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Fed Watch: And Then There is Bernanke
Found on Economist's View on Wed 22nd May 13
Tim Duy: And Then There is Bernanke, by Tim Duy: Lots of Fed chatter in the last week. For openers, some background from Reuters:It decided on May 1 to keep buying at an $85 billion monthly pace, and many economists say mixed economic data warrants keeping
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Richard Epstein on the IRS Scandal
Found on The Future of Capitalism :: Writings on Wed 22nd 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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Lessons at the Zero Bound: The Japanese and U.S. Experience
Found on The Big Picture on Wed 22nd May 13
Lessons at the Zero Bound: The Japanese and U.S. ExperienceWilliam C. Dudley, President and Chief Executive Officer, NY Fed Remarks at the Japan Society, New York City May 21, 2013 It is a pleasure to have the opportunity to speak today at the Japan
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Dylan Ratigan: Life After Cable News
Found on The Big Picture on Wed 22nd May 13
Al Madrigal questions former MSNBC pundit Dylan Ratigan about leaving cable news for the less angry world of hydroponic farming. The Daily Show with Jon StewartGet More: Daily Show Full Episodes,Indecision Political Humor,The Daily Show on FacebookTuesday May
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Stop Hating on the IRS
Found on Slate Magazine - Moneybox on Wed 22nd May 13
As Apple CEO Tim Cook deftly parried attacks on his company for avoiding paying billions in taxes before Congress Tuesday, we could be forgiven for heaving a collective sigh, part resignation and part resentment. Of course the big fish get away with tax shenanigans
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Global Urbanization and the Governance Challenge
Found on CONVERSABLE ECONOMIST on Wed 22nd May 13
The overall focus of the Global Monitoring Report, jointly published by the World Bank and the IMF, is on how the world is doing in achieving the "Millennium Development Goals" or MDGs. But the annual reports also look at some particular angle or topic more
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Pettis: Excess German Savings, not Thrift, Caused the European Crisis
Found on billy blog on Wed 22nd May 13
By Michael Pettis. Cross posted from Michael Pettis’ China Financial MarketsOne of the reasons that it is been so hard for a lot of analysts, even trained economists, to understand the imbalances that were at the root of the current crisis is that we
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Stocks at record high in US, highest since 2008 in Japan
Found on Mish's Global Economic Trend Analysis on Wed 22nd May 13
After a one-day pause, the US stock market resumed its advance on Friday. The S&P 500 rose 1.0 percent to a new record high even as the US dollar rose 0.8 percent to its highest level since July 2010. Positive economic data on Friday helped boost markets.US
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Fed Watch: And Then There is Bernanke
Found on Economist's View on Tue 21st May 13
Tim Duy: And Then There is Bernanke, by Tim Duy: Lots of Fed chatter in the last week. For openers, some background from Reuters:It decided on May 1 to keep buying at an $85 billion monthly pace, and many economists say mixed economic data warrants keeping
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Jamie Dimon Pretty Happy He Didnt Fire Off That Resignation Letter Last Night After His Second Bottle Of Wine
Found on Dealbreaker on Tue 21st May 13
He said he was going to quit if stripped of the chairman role, and god damn it, he meant it but luckily: 1. It did not come to that and 2. He got distracted watching that Harlem Shake video Lloyd sent him and fell down a rabbit’s hole of different versions
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