Global Macro / Markets / Investing:
- William Baumol, whose famous economic theory explains the modern world, has died – VOX
- The Populist Explosion: Understanding the History and Origins of a Global Trend – egfound
- ETFs Become the Investing World’s No. 1 Scapegoat – Bloomberg
- The asset management industry has a diversity problem – MarketPlace
- Oil Rout Damps Stock Gains as Bonds, Dollar Slip: Markets Wrap – Bloomberg
- Arguments against basic income are straw men – VOX
- China can deflate the world’s largest credit bubble in an orderly fashion – SCMP
- Mysterious trends in the bond market could be warning of trouble – SCMP
- (Fight) the Fed Model – Value Walk
- Crude Awakening: The Global Black Market For Oil [INFOGRAPHIC] – Value Walk
- The world’s most valuable resource is no longer oil, but data: The data economy demands a new approach to antitrust rules – Economist
Americas:
- Has U.S. Productivity Gone Hiding Overseas? – WSJ
- Trends in US absolute income mobility since 1940 – VOX
- 31 seconds of the healthcare vote that shows why people hate politics – CNN
- Betrayal, carelessness, hypocrisy: The GOP health-care bill has it all – Washington Post
- House GOP passes Obamacare repeal bill – CNN
- So Much for Trump’s Populism – The Atlantic
- Protesters turn out for Trump’s New York return – The Hill
- Seven Reasons the Left Is Losing – The Atlantic
- Hillary Clinton to launch political group as soon as next week – Politico
- America’s allies are figuring out Donald Trump – The Economist
- Message of Puerto Rico Debt Crisis: Easy Bets Sometimes Lose – NY Times
- The implosion of the Venezuelan thugocracy – FT
- Mexico Group Wants Ban on U.S. Corn Syrup If Sugar Is Taxed – Bloomberg
- Mexico, Canada seek U.S. soft spots to bolster NAFTA defense – Reuters
- Where US Manufacturing Jobs Really Went – Project-Syndicate, DeLong
- The fading American Dream: Trends in absolute income mobility since 1940 – VoxEU
- It’s Time to Get Worried About the Auto Industry – Slate
- Payrolls in U.S. Rise by 211,000; Jobless Rate Falls to 4.4% – Bloomberg
- Trump just said Australia’s universal health care is “better” than the US system – Vox
Europe:
- What Democracies Can Learn From Greece’s Failed Populist Experiment – The Atlantic
- Obama backs Macron in last-minute intervention in French election – The Guardian
- Euroskeptic streak among young Europeans: poll – Politico
- Prince Philip to step down from carrying out royal engagements – BBC
- National Front Leaders Start to Acknowledge That Le Pen May Lose – Bloomberg
- Russian bombers, fighter jets fly near Alaska, prompting Air Force escort – Fox News
- In French Elections, Alt-Right Messages and Memes Don’t Translate – NY Times
- Risk of German real estate bubble rising -Bundesbank – Reuters
- In French Election, Youth Reject Establishment in Search for Jobs Cure – WSJ
- Why leaving the EU could actually be to our economic advantage – The Telegraph
- Twenty years on: Is there still a case for Bank of England independence? – VoxEU
Asia:
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- After North Korea criticism, China says wants to be good neighbour – Reuters
- China’s War on Debt Causes Stocks to Drop, Bond Yields to Shoot Up and Defaults to Rise – WSJ
- China is about to get its first vertical forest – WEF
- The Paradox of India’s Vacant Houses – Marginal Revolution
- Philippines’ Duterte says chat with Xi was at Trump’s request – Reuters
- Korean Stocks Hit Record Despite Scary Nuclear Rhetoric – WSJ
- China’s credit tightening is slowing economic growth but for how long? – SCMP
- The case for a truly international Asian infrastructure summit – Nikkei Asian Review
- Southeast Asia plays catch-up in dealing with graying populations – Nikkei Asian Review
Trans-Tasman:
- Dash of Louisiana Flavor to Revive Australia’s Oldest Gas Plant – Bloomberg
- New tricks: Why do our political parties persist with economic rationalism? – The Monthly, Don Watson
- Housing crisis should be Treasurer’s moment for vital tax reform – New Daily
- Vital Signs: why the government still thinks it can ‘grow away’ the deficit – The Conversation
- Can Institutional Funding be Channelled into Rental Housing? – Pearls and Irritations, Pawson
- Why biased budget forecasts make poor politics – The Conversation
- How institutional investment could help housing affordability – Pearls and Irritations, Koczkar
- Australia mulls ways to dilute foreign demand for property – Nikkei Asian Review
- The causes and effects of the housing affordability crisis, and what can and should be done about it. – Pearls and Irritations, Eslake
- The politics of property and the role of urban planning – Pearls and Irritations, Phibbs
- Running the private rental market at a loss, for profit – Pearls and Irritations, Cutcher
- Base power: The energy crisis is all about politics rather than supply – The Monthly, Richard Denniss
- The crash the RBA fears: it’s not housing and banks, it’s you – New Daily
- Turnbull Sounds Like Trump With ‘Australia First’ Budget – Bloomberg
- Aged parents of migrants to get access to five-year Australian visas for $10,000 – Guardian
- BHP Billiton executives warned they could face charges if they shift company out of Australia – Guardian
- Why the Coalition’s university changes are just a great big new income tax – Guardian, Jericho
- Victorian budget splash raises questions about privatisation – The Conversation
- Five alcohol companies paid no corporate tax for two years, analysis reveals – Guardian
- Why older Australians don’t downsize and the limits to what the government can do about it – The Conversation, Daley
- WA’s economic mismanagement is not a reason to review how the GST is carved up – The Conversation, Eslake
- Rather than capping tax revenue, the government should reform the system – The Conversation
- Why Chinese investors find Australian real estate so alluring – The Conversation
- Tackling the big tax swindlers – Michael West
- Budget expected to expand sponsorship program for refugees – at cost of $40,000 each – Guardian
- Slow wage growth will continue to be a drag on the economy, Reserve Bank says – ABC
- RBA holds key to lower house prices, not Government says economist – ABC
- Victoria cracks down on worker exploitation, tells Coalition to follow suit – Guardian
Other:
- There are diseases hidden in ice, and they are waking up – BBC
- The age when you hit ’peak loneliness’ – The Guardian
- Dangers on the dark side: How personality traits such as psychopathy and narcissism may come to haunt the rich – FT.com…apply to the wanna be rich too?…