The Politics of Economics in the Age of Shouting
The former editor-in-chief of the NY Times, Bill Keller, on the public debate about economics that is increasingly ignorant of accepted science.
A collection of some of the best links from around the web, manually curated.
The former editor-in-chief of the NY Times, Bill Keller, on the public debate about economics that is increasingly ignorant of accepted science.
Weโve heard enough about bank regulation by states. How about some state regulation by one very powerful bank?
Are aliens buying Louis Vuitton handbags, the Economist asks. Hereโs the fact that might make you think they have a point: Adding up all imports and exports worldwide should bring you to zero. In 2010 however, the entire world exported $331 billion more than it imported. So โ super-rich Aliens aside โ why is that? The Economist has the full story.
An interesting reasoning on why Charles Darwin should be seen as the intellectual father of economics, not Adam Smith.
Why are people so angry about the economy? One cartoon to rule them all.
So what exactly is it that the people on Wall Street (and increasingly elsewhere) are protesting against and how valid is their point? Whatโs behind catchy slogans like โWe are the 99%โ and #occupywallstreet? The Business Insider has gone the extra mile to compile a wealth of data on the state of the economy and the distribution of wealth. Those charts make for pretty good reasons to take to the streets.
โFor classical economists, it was impossible to understand politics without economics or economics without politics.โ This is the premise for George Friedmanโs sharp state-of-the-world analysis. If you are, like me, increasingly overwhelmed by the current economic developments, this is the right article for you.
Block 90 minutes of your weekend, now. HBO, known for their award-winning documentaries, have turned the eruption of the 2008 financial crisis into the obvious: a thriller โ or, as you might want to call it, a thrillumentary. Based on the book by New York Times writer Andrew Sorkin, โToo Big To Failโ, they recap the dramatic events before and right after the collapse of investment bank Lehman Brothers. A captivating story of big money, bigger egos and looming disaster. The film is not officially available yet โ so Iโm pointing you to the extended 18-minute trailer โ but Iโm sure you can think of ways to watch the entire film.
A frist class crime story. The end of which is still unwritten.
A 150 page report by the Economist Intelligence Unit full of statistics boiled down to a very nice infographics video.
Make sense of what matters, today and for the future.
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