Around the Traps 5/4/13

It is Friday again and we find joy of joys both David Glasner and Ricardian Ambivalence writing again. RA is on fire.

I do not get anything from Andrew Gelman and I have found a new blog on econometrics!!


Aussie,Aussie,Aussie,Oy,OyOy!!

• Ricardian Ambivalence asks how-much-slack-in-the-aussie-labour-market? and then looks at  the-feb-gross-flow-data 
• Harry Clarke on vehicle-driven-pollution-emissions-severe-health-damages-among-children
• The Kouk examines government-debt-facts-versus-fiction very late but he wipes the floor with Judith Sloan on the issue .( he does that a lot)
• Mumble on politicians_as_commentators/, labors_twin_problems and gender_gap_alive_and_well
• Robert Merkel on international-action-on-climate-change-whats-happened compare article and comments with Sinclair Davidson with greenies-are-losing-the-economist. Sinclair infers there has been a structural break in world temperatures but NEVER actually says it!
• Nick Gruen on public-private-partnerships-2-0
• Kevin Bonham on marginals-mayhem-2-labor-losing-lot
• Grog's Gamut looks at the-rba-leaves-cash-rate-at-3% and its history and he also looks at what-is-median-australian-income
• Special Catallaxy watch  Sinclair Davidson at his worst slurring -robyn-williams although to be fair he has a poor grasp of the English language. Katesy shows he is barking MAD

US

• Ricardian Ambivalence says us-consumption-turns-up-inflation-remains-low
• Mark Thoma gives us reactions-to-mankiw-on-the-long-run-budget-path  pro-growth liberal on mankiws-mistakes-on-long-run-debt-issue
• Kruggers on bond-bubble-brouhaha and financing-the-deficit-more-feldstein and hits Hayek and Reagan ( Where's Greg Ransom?) and america-the-debtor
• Canada actually but Livio de Matteo discussesminding-the-gap
• Econbrowser has a guest contribution on is the Fed leading to trouble?
• Dan Crawford on demand-for-skills-falling?
• Brad De Long looks at John Cochrane's finest hour ( irony button on)
• Calculated risk reports fannie-mae-mortgage-serious-delinquency-lowest-since February 2009
• Steve Roth says  bernanke-misexplains-effect-of-tech-and-housing-bubbles

Europe

• Wolfgang Muchau says economics will eventualy catch up with the euro
• Kruggers on europes-second-depression-a-correction and very-ernstig-people
•   Simon Wren-Lewis on the-view-from-brussels and then Kruggers  the-ecb-and-the-austerity-trap and john McHale on simon-wren-lewis-on-buti-and-carnot
• Kevin O'Rourke on political-asymmetries-and-emu
• Colm McCarthy on cyprus-and-capital-controls
• Simon Wren-Lewis on dealing-with-increasing-uk-poverty andwhat-does-ecb-think-it-is-doing

General

• Via Brad De Long Olivier-blanchard-five-lessons-for-economists-from-the-financial-crisis
• and robert-farley-the-political-scientist-as-blogger-food-for-thought
• Kruggers on the-price-is-wrong
• Noah Smith on the-swamp-of-dsge-despair  Stephen gordon agrees
• Menzies chin on teaching_mundel_fleming ( includes simon Wren-Lewis's original article and rejoinders. A MUST read) also related Nick rowe saying modern-lm-curves-are-vertical
• David Glasner on remembering-armen-alchian
• James Hamilton looks at the_death_of_peak_oil  ( Jimmy peak oil is about the cost of producing oil !)
• Lord Keynes on greedy-reductionism-science-and-economics and hodgson-on-methodological-individualism
• Ricardian Ambivalence on bernankes-ghost-at-the-boj  (great piece)
• Brad De Long on global-savings-glut-global-risk-tolerance-shortage
• Jonathon Portes on the-economic-objectives-of-immigration
• Late but Noah smith says abe-surprised-me
• Very late ( Bad Andrew) but he looks at  possible_models 

Andrew Gelman (He is a MUST read each week)and some others ( Statistics) taste in art is suspect though

• another feller theory/
• statistical-modeling-a-fresh-approach
• wolfram-on-mandelbrot
• hierarchical-array-priors-for-anova-decompositions
• when-is-there-hidden-structure-in-data-to-be-discovered
• VERY late david-brooks-writes-that-technical-knowledge-the-statistical-knowledge-you-need-to-understand-what-market-researchers-do-the-biological-knowledge-you-need-to-grasp-the-basics-of-what-nurses-do
• Barry Ritzholtz says say-it-with-me-correlation
• Good Stats Bad stats on bad graphs and did I get the data I asked for?
• Kaiser Fong on the-mirage-of-large-numbers
• Dave Giles on papers-ive-been-reading ( econometrics blog!)

Wonk

• via Mark Thoma unconventional-monetary-policy-and-the-dollar ( read the linked paper)
• Noah Smith asks what-is-economic-equilibrium
• The Marvellous David Glasner (tautology) on hawtrey-v-keynes-on-the-rate-of-interest-that-matters  ( read the comments and he criticises Keynes!) Fantastic mini-series and a must read)
• econbrowser on guest contribution on sticky prices

VoxWonk

• decoupling-us-and-european-economies-evidence-nowcasting
• girls-education-and-medieval-commerce
• infrastructure-governance-failures
• fiscal-consolidation-and-implications-social-spending-long-term-fiscal-sustainability
• voting-theory-and-papal-conclave  ( tastes are too catholic for mine!)
• deposit-insurance-after-iceland-and-cyprus
• save-more-improve-infrastructure-latin-america-and-caribbean
• pay-attention-wto-leadership-contest-it-matters
• income-and-schooling

Stop the presses. 
The following are comments on US non-farm payrolls

• ricardian ambivalence
• Mark Thoma gives us Tim Duy
• calculated risk
• macroblog