Mulligan used to do good work on intergenerational mobility and work
performance back in the 90s.

On Fri, Dec 21, 2012 at 9:50 AM, Eugene Coyle <[email protected]> wrote:
> Hi Marsh,
>
>         Three things:
>
> 1.  When Casey Mulligan publishes his screeds in the NYTimes feature 
> ECONOMIX, readers comment on them.  Sometimes the comments are quite detailed 
> and seem knowledgable.  If you can still find those screeds pertaining to the 
> subject of the book, you might find something useful there.  I have a vague 
> memory of one of these in recent months.
>
> 2.  I hope you'll tell us on Pen-l if you have anything to report.
>
> 3.  In terms of measuring Mulligan's credibility, check out his Op Ed in the 
> NYT of Oct 10, 2008.  This was intended, apparently, to impact that year's 
> election.  Mulligan states forcefully that the economy "is strong."   His 
> concluding sentence:  "So, if you are not employed by the financial industry 
> (94 percent of you are not), don’t worry. The current unemployment rate of 
> 6.1 percent is not alarming, and we should reconsider whether it is worth it 
> to spend $700 billion to bring it down to 5.9 percent."
>
> Gene Coyle
>
>
> On Dec 21, 2012, at 9:24 AM, Marshall Feldman wrote:
>
>> Hello,
>>
>> I just noticed that one of my students wrote an enthusiastic post about 
>> Casey Mulligan's new book, The Redistribution Recession, on the forum of my 
>> labor economics class. As much as it pains me to say so, I'll probably have 
>> to read the book. As far as I can tell, the book's thesis is standard 
>> Chicago fare: stimulus spending created disincentives that made the 
>> recession worse.
>>
>> I think this is an important book, since it's likely to frame narratives 
>> coming from the right. A Google search reveals that Prof. Mulligan has 
>> already been on Fox News several times, most recently promoting his book. 
>> And Fox Nation is citing his work and others as "research shows ...."
>>
>> Are any of you familiar with the book? Do you know of any accessible 
>> published debates to which I might direct my student? Or other material? 
>> (The first link above is to a blog post discussing the CBO's report on the 
>> number of jobs created by the stimulus. But this student has difficulty 
>> reconciling macro and micro, so I'd like to give her something that more 
>> directly addresses the issues of incentives, etc.)
>>
>> Thanks.
>>
>>     Marsh Feldman
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-- 
Michael Perelman
Economics Department
California State University
Chico, CA
95929

530 898 5321
fax 530 898 5901
http://michaelperelman.wordpress.com
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