Around the Traps 19/4/13 Special Rogoff and Reinhart edition

It is Friday in Sydanee and so time for Around the Traps.
UPDATE. It is teeming down here today so no football . Thus I have added to Around the Traps

We have had much controversy concerning Rogoff and Reinhart thus I give them a special section with lots of views on their work.

Many thanks to Mark Thoma who must never sleep and puts up wonderful items on his great blog. We loves ya in OZ Mark!!

I will update when I can. however the great Western Sydanee Wanderers are in the A-League final so no promises.

Enjoy


Aussie,Aussie,Aussie,Oy,Oy,Oy

• Harry Clarke celebrates the us-masters
• John Quiggin on there-is-a-world-market-for-maybe-five-computers
• Mark Banisch on so-much-for-the-education-revolution
• Mumble on the_nodding_position, cause_and_effect_malfunction and zero_sum_game_of_mavericks
• Antony Green on barnaby-joyce-new-england-and-his-senate-seat
• Ricardian Ambivalence says commonwealth-budget-on-track-for-20bn-deficit ( no bad thing),what-can-we-learn-from-nz-cpi and gross-flows-and-long-term-unemployment and very very late ( Bad RA) gdp-was-what?
• Brian Banisch on tipping-point-for-climate-action
• Grog's Gamut on drum-piece-progressive-tax-and-flat-tax,Sinclair Davidson says it is flat-tax-nonsense . Just a pityhe never read the Henry tax review though!
• Kevin Bonham on liberty-abortion-and-salamanca
• Peter Martin finds hockey-that-surplus-promise-ditch-it. His comments show he still doesn't understnd the fiscal position though

US

• Mark Thoma on  fed-watch-when-can-we-all-admit-the-euro-is-an-economic-failure
• Canada actually but Frances Woolley on a-day-in-the-life-of-a-behavioural-economist
• Calculated Risk on shiller-and-upward-slope-of-real-house and key-measures-show-low-inflation-in-march and very very late ( Bad CR)update-federal-and-state-improving
• Robert Waldeman on mark-thoma-qe-and-signalling
• Steve Roth on solow-on-bernanke, reading-mankiw-in-seattle
• Noah Smith on will-land-prices-rise-as-population
• Jared Bernstein says the-president-is-right-about-faster-growth-shrinking-the-deficit
• Tim Duy via Mark Thoma says fed-watch-another-spring-slowdown
• Menzies Chim on the_great_divergance( US v UK) and no_time_for_austerity_ in_ US

Europe

• Antonio Fatas on the-never-ending-recovery
• Brad DeLong gives us Barry Eichengreen europe-fails-to-learn-the-lessons-of-history-notes-on-political-union-for-barry-eichengreens-future-of-the-euro-conference  (really good)
• Kruggers  on dnwr-in-the-ea and europe-in-brief
• John McHale on simon-wren-lewis-on-a-different-kind-of-lender-of-last-resort, mario-draghi-the-role-of-monetary-policy-in-addressing-the-crisis-in-the-euro-area ( with lots of links and useful comments to boot!)
• Simon Wren-Lewis on framing-taxpayers-money-and-fiscal-space
• Philip Lane on rethinking-macro-policy-ii-getting-granular
• Tim Duy via Mark Thoma fed-watch-accepting-failure

Andrew Gelman(Statistics really)

• why-girls-do-better-in-school
• detecting-predictability-in-complex-ecosystems
• how-effective-are-football-coaches?  Andrew is actually talking about gridiron not the beautiful game!!
• data-problems-coding-errors-what-can-be-done
• excel-bashing
• Good stats Bad stats on home price confusion and cost of child care going up?

