Manufacturing Jobs

Paul Krugman recently wrote: "We have a big trade deficit and a highly inflated housing sector. One result has been that we’ve lost a lot of manufacturing jobs." (Thanks to Brad DeLong.) Well, let’s take …
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Dynamic Capitalism

Today’s Wall Street Journal has a great column by the newest Nobel prize winner in economics, Edmund Phelps.  For those with subscriptions, the link is here.  The article is entitled "Dynamic Capitalism" and it contrasts …
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Capitalism and the Poor

Interesting pre-review over at Crooked Timber (thanks to Mark Thoma at Economist’s View for the tip): The best recent books about capitalism and the circumstances in which it helps poorer people escape their poverty are …
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Funny Listening

I just learned that the Capitol Steps have many of their new songs on line.  Listen here.If you’ve been to a major convention in Washington, DC, you may have heard their hilarious songs about current …
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Immigration’s Impact on Low-Wage Americans

Nice, short, readable article by an economics professor (wow!) about immigration.  Read it here.  Key takeaways from Alan  Krueger’s article:1) the best research suggests that foreign immigrants don’t depress the wages or employment opportunities of …
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