Although for some reason I still subscribe to the thing, I’ve mostly stopped reading The Economist. If you read a good daily newspaper or three—I know, so old-fashioned—who needs all that attitude? I was reminded of why I don’t read the thing by reading a post from one “W.W.,” responding to the great Yglesias-Henwood debate, as excellently amended by Henry Farrell. It includes this remarkable observation: [F]rom my point of view the problem with jobs programmes, as compared to textbook monetary policy, is not that they increase the power of labour relative… Read More