Good morning. What your return would have been in the S&P500 since 1983
http://www.businessinsider.com/thornburgs-real-real-equity-returns-2014-8

Pent-up wage deflation. Pretty cool concept, if you ask me…

http://blogs.ft.com/gavyndavies/2014/08/29/us-economy-pent-up-wage-deflation-blues/

Still a very interesting picture.

http://www.businessinsider.com/why-biotech-bubbles-arent-importatnt-2014-8

Best of last week. For the late-holiday returners

https://lukasdaalder.com/2014/08/29/best-in-economics-this-week-august-29/

Maybe I have posted this one before, but it has become more relevant again…

http://www.voxeu.org/article/europe-s-russian-connections

Good timing: the IMF reviews the economies of both Norway…

http://www.imf.org/external/pubs/ft/scr/2014/cr14259.pdf

…and Sweden

http://www.imf.org/external/pubs/ft/scr/2014/cr14261.pdf

I am not sure why China is not in this chart: maybe because of the unreliable Mao statistics?

http://blogs.ft.com/beyond-brics/2014/08/29/five-chart-history-of-post-colonial-asia/

Cool chart showing that French labour market is somewhat different from the US and UK…

http://wol.iza.org/articles/how-responsive-is-the-labor-market-to-tax-policy

Interactive overview from the Wall Street Journal on the complicated situation in the Middle East

http://graphics.wsj.com/isis-strange-bedfellows/

And, as ever, the US schedule for the week ahead. Slow starting (labour day on Monday), bit with ISM and payroll

http://www.calculatedriskblog.com/2014/08/schedule-for-week-of-august-31st.html

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 Do not quote unless specifically cleared beforehand!