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Paul Krugman's Nostalgianomics: Economic Policies, Social Norms, and Income Inequality
cato.org - 2/10/2009
Paul Krugman's Nostalgianomics: Economic Policies, Social Norms, and Income Inequality
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White Paper February 9, 2009 Paul Krugman's Nostalgianomics: Economic Policies, Social Norms, and Income Inequality by Brink Lindsey What accounts for the rise in income inequality since the 1970s? According to most economists, the answer lies in structural changes in the economy— in ...
willwilkinson.net - 2/6/2009
The Passionate Politics of Paul Krugman’s Apolitical Economics
— willwilkinson.net — Like the president, Krugman seems firmly caught in the paradox of countercyclical macroeconomic politics . The intermediate-level... textbook theory says that at times like these we need a certain kind of policy to steady the economy’s nerves and ... (more) The Passionate Politics of Paul Krugman’s ...

Comments vote down Matthew Yglesias found this 2/6/2009found this
thedemocraticstrategist.org - 2/10/2009
To Obama's Progressive Critics: Take a Deep Breath
— thedemocraticstrategist.org — Note: this is a guest post from Will Marshall, president of the Progressive Policy Institute, offering his... own take on the debate over President Obama's handling of the stimulus legislation. We invite and intend to publish different points of view... (more) To Obama's Progressive Critics: Take a Deep Breath

Comments vote down Upper Left found this 2/10/2009found this
perrspectives.com - 2/7/2009
Tentative Stimulus Deal Confirms Krugman's Law
— perrspectives.com — As I noted earlier, the Senate has apparently reached a $780 billion compromise stimulus package after supposed... moderates amputated over $100 billion in funding for health care, education and other vital initiatives. While many of my liberal allies ... (more) Tentative Stimulus Deal Confirms Krugman's Law

Comments vote down Suburban Guerrilla found this 2/7/2009found this

Blog Reactions

Matthew Yglesias:  Brink Lindsey Accuses Progressives of Peddling “Nostalgianomics”

Instapundit:  BRINK LINDSEY ON Paul Krugman’s Nostaligianomics. “The political economy of the early postwar decad…

The Corner on National Review Online:  Whither Liberaltarianism?

Comments
Blog Reactions

Brink Lindsey Accuses Progressives of Peddling “Nostalgianomics”
Matthew Yglesias — ... Cato’s Brink Lindsey has an informative, but ultimately pretty strange, new research paper out titled “Paul Krugman’s Nostalgianomics: Economic Policies, Social Norms, and Income Inequality”. You could almost think of it as two papers, in fact. One an informative discussion titled “Economic Policies, Social Norms, and Income Inequality” looking at the transition from the low-inequality equilibrium of postwar America to the high-inequality equilibrium of the present day. And the other a kind of silly attack on Paul Krugman that accuses him of ...

BRINK LINDSEY ON Paul Krugman’s Nostaligianomics. “The political economy of the early postwar decad…
Instapundit — ... BRINK LINDSEY ON Paul Krugman’s Nostaligianomics. “The political economy of the early postwar decades, while it generated impressive results under the peculiar conditions of the time, is totally unsuited to serve as a model for 21st-century policymakers. And as to the social attitudes and values that undergirded that political economy, it is frankly astonishing that self-described progressives could find them attractive.” ...

Whither Liberaltarianism?
The Corner on National Review Online — Wednesday, February 11, 2009 [image] Whither Liberaltarianism? [ Jonah Goldberg ] As I read Brink Lindsey and Will Wilkinson these days quite a bit, I think I'm on safe ground when I say they are suitably vexed by the stimulus bill and its chief defenders. Which gets me wondering: Whatever happened to liberaltarianism ? You may recall that Brink led the charge for a kind of rebranding of libertarianism a couple years a go, one that involved forging a new liberal-libertarian alliance. Will Wilkinson, disatisfied with the trace euphonious ...

Immigration Tidbits
The Corner on National Review Online — ... . * Let them eat cake! Cato Institute's Brink Lindsey acknowledges that mass immigration increases income inequality . For instance: "The upshot of these changes was to add to the increase in income inequality over the past generation through the following channels: Increasing the supply of less-skilled workers (through increased immigration ..." * Don't they teach math in Australia? "By far the largest occupational category of migrants gaining permanent residence under the skilled visa subclasses is ...

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