1. I have just started reading Taleb. But this paper pointed out by Fin Prof is surely going to involve some fireworks.
2. MR points to a profile of a rising India born economist- Raj Chetty.
3. How many Americans know Bernanke? WSJ Blog points to the poll results. WSJ Blog has another story of Greenspan on subprime mess.
4. WSJ Blog has superb stuff in its assorted section. Read all. Bernanke might make a debut on youtube putting his comments on Se 18 on the video sharing website.
5. Mankiw asks did Fed announce a secret rate cut in August.
6. Rodrik on multilateralism and cites 2 papers that summarise his work. The papers should be a good read as his work on development is a lot of food for thought.
7. TT Rammohan has some nice posts- one on India sparkilng (I have my doubts on that, India is growing but lots of issues need to be addressed, you really cannot attribute an oversubscription in a power company to India sparkling.), two on financial inclusion and three on India’s banking system.
8. JR Varma points to a super paper by Bank of England on current market turmoil. Well, here is Mervyn King and his team at their best. Willem Buiter’s comments on the paper are a must read. He says:
Following the bail out of Northern Rock, I can only conclude that the Bank of England is a paper tiger. It talks the ‘no bail out’ talk, but it does not walk the talk.
9. There are some nice articles on education/talent:
Manoj Pant says the problem in Indian education is not colleges but teachers.
Deepak Wadhawan says BPO is loosing talent. There is related article in American on the same in US where most people prefer economics courses to computer science.
10. TCA in his weekly column, points to a newBIS paper.
October 11, 2007 at 5:56 pm |
[...] King defends Most commentators (including me) had criticised the Bank of England move (here and here) to provide help to Northern Rock and the financial system in the current [...]