Economy

The Weekly Filet brings you the five best links of the week, every Friday. Making sense of the big issues of our time (with a healthy dose of serendipity and nerdiness). Curated by journalist David Bauer.

Exports to Mars

The Economist

Are aliens buying Louis Vuitton handbags, the Economist asks. Here’s 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 – super-rich Aliens aside – why is that? The Economist has the full story.

Published in Weekly Filet #43

Tickle Down

Chattanooga Times Free Press

Why are people so angry about the economy? One cartoon to rule them all.

Published in Weekly Filet #40

Here’s What The Wall Street Protesters Are So Angry About

Business Insider

So what exactly is it that the people on Wall Street (and increasingly elsewhere) are protesting against and how valid is their point? What’s behind catchy slogans like “We are the 99%” 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.

Published in Weekly Filet #39

Global Economic Downturn: A Crisis of Political Economy

Stratfor

“For classical economists, it was impossible to understand politics without economics or economics without politics.” This is the premise for George Friedman’s 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.

Published in Weekly Filet #32

Too Big To Fail

HBO

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 – or, as you might want to call it, a thrillumentary. Based on the book by New York Times writer Andrew Sorkin, “Too Big To Fail”, 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 – so I’m pointing you to the extended 18-minute trailer – but I’m sure you can think of ways to watch the entire film.

Published in Weekly Filet #22