Archive for March 30th, 2012

Why Cities Are Good For You?

March 30, 2012

A nice interview of Leo Hollis. He is a historian, writer and urbanist based in London.

His thoughts are much like Ed Glaesar. He says cities are important as they are places where people ideate:

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Why recovery is better in US and not UK?

March 30, 2012

This continued posting of poor GDP growth nos by UK has been a hot topic of discussion.  Pro-Keynes cite victory for their club and say it shows fiscal austerity worsens growth prospects.

A nice speech by Adam Posen of BoE on the topic (as always).

He says despite similar institutional systems and crisis policy responses, US recovery has been faster. Why?

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Bernake’s Crisis lessons and Reading list

March 30, 2012

Most must have seen these.

Those who haven’t,  should see the 4 ppts made by Bernanke at GWU.

Even better, the videos are there on the website.

There is also an interesting reading list on Fed and the crisis..

Financial Sector Legislative Reforms Commission Website..

March 30, 2012

The commission was announced in Union Budget Speech 2010-11 (26-Feb-10):

Most of our legislations governing the financial sector are very old. Large number of amendments to these Acts made at different points of time has also increased ambiguity and complexity. The Government proposes to set up a Financial Sector Legislative Reforms Commission to rewrite and clean up the financial sector laws to bring them in line with the requirements of the sector.

FSLRC  was established on 24-Mar-11.

Ajay Shah informs that FSLRC website was launched recently:

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Do economics majors need to learn Excel?

March 30, 2012

 of Worthwhile Canadian Blog has a nice post (link fixed: Thanks Maheep for the same) on the same.

All this blog can say is yes learning excel is a must..

Discussing Greece crisis in European Parliament…

March 30, 2012

Jörg Asmussen of ECB (the German representative) gave a statement at the Committee on Economic and Monetary Affairs of the European Parliament. The statemente was with respect to measures taken in Greece and how they will help lower debt and bosst competitiveness.

With the speech come this interesting sets of Qs asked by Several Political Groups Within the European Parliament. The qs are answered by Asmussen and Olli Rehn (Vice President of the Commission).

Sample the qs:

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