I mentioned this article from VoxEU by Alessina et al a while ago (1st bullet point). Meanwhile Gilles Saint-Paul came forth with a tough critique and Alessina, Ichino and Karabarbounis have replied today.
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Best phrase I’ve read today
→ Read moreSure, let those who have become rich under capitalism try to do good things for those who are still poor, as Mr. Gates has admirably chosen to do. But a New-Age blend of market incentives and feel-good recognition will not end poverty.
Econlinks for 06-02-’08
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Why we kiss, in case you were wondering… Not much to do with economics per se, unless you want to make the link to things some people consider related, such as when to say “I love you” (4th bullet point):-).
Song of the day: “Non-convex desires”, by John DiNardo
Today’s song is by an amateur musician and professional (academic) economist (a winning combination anytime!), John DiNardo. You can listen to “Non-convex desires” here (in .mp3 format) and you can read an approximation of its lyrics here (compared to the audio version linked above, you will notice some permutation in the early verses, some slightly changed words and the last verse left entirely for future research :-)).
→ Read more Econlinks for 4-02-’08
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Greg Mankiw’s birthday wish (with my “Happy Birthday”, of course!). Among other things, I learnt I’d be young forever, despite being (aspiring to be?) an economist; here’s why: “[…] you know you are old when you spend more time thinking about money than sex.