Best in Economics this week: July 3

Welcome to the default state!

mgAk3BYZxLMpiiJsh04CsRYScmucH7D_85fAU6rTJgyu1vFpRttwkZY4hUOpPbMAn_Ca1_EagHsIm9dgyzrow_voD4xqUPqeAlE0LOrRFaLbP1lPa2f03bBRPfW8hIsIzfrn4bw
http://www.investors.com/editorial-cartoons/michael-ramirez/

I am pretty sure I have shown this one before. Then again, it may have been updated…
cmpEwFLe-PuMzGV2wSnt0L1azMs3iDRhSqSP87y0kyB_m5P5dAc1xtFcQqJwAiCbZX7_KdMRvOVn4RgkxpNIRIRFdKNeSYHPdBezbOCLw3kHONlVP7dBUzh3GU89VDFZXIcKs8Q
http://ftalphaville.ft.com/2015/06/29/2133245/5000-years-of-dread-charted/

A bit of reading from the BIS
E6tb3LJZOZ63iwOjGwvy_OBzq3LXPHTXTAOs72-iaonlNIONTLtiQVK6J5kSevhhAydSAbf8iYyM1piWajTYjO6eLsjqcm8aOuIuUthQBy6yPUT6iB4_PeNvEpSWF1Cks_xADUg
http://uk.businessinsider.com/bis-report-on-central-banks-2015-6

Final edition, off to holidays! Leaving you with this IPO frenzy!
vR6JAcqeF5T2O5Sm_Y90_mYXUWI98C-tiO9Q16WgsgmZR36I_mXPzaZkL8TDk8q5dPyYGQAnGR8kr0cwL3jNPdqxJyZlNIW4SskFsATqW-AWlrx0evdkSC6i_Pr7ddwpHF0U5T8
http://uk.businessinsider.com/june-had-the-most-ipos-of-an

Some perspective on things
Qk9jjkkrv57cJz9D1ctg4BPle4RoAm-2zdD4HVCxIee54jTOZBgNWJgweV-Bsh9ijhWly0pAIHzlA7e8s8PpPIn0gNtQOMaaRAC2W_9zerfoKdAkDUMhrasDVonrgn4_PKZPecA
http://uk.businessinsider.com/charts-eu-economy-is-bigger-than-the-us-2015-6

Not much of a surprise: debt leads to a bigger negative impact of bubbles
UjYKnNzKs_UvVIcIX0KD3i6bCUpgw97-Cf_ETlFB_3nfSsF9pCgIFRyyqQlQzm5zb2kn3WEjzEm6OGY8qdcUVy9kHSscd-7eqrztxNbu_YnmNCcLtsmFYe1IkJ9SNqruzImoQ4I
http://www.bloombergview.com/articles/2015-06-26/the-reason-debt-bubbles-are-worse-than-stock-bubbles

We can add another red bar again…

e1iRm7SaeBS3fyXHD5JcFv4exceZYEBzOMt0LIRHSIUMNIgOpT2cxuf5Bbacd1AGcr7i4DFwufL1YfJX6cXj05P1a4p-S7zL2uS-Ag-hbHRa2KGzBSMs1SOOnVItgrjFlSRze1k

http://www.businessinsider.com/greek-financial-crisis-chart-2015-6

Some interesting charts and comments on the breakdown of US income
1s1CFmaWeS73u6tFPF6VRecbVApB4AlH6JT1a7GyI9BDxx3Tw38LqEhRhW0yE731Zkxnlqt0NnJR8ECxhDj_EzkGLD05FCoFdEEkciFbUpBE2vqbkkeGkzWv6pQWxVzZhvxvwUk
http://ftalphaville.ft.com/2015/06/26/2133005/the-changing-nature-of-americans-income/

And here is some more of that. And I am projecting that that projection is nonsense
PsYlGpOu--B7WIbuSNOD10M44zCxKX3ewYatWQ8e__zoUCDe_RX6tcNLRGVukh9lppVU4owCbi3D1TkTlNIOnGbjT2Lvt0lt_O9Tj8eEmmp8swyzjjjhzVsin9AUMTdjk1Dv_AI
http://www.washingtonpost.com/blogs/wonkblog/wp/2015/06/30/no-matter-what-greece-will-suffer-for-years/

Not going to Corsica this year…

iu2llwoGiESXkZh7DBp5KqESyKaP_FtpowaYOUfew5EO_Q4uadEt1FtWNhpL-qYK6NRTAtajAsnBTRztiiV8NsVRnjeTj3jntW0zDHH9CDtGCCEYKlw8qK7zqAtsqWNOXZ2gIHU

http://www.washingtonpost.com/blogs/wonkblog/wp/2015/07/01/kissing-friends-on-the-cheek-in-france-is-more-complicated-than-you-think/

Poverty around the world
3j_Ry2IKlwkXkq5uYbbU2cvfOGcCRFXDMljbcxThzXfYESBBa3N77-PqQvhgHuYaxisAdHv4m9TDlJ2RwSG7DRNGoXTUNj-fTRBw_Xrr94NzFANfr3o3zANfaKNDnCvlQTbf2Yg
http://www.economist.com/blogs/freeexchange/2015/06/multidimensional-poverty

So much for the underdeveloped countries

7WHeOFLg2eh0GEBpZRRATK9u2RcA7IDKgTZKDYXqk7F8KHGljuQajeBdpAh_Mj6dukt06l6b2Vu9D8qz8sZ0_8KYjnMtHz56DmXiB9HW0AfM53jMu-AxXvUWlWBVAN6nP3xoD6E

http://www.economist.com/blogs/graphicdetail/2015/07/daily-chart

What does a single brick cost (if found in the right place in London)
I3I6eOoSjjHKmt82bTyHfVEMfjXeWDcOPMg_8sQvOyJUyuUUPbTIXPT6P9bxREKNDy-ht95qTF46AgrgR3eFFpEBUqafiVCc7QG_Kwvv6FJ6kzd-jE8XtTFTNwrS4uFIH2Xljr8
http://www.cityam.com/218927/london-house-prices-average-cost-single-brick-capital-now-just-shy-200

How long the tourists will stay away after an attack…
WDen_PdjPQpzqkHecS06CRmVVlXoy-1KnAdasB7nWGtUp86B-wmUO3h_okvulJvOS4hQOTWoRfdNc94up_HPGR2qIRqrTpM4JWJjIiwKCh-mj50xP9gErHinGSsNmbinJ-v5rUo
http://www.economist.com/blogs/graphicdetail/2015/06/daily-chart-18

Now, who could ever be interested in this: “What moves the stock market?”

KEWxItw58NfRN4AVIGpMrUp01a2n_Z07zhs9c6CS5Q3HThuGg1FIq411umoOlrP51egTK4MZjiIymngtLIPemsk6ZdtN6_jgd4eVnHh5KZTa7YysnzYBTB4kUFuvFClWPR2qWR4

http://www.voxeu.org/article/sources-stock-market-fluctuations-new-evidence

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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