Economics
Recommended economics writing
Weekend link exchange
Apr 10th 2011, 23:52 by R.A. | WASHINGTON
TODAY'S recommended economics writing:
• China reports first quarterly trade deficit in seven years (Bloomberg)
• Why didn't the market react to the near shutdown? (Capital Gains and Games)
• Video: Martin Wolf and Larry Summers (Mark Thoma)
• Old economic thinking is new, or is that new economic thinking is old? (Brad DeLong)
• Jobless rate is not the new normal (New York Times)
In this blog, our correspondents consider the fluctuations in the world economy and the policies intended to produce more booms than busts. Adam Smith argued that in a free exchange both parties benefit, and this blog's aim is to encourage a free exchange of views on economic matters.
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- Analects | China
- Americas view | The Americas
- Babbage | Science and technology
- Bagehot's notebook | British politics
- Banyan | Asia
- Baobab | Africa
- Blighty | Britain
- Buttonwood's notebook | Financial markets
- Charlemagne's notebook | European politics
- Clausewitz | Defence, security and diplomacy
- Democracy in America | American politics
- Eastern approaches | Ex-communist Europe
- Elysée | France’s presidential election
- Free exchange | Economics
- Game theory | Sports
- Graphic detail | Charts, maps and infographics
- Gulliver | Business travel
- Johnson | Language
- Leviathan | Public policy
- Lexington's notebook | American politics
- Newsbook | News analysis
- Prospero | Books, arts and culture
- Schumpeter | Business and management
Most commented
- The euro crisis: The Greek run
- Foreigners in China: Barbarians at the gate, again
- Brazil’s economy: A bull diminished
- Russia and NATO: Rethink the reset
- Gay marriage: North Carolina begs the question too
- Nationalism online: Backfired
- Turkey’s cultural ambitions: Of marbles and men
- Greece and the euro: Exodus, chapter 1
- Renouncing citizenship: Did Eduardo Saverin do anything wrong?
- Personality and polarisation: The big sort
Over the past five days
Most recommended
- The euro crisis: The Greek run
- Greek politics: Slouching towards the drachma
- Renouncing citizenship: Did Eduardo Saverin do anything wrong?
- Brazil’s economy: A bull diminished
- Foreigners in China: Barbarians at the gate, again
- The euro crisis: Going, going, gone?
- Rival versions of capitalism: The endangered public company
- Jacob Zuma: Portrait of a president
- Bo Xilai v Chen Guangcheng: Who is the mightier?
- Facebook goes public: Not top of the pops
Over the past seven days
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Readers' comments
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Speaking of videos...
Martin Wolf of the FT on Charlie Rose for 40 min.
http://www.charlierose.com/view/interview/11603
Bob Diamond, Barclays' American CEO on Charlie Rose for 30 min.
http://www.charlierose.com/view/interview/11595
Click on thier picture to get it started.
Regards
Delong: "Richard argued that--just as in Japan in the 1990s--the collapse of asset values had created a world desperately short of financial assets..."
And he isn't the least bit curious as to why asset prices collapsed. Apparently it was an act of God.
And why would he assume that the world has a shortage of financial assets? Because people are holding more cash? If so, why is a "shortage of financial assets" the only possible cause? Maybe people hold more cash because they don't want any financial assets, having just lost their shorts in financial assets whose values collapsed.