Wednesday, March 24, 2021

A Table of Contents for that Big Post I've Been Warning You About Entitled "Uh Oh: Politics as Macroeconomic Theory"

I am not sure when I am going to get this thing done. There's so many connected ideas. So I'll go back to what Id did for the 2017 tax reform: put up a table of contents, break the post into pieces, and post and link them as I get them done.

You should not have to feel like you have to start this right away, or read it all at once.

Do try, at least the first time around, to read these in the order they are posted. 

Of course, at this point, I make no guarantees that I won't update items linked towards the top, or add new ones.

And don't forget that this is a blog. If you're going to just do them one by one, you need to scroll UP. Also, there are other unrelated posts mixed in along the way.

General Outline of My Plan for Covering the Issues Surrounding Mason's Post

(Neoclassical) Economics and Economists

Economists of Other Denominations 

What Did Mason Write? (the short version) 

So Who Is J.W. Mason?

Why Observational Equivalence Means You Should Read Mason, But Could Also Mean He's Wrong (or Right)

Fiscal Policy Is Oversold Anyway

Do Not Believe the Political Party Labels — Think for Yourself About Who Is/Was More Conservative or Progressive 

Mason's Introduction: Politicians Have Pushed Economists Out of the Discussions About Economics Within the Democratic Party

Mason's # 1: The Statistics We Use to Assess Whether the Labor Market Is Healthy Are Intentionally Chosen to Make Things Look Better Than They Are 

Mason's # 2: Dismissing that Fears of Overheating Might Be Warranted

Some Economic History Jargon You Need to Know: Neo-Classicals and New Classicals  

Mason's # 3: He Thinks This is About Hysteresis, I Think It's About Stochastic Trends

Mason's # 4: The Economy Has, for a Long Time, Been Much Weaker Than Neo-Classicals Admit

Mason's # 5: The Size of the Debt and Deficit Don't Matter

Mason's # 6: Work Incentives Don't Matter Much 

Mason's # 7: Direct Visible Spending Is Better 

Mason's # 8: Means-Testing Is Not Easy

Mason's # 9: Aggregate Demand is Chronically Weak 

Mason's # 10: The Government Is Better at Stuff than the Private Sector Is

ARPA and ARRA 

Mason's Epilogue

" ... Progressives like Heather Boushey and Jared Bernstein ..." 

What Did Tyler Cowen Say and Mean In His Original Post 

John Cochrane's Response to Mason

Tyler Cowen On "Running the Economy Hot" 

Tyler Cowen's "Decades of Evidence on the Cyclicality of Real Wages"

Larry Summers: 'least responsible' Economic Policy In 40 Years

Tyler Cowen on Twitter Economics, Plus Tufte on Sanders' People in 2016 

Noah Smith On the New Macro

And Don't Forget Candidate Clinton in 2008

What Bugs Me About All of This

Discussion Roundup for 4/6: Where Progressives Fit In, Plato, Axioms vs. Conclusions, Observational Equivalence, and How We Got the Mix Mason Likes

Discussion Roundup for 4/8

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