Linkfest: Debate over Piketty intensifies; Should banks create money? Housing won’t save the economy
Categories: Linkfest
Today’s most shared:
- Piketty, Piketty, and more Piketty.
- Alternatives to outsourcing money creation to banks.
- Housing won’t save the economy: Consumer balance sheets improve, but rents go up, construction activity remains low.
- FCC seeks to salvage something like ‘Net Neutrality’ while abiding by appeals court ruling.
- The Neo-Fisherite rebellion: can low interest rates really lead to deflation?
- Estimize expands from crowdsourced earnings estimates to economic indicator estimates.
Thomas Piketty doesn’t hate capitalism: He just wants to fix it
vox.com
The author of the best-selling Capital in the 21st Century explains what’s wrong with America’s tax system, and more.
shared by @ObsoleteDogma, @ModeledBehavior, Marginal Revolution
vox.com
The author of the best-selling Capital in the 21st Century explains what’s wrong with America’s tax system, and more.
shared by @ObsoleteDogma, @ModeledBehavior, Marginal Revolution
Piketty’s "Capital," in a Lot Less Than 696 Pages
HBR
A short version of the most important economics book of the millennium (so far).
shared by @abnormalreturns, @Alea_, Abnormal Returns
HBR
A short version of the most important economics book of the millennium (so far).
shared by @abnormalreturns, @Alea_, Abnormal Returns
The Conservative Case For Thomas Piketty
Forbes
Like the vast majority of pundits discussing Thomas Piketty’s book (I assume), I have not read it. In my defense, though, as a self-described economically literate Frenchman, I have been following Piketty’s work for years, and have read the debate around his book with interest.
shared by @foxjust, @EpicureanDeal, @munilass
Forbes
Like the vast majority of pundits discussing Thomas Piketty’s book (I assume), I have not read it. In my defense, though, as a self-described economically literate Frenchman, I have been following Piketty’s work for years, and have read the debate around his book with interest.
shared by @foxjust, @EpicureanDeal, @munilass
Piketty Day Here at Berkeley: The Honest Broker for the Week of April 26, 2014
Brad DeLong
How to sum up the argument of and the reaction to Thomas Piketty?
shared by @interfluidity, @ObsoleteDogma, @Noahpinion, @M_C_Klein
Brad DeLong
How to sum up the argument of and the reaction to Thomas Piketty?
shared by @interfluidity, @ObsoleteDogma, @Noahpinion, @M_C_Klein
Strip private banks of their power to create money
Financial Times
Printing counterfeit banknotes is illegal, but creating private money is not. The interdependence between the state and the businesses that can do this is the source of much of the instability of our economies. It could – and should – be terminated.
shared by @interfluidity, @Alea_, @peter_tl, @nasiripour, @EpicureanDeal, @wonkmonk_
Financial Times
Printing counterfeit banknotes is illegal, but creating private money is not. The interdependence between the state and the businesses that can do this is the source of much of the instability of our economies. It could – and should – be terminated.
shared by @interfluidity, @Alea_, @peter_tl, @nasiripour, @EpicureanDeal, @wonkmonk_
ECB: Monetary policy communication in turbulent times
European Union
shared by @ecb, @EconBrothers, @OpenEurope, @LorcanRK, @LemaSabachthani
European Union
shared by @ecb, @EconBrothers, @OpenEurope, @LorcanRK, @LemaSabachthani
Hamptons Home Sales Surge as Wall Street Fuels Price Gain
Bloomberg
Home sales in New York’s Hamptons, the beach retreat for financiers and celebrities, surged in the first quarter as stock-market gains and fatter Wall Street bonuses fueled demand for luxury properties.
shared by @TheStalwart, NYT Dealbook, @nasiripour, @LaurenLaCapra
Bloomberg
Home sales in New York’s Hamptons, the beach retreat for financiers and celebrities, surged in the first quarter as stock-market gains and fatter Wall Street bonuses fueled demand for luxury properties.
shared by @TheStalwart, NYT Dealbook, @nasiripour, @LaurenLaCapra
With Farm Robotics, the Cows Decide When It’s Milking Time
New York Times
Farms in upstate New York and elsewhere are using automatic milkers that scan and map the underbellies of cows, extract the milk, and monitor its quality, without the use of human hands.
shared by @counterparties, Marginal Revolution, @jsphctrl, @interfluidity
New York Times
Farms in upstate New York and elsewhere are using automatic milkers that scan and map the underbellies of cows, extract the milk, and monitor its quality, without the use of human hands.
shared by @counterparties, Marginal Revolution, @jsphctrl, @interfluidity
Cash is All the Rage – A Closer Look at Condos Bought with Cash
corelogic.com
shared by @NickTimiraos, @davidmwessel, @nasiripour, @pdacosta, @mccarthyryanj
corelogic.com
shared by @NickTimiraos, @davidmwessel, @nasiripour, @pdacosta, @mccarthyryanj
Housing Won’t Save the U.S. Economy
houseofdebt.org
Exactly a year ago from today, one of us wrote a short piece entitled Will Housing Save the U.S. Economy? The conclusion was pessimistic.
shared by @counterparties, @NickTimiraos, @JustinWolfers
houseofdebt.org
Exactly a year ago from today, one of us wrote a short piece entitled Will Housing Save the U.S. Economy? The conclusion was pessimistic.
shared by @counterparties, @NickTimiraos, @JustinWolfers
F.C.C., in ‘Net Neutrality’ Turnaround, Plans to Allow Fast Lane
New York Times
Planned new rules would allow an Internet provider to negotiate separately with content companies like Disney or Google and charge for priority service.
shared by @firstadopter, @MParekh, @kairyssdal, Naked Capitalism
New York Times
Planned new rules would allow an Internet provider to negotiate separately with content companies like Disney or Google and charge for priority service.
shared by @firstadopter, @MParekh, @kairyssdal, Naked Capitalism
Russian Brokers Gain From Crisis, Profits So Rich They’re Trading From the Beach
Bloomberg
It was a vacation that Russian stock broker Alexander Antipov said he dreamt about for two decades: a tropical getaway from the harsh Moscow winter to the white-sand beaches of Acapulco, Mexico.
shared by Here Is The City, Naked Capitalism, @JohnLothian, @Dvolatility
Bloomberg
It was a vacation that Russian stock broker Alexander Antipov said he dreamt about for two decades: a tropical getaway from the harsh Moscow winter to the white-sand beaches of Acapulco, Mexico.
shared by Here Is The City, Naked Capitalism, @JohnLothian, @Dvolatility
Deutsche Bank under pressure by investors to raise capital
Financial Times
Deutsche Bank is facing pressure from investors to raise capital amid fears the bank is still not robust enough to cope with a tougher regulatory environment and a slump in global debt markets.
shared by NYT Dealbook, @GTCost, @FGoria, Here Is The City, @JohnLothian
Financial Times
Deutsche Bank is facing pressure from investors to raise capital amid fears the bank is still not robust enough to cope with a tougher regulatory environment and a slump in global debt markets.
shared by NYT Dealbook, @GTCost, @FGoria, Here Is The City, @JohnLothian
The Neo-Fisherite Rebellion
Noahpinion
shared by @TheStalwart, @cullenroche, @M_C_Klein, reddit/Economics
Noahpinion
shared by @TheStalwart, @cullenroche, @M_C_Klein, reddit/Economics
US Change in Nonfarm Payrolls APR 2014
estimize.com
US Change in Nonfarm Payrolls APR 2014
shared by @abnormalreturns, @ReformedBroker, @ToddSullivan, @TheStalwart
estimize.com
US Change in Nonfarm Payrolls APR 2014
shared by @abnormalreturns, @ReformedBroker, @ToddSullivan, @TheStalwart
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