Best in Economics this week: November 1

And the winner with respect to labour markets is…. Germany!CNe2GYcQ1cDxmqCLZvZeQPF2WPG9C1jBgB1Mmvu-Chiix-6tJ10VaN5EESYeq01VazgmPP53XG6EYncADTbOeslvp_NnxFw8CBNy9FNRhxCOrKPgscUxwNzM

http://www.ritholtz.com/blog/2013/10/long-term-unemployed/

And the winner with respect to UK house prices is…. London!

hB_1T1zU95YItzUMv9ZfV28CvpvL_TfNNKohgBlR7DXHvl1VundKlRU3U5M72lb9wakRX5pyVtqZ3XSyCS9HcXca61nzbIubhhSo_EQtIixDttsDB2Ts-PQX
http://www.businessinsider.com/chart-the-london-housing-bubble-2013-10

Putting things into some longer term perspective…

Nf-3iiTYCHNAOHtI7vKe4LJtmoA9TxfvEdrfykQo69SEz7gVTahEG3G8Yvn3QhIqWg_BLYdqE2U43HYBrnC-TOx1gOgXmHIXeqkFpDa_27srq9TQygga7nmB
http://www.zerohedge.com/news/2013-10-23/its-2nd-worst-decade-over-220-years-and-getting-worse

A nice overview of the relative outperformance of small caps, all the way back since 1925

YIY0jh1UTqy-YFZHLtIgD7vaUV0Ez3yYe91sJSh1XdoWG3g-qqkH1AXipng5qjE9aw0D72vaenQ-vdGH9xLcWtGEj_zFFrYxtHLM-kpXgdazMcZbkTI9OfHPhttp://www.mebanefaber.com/2013/10/25/what-to-do-with-small-caps/

Cool overview of all the settlements and penalties in the US financial system… Looks like a profitable business!

wtaGyRWRSvHziFQELuU3OsBEbYYP1Xk7WHn6Es31uyly3a83DtT-i9BAoWu2HGye04GQZ2FABWUsh4pW-HGxYNOB_9jZf33hKjCbTkHW2gJDSNhJ6lDKTZat

http://www.economist.com/news/finance-and-economics/21588386-payback-time-subprime

If the Fed will not tapper, it will end up buying all of the newly issued debt before long…

tKX2H-SUWe3OflFZ9A3Cqw1WySAQ4jRfDN-c8XY3Lpi8imCcx4UjiiPnplM9vxZntV-z19jJwu8MeqJJPSYUeFmv_WIU72449PQ8HKOs3Ye2UfF2MQ7z-qooSA
https://twitter.com/EBawerk/status/395934363436584961/photo/1

Nice one: car penetration meets wealth…

Yw3tH4vduOyFUXLQOT50OZ4pS45CbRb-l2za_QS2TOKP0m1FoPGb5hPu821ps46nCDJYboTner2vdCZdKLoDkiaiWamTyUByY-57q4Z7S_0y5EPrV1EKlman
http://www.businessinsider.com/reminder-the-chinese-auto-market-is-going-to-be-ridiculously-huge-2013-10

The Dallas Fed wonders whether Asia is doing a 1997 rerun…

gJgbCHf0Q-5we5ihvTHnu780KxyZZ-VcYziQaSNoAGlrE1OlAQyhbP2Pq5udQ_0rOLbAUSzhowjAL59R9694OfFfDI2q5WP6UtPKYNY3UzBXYP-ALlWmW2ZC

http://www.dallasfed.org/research/eclett/2013/el1309.cfm

Cool download for the UK: debt and GDP all the way back to 1700

vF_niXECkQaZY3U8kJifFvsBUutqDwkbuPuZcuYXhMdV0z613T3RK5JEtOzcITnGk24QbpYUkwZjBcoLYg9nQq-hrgH_7IteWqp9nuuxG-cAxmTDz-HdY3al
http://krugman.blogs.nytimes.com/2013/10/28/three-centuries-of-debt-and-interest-rates/

The Dutch are good at ‘being tall’, apparently…

H_ELb42f3gMLSLrWiIloazUlvzAEL8qeltMqoJvifkDhZeAQ45Zsz9623QDkBkr4ofyEX7kONEeCOKSSVUP4O5186dP2MAJ9F2eLAa08drweLDvlc_7UnyVw
http://www.zerohedge.com/sites/default/files/images/user5/imageroot/2013/10/Doghouse%20Maps%20J_0.jpg

Very interesting website packed with maps showing what this world looks like

VnYkEJdtrF_3k4xfTZi_vbsrImR0Tg-7JKgtnGLleKd6XEYKLoz0ONV8O8afJnqQUf9TfTwxzH1CwH5Am2rD4cyp5-ndCl1N49C4WDSUK2eGV1L2NqZCzqiSoA
http://chartsbin.com/

Article 4 consultation by the IMF on Brazil!

uZKRXmZdf169y6j5OCfQ2sZ5NnMpSENfagAFK76bo0otRrU2Vv0ne9FcUFoTRSqxaYxCF6IqM2JPpPsZGvKtlqlnZIZ2W7wCPsNVtceQqEwtGDGwQYtmacRL
http://www.imf.org/external/pubs/ft/scr/2013/cr13312.pdf

Clear enough chart on the distribution of wealth for a number of countries

xPn-SzQ3beKsW7x9A0R8wQWPWL5ktwWr6XvH5k8SZX6iUKr2ZDgpAorXVCB9WB41YPhDx3vChhZl3IBOcR6SWWonHK4_I9OnFm1sO7uj_ESigxxIii3P5CqW3A

http://www.bondvigilantes.com/blog/2013/10/30/its-halloween-so-time-for-some-spooky-if-not-downright-scary-charts/

Beautiful chart from the IMF on China’s influence in sub-saharan Africa

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http://www.imf.org/external/pubs/ft/reo/2013/afr/eng/sreo1013.htm

A complete overview of all previous editions of Best of the Web Weekly Economics can be found here http://bit.ly/16dkN6i. All links provided are collected from public websites, unless otherwise specified. I have not checked the data or information for accuracy used, and therefore do not guarantee that all data provided will be 100% correct. The links provided do not necessarily reflect my personal opinion and should be seen as general interest: oftentimes I do not agree with arguments presented, but nevertheless think it is worthwhile to read them. It is up to the reader to make up their own mind. Suggestions or discussions are more than welcome. Do not quote unless specifically cleared beforehand!

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