Best in Economics this week: May 20

Pension underfunding by US state…

u5glFTgQ9nr9Mf-R9E_fGH283l65bQgvd0zmlLycgTWwZGkWHUiZjHjuj7JDUzLUCMykaFeTQ8e8C0JpTkW_dqDiseQV_9YMqylA7BkCybpAbdcxx5Bll4lh_AMnAJmxQbAUwKiV
http://www.focus262.com/blog/2016/05/the-high-cost-of-high-expected-returns/

Nice chart on oil disruptions
sptgFRf6k7LvJIDYnhTP0OUC6Lg9ZfqglDJVtLqyj_2y8UGi6ONBEdTdD4CQlBXKYoAbP2mLxX6XstjgNLDq1wWTRoDWJTTiDQBZQaB-CE1nc76KknREUCp8AnVW-a0iN2ht3cLl
http://uk.businessinsider.com/goldman-sachs-chart-on-supply-disruptions-in-the-oil-industry-2016-5

Peak trade
gJ13EdHT9JN9SXGMzs0NdGV6KNDcRjwrSLbZVOEq2MbwQ3om73bdd1-WrDUvCby_Z8CScSm9BdXi9y4pXnOQhfY9zNzBiHYpup0FBsbVvj6WEEcmGZiE2H36GMXd9mI_foOdP52M
https://www.richmondfed.org/publications/research/econ_focus/2015/q4/feature2

Peak people.
IhYt-2cOnVHlcRtpU27UsEwbRM-iVyJ_0bIWN3Jv-HgBHyW2YUrfWVMizwxn3KqeG04ehgN0h5pDR_oEqXBf8oRNLbOaLZntTH013DSfqK9VsX3ejwvXshoa6Zoj89UFEe2M0XHC
http://uk.businessinsider.com/demographics-shift-first-time-in-human-history-2016-5

A recession? Depends on the definition…
yNXbT7Sj3heW7bKGHlRtfP11xQrn02DQFaH2Uo-T7JG8v1_hiqLI_ztG50cZU4o7tJQtndyWh6qFCA0W8IMxKX71D24ZWI7qoNwLLaerKiaX_abFDNRPBFfcDw1-5XgF2tQxe-EH
http://uk.businessinsider.com/morgan-stanley-note-on-political-risks-and-global-economic-impacts-2016-5

Cool chart to show the main export products in the Middle-East/Russian region
ON9C_7UxNFFl3YSCOVwr7T7dCDx41X23eh9VtjYs6IhN7pwfiBXwOLkLojCUW12NgdBchl3ESFS8J5XeQCTQHYwZHpFCjTMyEpwwpXi4NNJ8zzL9FohEkTvcFO3NN7JrnoS4i-4W
http://ritholtz.com/2016/05/map-middle-east/

A bit of perspective on sovereign debt default
VCTjkfvutlohKhi_HWFSXhzFqFudgvuugmA9ftrj-mgSewYhi6hf9z7-QzOnHktVBy16vrBSXdqYQ4dKk2_LXV-gj4Oy6pvklL4CCzZTgXslbvR9G0MIt0Vuvs1rUCSzob4O5nSj
http://uk.businessinsider.com/wave-of-sovereign-defaults-coming-oil-prices-2016-5

Nice photo’s, interesting read
YYIofMWEYqbtpKh5ziMUg9113ImojITPXTlUXgKoJh-y7ZrXkCHYU6KpbHL0iLTvRobLzMKZgEZ2qPb9k5D_2GzRcosCjt4ts85LMr5WCeWORGoXsdUoo4KLLW7i8ye3CBWdzuLM
http://www.nytimes.com/2016/05/15/upshot/what-was-the-greatest-era-for-american-innovation-a-brief-guided-tour.html

High wage always appears to be expanding the most….

IQ226kth9cTJNg1AXIA4vTkLbSEgPSJ50eXKWpOyxIqS4ddx_nFHQscamSyBJiL5M2onHZRUL14yLj4Kur8xEgZGaHcUWqnerNoLEzMSx0SIfw21MEfJys3UV7xSbe3O-f-yhFee

http://economistsview.typepad.com/economistsview/2016/05/wage-growth-by-type-of-job.html

And here is another one on that theme

Se19OAoLjm_sFYLekG4twzpLPKurP-09wzHi7wMpCPVNNT5nr1WnClZ8YRnTppBm2r8uKVOinv_xWPwBg2DtYWfHNmiH1R3-472HVoMTm9QJ7gJHw27UYsyCzSSFU4iXjl5-Sc_n

http://www.bradford-delong.com/2016/05/must-read-justin-wolfers-growth-in-real-average-income-for-the-bottom-90-percenthttpstwittercomjustinwolfersst.html

Cool chart looking at world trade over the past 500 years
zwpMTsoZhKeRbxw4ccgQxeC2cuqG051MUGoNErTRvdhUZGsZitO1-QLvfg2pMg7OwpDClbE0czL_rJvhmcLI5Vk1GDTPFnCkeOv-2CJQpYQUI74QZsCu4zQlq_Zn0LrEHqA-F88I
https://www.weforum.org/agenda/2016/05/this-is-what-500-years-of-globalization-looks-like

The Atlanta Fed rubbing it in…
ne4b8kZsQQf2lkE5yRX4c7OSs-KqG-WCavFfp-cdM_lvYYl40jQAKkApDwOmdX0-aIgHdkBnyOOO7unIhMcaVDtWbmvePViW7hBDz6wV3PqYWaab9vTufG-O99Z8a6jgGndq9sYI
http://macroblog.typepad.com/macroblog/2016/05/gdpnow-and-then.html

Still waiting for the pop…
hrQzRW1M5TdtdoDXGqhZP0TvnN4YlF-8-mzEzGK0eMkYlJPXl8X1EjHWZud8m_F2m9y6BvKxKfvVBeHT-aYAXZ9o0cPWLlAf-j7RuRdDLFtx4Fm7o_UKg3QtQgkf23fUMyTC0GH-
http://uk.businessinsider.com/latest-ons-house-price-data-for-the-uk-2016-5

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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