Long-Term Wealth Through Index Funds

Charles Rotblut & John C. Bogle

Thoughts on the Fed's New Labor Market Conditions Index

Carola Binder

Addressing misconceptions about the Consumer Price Index

John S. Greenlees & Robert B. McClelland

Why a Soaring Stock Market Is Wasted on the Young

Neil Irwin

In Investing, 'When' Matters Just as Much as 'What'

Neil Irwin

The US Phillips curve
Sober Look

Moore of the same
Paul Krugman

North Carolina’s Misunderstood Cut in Jobless Benefits
Justin Wolfers

On State Unemployment Rates, It’s Analyst Beware
Justin Wolfers

Spurious correlation
The FRED Blog

Links of the Week - 22 August 2014

A weekly collection of links from the Conscience Warrior Newsfeed


Austrianism, wrong? Inconceivable!
Noah Smith

The most important chart nobody is talking about
Matthew Yglesias

The intellectual cesspool of the inflation truthers
Matt O'Brien

Meet Rutherford: The surprisingly durable American habit of naming kids after sitting presidents.
Ben Blatt

Tipping perpetuates racism, classism, and poverty — let's get rid of it!
Brandon Ambrosino

The free market is an impossible utopia
Henry Farrell

Republicans want to control, not end, the Fed
Matt O'Brien

On the Difference Between GNP and GDP
Dan Hirschman

Dear inflation truthers: This is how averages work
Matt O'Brien

Let them eat cosmopolitanism
Ryan Avent

What Is "Subprime"?
Calculated Risk

Why more companies want pensions off their books
Michael A. Fletcher

Is economics jargon distortionary?
Simon Wren-Lewis

Overruled
The Economist

Less than a quarter of Americans get the most important investment question right
Dylan Matthews

Links of the Week - 15 August 2014

A weekly collection of links from the Conscience Warrior Newsfeed


7 papers, 4 government inquiries, 2 news investigations and 1 court ruling proving voter fraud is mostly a myth
Christopher Ingraham

The Monetary Fever Swamps
Paul Krugman

Debt- and deficit-to-GDP dynamics
The FRED Blog

What the Beveridge Curve may tell us about the U.S. labor market
Nick Bunker

Has the Beveridge Curve Shifted?
Murat Tasci & John Lindner

Flows From Unemployment to Employment & Extended Unemployment Insurance
Robert Waldmann

New Tool from Atlanta Fed: GDPNow
Bill McBride

Brookings: One political party is actively working to make government fail (guess which one!)
Christopher Ingraham & Tom Hamburger

In search of search theory

John Quiggin

How conservatives won with Obamacare

Ezra Klein

How long can the GOP last as the cranky oldster party?

Matthew Yglesias

We Didn’t Build That

David Weigel

A three-headed hydra: Measuring inequality

The Economist

7 reasons the gold standard is a terrible idea

Matthew Yglesias

Debt Shall Have No Dominion

Paul Krugman

Links of the Week - 8 August 2014

A weekly collection of links from the Conscience Warrior Newsfeed


Trick or Tweak
Paul Krugman

The economy’s troubling double standard for black men
Jonnelle Marte

Burwell vs. Hobby Lobby and the Decay of Welfare Capitalism
Brad DeLong

A Few More Thoughts on the Ex-Im Bank
Jared Bernstein

Mapping international data
The FRED Blog

The Great Disinvestment
Paul Krugman

The return of ‘47 percent’ and the endless political class war

Paul Waldman

These Ages of Shoddy

Paul Krugman

Donors Give More When They Have a Sense of Belonging

Robert Shiller

Why I'm tired of hearing about 'that' civil rights movement

John Blake

Austrian Economists, 9/11 Truthers and Brain Worms
Noah Smith

The Tragic Success of Freedom Summer
Josh Zeitz

"I Thought I Could Swing It": The Strange Life and Presidency of Silent Cal
Anthony Bergen

