Economist Blog Postings on the Great Divergence

Good read, good stats & good graphs.

First Post

Second Post

Third Post

New Fed View - The Need for Inflation

The New York Times has an article on the view that inflation may be a good thing - and that it is now too low.

The Economist also weighs in on the issue of inflation in an article describing the current situation and in the Free Exchange column.

Interviews with Robert Shiller and Eugene Fama

The New York Times has interviews with Robert Shiller and Eugene Fama about winning the Nobel Prize and that they are sharing it with each other.

This is Robert Shiller's column in the New York Times on the sharing the Nobel with Fama.

This is the Free Exchange column from the Economist on this year's Nobel Prize winners

Raj Chetty - Economics is a Science

Raj Chetty has an editorial in the New York Times arguing the Economics is a Science.

Internet Changing How Economists Work

Mark Thoma has a piece in the Fiscal Times describing how the Internet has changed the way Economists work.

Economist Lawrence Klein Dies

The New York Times has an article on Lawrence Klein, an economist who won the Nobel Prize for his work on macroeconomic statistics and modeling.

Gap Between Education and Schooling

The New York Time's Economix blog has an article on Lant Pritchett and his book on the gap between education and schooling - basically, why students even though they are going to school in greater numbers around the world are not actually becoming more educated.  This introduction to his book is here.

Capturing Price Differences

The New Yorker's Currency blog has a post on the Premise that hires people around the world to record prices on their smartphones so as to capture and report out price discrepencies.  It is another example of using modern technology to provide real-time economic data.

Good teaching and Students' Lifetime Incomes

The Economist has a good article on how good teaching significantly raises the lifetime earning of their students and how to use good teachers to have the maximum effect on students.

Brainwaves to test prices

The magazine Spiegel has an article about a German scientist who is using brainwave studies to determine optimal prices for coffee - his evidence indicates that Starbucks is charging too little and that customers would be willing to pay more.  Interesting behavioral economics application.

Thanks,

Rich