Saturday, October 26, 2013

macro

Brad DeLong: Review of Alan Blinder's "After the Music Stopped": Foreign Affairs Version

DeLong goes soft on Democratic presidents. Johnson privatized Fannie and Freddie for a one-time boost to his budget numbers. Clinton "reformed" welfare which boosted poverty levels. Clinton and Carter deregulated. Clinton reappointed Greenspan who allowed a shadow banking system to arise, unregulated.

Macrofoundations (Wonkish) by Krugman

The macro foundations of microeconomics by John Quiggin

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