Shark fins protection welcomed BBC. Sharks are alpha predators, so their importance is well out of proportion to their numbers.
Dumped pets pay price of recession Guardian
Dying is no reason to give up online social life The Daily Record
Man Downloads Movie While In Mexico, Receives $62,000 Wireless Bill Consumerist. Ouch
Monetarism Defiant City Journal. A chat with Anna Schwartz.
China Faces a Grad Glut After Boom at Colleges Wall Street Journal. This isn’t the first report of high unemployment among new graduates. The interesting bit is that some of the colleges weren’t providing great education either.
How financial stress spreads – A first comprehensive look at the current crisis Ravi Balakrishnan, Stephan Danninger, Selim Elekdag, and Irina Tytell, VoxEU
Potential Economic Costs Of Next Flu Pandemic Boom2Bust. I have an appetite for drama, but frankly, I’d find it more useful if someone pencilled out a higher probability scenario too. SARS killed 800 people. What might the economic consequences be if we had a serious outbreak (5000 deaths) but not a pandemic? I can still see a lot of economic damage (shopping, entertainment and travel take hits). Here is a first cut from Bruce Krasting.
Value for value Steve Waldman
Row with emerging nations threatens IMF’s cash call Independent. We pointed out that there was no guarantee that the funds pledged to the IMF at the G20 would come through.
AIG’s Fall: Bad Business Or Criminal Acts? CBSNews (hat tip reader Carrick).
How libertarian dogma led the Fed astray Henry Kaufman, Financial Times.
Antidote du jour: