Friday , November 15 2019
Home / Tag Archives: #noted

Tag Archives: #noted

Brad DeLong's Grasping Reality 2019-11-02 23:36:16

Doug Jones: Copernicus Versus the Scientific Method https://logarithmichistory.wordpress.com/2019/11/02/copernicus-versus-the-scientific-method-5/: 'Ptolemy needed to assume that the five planets (not counting the sun and moon) have both cycles (the big circles) and epicycles (the little circles).... Some of the cycles and epicycles vary independently, while others are exactly tied to the motions of the sun. For Mercury and Venus, the epicycles vary independently, taking different periods...

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Brad DeLong's Grasping Reality 2019-10-31 17:08:43

Jeremiah Dittmar and Kipper Seabold: New Media and Competition: Printing and Europe's Transformation after Gutenberg http://cep.lse.ac.uk/pubs/download/dp1600.pdf: "We study the role of book content in economic, religious, and institutional development after the introduction of printing, and the role of competition in determining the amount and content of local printing. We focus on (1) business education content and (2) religious ideas during the Protestant Reformation. We construct data...

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Brad DeLong's Grasping Reality 2019-10-31 16:38:02

Matthew Chapman: Uber and Lyft Put Up $60 million for Ballot Fight: 'On Thursday, Bloomberg News reported that ride-sharing giants Uber and Lyft are prepared to spend 60 million in support of a potential California ballot question in 2020 that would prevent their workers from being classified as employees. The push comes as the California legislature advances AB 5, which would require any workers who perform functions that aren’t outside the course of their employer’s business to be...

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Brad DeLong's Grasping Reality 2019-10-31 16:33:26

A very nice look-back at a big story from a decade ago that simply did not happen: Ben Casselman: The White-Collar Job Apocalypse That Didn’t Happen https://www.nytimes.com/2019/09/27/business/economy/jobs-offshoring.html: "'Where in retrospect I missed the boat is in thinking that the gigantic gap in labor costs between here and India would push it to India rather than to South Dakota', Mr. Blinder said in a recent interview.... Adam Ozimek revisited Mr. Blinder’s analysis to see what...

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Brad DeLong's Grasping Reality 2019-10-31 16:32:06

There are remarkably good odds that the next global recession will be triggered by the miscalculations of politicians who have no business holding any office whatsoever. I have but one quibble with Nouiiel Roubini's argument here. The situation in Argentina is dire for Argentina and the southern cone, but it is not the kidn of thing that can provoke a global recession. Trump and Johnson, by contrast, might:  Nouriel Roubini: Four Collision Courses for the Global Econom...

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Brad DeLong's Grasping Reality 2019-10-31 16:31:09

Of all the very strange things the New York Times has published since October 1, 2016, perhaps the strangest is the Bret Stephens column comparing George Washington University Professor Dave Karpf to Joseph Goebbels. Why did Stephens do this? Because Karpf had tweeted “the bedbugs are a metaphor. The bedbugs are Bret Stephens” in reply to New York Times assistant editor Stuart A. Thompson's tweet that there were bedbugs in the New York Times newsroom. In response to things like this, I...

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Brad DeLong's Grasping Reality 2019-10-31 16:28:36

No matter what our domestic economic problems, it is still essential to remind ourselves that for humanity as a whole the years since 1980 have seen the greatest improvement in economic well-being, globally, of any forty-yer period in human history. We have been truly blessed: Noah Smith: Globalization Has Cut Inequality Between Rich and Poor Countries https://www.bloomberg.com/opinion/articles/2019-09-24/globalization-has-cut-inequality-between-rich-and-poor-countries: "Up through the...

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Brad DeLong's Grasping Reality 2019-10-31 16:27:39

John Authers: Newsletter: Powell Will Need a Horror Show to Cut Again https://mail.google.com/mail/u/0/#inbox/FMfcgxwDrvGtsgdxLzJlcxQKswVjrTMM: 'Every so often, I make a good call. It’s nice when it happens. So I start by drawing your attention to... “Could this be the point when Powell tries to stake out his hawkish credentials once again, and stock market day-traders, mugs though they are, show they have at last learned to anticipate this and price it in? We will know soon enough.” It...

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Fairly Recently: Must- and Should-Reads, and Writings… (October 31, 2019)

Bret Devereaux: War Elephants https://acoup.blog/2019/07/26/collections-war-elephants-part-i-battle-pachyderms/: "Part I (this one) is going to look at how the elephant functioned in battle: how did it work as a weapon-system and why would anyone want to have it? Part II (next week) will then turn and ask the question: if elephants are such awesome weapon systems, why did the Romans defeat and then abandon them (and why did the Chinese never meaningfully adopt them)? Part III (the week after...

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Brad DeLong's Grasping Reality 2019-10-31 03:09:38

IMHO, the late Marty Weitzman's finest work. I would give a testicle or equivalent value to have written this: Marty Weitzman: Prices vs. Quantities https://delong.typepad.com/prices-vs-quantities.pdf: "There is, it seems to me, a rather fundamental reason to believe that quantities are better signals for situations demanding a high degree of coordination. A classical example would be the short run production planning of intermediate industrial materials. Within a large production...

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