Best of the Web: 13-12-02, nr 890

Good Morning. A long piece on bitcoin with numerous arguments and counter-arguments. The currency crashed during the weekend, but has rebounded…
http://www.businessinsider.com/im-changing-my-mind-about-bitcoin-2013-12

Interesting! “East African trade bloc approves monetary union deal”
http://www.reuters.com/article/2013/11/30/us-africa-monetaryunion-idUSBRE9AT08O20131130

I am not sure how they measure it, but I guess it feels logical: the age of US capital stock is at a record level
dzbzw02t4X4wuGYUV25vYuWJcnfvgDWR7y2hKrX0wsoWouRYm6Ty4Ni89AiyTBu5EmJoDFcjxTS5LhlwNYYUMoV4eqxfHPzuV_M5VY8AkiYEHHwTTSFCy4sSxQ
http://ftalphaville.ft.com/2013/11/01/1683962/the-us-capital-stock-old-and-busted-but-why/

It was a quiet week last week, thanks to thanksgiving…
a8NZ6cURbI_UX5G5F2SEV_Iax3qf8rvBz5JbHqFLidQNYsV8EJR08t_BgO4_NX0KvklTh3gzAXux9lm5h7qI9HwVSSoKM7a5ct7g9hLCzio8MX8q8KRY-Jr2Zw
https://lukasdaalder.com/2013/11/29/best-in-economics-this-week-november-29/

Study by the Dallas Fed into the immigration and transformation of the Texas economy
wHrEccI9m0OMpv1yI4JlrctVcU0SQzAVQgyzlpouM9CWGLsIe_YQjeUkLbWZ9C-6qyk-45WVXAt4dx4-1qaZwv8dfbfyy-0AK8BQlAEvcAPk3vaokXMFHmdk4g
http://www.dallasfed.org/assets/documents/research/pubs/gonetx.pdf

Just to remind everyone
HJWf07wfGfOJYqQ5GU-KvSLdmks3csdobqjLfNaeoYjlqsxXtqEI2fsQAH7ZZKqmLAWpj-APQppQbX0V_RsHA4ytdHMxQptfM3_cwFbsTGpbUCRx3hJ6t3P09Q

http://economistsview.typepad.com/economistsview/2013/11/the-long-slog-economic-growth-following-the-great-recession.html

Speaking of which: this is an interesting chart as well…
80uot1_er6H851Yze7QDfu6RnNWj1acfo9IJR3eyFYhoAGcxOn-bfmB9TdNHWwS55prrpeQTbNYWqNlJK8sZPEh5qGBjUTyhPGRC2Q00j8vpgemgk_nLmN8fig
http://www.econbrowser.com/archives/2013/11/presidents_and.html

But having said that: Obama’s approval rate continues to decline…
OBbp8sRIvFpm3QZkE3YVsUwpuwTpKzxgF9qtV3qcVVpqgFDp3XW1Ccre9RHpu41Oh11QoLO5-Dfn1SMVIMjx8690Yy6P4AQqulFdkC6Nh7eSJQnJm8zmCCBpwQ
http://www.zerohedge.com/news/2013-12-01/other-great-rotation-hope-change

Taxes in the US: you better keep your income low and go for capital gains…
9SwPKDENQL7ryRDLT94g4jSpejkQembCQ3FlmnW4oqNOqN-sKADyskeBtVXbQO63OPFj80YJuNWMi3SqJ4Bdx44n31Z7sh8PPrUhu9ZFyZ9gzeWkXa5xmjJMsA
http://online.wsj.com/news/articles/SB10001424052702304281004579222114154136566

And the schedules for the week ahead
http://www.calculatedriskblog.com/2013/11/schedule-for-week-of-december-1st.html
http://blogs.ft.com/beyond-brics/2013/12/01/the-week-ahead-dec-2-6/

 

A complete overview of all previous editions of Best of the Web can be found herehttp://tinyurl.com/c8ge4c5. 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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