Sorry for comparatively few posts. Did not find much that seemed worthy of long-form comment. And per below, I did look!
Mortgage approvals suffer surprise dip Independent
How to fall six miles and survive Tyler Cowen
Do employers discriminate in female-dominated occupations?Alison Booth, Andrew Leigh, VoxEU
Tom Hoenig For Treasury Simon Johnson. The most interesting part is his name is being floated officially.
McKinsey Says Deleveraging Will Exert Drag on GDP Growth Prudent Investor. Conventional wisdom watch.
Repo market to escape planned US bank levy Financial Times. Notice while the concern was (supposedly) Treasuries, the exemption includes ALL securities used for repo? Lovely. In a bull market for credit, dealer will lend against all sorts of supposedly safe paper. In the crisis just past, that included AAA-rated CDOs, many of which are now worth zero.
The best course for Greece is to call in the Fund Jean Pisani-Ferry and André Sapir, Financial Times. Reader Swedish Lex points out, “I am surprised that the authors would prefer the IMF – they are both EU enthusiasts. Should probably be read as in effect saying that the EU – for the time being – is not able to sort out its own problems through its own institutions. ”
Dem. senators spent weekend with bank, energy, tobacco lobbyists Ben Smith, Politico (hat tip DoctoRx)
NYT Talks Global Power Without a Clue Dean Baker
What’s a Degree Really Worth? Wall Street Journal
Google Documents and Groups Open in China! ChinaYouren (hat tip reader Michael T)
Rising FHA default rate foreshadows a crush of foreclosures Washington Post
CIA moonlights in corporate world Politico (hat tip reader Tom S)
Demand of corporate loans in US falls Financial Times
Why bipartisanship can’t work: the expert view James Fallows, Atlantic (hat tip reader Scott)
Health Care: Who Knows ‘Best’? Jerome Groopman New York Review of Books
Antidote du jour: