Bine Kordež

V Sloveniji smo se v zadnjih petih letih močno zadolžili, dolg se je povečal od 22 % BDP na skoraj 80 %. Zadolžili smo štiri ali celo pet bodočih generacij, ki bodo odplačevale obveznosti, ki so jih nekateri povzročili z neodgovornim ravnanjem. Vsakemu Slovencu od dojenčka naprej so naprtili preko 12 tisoč evrov dolga. Samo zadnje leto je neodgovorna vlada najela preko 10 milijard evrov za polnjenje bančnih lukenj. Če vam takšne navedbe zadoščajo za oblikovanje mnenja o javnem dolgu, potem z branjem lahko zaključite. Če pa vas mogoče vseeno zanima, kaj konkretno se skriva za temi številkami, kaj je bil razlog zanje in kakšno obremenitev predstavljajo, pa nekaj podatkov in ocen v nadaljevanju. Nadaljujte z branjem→

Domagoj Margetić, raziskovalni novinar, o misteriju vzpona Hypo banke prek sredstev, ki sta jih Tuđman in Milošević z roko v roki naropala v času vojne, spravila v tujino (tudi prek LHB banke iz Frankfurta) in nato dala v upravljanje Hypo banki. Ostalo je nekaj mrtvih, preganjani novinarji in velikanska bančna luknja avstrijske države.

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Noah Smith, Economists used to be the priests of free markets—now they’re just a bunch of engineers, Quartz

I have the vague sense that if you were an idealistic, brilliant young libertarian in the 1960s and ’70s, you might naturally dream of growing up to be an economist. You might watch a rousing speech by Milton Friedman, and you might imagine that one day you, too, would use the power of logic and rationality and mathematics to ward off the insanity of socialism. Well, America still has some idealistic, brilliant young libertarians, and some of them probably still dream of becoming economists. But now they will be in the minority. They will be joined by quite a few—maybe more—idealistic brilliant young liberals, who recognize the power of markets but also want to figure out how to fix things when markets go wrong. Nadaljujte z branjem→

 Benjamin Wallace-Well, Daily Intelligencer 

Thomas Piketty’s Capital in the Twenty-First Century has thoroughly dominated the elite intellectual conversation during the four weeks since it was published. But it’s now also become a middlebrow phenomenon, the fourth-most popular nonfiction book in the country, according to the New York Times best-seller list and third-best seller (as I write) on Amazon, fiction or non-. That is an astonishing number of books sold to people who are mostly not social scientists. Its sales put it in the same blockbuster category as volumes in which a physician encounters God or Robin Roberts encounters cancer. Its popularity has helped turn inequality into a constant theme not just on MSNBC, but on Fox News. Nadaljujte z branjem→

Nekaterim ljudem ne moreš zaupati niti čuvanje petih ovac narisanih na papirju. Le v nekaj urah bi vsaj tri od petih izginile neznano kam.

Gašpar Gašpar Mišič (v Financah) o pomanjkljivi kontroli nad izvajanjem poglabljanja morskega dna na kontejnerski obali, zaradi česar so v Luki Koper odslovili italijanskega izvajalca Costruzioni Generali Xodo. Nadaljujte z branjem→

• Already in the Lowflation Trap – Paul Krugman
• Yes, economic policy did fail – Simon Wren-Lewis
• Did economics fail? – longandvariable
• Sticky prices: how we confuse students, and sometimes ourselves – Simon Wren-Lewis
• Macro pru is no panacea – Gavyn Davies
• The microfoundational illusion – Lars P. Syll
• Are there meso-level social mechanisms? – Understanding Society

Marcus Eberhardt talks to Viv Davies about his recent research with Andrea Presbitero that analyses the links between debt and growth by using data on total public debt for 105 economies between 1972 and 2009 and two centuries of data for the UK, US, Sweden and Japan. The authors conclude that there is no convincing proof that austerity works and that it is dangerous for policy makers to pretend otherwise. The interview was recorded in April 2014 at the annual conference of the Royal Economic Society.

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• The permanent damage from the crisis – Money Supply
• Shiller’s Data Say Last Two Times Have Been Different – Dean Baker
• Expansionary Fiscal Policy during Extreme Recessions – Econbrowser
• Gary Becker and the Economics Revolution That Wasn’t – New Yorker
• Reforming Europe – Gloomy European Economist
• The Inefficiency of Inequality – Dan Altman

John Cassidy: Gary Becker and the Economics Revolution That Wasn’t 

To some extent, this inertia is inevitable. In economics, progress has always been gradual. Some years ago, in a study of how American economists reacted to the Great Depression, Barnard’s Perry Mehrling questioned the common perception that there was a sudden and mass conversion to Keynesianism. The reality, Mehrling discovered, was that most economists continued to teach what they had always taught. For Keynesianism to take the ascendancy, it needed a new generation of economists to mature.

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