Sunday, July 02, 2017

moral consequences of economic growth

Vox interview with Benjamin Friedman

Will Wilkinson CATO review

Gregg Easterbrook New York Times review

Economist review

Brad DeLong's review

Krugman and Beauchamp are wrong:

No easy answers: why left-wing economics is not the answer to right-wing populism by Zack Beauchamp Mar 13, 2017

The Case for Countering Right-Wing Populism With ‘Left-Wing Economics’ by Eric Levitz

Populism and the Politics of Health by Paul Krugman March 14, 2017 1:43 PM
And yet, and yet: Trump did in fact win over white working-class voters, who thought they were voting for a populist; Democrats, who did a lot for those voters, got no credit — rural whites, in particular, who were huge beneficiaries of the ACA, overwhelmingly supported the man who may destroy their healthcare. 
This ties in with an important recent piece by Zack Beauchamp on the striking degree to which left-wing economics fails, in practice, to counter right-wing populism; basically, Sandersism has failed everywhere it has been tried. Why? 
The answer, presumably, is that what we call populism is really in large degree white identity politics, which can’t be addressed by promising universal benefits. Among other things, these “populist” voters now live in a media bubble, getting their news from sources that play to their identity-politics desires, which means that even if you offer them a better deal, they won’t hear about it or believe it if told. For sure many if not most of those who gained health coverage thanks to Obamacare have no idea that’s what happened.
Any answer to right-wing populism requires left-wing economics: 
Why Zack Beauchamp’s piece arguing otherwise is wrong by eshhou

No Easy Answers, Just Bad History by Marshall Steinbaum

Liberals and diversity by Matt Bruenig

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