J. Bradford DeLong's Blog, page 2230

links for 2010-08-13

FT.com / Comment / Opinion - Markets cling to the Fed as growth alert sounded

Alan Beattie: Markets cling to the Fed as growth alert sounded: http://tinyurl.com/2e8wgd5 #worthreading





Balloon Juice » Blog Archive » Which side are you on?

DougJ: Which side are you on? http://www.balloon-juice.com/2010/08/... #worthreading





UC Berkeley will not...

Liveblogging World War II: August 14, 1940

"Eagle Day--Adler Tag--delayed once again because of bad weather...

Guest Post by Benjamin Strong: Stock Market Valuation/Atlantic Monthly Catastrophic FAIL Department

A guest post by the late Benjamin Strong (1872-1928), sometime president of the Federal Reserve Bank of New York:

Back when I was alive, it was taken for granted that there was an equity return premium: that investments in stocks would, on average and over time, have significantly higher retuns than investments in bonds. You could see this by comparing the coupon yields of bonds with the earnings per share of stocks: earnings per share were higher.

Admittedly, only some of those earnings...

Buce Reads the Economist on "Picking Winners"

Buce:

Underbelly: I posted about this before but I shouldn't let pass this cool summary from The Economist on the question of when government industrial policy--aka "picking winners"--actually works:

First, the more it is in step with a national or local economy’s comparative advantage, the more likely industrial policy is to succeed. Drives to spur high-tech entrepreneurship in areas of heavy manufacturing, for instance, face a struggle. According to Mr Lin of the World Bank...

Berkeley Faculty Club: August 27

Posted via email from delong's posterous

A Question for James Fallows...

James Fallows writes:

Bombing Iran: What is The Atlantic's Line?: Jeffrey Goldberg's cover story, on Israel's preparations to bomb Iran (and what that means for America), is getting a lot of attention, and deserves to. It is very much worth reading for its thoroughly-reported and authoritative assessment of what the Israeli, U.S., and Iranian governments are likely to do and why...

A question for James Fallows: Does he have any reason to believe that this "thoroughly-reported and...

Can We Please Shut the Washington Post Down Today?

There should be resignations from the Washington Post today in protest of their running their unfact-checked piece about the Econoic Policy Institute.

But, then, it is a freezing day in August when there shouldn't be resignations in protest from the Washington Post, isn't it.

Larry Mishel cleans up the rotting filth and garbage:

Washington Post gets it wrong on Social Security: The Economic Policy Institute stands by its analysis of Social Security, after being criticized in a recent...

Can We Please Shut the Washington Post Down Today?

Why oh why can't we have a better press corps?

There should be resignations from the Washington Post today in protest of their running their unfact-checked piece by Republican representative Paul Ryan. You'd think they'd be embarrassed to be complicit in yet more selling of deficit-exploding plans as deficit-reducing ones.

But, then, it is a freezing day in August when there shouldn't be resignations in protest from the Washington Post, isn't it.

Dean Baker cleans up the rotting filth and...

links for 2010-08-12

Daily Kos: State of the Nation: GOP Still a Regional Party







Economist's View: This Isn't Funny Anymore

This Isn't Funny Anymore http://bit.ly/cqwCmi

– Mark Thoma (MarkThoma) http://twitter.com/MarkThoma/statuses...





Ezra Klein - Where does the Laffer curve bend?







Op-Ed Columnist - Paralysis at the Federal Reserve - NYTimes.com

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Winston Churchill Liveblogs World War II: August 13, 1940

Winston S. Churchill:

Just before the French went out of the war Admiral Darlan bombarded Genoa in full daylight without any Asdic destroyer protection or any aircraft protection and returned to Toulon unscathed. The Eastern Mediterranean Fleet has three times advanced to the centre of the Mediterranean and returned to Alexandria with only one ship--Gloucester--hit by one bomb. A few days ago a fast and a slow convoy were conducted uninjured from Malta to Alexandria--two days of...