School is back in session so, for the University of Chicago Executive MBA classs, here is some stuff that you might want to check out. (The invitation extends to rest of you as well, of course.)
James Hamilton gives the best explanation of the macroeconomic effects of oil shocks that I've read. Also, Nouriel Roubini shares his thoughts on oil and the global economy.
Andrew Chamberlain at Tax Policy Blog identifies "Ten Principles of Sound Tax Policy" (and I could not agree more).
The Earth-Based Initiative adds to its 2005 Social Security Meta-Archive. Edward Hugh points to a conference on the economics of ageing (with links to papers and the promise of more commentary to come).
Lynn Kiesling and John Irons discuss the economics of rebuilding, post-Katrina/Rita. And while you are thinking about the subject, be sure to check out Gary Becker's and Richard Posner's discussions. Mark Thoma links to a related article from the New York Times, and pgl at Angry Bear has some thoughts on government financing of relief efforts.
The Eclectic Iconoclast channels the Hispanic Pundit and provides a worthy list of "classic economic articles" aimed a general audience.
Tyler Cowen asks some practice macro exam questions, Arnold Kling takes a shot at answering one of them, and William Polley adds a few questions of his own. While we are speaking of inside-macro, Brad Delong adds to Tyler's critique of the IS-LM model (chapter 9 in Abel and Bernanke for you XP-76ers).
Tyler also provides snapshots of the two newest Nobel laureates in economics, Robert Aumann and Thomas Schelling.
Tim Duy's latest Fed Watch, a service of Mark Thoma's Economist's View, is always a worthy read. And while you are there, have a gander at Mark's thoughts on the business cycle, and the concurringt opinion from Stumbling and Mumbling. (Andrew Samwick nominates the New York Times article in question for a "Voxy.")
The New Economist brings our attention to Robert Fogel's paper on post World War II economic growth. See also his post on productivity growth in the OECD.
The PDS blog has some skeptical thoughts about development aid.
If you want to keep up to speed on the emerging news on the formation of the new German government, stay tuned to A Fistful of Euros.
If you want to keep up to speed on Chinese exchange rate policy, stay tuned to Brad Setser's Web Log.
Barry Ritholtz gives us his latest edition of the Weekend Linkfest.
Happy Columbus Day.
UPDATE: More Nobel commentary: Tyler Cowen adds to the commentary noted above(here and here). catallaxy has the goods on a recent interview with Thomas Schelling. Environmental Economics samples from Schelling's 1992 American Economics Association presidential address. William Polley has a bunch o' Aumann-Schelling links. Angry Bear has the Nobel committee citations (link also available at Vox Baby). Michael Mandel explains why he would have made a different choice (here and here). But Max thinks Schelling is kool. Freakonomics has the who's next list.
UPDATE II: Economics Unbound expands on the cross-country productivity results reported by the New Economist.