Links 21 May 2013

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Global Macro/Markets:

  • Helicopter money as a policy option – VOX
  • Learning About Growth from Austerity by Michael Spence – Project Syndicate
  • Is There a Stock-Market Bubble? – New Yorker
  • BIS and IMF attacks on quantitative easing deeply misguided warn monetarists – The Telegraph
  • Gold falls for eighth session, silver down sharply – Reuters
  • Andy Xie Column — Too Big To Fail Is Bigger than Ever – Caixin

North America:

  • Learning from Houston: Great interview with America’s first openly lesbian (Democratic) mayor – Wall Street Journal
  • Housing recovery? What housing recovery? – Twitter Pic
  • US business keen to promote ‘fast track’ trade deals – Financial Times
  • Derivatives Reform on the Ropes – New York Times

Europe:

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  • Greece Isn’t Turning the Corner – Bloomberg
  • UK Housing Market Analysis • Local level house price to income ratios – nealhudson.com
  • Quantitative Ease: Europeans’ Biggest Problem – carolabinder.blogspot.com
  • U.K. Home Asking Prices Rise 2.1% to Record, Rightmove Says – Bloomberg
  • London property asking prices soar to a new high. – itv.com
  • UK Inflation to Stay Above Target for Long Term: Sentance – CNBC
  • Bank of England Offers Ray of Hope for UK Economy – CNBC
  • The UK has just had one lost decade, and is about to enter a second – The Telegraph

Asia:

Local:

  • Mining profits: the facts – The Hoopla
  • Our national broadcaster has become part of the problem – Bill Mitchell

Other:

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About the author
Leith van Onselen is Chief Economist at the MB Fund and MB Super. He is also a co-founder of MacroBusiness. Leith has previously worked at the Australian Treasury, Victorian Treasury and Goldman Sachs.