Weekend Reading & Selected Links
Happy weekend! Here are some links to things I've been reading or watching that you might also enjoy:
1. Bruno Maçães's New Statesman interview with Sergey Karaganov, former adviser to both Yeltsin and Putin and architect of many of the ideas that led to Russia's invasion of Ukraine.
2. 'Eclipse of Rent-Sharing: The Effects of Managers' Business Education on Wages and the Labor Share in the US and Denmark', the new Acemoglu NBER working paper that implies managers with MBAs are not more productive than other managers, but reduce their workers' wages.
3. 'Housing Market Expectations', a new review of the recent literature on the determinants and effects of housing market expectations.
4. 'Effect of Early Treatment with Ivermectin among Patients with Covid-19', the newly-published RCT on the efficacy of ivermectin in treating Covid-19.
5. 'The End of Invention', a recent BBC radio episode on whether science is slowing down.
6. 'How the wealth was won', a paper by Dan Greenwald, Martin Lettau and Sydney Ludvigson showing that 44% of the $34 trillion increase in US equity values from 1989 to 2017 is attributable to a reallocation of rewards from labor to shareholders. Economic growth accounted for just 25% of that rise. (By contrast, economic growth explained over 100% of the market’s rise from 1952 to 1988.)
7. 'When Should I Read?', a short video by Cal Newport.
Have a great weekend,