Economists' Forum

From the FT:
Why Obama must take on Wall Street – Robert Reich
US government to reap the windfall – Editorial comment
A mistake that will make banks riskier – Robert Pozen

From elsewhere:
Did low interest rates or regulatory failures cause the bubble? – Economist’s View
The roots of American dominance – Free Exchange
Changing times: Global governance reform and the IMF – IMF Direct
Financial globalisation has improved international risk sharing – VoxEU
Bubble denial – Paul Krugman

From the FT:
How to avoid a repeat of the Great Crash – Peter Clarke
Goldman: reasons to be wrathful – Chris Gradel
A three-way split is the most logical – John Gapper on ‘too big to fail’
Russia’s unsustainable energy model – David Clark

From elsewhere:
A Balanced Global Diet – Nouriel Roubini, RGE Monitor
Chinese railways and speculating pig farmers – Michael Pettis , China Financial Markets
Efficient Market Theory and the Crisis – Jeremy J. Siegel
Futures As Predictors of Commodity Prices – Menzie Chinn, Econbrowser
Turkey Dumps US Dollar For Trade With Iran And China – Joe Weisenthal, BusinessInsider
Why Do Financial Crises Happen in the Fall? – Catherine Rampell, NYT Economix Blog
Are Capital Controls In Fashion Again? – Nouriel Roubini, Forbes

From the FT:

Do not ignore the need for financial reform – George Soros
A polite discourse on bankers and bubbles – Wolfgang Münchau
The Fund should help Brazil to tackle inflows – Arvind Subramanian and John Williamson
Grim Britain – FT Editorial

Elsewhere:

Patchwork Fixes, Conflicting Motives, And Other Things To Avoid: Some Lessons From the Regulated Non-Financial Sectors - Peter Fox-Penner, Baseline Scenario
Adjustment and the dollar – Paul Krugman, NYT
Adjustments to the accountability and transparency of the European Central Bank – Sylvester Eijffinger, VOXEU
Low Interest Rates May Be Here To Stay – Joseph E. Gagnon, Peterson Institute
The smartest boys in the alley, early derivatives on the London stock market – Economic History Blog
Why Banks stay big – James Surowiecki, New Yorker

Elinor Ostrom and Oliver Williamson won the prize today for their work on how economic transactions operate outside markets in common spaces and within companies. Prof Ostrom is the first woman to win the prize.

Further information on the winners:

The Prize in Economics 2009 – Official press statement with links to information on the economists and their recent work.

Nobel economics prize for governance duo – FT.com, with profiles

Elinor Ostrom at Indiana University

Oliver Williamson at UC Berkeley

What This Year’s Nobel Prize in Economics Says About the Nobel Prize in Economics – Steven D. Levitt at NYT Freakanomics blog.