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Det byggs en massa i Umeå, så stadskartan ändras hela tiden. Lantmäterikontoret här i Umeå verkar hålla någorlunda koll på vad vi bygger i stan, men det är struntsamma eftersom de verkar vara ofantligt dryga att ha att göra med. Försöker man få ut data och uppgifter så är det... Continue »
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I survived!!! I'm alive! I'm alive! I survived my rotator cuff surgery and, more importantly, I survived the mister as my caretaker!!! I know you'll be expecting me to complain... Continue »
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**Over at [Equitable Growth](http://EquitableGrowth.org): Must-Reads:** * **Nick Bunker**: [Maybe central banks should buy stocks as well - Equitable Growth](http://equitablegrowth.org/maybe-central-banks-should-buy-stocks/)* **Theda Skocpol**: [What Jane Mayer's Dark Money Misses About Today's Radical Right](https://www.dissentmagazine.org/online_articles/jane-mayer-dark-money-review-koch-brothers-gop) * **Kara Scannell and Vanessa Houlder**: [US Tax Havens--The New Switzerland](http://equitablegrowth.org/?p=26265) * **Scott Lemieux**: [Obama's Legacy](http://equitablegrowth.org/?p=26263) * **HillaryClinton.com**: [Hillary Clinton's Plan for Lowering Out-of-Pocket Health Care Costs](http://equitablegrowth.org/?p=26261) ---- **Should Reads:** * **James Kwak**: [The Problem with Obamacare](https://medium.com/@jamesykwak/the-problem-with-obamacare-46cc74827131#.4ck258rqy): "Obamacare is a heroic attempt to make the best out of this basic conundrum: we are trying to use markets to distribute something that, at the end of the day, we don’t want distributed according to market forces..." * **Lucy Marcus**: [What’s Wrong With Executive Compensation?](https://www.project-syndicate.org/commentary/questions-executive-pay-packages-by-lucy-p--marcus-2016-05) * **Brad Barber and Terrence O'Dean**: ["Individual investors who hold common stocks directly pay a tremendous performance penalty for active trading... those that trade most earn an annual return of 11.4 percent, while the market returns 17.9 percent.... Trading is hazardous to your wealth..."](http://faculty.haas.berkeley.edu/odean/papers%20current%20versions/individual_investor_performance_final.pdf) * **Roland Nikles**: [Jefferson's Republican Virtues: Wrong in 1804, Wrong Today](http://rolandnikles.blogspot.com/2016/05/jeffersons-republican-virtues-wrong-in.html): "Brad DeLong has a new book out with Steven Cohen, _Concrete Economics: the Hamilton Approach to Economic Growth and Policy_..." * **Martin Wolf**: [‘Global Inequality: A New Approach for the Age... Continue »
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[**Underappreciated Moments in Economic History**](http://ftalphaville.ft.com/2016/04/22/2159918/alphachat-under-appreciated-moments-in-economic-history-mid-career-switches-the-age-of-stagnation/) **Cardiff Garcia:** Welcome to AlphaChat, the business and economics podcast of the _Financial Times_. I'm Cardiff Garcia.... First up on the show is Brad DeLong, an economist and economic historian at the University of California at Berkeley. He is also the coauthor of the New Book: _Concrete Economics: The Hamilton Approach to Economic Growth and Policy_. We are going to be discussing this book in a forthcoming episode of Alphachat-Terbox, our long-form sister podcast segment. But for this I have asked Brad to choose three under appreciated moments in economic history, and to give us the lessons we should learn from those events. I do not know what Brad's chosen. I will be learning along with you. Brad: Thanks for common on AlphaChat. **Brad DeLong:** Thank you very much. **Cardiff Garcia:** So what is first on the agenda? What is the first underappreciated event in economic history that you want to share with us? **Brad DeLong:** The first is the bursting of the 1825 canal bubble in Britain, centered on London finance. It is the first time we have a business cycle that is truly triggered not by the embarrassment of some dominant banking house... Continue »
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**Live from Not Quite Sixteenth-Century Europe: Must Read: Guy Gavriel Kay**: [Children of Earth and Sky](http://amzn.to/1VS5XxM) Continue »
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Summer drinks have a totally different vibe than winter drinks for a good reason. Gone are the thick, warm fare of hot chocolate and egg nog, and in its place we want fresh flavors served as cold as possible. I love the flavor of fresh fruit and herbs together, and I like to have little pots of herbs on my back porch in warm weather so I can step out... Continue »
