Assignment title: Information


Pick one of these three sets of readings. Write a five-page (1250-2000 word) essay: first, describe how the individual readings in the set you have chosen contradict or reinforce each other; second, report what your thinking is on the topics surveyed after finishing the readings; third, analyze what pieces of information and analysis presented by the authors (and from your background knowledge) were most powerful in shaping your view; fourth, be sure to finish your essay with a paragraph or two summing up your argument and drawing it to a proper close. (1) Dani Rodrik: The Past, Present and Future of Economic Growth http://tinyurl.com/ dl20161210c; Robert Rowthorn and Ramana Ramaswamy: Deindustrialization: Causes and Implications https://www.imf.org/external/pubs/ft/wp/wp9742.pdf; J. Bradford DeLong and A. Michael Froomkin: Speculative Microeconomics for Tomorrow's Economy http://tinyurl.com/ dl20161210aq. (2) Andrew Berg: The Asian Crisis http://tinyurl.com/dl20161210aj; Atif R. Mian and Amir Sufi: House Prices http://www.nber.org/papers/w15283; Paul Krugman: Why Weren’t Alarm Bells Ringing? http://tinyurl.com/dl20161210ap, Our Giant Banking Crisis—What to Expect http:// tinyurl.com/dl20161210an, Does He Pass the Test? http://tinyurl.com/dl20161210ao, How the Case for Austerity Has Crumbled http://tinyurl.com/dl20161210am (all at http://delong.typepad.com/2017-04-09-krugman-nyrb-second-great-crash-and-longerdepression-readings.zip); Philip Lane: The European Sovereign Debt Crisis http://tinyurl.com/ dl20161210ak; Lawrence Summers: Reflections on the ‘New Secular Stagnation Hypothesis http://tinyurl.com/dl20161210al, (3) Thomas Piketty and Emmanuel Saez: Income Inequality in the United States http:// eml.berkeley.edu/~saez/pikettyqje.pdf; Claudia Goldin and Larry Katz: Long-Run Changes in the U.S. Wage Structure: Narrowing, Widening, Polarizing http://www.nber.org/papers/ w13568; Paul Krugman: Why We Are in a New Gilded Age http://www.nybooks.com/articles/ 2014/05/08/thomas-piketty-new-gilded-age/; Ryan Avent: Thomas Piketty’s “Capital”, Summarised in Four Paragraphs http://www.economist.com/blogs/economist-explains/2014/05/ economist-explains; Thomas Piketty: New Thoughts on Capital in the Twenty-First Century https://www.ted.com/talks/ thomas_piketty_new_thoughts_on_capital_in_the_twenty_first_century