Further reading - Subprime, the Fed, trade agreements

November 23rd, 2009 11:55am

From the FT :
Will sovereign debt be the new subprime? - Gillian Tett

From elsewhere:
The thing about the Fed most worth knowing - Economic Principals
The Phantom Menace - NY Times, Paul Krugman
How preferential are preferential trade agreements? - VoxEU

Further reading - China, systemic risk

November 20th, 2009 6:04pm

From the FT:
Tackling systemic risk is no job for the status quo - William Donaldson and Arthur Levitt

From elsewhere:
China, the Renminbi, and global imbalances: A quantative View - Econbrowser
The Big Squander - Paul Krugman, NY Times
Forecasting macroeconomic developments - VoxEU

Further reading - Fiscal policy, China, Europe, Obama

November 19th, 2009 3:40pm

From the FT:
Obama seeks change Beijing can believe in
- David Pilling
How to reinvent China’s growth - John Gapper
Modesty would become Europe’s new duo - Jacques Delors

From elsewhere:
The effectiveness of fiscal and monetary stimulus in depressions
- VoxEU
A Yuan-sided argument - Economist
Balancing fiscal support with fiscal solvency - IMFDirect

Further Reading - Obama, China, trade

November 19th, 2009 10:19am

From the FT:
America must start treating China as a friend - Bill Owens
How the market proved no panacea for BT - John kay

From elsewhere:
Uncertainty and the tale of two depressions - VoxEU
Lecturing each other on trade - Michael Pettis

Further reading - China and the US, euro-area sovereign risk

November 17th, 2009 3:57pm

From the FT:
China’s on-off American romance - Simon Schama
Muddling through with money and morals - Michael Skapinker

From elsewhere:
China and the American job machine - Economist’s View
America’s Preeminence by Default
- Free Exchange
What should be the goal of a fiscal exit strategy - IMFdirect
Euro-area sovereign risk during the crisis - VoxEU

Further Reading - China and the dollar carry trade, Europe and the US

November 16th, 2009 12:50pm

From the FT:
A Franco-German marriage of convenience - Wolfgang Munchau
The American dream needs repair - Clive Crook
How Europe can be heard in Washington - Jeremy Shapiro and Nick Witney

From elsewhere:
World out of balance - Paul Krugman, New York Times
China lambastes Dollar Carry trade - Naked Capitalism
Unemployed Americans should hunker down for more job losses - Nouriel Roubini
Treasury wants to hold on to TARP money - Naked Capitalism

Further reading - Ethics, Asia

November 13th, 2009 12:34pm

From the FT:
Simple truths about the economy - Samuel Brittan
Ethics alone will not prevent financial crises - Philip Booth

From Elsewhere:
Politico does Economic Analysis - Econbrowser
Paul Krugman: Free lo Lose - Economist’s View
Tim Geithner, double talker - Free exchange
Asia and the IMF: Toward a deeper engagement - IMFDirect
Krugman on the Need for Jobs Policies - Naked Capitalism

Further Reading - Asia, America

November 12th, 2009 12:30pm

From the FT:
America risks being left behind in Asia - Evan Feigenbaum
Beijing seeks a head start in the race to go green - Gordon Conway

From Elsewhere:
The Road ahead for Asia’s Economies - Economist’s View
What rebalancing of Chinese and American consumption - Michael Pettis
Global Monetary Policy Outlook - Nouriel Roubini
The Liquidity Trap Does Not Make Monetary Policy Ineffective - Peterson Institue Real Time Economic Issues
Liquidity default and market regulation - VoxEU

Further Reading - Obama, The Fed

November 12th, 2009 12:17am

From the FT:

Powerful interests are trying to control the market - John Kay
Obama has lost his way on jobs - Jeffrey Sachs

From elsewhere:
Will rising oil price derail the recovery? - Econbrowser
The Fed is already transparent - Economist’s View
Chris Dodd’s financial reform plan - Free Exchange
Attention Lloyd Blankfein: the public purpose of banking - Naked Capitalism
No silver bullet for too big to fail - Peterson Institute Real Time Economic Issues Watch

A better way to regulate financial markets: Asset based reserve requirements

November 10th, 2009 3:35pm

By Thomas Palley

There is widespread recognition that the financial crisis which triggered the Great Recession was significantly due to financial excess, particularly in real estate lending. Now, policymakers are looking to reform the financial system in hope of avoiding future crises. But like the drunk who looks for his lost keys under the lamppost because that is where the light is, policymakers remain fixated on capital standards because that is what is already in place. Continue reading "A better way to regulate financial markets: Asset based reserve requirements"