From the FT:
Goodbye, Macroeconomics – Eli Noam
The travesty of the commons – Christopher Caldwell on the field of Nobel winner Elinor Ostrom
The free market is not up to the job of creating work – Mort Zuckerman on US unemployment
Countdown to the next crisis is already under way – Wolfgang Münchau
Down but not out – Krishna Guha on the dollar
Elsewhere:
Cognitive Dissonance and Global Macroeconomics – James Kwak on rhetoric and reality in the global imbalances debate, at Baseline Scenario
Escaping the state should cost Lloyds – Peter Thal Larsen, Reuters
Herbert Hoover and the start of the Great Depression – Lee E. Ohanian on history VOXEU
No L – James Hamilton on having avoided an ‘L-shaped’ recovery, at Econbrowser
Goldman Turns Into a Financial Frankenstein While the Fed Snoozes Away – Huffington Post
A reflection on the G20 (The question never asked to Mr Zoellick) – Biagio Bossone on the legitimacy of the G20 for small nations, at VOXEU
