"An Interview with Paul Samuelson" Economist’s View
In reform, more of the same Marshall Auerback. This line sums up his view about Obama’s reforms: "As with so much of the Obama administration, great-sounding words, but nothing in the way of substantive change."
The Case for California Defaulting, Even If It Won’t Paul Kedrosky
Swan Song: First he was very famous, now he’s very rich. But Nassim Taleb is still wrong. The Big Money. Interesting anti-Taleb take. For my money, catastrophe insurance a la Taleb is warranted at specific times when markets become extremely overbought.
Latvia: A lat to worry about FT. Wonderfully long and comprehensive article
Fitch to keep sovereign debt rating unchanged Japan Times. AA- for having nearly 200% debt to GDP? OK.
Household financial assets lowest since ’04 Japan Times. This is a global phenomenon.
IPhone 3G S Review Roundup PCWorld. A lot of good things are being said about this new phone, available starting Friday.
Antidote du Jour: