Links: May 2009

U.S. economy

Crazy compensation and the crisis, by Alan Blinder

After the stimulus: now what?, by Fred Block

The crisis and how to deal with it, Bill Bradley, Niall Ferguson, Paul Krugman, Jeff Madrick, Nouriel Roubini, George Soros, and Robin Wells

Inflation is bad, but deflation is worse, The Economist

There is no single big remedy for the banks’ flaws, The Economist

Ignore your investors, by Justin Fox

The failure of the economy and the economists, by Benjamin Friedman

Falling wage syndrome, by Paul Krugman

Stressing the positive, by Paul Krugman

The big inflation scare, by Paul Krugman

Accountability?, by Greg Mankiw

Income inequality and speculative investment by the rich and poor led to the financial meltdown, by Branko Milanovic

Sounding the alarm: update on the economic downturn, by Lawrence Mishel

Obama proposes a first overhaul of finance rules, New York Times

Hedge fund manager’s farewell, by Joe Nocera

Nation ready to be lied to about the economy again, The Onion (via Mark Thoma)

How useful were recent financial innovations?, by Adam Posen and Marc Hinterschweiger (via Mark Thoma)

Insolvent banks should feel market discipline, by Matthew Richardson and Nouriel Roubini

Why did the bankers behave so badly?, by Anne Sibert

America’s governance revolution must not be ducked, by Anne Simpson

Are we turning Japanese?, by James Suroweicki

Monsters, Inc., by James Suroweicki

Geithner could do worse than emulate Japan, by Peter Tasker

US belatedly learns to listen to the lesson from Japan, by Gillian Tett

Regulating derivatives, by Gillian Tett and Aline van Duyn

Central banks must target more than inflation, by Martin Wolf

Obama’s conservatism may not prove good enough, by Martin Wolf

Why we need to curb finance, by Martin Wolf

On risk-taking, by Matthew Yglesias

Living standards, poverty, inequality, well-being

The new science of measuring happiness, by Drake Bennett

Paid sick days benefit workers and employers, by Heather Boushey

Unemployed, and staying that way, by Heather Boushey

Poor? Pay up, by DeNeen Brown

Geithner’s plan to overhaul executive pay, BusinessWeek

For recession victims, patchwork state aid, by Jason DeParle

Mysteries of life, by Henry Farrell

The real reason CEO compensation got out of hand, by Ray Fisman

Debunking the so-called human development index of U.S. states (and follow-up), by Andrew Gelman

Healthy credit, by David Gibson, Carla Hall, and Sylvia Harris

Bill would guarantee up to 7 paid sick days, by Steven Greenhouse

Can we make financial products as safe as toasters?, by Ezra Klein

Has feminism been bad for women?, by Ezra Klein

Progress, or lack thereof, around the country, by Kristen Lewis and Sarah Burd-Sharps

Consumers are dealt a new hand in credit cards, by Ron Lieber

Financial careers come at a cost for families, by David Leonhardt

Debt: a writer’s life, by Megan McArdle

Sink and swim, by Megan McArdle

Can income transfers to poor families help children?, by Kevin Milligan and Mark Stabile

Alternative labor market policies to increase economic self-sufficiency, by David Neumark

After the great recession, Barack Obama interview with David Leonhardt

Broadband around the world, by Catherine Rampbell

Social spending and inequality, by Catherine Rampbell

Obama, the enemy of economic inequality, by Robert Reich

U.S. unemployment now as high as Europe, by John Schmitt, Hye Jin Rho, and Shawn Fremstad

What makes us happy?, by Joshua Wolf Shenk

The paradox of declining female happiness, by Betsey Stevenson and Justin Wolfers

Why do investment banks pay exorbitant bonuses?, by John Thanassoulis

Digital exclusion and social disadvantage go hand in hand, by Jessica Twentyman

U.S. workers’ wages stagnate as firms rush to slash costs, Washington Post

What does the Human Development Index measure?, by Justin Wolfers (and comments here and here)

The lost opportunity, by Matthew Yglesias

Health care

The art of the possible, by Henry Aaron

Numbers racket, by Jonathan Cohn

Health system modernization will reduce the deficit, by David Cutler

The cost conundrum, by Atal Gawande

Can Chuck Schumer save the public plan?, by Ezra Klein

Health reform for beginners: the employer tax exclusion, by Ezra Klein

How the public hurts health care reform, by Ezra Klein

Is the health care industry on Obama’s side?, by Ezra Klein

The liberal critique of Wyden-Bennett, by Ezra Klein

Blue double cross, by Paul Krugman

Harry, Louise, and Barack, by Paul Krugman

The missing $90 billion, by David Leonhardt

Health costs are the real deficit threat, by Peter Orszag

The health care cave-in, by Robert Reich

The only sure way to fund universal health care, by Robert Reich

A taxonomy of health care systems, by Uwe Reinhardt

Is employer-based health insurance worth saving?, by Uwe Reinhardt

Should health benefits be taxed?, by Uwe Reinhardt


Cap and trade vs. carbon tax, by Kevin Drum

Cap and trade, with handouts and loopholes, The Economist

Empire of carbon, by Paul Krugman

The perfect, the good, the planet, by Paul Krugman

Can Obama change the climate?, by Bill McKibben

Obama to toughen rules on emissions and mileage, New York Times


A blueprint for tax reform and health reform, by Len Burman

Obama’s plan to bring home more revenue from multinationals is more complex than meets the eye, BusinessWeek

Curbing offshore tax havens, by Mark Thoma

U.S. sales tax gets a fresh look, Washington Post


The Harlem miracle, by David Brooks

Pay-for-performance programs for teachers in high-poverty schools, by Robin Chait and Raegen Miller

America’s classroom equality battle, by Clive Crook

Whose problem is poverty?, by Richard Rothstein (via Harry Brighouse)

Obama proposals would transform college aid, Washington Post (via Mark Thoma)


The intensification of employer opposition to organizing, by Kate Bronfenbrenner

Forming a union: the video, Center for American Progress (via Ezra Klein)


Imports can be as useful to developing countries as exports are, The Economist

We should further open our market to exports from small, poor economies, by Kimberly Elliott

Obama’s trade policy, by Edward Luce

Where are the largest gains from trade liberalization?, by Dani Rodrik

A new American trade consensus, by Bruce Stokes


A forum on immigration, by Joseph Carens and respondents

U.S. politics

Finding the next Kemp, by Bruce Bartlett

Liberaltarians?, by Bruce Bartlett

California: the ungovernable state, The Economist

Renewed questions about the durability of party identification, by Jim Gimpel

The changing tea leaves on partisan trends, by Jim Gimpel

Fundamentally different, by John Judis

“Foolish consistency”, by Mark Thoma


Elections to the European parliament, by Tony Barber

Europe’s line must take in Turkish sand, by Tony Barber

In Germany, benefits including paid time off are limiting the pain for citizens and politicians, by Bertrand Benoit

Re-regulation of labor markets is not the answer, by Guiseppe Bertola

Australia introduces paid parental leave, Brisbane Times (via Tina Fetner)

The French way of doing things looks pretty good, The Economist

Has the IMF changed?, The Economist

India’s election, The Economist

Outsourcing’s third wave: buying farmland abroad, The Economist

Universities in Europe, The Economist

Nonlethal promotion of democracy, by Amitai Etzioni

Why has globalization led to bigger cities?, by Edward Glaeser

Bright continent, by Nicholas Kristof

Have we already lost Iran?, by Flynt Leverett and Hillary Mann Leverett

India, suddenly starved for investment, New York Times

Thriving Norway provides an economics lesson, New York Times

How the financial crisis has killed the governance reform agenda, by Dani Rodrik

Going Dutch: how I learned to love the European welfare state, by Russell Shorto

Japan’s work compact put to the test, by Jonathan Soble

In Japan, secure jobs have a cost, by Hiroko Tabuchi

India’s national renewal benefits everyone, by Ashutosh Varshney


How did Washington miss the generational shift toward gay marriage?, by Matt Bai

The case for an emotional justice, by David Brooks

The future of the New York Times, by David Carr

The real lab rats (fraud in science), by Clive Cookson

Gay marriage, The Economist

What do social scientists and journalists want?, by Henry Farrell

American epidemics: a brief history, by Howard Markel and Sam Potts

Dazzling Barcelona wins with style, New York Times

Obesity and the fastness of food, by Catherine Rampbell

Busting the opt-out mom myth, Real Time Economics

Has the public become more opposed to abortion?, by John Sides

Free-market sports, by Matthew Yglesias

1 thought on “Links: May 2009

  1. This morning, I read an inspiring story about GLL Centres, a London-based non-profit perating gyms for the benefit of the community. (check their siteat gll). This is truly brilliant thinking, as it uses the current environment to subtly undermine the status quo. The non-profit model would be a brilliant Excerpt.

    Interesting Finance Articles

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