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**Live from Over the Rocky Mountains:** I see that the War on Nate Silver has broken out again, with another article less appetizing than bilgewater in_The New York Times_, written by Jim Rutenberg: >Still more recently--as in Tuesday--the data journalist Nate Silver... gave Hillary Clinton a 90 percent chance of beating Bernie Sanders in Indiana. Mr. Sanders won by a comfortable margin of about five percentage points.... The lesson [from Eric Cantor's defeat] in Virginia, as the Washington Post reporter Paul Farhi wrote at the time, was that nothing exceeds the value of shoe-leather reporting, given that politics is an essentially human endeavor and therefore can defy prediction and reason... Justin Wolfers says: And so it begins... Apparently the lesson of Trump is that journalists should ignore data. #headdesk https://t.co/zblWBU3SLR— Justin Wolfers (@JustinWolfers) May 5, 2016 And Nate has his comment: [Nate Silver Being Smart and Bringing the Snark: "Do You Know What 'Polling' Is?](https://storify.com/delong/nate-silver-do-you-know-what-polling-is) It's Talking to Voters in a Structured Way to Reduce Bias" But rather than talk about the anti-empirical reporters--horse-race journamalists who try to avoid learning about horses, tracks, or jockeys--and their claim to magical expertise via choosing and flattering particular sources, it's more fun to... Continue »
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[**Over at Equitable Growth:**][1] Noah Smith asks a question: Which of Hayek's ideas are now widely accepted? I can't think of any. https://t.co/byp4vG7QLk— Noah Smith (@Noahpinion) May 9, 2016 I agree with Milton Friedman: Milton Friedman: "Friedrich von Hayek was a great economist..." Hayek's great contribution is this: Competitive markets without externalities populated by well-informed self-regarding rational individuals generate highly productive outcomes because the market has powerful emergent properties that make it an extremely powerful and incentive-compatible societal mechanism for eliciting the revelation, aggregation, and transmission of information about resources, capabilities, needs and desires. [**Read MOAR**][1] [1]: http://equitablegrowth.org/?p=26058 Adam Smith had the part by which societal systems have emergent properties. And Adam Smith believed that the market was a good thing--much better than mercantilism or physiocracy--because it was the "system of natural liberty". But in Adam Smith's thinking, the emergent properties that were good were not those of a competitive market without externalities populated by rational individuals. In _Wealth of Nations_, the Invisible Hand is one in which the psychological home bias of merchants interacts with an agglomeration externality to produce beneficial results--at least for trading metropoles like Amsterdam and London. In _Theory of Moral Sentiments_, the Invisible Hand in... Continue »
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Top APPFRIDAY today with 38 fun and educational FREE apps for kids. Download now 3 apps from the MacoPolo learning series; A cool graphic novel for teens - Sue and the Shadow; A fun learning game for preschoolers by Eggroll; a cool multiplayer math game app - Monster Math 2; A world atlas by Lonely planet for Kids… and a lot more! Have fun with apps! Continue »
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**Live from the Republicans' Self-Made Gehenna: Norm Ornstein**: [The Political Scientist Who Saw Trump's Rise Coming](http://www.vox.com/2016/5/6/11598838/donald-trump-predictions-norm-ornstein): "I had focused for so long on the growing dysfunction inside the Republican Party... >...I believed that its leaders had generated an awful lot of the anger out there... combined that with the set of polls that we began to see that showed 60 to 70 percent support for outsiders and insurgents... thought that this conventional wisdom that... these flavors of the month would emerge but then fade, and the voters would eventually fall back on an establishment figure... didn’t ring true.... And then when I began to look at who the outsider and insurgent candidates were, it just seemed to me that Trump and Cruz were the two most likely to emerge. Because they both tapped into different elements of this anger out there.... >This is a self-inflicted wound by Republican leaders. Over many years, they've adopted strategies that have trivialized and delegitimized government. They were willing to play to a nativist element. And they tried to use, instead of stand up to, the apocalyptic visions and extremism of some cable television, talk radio, and other media outlets on the right.... They've delegitimized... Continue »
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**Must-Read:** From last winter... **Kevin O'Rourke**: [The Davos Lie](http://equitablegrowth.org/?p=25966): "As I write these words, the great, the good and the self-important are trudging around in the Alpine slush... >...sporting their best parkas and a variety of silly hats, and opining about the state of the world.... If there's one thing that people agree about in Davos, it's that globalisation is a Good Thing. And indeed, so it is, if the alternative is the autarky of the inter-war period.... If you are even slightly cosmopolitan in your ethical outlook, you should want this to continue. But it always makes sense to ask whether you can have too much of a good thing.... Who are the winners from globalisation, and who are the losers?... Developing economies with lots of cheap unskilled labour should export textiles and other labour-intensive manufactured goods to rich economies where wages are high. A second implication is that labour-intensive industries should go into decline in rich countries. A third implication is that this should lower the demand for unskilled workers, hence lowering unskilled wages and increasing inequality.... The debate has swung back towards the view that trade is important in explaining rising inequality, not only in rich countries,... Continue »
