Diane Coyle: Economics for a Moral End. Nice review of Ian Kumekawa’s The First Serious Optimist: A. C. Pigou and the Birth of Welfare Economics. Pigou’s misfortune was that he was eclipsed by Keynes, and so undeservedly forgotten.
Simon Wren-Lewis: Why Owen Jones is wrong about Brexit. Terrific post, taking down the arguments of the emerging ‘re-leaver’ lobby. I particularly like this: “It is an utterly defeatist argument: we must let people harm themselves because only then might they learn that they were mistaken in what they wanted. A much more progressive policy is to persuade people they are wrong.”
“When a measure becomes a target, it ceases to be a good measure”.