Economics & Finance
- Paul Krugman at NYT: Inflating Your Way to Prosperity; Slow Learners; Lake Wobegon, Europe; No, It's Not The Welfare State; Chronic Confusion
- Brad DeLong: "Expansionary" Austerity in Europe
- Economist: Are Persistent Trade Deficits a Bad Thing?
- Paul Bergin at the SF Federal Reserve: Asset Price Booms and Current Account Deficits
- Kash Mansori at The Street Light: House Prices and Current Account Deficits; More House Prices and Current Account Deficits
- Global Macro Monitor at The Big Picture: Italy Works 20% More Hours than Germany or France
- Uneasy Money: Deutsche Bank Gets It, Why Can’t Mrs. Merkel?
- Scott Sumer at The Money Illusion: Like deer caught in headlights (talking about the Fed)
- Washingtons Blog at The Big Picture: FBI Estimates 80% of Mortgage Fraud Involved Industry Insiders
- Calculated Risk: Research: New paper on the role of investors in the housing bubble
- Michael Olenick at Naked Capitalism: NAR’s Big Miss on Home Sales Underscores Lack of Transparency and Accuracy in Mortgage/Housing Data
- Tamara Keith at NPR's It's All Politics Blog: GOP Objects To 'Millionaires Surtax'; Millionaires We Found? Not So Much [via]
- Mark Thoma at Economist's View: Percentage Growth in Annual Wages and Salaries [also see]
- Alex Tabarrok at Marginal Revolution: Roman Empire More Equal than the United States
- Brad DeLong: Why Oh Why Can't We Have a Better Press Corps? No, High Unemployment Is Not Primarily The Result of "Generous" Unemployment Insurance Benefits
- Chad Stone at CBPP's Off The Charts Blog: It’s the Great Recession, Not the Great Vacation, That’s Responsible for High Unemployment
- Mike Konczal at Rortybomb: What is the Real Unemployment Rate and How Could We Tell?
- Macromania: Beveridge Curves for 36 U.S. Cities (Updated)
- Ben Walsh at Business Insider: A Bunch Of Academics Think They've Figured Out How To Tell If A Hedge Fund Will Outperform The Market
- Barry Ritholtz at The Big Picture: Interest Rates: 1831-2011; US Housing Prices Mirror Japan's Experience; Beware The Retail Hype; Retail Sales Disappoint on False Black Friday Reports
- Cardiff Garcia at FT Alphaville: The Decline of "Safe" Assets
To wrap up this section, here's an interesting comment by William Cohan in this FDL Book Salon on his book "Money and Power: How Goldman Sachs Came to Rule the World":
Goldman actually almost went out of business many times in its history; it is very good at getting into trouble — and also very good at getting out of trouble
...and he also notes:
actually i go through chapter and verse of the many frauds that Goldman has committed or participated in over the years
Should make for some interesting reading.
Energy & Environment, Food Security, Climate Change