Notable: June 2018

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• G.M. Says New Wave of Trump Tariffs Could Force U.S. Job Cuts By Tiffany Hsu, The New York Times, June 29, 2018
• What’s the Yield Curve? ‘A Powerful Signal of Recessions’ Has Wall Street’s Attention By Matt Phillips, The New York Times, June 25, 2018
• "Typically, when an economy seems in good health, the rate on the longer-term bonds will be higher than short-term ones. The extra interest is to compensate, in part, for the risk that strong economic growth could set off a broad rise in prices, known as inflation. Lately, though, long-term bond yields have been stubbornly slow to rise — which suggests traders are concerned about long-term growth — even as the economy shows plenty of vitality.
  
  At the same time, the Federal Reserve has been raising short-term rates, so the yield curve has been “flattening.” In other words, the gap between short-term interest rates and long-term rates is shrinking."
• Sudden Stops: A Primer on Balance-of-Payments Crises By Stephen Cecchetti and Kermit Schoenholtz,  June 25, 2018
• Short of Workers, Fast-Food Restaurants Turn to Robots By Julie Jargon and Eric Morath, The Wall Street Journal, June 24, 2018
• Inequalities in household wealth across OECD countries: Evidence from the OECD Wealth Distribution Database by Carlotta Balestra and Richard Tonkin, OECD Statistics Working Papers, June 2018
• Twitter post, @OECD, June 20, 2018
• Thinking About a Trade War (Very Wonkish) By Paul Krugman, The New York Times, June 17, 2018
• Ten years on, how countries that crashed are faring By Phillip Inman, The Observer, June 16, 2018
• Tax Cuts and Leprechauns (Wonkish) By Paul Krugman, The New York Times, June 15, 2018
• What to Do When the Labor Market Stops Working for Workers By Alan S. Blinder, The Wall Street Journal, June 11, 2018
• How trend-riding Trump is taking credit for the economy he inherited By Jared Bernstein, The Washington Post, June 11, 2018
• E-Commerce Might Help Solve the Mystery of Low Inflation By Patricia Cohen and Jim Tankersley, The New York Times, June 11, 2018
• A Trade War Primer By Paul Krugman, The New York Times, June 3, 2018
• "It seems to me that this might be a good time to write down a brief, non-scholarly primer on how the trading system – and U.S. trade policy within that system – work."