4. Jason Furman speaks truth on “overheating labor markets,” though in my view it goes much further than that. The evidence on this one really is not there, and that has been well-known for decades. Wages are at best moderately pro-cyclical (and that’s not even getting into causality), and for decades Keynesians were trying to argue they are not pro-cyclical at all. Except now.
5. Do the “Big Five” personality traits predict SES? And how much should that matter?