America’s Loss is the World’s Gain: America’s New Immigrant Entrepreneurs, Part 4 Vivek Wadhwa. AnnaLee Saxenian. Richard B. Freeman, and Gary Gereffi, SSRN. On the reversal of the brain drain.
Geithner ducks a big question Bruce Krasting
Merrill’s $10 Million Men Wall Street Journal. Someone leaked a document. Repeated references to “the figures show”.
Wall Street on the Tundra Michael Lewis, Vanity Fair (hat tip readers AlanM and Richard, who both say they saw it via Felix Salmon)
The NPC meets, and Krugman refers to the savings glut Michael Pettis
The unfortunate uselessness of most ’state of the art’ academic monetary economics Wilem Buiter. A bit wonkier than it needs to be, but a must read nevertheless. Comments encouraged.
Antidote du jour (hat tip reader Barbara):
Most babies measuring 5ft would be considered big, but newborn giraffe, Margaret, at Chester Zoo, UK is seen as unusually small for her species. She is one of the smallest giraffes ever born at Chester Zoo but pint-sized Margaret will soon be an animal to look up to.
Little Margaret, who is the first female Rothschild giraffe born at the zoo, is being hand-reared by her dedicated keepers. The first calf for six-year-old mum Fay, Margaret, who was born two weeks early, tipped the scales at just 34 kilos and is a mere 5ft tall.
Tim Rowlands, team leader of the Giraffes section, said: ‘Margaret is potentially one of the smallest giraffe calves we have ever seen. Fay isn’t the largest of giraffes and Margaret was also early which might go some way to explaining her size. ‘Margaret was having difficulty suckling so our keeping team are now hand-rearing her’ …….