Linkfest: Economics v. science; Greenspan’s tua culpa; Cradle-robbing seniors
Categories: Linkfest
Today’s most shared: Is economics a science? Greenspan’s self-serving look at the financial crisis…The baby boomer’s last generation gap: an inter-generational great train robbery? JPMorgan’s monster settlement…Physicists and financial markets.
via Washingtonpost.com: Alan Greenspan still thinks he’s right
Yes, Economics Is a Science
New York Times
Don’t let the skeptical response to this year’s Nobel Prize fool you.
shared by Huffington Post, @ritholtz, reddit/Economics, @rjocean
New York Times
Don’t let the skeptical response to this year’s Nobel Prize fool you.
shared by Huffington Post, @ritholtz, reddit/Economics, @rjocean
The Nobel Laureates on equity bubbles
Financial Times
The award of the Nobel Prize last week to three academics who have specialized in the empirical modelling of asset prices has focused attention on what academic research can tell us about a highly topical question: could the US equity or credit markets currently be in a bubble?
shared by @MarkThoma, @MichaelKitces, @FGoria, @Noahpinion, @EmanuelDerman
Financial Times
The award of the Nobel Prize last week to three academics who have specialized in the empirical modelling of asset prices has focused attention on what academic research can tell us about a highly topical question: could the US equity or credit markets currently be in a bubble?
shared by @MarkThoma, @MichaelKitces, @FGoria, @Noahpinion, @EmanuelDerman
Alan Greenspan still thinks he’s right
Washington Post
Alan Greenspan explores why he didn’t see the crash coming.
shared by reddit/Economics, @ReformedBroker, @delong, @ObsoleteDogma
Washington Post
Alan Greenspan explores why he didn’t see the crash coming.
shared by reddit/Economics, @ReformedBroker, @delong, @ObsoleteDogma
Wall Street Billionaire Stanley Druckenmiller Is Blowing the Whistle on Generational Theft—and Standing Up for Generation Y
Wall Street Journal
In The Wall Street Journal, James Freeman interviews renowned money manager Stanley Druckenmiller about the debt limit, entitlement reform and why the young should be demanding action.
shared by @firstadopter, @BarbarianCap, reddit/Economics, @AlephBlog
Wall Street Journal
In The Wall Street Journal, James Freeman interviews renowned money manager Stanley Druckenmiller about the debt limit, entitlement reform and why the young should be demanding action.
shared by @firstadopter, @BarbarianCap, reddit/Economics, @AlephBlog
Robert Shiller: A Skeptic and a Nobel Winner
New York Times
The Yale professor talks about the forces that made him a questioning, data-driven economist.
shared by @LaurenYoung, @ATabarrok, @MarkThoma, The Big Picture, @Alea_
New York Times
The Yale professor talks about the forces that made him a questioning, data-driven economist.
shared by @LaurenYoung, @ATabarrok, @MarkThoma, The Big Picture, @Alea_
JPMorgan Said to Have Reached $13 Billion U.S. Accord
Bloomberg
JPMorgan Chase & Co.’s record $13 billion deal to end U.S. probes of its mortgage-bond sales would free the nation’s largest bank from mounting civil disputes with the government while leaving a criminal inquiry unresolved.
shared by Business Insider, @GTCost, Naked Capitalism, @BBC_Joe_Lynam
Bloomberg
JPMorgan Chase & Co.’s record $13 billion deal to end U.S. probes of its mortgage-bond sales would free the nation’s largest bank from mounting civil disputes with the government while leaving a criminal inquiry unresolved.
shared by Business Insider, @GTCost, Naked Capitalism, @BBC_Joe_Lynam
RBS ’bad bank’ due in weeks, says George Osborne
The Telegraph
Chancellor discloses imminent break-up of bailed-out Royal Bank of Scotland.
shared by @BBC_Joe_Lynam, @mhewson_CMC, @RoubiniGlobal, Here Is The City
The Telegraph
Chancellor discloses imminent break-up of bailed-out Royal Bank of Scotland.
shared by @BBC_Joe_Lynam, @mhewson_CMC, @RoubiniGlobal, Here Is The City
SEC Files Charges in Magnetar Deal
ProPublica
The Securities and Exchange Commission has charged an asset manager with fraud for its role in one of the most notorious groups of mortgage securities deals behind the financial crisis.
shared by @ritholtz, @Convertbond, @BarbarianCap, @nasiripour
ProPublica
The Securities and Exchange Commission has charged an asset manager with fraud for its role in one of the most notorious groups of mortgage securities deals behind the financial crisis.
shared by @ritholtz, @Convertbond, @BarbarianCap, @nasiripour
Is Nominal GDP Targeting a Rule Policymakers Could Accept?
stlouisfed.org
The economy is too complex to be summarized by a single rule. Economies are constantly changing in ways difficult to explain after the fact and nearly impossible to predict. Consequently, policymakers seem destined to rely on discretion rather than rules.
shared by @counterparties, @mccarthyryanj, Naked Capitalism
stlouisfed.org
The economy is too complex to be summarized by a single rule. Economies are constantly changing in ways difficult to explain after the fact and nearly impossible to predict. Consequently, policymakers seem destined to rely on discretion rather than rules.
shared by @counterparties, @mccarthyryanj, Naked Capitalism
How Shiller helped Fama win the Nobel
Washington Post
The Nobel committee, in a fix, crafted an elegant solution to the problem posed by Fama’s more-recent work.
shared by @ErikSchatzker, @ritholtz, The Big Picture, @EmanuelDerman
Washington Post
The Nobel committee, in a fix, crafted an elegant solution to the problem posed by Fama’s more-recent work.
shared by @ErikSchatzker, @ritholtz, The Big Picture, @EmanuelDerman
Physicists and the financial markets
Financial Times
Physicists have been lured into the financial market for decades, prized for their insights and data-crunching skills. But in a time of turbulence, flash crashes and high-frequency trading, can they really spot things that others miss?
shared by reddit/Economics, @rjocean, @EmanuelDerman, @EpicureanDeal
Financial Times
Physicists have been lured into the financial market for decades, prized for their insights and data-crunching skills. But in a time of turbulence, flash crashes and high-frequency trading, can they really spot things that others miss?
shared by reddit/Economics, @rjocean, @EmanuelDerman, @EpicureanDeal
StreetEYE.com follow the best ‘curators’ on the Web and social media, and finds all the top financial news right now, as voted by you.
Please help us pick the most important stories you think should appear in this linkfest by voting here!