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**Comment of the Day: Sans Souci**: [The University of Chicago and the Wall Street Journal Have Mammoth Quality Control Problems](http://www.bradford-delong.com/2016/05/must-read-very-welcome-backup-from-the-very-sharp-and-extremely-hard-working-newly-ex-academic-noah-smith-i-very-much-h.html?cid=6a00e551f08003883401b7c85451b3970b#comment-6a00e551f08003883401b7c85451b3970b): "Some claim that extraordinary claims do not require extraordinary evidence... >John Cochrane.... 'Brad Delong posted a response to my oped on growth in the Wall Street Journal. He took issue with my graph...' What are the odds that: 1. John Cochrane does not know that the data reject his maintained assumption that log GDP per capita is a linear function of log "Business Climate", as opposed to 2. he knows very well that the data reject his log-log specification, but is pretending not to? Any guesses? I put the odds as about 50-50 myself... Continue »
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****: [Bruce Springsteen opens Brooklyn show with Purple Rain](https://www.youtube.com/watch?v=KkOxeKA2WNE&ab_channel=StanGoldstein): Continue »
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**Janelle Bouie**: [How Donald Trump happened: Racism against Barack Obama](http://www.slate.com/articles/news_and_politics/cover_story/2016/03/how_donald_trump_happened_racism_against_barack_obama.html): "we’ve been missing the most important catalyst in Trump’s rise... Barack Obama... >...Obama is a conventional politician—well within the center-left of the Democratic Party. Or at least, he’s governed in that mode, with an agenda that sits safely in the mainstream. Laws like the American Recovery and Reinvestment Act and the Affordable Care Act weren... built out of proposals from the right and left, passed by a majority of Congress that was elected to pursue solutions on health care and the economy. Barack Obama is many things, but conservative rhetoric aside, he’s no radical. >We can’t say the same for Obama as a political symbol, however. In a nation shaped and defined by a rigid racial hierarchy, his election was very much a radical event, in which a man from one of the nation’s lowest castes ascended to the summit of its political landscape... with heavy support from minorities: Asian Americans and Latinos were an important part of Obama’s coalition, and black Americans turned out at their highest numbers ever in 2008.... For millions of white Americans who weren’t attuned to growing diversity and cosmopolitanism, however, Obama was a shock,... Continue »
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Mindfulness meditation for kids is a great technique to help and support your kids relax, deal with stress, anxiety and improve their mental well-being. There are many resources available and today we want to let you know about Mindfulness for Children - Meditations for kids By Jannik Holgersen a top resource for parents and teachers to let your kids experience the benefits of meditation. Continue »
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**Live from Deseret:** The problem with Megan McArdle's analysis here is that John Kasich would odds-on have made the best president of the Republican candidates, and it was worth his staying in in the hope that the donors would act on that and the voters would learn that: **Megan McArdle**: [The Four Horsemen of the Republican Apocalypse](http://www.bloomberg.com/view/articles/2016-05-04/the-four-horsemen-of-the-republican-apocalypse): "We would not be in this situation if Republican primary voters had mostly rationally tried to pursue two goals... >...1) nominate someone as conservative as possible and 2) win the general election. The field would have consolidated around Marco Rubio, and Democrats would now be anxious.... Why didn’t that happen? Blame... Donald Trump.... He’s a celebrity candidate, and celebrity candidates break election models.... Jeb Bush.... His decision to run for president in this cycle has to rank as one of the stupidest political bids of all time simply because his last name is toxic.... Yet somehow, Jeb Bush not only threw his hat in the ring, but also managed to convince Republican donors to come along for the ride.... Chris Christie... should never have stayed in the race as long as he did.... John Kasich... [who] is not a particularly compelling candidate, lacking... Continue »
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Did you know Typepad is on Pinterest? It's true! We love pinning and repinning great content from Typepad blogs in every genre, and we're always looking for great, inspirational content. Are you on Pinterest? Drop... Continue »
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Adding an image to your blog's sidebar is an easy way to make your blog more engaging. You may want to display an image that is related to your blog's theme, promote a cause or... Continue »
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Earth Day 2016! The perfect day to raise your kids' awareness about our planet and how to protect it! Every year on April 22, people show support for environmental protection. Your kids will for sure speak about it at school and to help you raise your kids' awareness Fun Educational Apps has selected some great apps for you and your kids to speak about, discover, explore and learn how to protect our planet. Continue »
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