On the blogs

The Problem of Human Capital as a Factor of Production -- Mike Isaacson on the problems of human capital, beyond those raised by Branko Milanovic not long ago, which as Mike notes it's often used to endogenize the Solow residual.

Lost in Translation (Personal and Trivial) -- Paul Krugman on the dubious quality of translations. The old saying is correct, traduttore, traditore. Perhaps he is better in Italian or Japanese, who knows.

Graph/Table of the Week: Consumption Inequality -- URPE Blog on a new paper by Sanjay Reddy.

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