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

This international comparison shows the effects of quantitative easing and how far ahead Japan is.

From FT:

Time for the ECB to get serious about the overvalued euro - Willem Buiter

Why the euro is not the next global currency - Jean Pisani-Ferry and Adam Posen

Safe as houses - FT editorial on new mortgage regulation

From elsewhere:

The global crisis and central banks in Latin America: Breaking with the past - Luis I. Jácome H., VOXEU

The secret Paulson-Goldman meeting - Felix Salmon, Reuters

Why Is The Chamber Of Commerce Defending Big Banks? - Simon Johnson, Baseline Scenario

So Now We Know Why Lehman Went Under - Naked Capitalism

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.

From the FT:

Wolfgang Münchau: Making the case for a weaker dollar

Alan Rappeport: US trade gap unexpectedly narrows in August

Editorial comment: US jobs subsidies

Roger Altman: How to avoid greenback grief

John Authers: Manufactured surprises will keep stocks rolling

Elsewhere:

James Hamilton, Econbrowser: Will stimulating nominal aggregate demand solve our problems?

Brad Delong on the wisdom of more fiscal stimulus

Paul Krugman, NYT: The madness of the monetary hawks

James Kwak, Baseline Scenario: “What’s wrong with a phone call?” - How Wall Street influences Washington

Alan S. Blinder, VOX EU: 25 per cent of US jobs are offshorable

By Thomas Palley

Over the past year the global economy has experienced a massive contraction, the deepest since the Great Depression of the 1930s. But this spring, economists started talking of “green shoots” of recovery and that optimistic assessment quickly spread to Wall Street. More recently, on the anniversary of the Lehman Brothers crash, Ben Bernanke, Federal Reserve chairman, officially blessed this consensus by declaring the recession is “very likely over”. Continue reading "A second Great Depression is still possible"

From the FT:

Dave Shellock: Overview: gold hits record high as dollar tumbles

Martin Sandbu: The dollar: It would take a revolution to overthrow the greenback

Jennifer Hughes: Mighty dollar turns a paler green

Elsewhere:

Neal Kimberley, Reuters Blog: “Dollar demise”: Inexorable but not sudden

Menzie Chinn, Econbrowser: The Dollar in Doubt?

Simon Johnson, Peterson Institute: Obama’s secret jobs plan; the dollar plunge

Dean Baker, CEPR: Big Deficit Bob Rubin and the Strong Dollar

From the FT:

Michael Milken: Prosperity rests on human and social capital

Wolfgang Münchau: Diverging deficits could fracture the eurozone

John Authers: Crisis creates new sophistication in risk

Deven Sharma: Insight: Consistency in credit ratings

Elsewhere:

Dimitri Vayanos and Paul Woolley, VOX EU: Capital market theory after the efficient market hypothesis

Simon Johnson, Peterson Institute: The G-20, the IMF, and Legitimacy

Paul Krugman, NYT: Obama’s Anzio

James Kwak, The Baseline Scenario: Fed Chest-Thumping for Beginners