Roundup of links from this week (incl. National Parks in China)

Reading Time:

  1. Why I am still not excited by the Palma index (Branko Milanovic)
  • Sharing Economy Workers Need a ‘Safety Net’ (WSJ)
  • Putting an End to 'Us and Them' Capitalism (Lynn Forester de Rothschild)
  • Happiness and health in China: The paradox of progress (Brookings)
  • China Envisions Network of National Parks (NYT)
  • Uber is logging 1 million daily rides in China—as many as the rest of the world, combined (qz)
  • The Mutability of Wages (Paul Krugman)
  • An interview with Martha Nussbaum (Reason)
  • Inequality of opportunity: Useful policy construct? (VoxEu)
  • Greece: The Confrontational End-Game Is Here (Jacob Funk Kirkegaard)
  • Why America Should Join the AIIB (Project Syndicate)

Confused policies, 1960s edition

Sometimes, anti-trade policies are pursued on purpose. This example that I found in a biography of George Kennan displays the other, unintentional pathway: Then on June...

Household debt in the U.S. is falling

According to the IMF's IFS database, U.S. household debt reached 99.4% of the U.S. GDP in 2007. But households in several other economies...