Very apropos that the Nobel committee gave the prize to economists who did work in unemployment. Nothing sexy this year, just plain old unemployment. Nice.
People who know a lot more than me have said enough about it, so here’s a brief roundup (which includes more detailed roundups). Let’s start with the mainstream media:
- First, the BBC. A mostly generic news story.
- Then we have The Economist‘s Free Exchange blog.
- And watch Ezra Klein of the Washington Post screw up at Freakonomics.
And then the academics: