This weekend's links on markets, economics, EU etc.
Previously on MoreLiver’s:
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EUROPE
Lessons
from the European Union’s embarrassing failure to settle its top jobs
European
Union leaders squabble but fail to agree on their top jobs
The euro
crisis has recreated a rift between a Germanic north and a Latin south that
decades of integration tried to efface. Economists and political scientists
puzzle over its persistence.
The
euro-zone economy: Losing the plot – The
Economist
Weak growth
and nasty surprises are still the hallmarks of the single-currency club
EU’s
Planned Copyright Overhaul May Be Out of Time, But Not Out of Mind – WSJ
Time's run
out for one of EU Commissioner Michel Barnier's dossiers: Overhauling EU
copyright law. Real Time Brussels has the white paper, which shows
the issues the next commission will have to consider in this thorny matter.
Towards
a European unemployment insurance? – Bruegel
128415 The
Italian Presidency of the EU has asked Bruegel to give a presentation to
European Labour and Social Ministers at the informal EPSCO meeting in Milan on July 18. The aim of our
presentation was to clearly lay out the major issues and to discuss the pros
and cons of a European Unemployment Insurance.
UKRAINE / RUSSIA
Russian-Ukrainian
crisis takes a tragic turn – Danske
Bank
Putin is
having trouble backing out of the corner in which he’s trapped himself – Quartz
What MH17 means
for Russia-Ukraine – Reuters
CRISIS COUNTRIES
ASIA
Chinese
Home Prices Decline In Record Number Of Cities, Average Sale Price Has Biggest Drop Since Lehman – ZH
Goldman Slams
Abenomics; Questions "Validity Of BoJ's Target" – ZH
MARKETS
Daily
Central Banks – WSJ
Hilsenrath’s
Take: Economists’ Interest Rate Expectations Move Higher * Fed’s Bullard: Fed
May Need Rate Rises ‘Sooner Rather Than Later’ * China Fueling U.S. Bond Rally,
Low Treasury Yields * South Africa’s Central Bank Raises Interest
Rates * Turkish Central Bank Cuts Interest Rates to Boost Growth
Dollar
Limps into Weekend as Markets Wary of Geopolitics – Marc
to Market
Gold
Dreamers Face Harsh Reality – BB
Charlie
Munger on Investment Concentration versus Diversification – 25iq
A
Hands-on Lesson in Return Forecasting Models – Alpha
Architect
Do You
See Yourself as a Sophisticated Investor? – WSJ
Who should
get to invest in deals that aren’t available to the general public? That is a
question the Securities and Exchange Commission will have to address in the
next year or so.
How
Russian Hackers Stole the Nasdaq – Businessweek
Alpha
addict: The amazing career of Leon Cooperman – CNBC
Fiber-optic
cable used to be the choice of electronic trading firms such as Jump that are
locked in a contest to be the fastest. Now they’re adopting microwave
technology, which can convey data in nearly half the time,
ECONOMICS
The
computerisation of European jobs – Bruegel
Technology
Displacing Jobs: The European Case – naked
capitalism
Ten
charts that prove BRICS nations have little in common – Quartz
The
Trade Delusion – Project
Syndicate
Adair
Turner: Many experts fear that rising protectionism is undermining
globalization, threatening to impede global economic growth. But slower growth
in global trade may be inevitable, and liberalization is decreasingly
important.
Rejected
Classic Articles by Leading Economists – Joshua
Gans and George Shepherd
Read about
the many famous economists - Nobel laureates included - who have struggled to
get their work published
7
reasons the gold standard is a terrible idea – VOX
Bernanke
v. Friedman – Marginal
Revolution
DEBATE
Austrianism,
wrong? Inconceivable! – Noahpinion
Understanding
the Crank Epidemic – Krugman
/ NYT
The
intellectual cesspool of the inflation truthers – WaPo