Links for 04-25-17

• The Welfare State in the Twenty First Century - Joseph Stiglitz
• How Bad is Peer Review? - Douglas L. Campbell
• Economic mobility has nearly halved since 1940 - EurekAlert!
• Wells Fargo and the Failure of Boards and Regulators - ProMarket
• Partisan Divide Over Economic Outlook Worries Ben Bernanke -  NYTimes
• Middle Class Contracted in U.S. Over 2 Decades, Study Finds - NYTimes
• An 'exciting' economist in empirical trade - AEA Interview
• China, robots, monopolies, and landlords - Brad DeLong
• Measuring Interest Rate Risk in the Very Long Term - FRBSF
• Its Awesome Being Poor Today! - Barry Ritholtz
• New Life for the SDR? - Mohamed A. El-Erian
• The Effects of Pre-Kindergarten Programs - Tim Taylor
• Current Populist Discontent  - ProMarket
• Inflating our troubles away? - John Cochrane
• Understanding Business Dynamism - Cecchetti & Schoenholtz
• Cracking the Mystery of Labor's Falling Share of GDP - Noah Smith
• Banks' response to capital requirements - Bank Underground