Best in Economics this week: June 23

Interesting way to split returns in the S&P500
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https://ofdollarsanddata.com/strike-while-the-iron-is-hot-8de0b24dd296

The ECB on inflation
Gk7F3RzXUKUG-n7xp0QJvF-1UShS3NLrR9RHLe7QsRdjWReWExIUc8Dc-REsNs0Sx99cQvTrP0YHJIJtTObAka4dgAC8Bzf35L7SCv2fnsHcERZyrnL2IKRKuO8Hk2yy_60IkXNY
https://www.ecb.europa.eu/pub/pdf/other/ebart201704_01.en.pdf

Inflation: a quaint thing of the past?
ybR7-uzpcwEkXqwIiXTya4ZRzrOsst1jSkTZJwqK5o9skvadpgplMxwlAh7QGr-qDZHBR6Oq4-0ypTCWRQkn8r0Qb-FboIRg27nooiXIbvRudWaZhYFfyLqMAD5_b-9kyYN0U5Kg
http://www.bradford-delong.com/2017/06/must-read-nick-bunker-is-the-fed-being-misguided-by-the-phillips-curve-looking-at-the-prime-age-employment-rate-the.html

The first chapter of the BIS annual report has been published: “Understanding globalisation”
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http://www.bis.org/publ/arpdf/ar2017e6.pdf

An IMF report on Fintech! “Fintech and Financial Services: Initial Considerations”
mynCBiToUf6blCoMBVGEsTiLEzc--BCzUIjYKeYgsDakoPWGTRmqNvAspjnRBYz0OqZWM8nBIQfMuGRS13ypBi8C6z0dXi28kTNy56frLLPKio4AJMbL6SZjJr7z26oYOZ3E9drG
http://www.imf.org/en/Publications/Staff-Discussion-Notes/Issues/2017/06/16/Fintech-and-Financial-Services-Initial-Considerations-44985

Revenue per employee. Oil beats Facebook
A-QYYe5kI4gMDKF_q4ox-kj0c64G8AHWociaSulVuhxmSnmI35Ylo28chLVr9eXGrjg_nJozOiZRtQFd6r-6n_w2St5i1Z9eVrFEZX-SJk1bSBcp7_ANKfVOWdPcrSB3ssAzx7NI
http://ritholtz.com/2017/06/companies-make-revenue-per-employee/

GMO on value versus growth
JKTQq2NA-K1bAgQ70EnZWOF6JH8INc68f8YTOcj1fXcHdPJG2B-V9W7_WVSE_qt9Jws3spxvjck_JRUiJ0wiBMD5XIu_nly7S9zAjMykLUkCS4MHY3r3uw5VfUfNMhFnb4KcaSRb
https://www.gmo.com/docs/default-source/research-and-commentary/strategies/equities/global-equities/whiplash-on-value-growth-and-ignoring-the-fundamentals.pdf

Missed this one earlier, thanks to (http://ritholtz.com/)

tgg6Kmgjvk6nZ6KMQFu4845dSmwzUrw07qrrDrWp2JW3IL7XQ-aoHRmVxeKjxfhBqwwnoH83tMPXeH-4UM8NA_HLQQjj-a062MyuaE1f_6r5b4POcx2tfHX4kc_4hRg0P2mEWV0g

https://www.bloomberg.com/graphics/2017-overseas-profits/

Not sure how reliable this is, but it is interesting nevertheless: how much is made by the gig economy?

1Dcis2hF-wsF4sTn8v6MLJKbI1gytNIzdtxokSh-0I-lbPxIG4lAfiHDPkjsO_IE8CTHdoHswTuALkyNA0yiA4OgkChrHIjuI2-hg55wbrSTh4n8xrEQFa6mUajw_Dt09AWn5qQP

https://priceonomics.com/how-much-are-people-making-from-the-sharing/

A pretty long read on the topic of bitcoin and central banking
nemEg5xMs2Uj25AMc-dDat2zxHsaBTL-I2o2vWKU5WqqljKHa5WQdg5yQ3syElE5U2_55iEuyJKh1J2qPoYJ60GX17_6NSAbKdMfhqDPJ6fY3oEQdHdgQx2Iufe3Q-5IC1ruTSaU
https://promarket.org/blockchain-going-revolutionize-central-banking-monetary-policy/

Interesting…

6VH-MojjIjJ1B12LXj4RRN7AopP5hiZXlRd0gQNF2eBeGtOStcL8jQevGwOlSwdox0SlNWDq1Gap8f7HjScKQaQ6qmyGXd0OUE62oRkuGpYXa2UbZjB2zIVLjV7SJtRGf_s6YNaU

.a0iruA9KXR_JF_4n8FmZ2FmFiTdJgRnYVJ8IVKC0MUeY6xpmKHYiJ2668dpuLC3LGg9cB7q1nHYxvbtYmLr1jIKhq_srqv7ytOE30N1wVwuJBouMZcay4Jd-AYfKb048tKdgTvne

https://www.bloomberg.com/view/articles/2017-06-20/climbing-down-into-airline-hell-year-by-year

The UK Philips curve all the way back to 1500…

h4KhUY9GaA5DNNmfzgJwbRwn1ch4yAxIO1EIU9xiWyfWAM2K8hghuTAfEoHFkk63cO44TsvNFuy4AmcidpcUuA58OcY0tAYqXvOWlIJEQu7jMIXy9wE431iZ4vMIQozFdmG58M45

http://www.bankofengland.co.uk/publications/Documents/speeches/2017/speech984.pdf

From the Economist

co6hJ_JZkIbdIyP3DDQs5eC-XnC9hwVLCOIswn0PstcDpCcsywiZYgNDii15_VZpyzQHESZlnno71Q0eLL3myGVDQgJn7Ja6yOMTZaDb4TX3f9yaGo6C3TCLuZBAv_Y78tCg5Kd7

http://www.economist.com/blogs/graphicdetail/2017/06/daily-chart-16

Interesting observation: “It Seems the Wealth Effect Isn’t As Efficient as It Used To Be”
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http://climateerinvest.blogspot.nl/2017/06/it-seems-wealth-effect-isnt-as.html?m=1

This one comes without a comment…
9Wp59KhkSJOEJ-2ajiK8eZD4_gUgS-khtApCtlOdLNpopKgvC68kw47Nr1mF09yqw8oCibJLD_zIxMh0YvNnEgsXR5lQ4ZckcVrbW5Ir2zD7IZuD5pjJQgjt_dAm3YJP8MhUw7l0
https://www.rferl.org/a/the-mammoth-pirates/27939865.html

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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