Why printing more money could have stopped the Great Recession
Timothy B. Lee

The spontaneous combustion theory of inflation
Greg Ip

Links of the Week - 1 August 2014

A weekly collection of links from the Conscience Warrior Newsfeed


40 maps that explain World War I
Zack Beauchamp, Timothy B. Lee and Matthew Yglesias

The Pitchforks Are Coming… For Us Plutocrats
Nick Hanauer

More than three quarters of conservatives say the poor “have it easy”
Christopher Ingraham

A black man with a college degree is as likely to be working as a white college dropout
Danielle Kurtzleben

63% of Americans believe 'blacks who can't get ahead are mostly responsible for their own condition'
Max Fisher

Why free parking is bad for everyone
Joseph Stromberg

Yes, if You Cut Taxes, You Get Less Tax Revenue
Josh Barro

Demographics: Prime and Near-Prime Population and Labor Force
Bill McBride

Oldies But Goodies

Paul Krugman

Moaning Moguls

James Surowiecki

Links of the Week - 25 July 2014

A weekly collection of links from the Conscience Warrior Newsfeed


America As A Lousy Exporter
Paul Krugman

The spontaneous combustion theory of inflation
Greg Ip

Chris McDaniel Thinks Winning With Black Votes Is Somehow Illegitimate
Jamelle Bouie

Wall Street is talking about inflation, but betting against it
Matthew Yglesias

How big is the federal government?
FRED Blog

Is it secular or is it stagnation?
Greg Ip

The war dividend
Ryan Avent

The Value of a First Down
Chase Stuart

Why Government Pension Funds Became Addicted to Risk
Josh Barro

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Understanding the New Classical revolution
Simon Wren-Lewis

The Rise and Fall of the New Classical Model
Mark Thoma

Stagflation and the Fall of Macroeconomics
Paul Krugman

Why did the New Classical Revolution happen?
Noah Smith

Marginal Coffeehouse: Supply and Demand

The following entry is cross-posted from Marginal Coffeehouse, a new economics education blog. This entry, and most of the entries that will appear on Marginal Coffeehouse utilize content from the Wolfram Demonstrations Project. This requires the use of a small, unobtrusive browser plugin.


Supply and Demand

When many people think of 'economics,' the first idea that comes to mind is 'supply and demand.' Consumers of business news are quite used to commentators and analysts, when asked why gas prices have risen, or why wages are low, or why salmon costs more than tuna, explaining that 'It's supply and demand.'

What exactly does that mean? Most people probably have an intuitive sense; 'supply' refers in some way to the amount of something that is for sale, and 'demand' refers in some way to how much people want. This is basically right. But think about it: both of those intuitive definitions are referring only to quantities. So where do prices come in? To answer that question, we've got to think clearly about demanders and suppliers.

Links of the Week - 18 July 2014

A weekly collection of links from the Conscience Warrior Newsfeed


The comovement of investment and GDP
The FRED Blog

A lose-lose proposition
The Economist

Rental home shortage is America's next housing crisis
Sober Look

21 charts that explain how the US is changing
Danielle Kurtzleben

Sympathy for the Trustafarians
Paul Krugman

Links of the Week - 11 July 2014

A weekly collection of links from the Conscience Warrior Newsfeed


Wall Street and A Dirty Little Secret
Bill McBride

The Wonking Dead
Paul Krugman

Why We’re All Crony Capitalists, Like It or Not
Neil Irwin

Recent declines in labor force participation are not driven by discouraged workers
Sober Look

Thoughts on Robert Skidelsky’s Manifesto for the Reform of the Anglo-Saxon Economics Curriculum
Brad DeLong

Links of the Week - 4 July 2014

A weekly collection of links from the Conscience Warrior Newsfeed


Wrongness, OK and Not
Paul Krugman

The GOP’s Grifter Problem
Jamelle Bouie

What really happened to the best plan to help overly-indebted homeowners?
Matthew Yglesias

Voter Fraud Is Rare, but Myth Is Widespread
Brendan Nyhan

The Corporates and the Crazies
Paul Krugman