Links 24 August 2015
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Global Macro / Markets / Investing:
- Does Capitalism Cause Poverty? – Project Syndicate
- Investors Race to Escape Risk in Once-Booming Emerging-Market Bonds – NY Times
- No End in Sight for Oil Glut – WSJ
- Oil Poised for Longest Weekly Losing Streak Since 1986 Amid Glut – Bloomberg
- World’s Richest People Lose $182 Billion in Market Rout – Bloomberg
- Towards a General Theory of Deep Downturns – nber
- Economic Risk of Stock Plunge Varies Around Globe – WSJ
- El-Erian: A Brutal Week in Markets, But What Comes Next? – Bloomberg View
- Pension Advisers Learn the Folly of Trying to Beat the Market – NYT
North America:
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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.