Weekend reading

This is a weekly post we publish every Friday with links to articles we think anyone interested in equitable growth should read. We won’t be the first to share these articles, but we hope by taking a look back at the whole week we can put them in context.

Long-run growth

Ryan Avent takes issue with Northwestern University economist Robert Gordon’s pessimistic view of future economic growth. [free exchange (opens in a new tab)]

James Pethokoukis on how corporate short-termism is damaging long-term economic growth. [the week (opens in a new tab)]

Geography matters

Matthew Klein looks at the variation in private debt across and within metro areas in the United States. [ft alphaville (opens in a new tab)]

Reihan Salam looks at how the suburbs have become traps for low-income Americans. [slate (opens in a new tab)]

Labor market trends

Ylan Mui explains “pent-up wage deflation” and what it might mean for wage growth in the future. [wonkblog (opens in a new tab)]

Binyamin Appelbaum on how the flawed, but still very useful unemployment rate. [the upshot (opens in a new tab)]

Murat Tasci and Jessica Ice at the Federal Reserve Bank of Cleveland look at the shift in the Beveridge Curve, which was supposed to herald a structural change in the labor market. Well, funny thing. The shift never happened. [cleveland fed (opens in a new tab)]