General

• Owen Zidar gives us larry-summers-reviews-the-history-of-austerity
• Simon Wren-Lewis on why-dual-mandate-is-essential and then Robert Waldeman on inflation-targets-and-rewriting-history  and very very late ( bad Simon wait for Monday!!)the-stupid-cruelty-of-creditor.html
• Frances Woolley on whats-a-man-worth-on-the-dating-market
• Kruggers on missing-deflation
• Lord Keynes on says-law-overview-and-bibliography, the-nature-of-time-science-and-economics
• Macroblog on higher-education-a-deflating-bubble
• Economic principals about getting serious about climate change ( thanks Mark Thoma)
• Scientific Americam on why-grad-schools-should-require-students-to-blog
• Fata and Mihow on  single-mandate-or-fear-of-inflation
• Ricardian Ambivalence reviews the-secret-race (drugs in bike riding)
• Steve Roth continues his barrage   okay-fine-lets-call-investment-saving, saving-investment-and-lending-in-real-economy
• Menzies Chin on gold_prices_falling
• John Quiggin on the-bitcoin-bubble-and-a-bad-hypothesis
• David Glasner on david-laidler-on-hawtrey-and-the-treasury-view and the-golden-constant-my-eye

Wonk

• Brad De Long says its-the-seventieth-anniversary-of-abba-lerners-functional-finance
• Mark Thoma on financial-stability-monitoring
• Nick Rowe on did-inflation-targeting-make-the-phillips-curve-really-flatter-or-just-look-flatter

Rogoff& Reinhardt Controversy

• Kruggers on holy-coding-error-batman, reinhart-rogoff-continued , further-further-thoughts-on-death-by-excel and blame-the-pundits-too, very late but correlation-causality-and-casuistry even later lack-of-nuance-is-not-the-problem
•  Mark Thoma how-much-unemployment-was-caused-by-reinhart-and-rogoffs-arithmetic-mistake 
•  Jared Bernstein not-to-pile-on-but-correcting-reinhart-and-rogoff , the-political-economy-of-reinhartrogoff-and-the-austerity-debate
• Andrew Gelman says memo-to-reinhart-and-rogoff-i-think-its-best-to-admit-your-errors-and-go-on-from-there
• Mark Thoma on empirical-methods-and-progress-in-macroeconomics
• Simon Wren-Lewis on reduced-form-macro and an-understandable-mistake
• Dan Crawford on empirical-methods-and-progress-in-macroeconomics
• Noah Smith on what-if-all-those-times-really-were
• Peter Dorman on ken-rogoff-and-carmen-reinhart-meet-Marc Hauser
• Seamus Coffey on reinhart-rogoff-the-rejoinder
• Ricardian Ambivalence on the-reinhart-rogoff-recrunch-er
• Mike Konzal on researchers-finally-replicated-reinhart-rogoff-and-there-are-serious-problems
• Rortybomb guest post on reinhartrogoff-and-growth-time-debt
• Livio De Matteo on debt-and-growth
• Very very late ( Bad bad Brad)reinhart-rogoff-weblogging-no-their-argument-for-austerity-now-didnt-make-sense
• Via Brad DeLong gavyn-davies-on-reinhartrogoff
• Steve Roth on note-to-reinhartrogoff-et-al-the-cause-usually-precedes-the-effect
• VERY VERY VERY Late ( Bad Kaiser) however Kaiser Fong says occupational-hazards-in-data-science
• EVEN LATER James Hailton on reinhartrogoff
• SAME Robert Waldeman on a-bit-on-public-debt-gdp-growth-and-causation

Voxwonk

• ringfencing-and-consolidated-bank-stress-tests
• do-elite-universities-admit-academically-best-students
• aid-trade-can-it-be-evaluated
• inflation-targeting-dead-central-banking-after-crisis
• measuring-credit-crunch
• are-germans-really-poorer-spaniards-italians-and-greeks
• geoengineering-and-abatement-flat-relationship-under-uncertainty
• augmented-inflation-targeting-le-roi-est-mort-vive-le-roi
• fighting-financial-protectionism
• macroprudential-rebalancing
• why-global-recovery-different
• distilling-macroeconomic-news-flow