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Moving to more of historical analysis post Rogoff-Reinhart disaster
Found on Mostly Economics on Tue 21st May 13
Reinhart-Rogoff controversy continues to rage and shock econs. However, most pieces debate the research findings and very few give a solution for econ research. Barry Eichengreen says the need of the hour is not more stats and sophistication, but descriptive
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Ryan Avent: "Mr Cowen's posts, and many other like them by other authors, sometimes look like elaborate efforts to avoid concluding that German inflation-phobia, while totally understandable and rational, looks like a grave moral error in the current econ
Found on Grasping Reality with Both Hands: Economist Brad DeLong's Fair, Balanced, and Reality-Based Semi-Daily Journal on Tue 21st May 13
Ryan Avent watches Karl Smith remind Tyler Cowen that people respond to market prices, and piles on himself:The euro crisis: Der Elefant im Raum: TYLER COWEN writes on the euro-zone economy:Would the new helicopter drop money be kept in periphery banks and
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Fox's William La Jeunesse targeted by Obama administration, CBS's Sharyl Attkisson has her computers hacked, could it both be "Fast & Furious"?
Found on Democracy in America on Tue 21st May 13
The UK Daily Mail has this:La Jeunesse and Levine were targeted in a separate Department of Justice investigation into leaks related to Operation Fast and Furious, a scandal-plagued DOJ program that sent illicit guns across the Mexican border to drug cartels
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Sweden and the Supreme Court's PPL decision (not meant to imply, however, that these two are in any way linked)
Found on Start Making Sense on Tue 21st May 13
I am now nearing the end of my second day in Stockholm, and I appear to have conquered the jet lag (subject to sleeping tonight) by dint of staying up on the first day. I've tramped around town a lot, busted knee or not, and have seen various museums,
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Smart Reads May 21, 2013
Found on Tech Blog on Tue 21st May 13
Tim Cook faces a grilling by the US Senate committee after a report on Apple’s international tax structure accused the company of using Irish subsidiaries that are not tax residents of any country to avoid paying billions of dollars in tax. Although Ireland’s
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Its Official: Tech Has Replaced Banking as the New Corporate Bad Guy
Found on TIME: The Curious Capitalist on Tue 21st May 13
U.S. senators have accused Apple, the worlds most profitable company, of also being the worlds biggest tax avoider, as congressional investors yesterday laid out how the technology giant has jumped through tax loophole after loophole in order to save some $44
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Richard Epstein on the IRS Scandal
Found on The Future of Capitalism :: Writings on Tue 21st May 13
Libertarian law professor Richard Epstein writes about the IRS scandal: The dismal performance of the IRS is but a symptom of a much larger disease which has taken root in the charters of many of the major administrative agencies in the United States
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Financial firms seeking Bloomberg alternative
Found on Talking Biz News on Tue 21st May 13
Nathaniel Popper of The New York Times reports about how some Wall Street firms are seeking an alternative to Bloomberg LP’s services in the wake of the data and news service company’s snooping scandal. Popper writes, “Two competitors to Bloomberg
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The Chicago Fed National Activity Index: April 2013
Found on Calculated Risk on Tue 21st May 13
The latest release of the Chicago Federal Reserve National Activity Index (CFNAI) indicated worsening for the national economy with the index falling to a weak level of -0.53 from a level of -0.23 in March while the three month moving average declined to a
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Links 5/21/13
Found on naked capitalism on Tue 21st May 13
Patient readers: Yves will be returning very shortly, perhaps even before you will have read this. –lambert Welcome to Hive City: Inside the 22ft steel tower that’s home to 5,000 bees Daily MailViolent Tornadoes in Oklahoma Weather Underground storify.
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