Tuesday assorted links
1. Luigi Zingales on the Laureates. And the full 49-page report on the Laureates, from Sweden. And David Warsh on Holmström on debt and banking. Cardiff Garcia on Bengt on money. Kling on the prize. Boettke on the prize. A Fine Theorem on Oliver Hart, and how he changed his mind, recommended. And where Nobel Laureates come from.
3. Tim Harford on man-machine interaction, adopted from his new book Messy.
4. College chain from India expanding into the U.S.?
5. Paul Krugman on Brexit and the pound. I don’t agree with those arguments, but I think they are more consistently Krugmanian than his earlier posts on Brexit. If an economy is in demand-side secular stagnation, and then a government taxes production and trade, and takes finance down a peg, but boosts exports through a lower currency, I am not sure the model will predict significantly negative consequences. His arguments are also consistent with a more general New Old Keynesian neglect of wealth effects.