Links for 03-23-18

• Bumbling Into a Trade War - Paul Krugman
• Globalization: What Did Paul Krugman Miss? - Brad DeLong
• The Economic Scars of Crises and Recessions - IMF Blog
• The Trump Boom Is Making It Harder to See the Next Recession - Robert Shiller
• The Output Gap is no longer a sufficient statistic for inflation - mainly macro
• How economics failed us - Martin Wolf
• Response to Wolf: Economics failed us before the global crisis - Peter Doyle
• Francis Bator, Influential White House Economist, Dies at 92 - NYTimes
• Income redistribution through taxes and transfers - VoxEU
• The hysteresis-resilience trade-off in unemployment - VoxEU
• Oil prices do not affect inflation expectations after all - VoxEU
• How reciprocity can magnify inequality - EurekAlert