Best of the Web: 17-10-10 nr 1750

Good morning. A classic for sure

https://mainlymacro.blogspot.nl/2017/10/the-obr-productivity-and-policy-failures.html

And talking about classics…
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http://www.businessinsider.com/amazon-effect-inflation-deflation-2017-10

So who is surprised here: it is a the-winner-takes-all-society, right?
2w0ifpe-JF7uNR3PMPRtzjedjVZw2I2sajEFLZcDIc3RQZF4M0D6LYEieaNR2Yfg6j9VrBjOew8rbZA1peuHMHTxe8z3IedaysUxWa2EKcH3SLQbc0yJ_R6EIn1lvOnill5mVYqS

http://ritholtz.com/2017/10/10-weekend-reads-14/

A bit of homework done by the IMF (the full outlook will be presented today)
3c3Z7bzZqTnwJgWXEw4GDhWErTm1WFjrseY-Fq-rXnJ6UILVsxFUwbh2kj3CazoIaoPcpYH57ksQo47VO9xjVM0Nrm7oopCTFsahN5XRjkf_xlTNZprgnBUuz6WZsfP4xtEtf-Wl
http://www.imf.org/en/Publications/WEO/Issues/2017/09/19/world-economic-outlook-october-2017

US companies are ‘spending’ more money than they earn
GxPB2PxvTIJkfg1_U11PW_5Vwle7D3paQNnM22Tq4jDLYUCrGminTCQwhwWnXuZCca7BXGPnzKfTfu-CLZSxHC-HAuXw91FjKSLA9UF0BkNz1a1l48wyqtH1G39K6PnjTsoO7_Od
https://www.nakedcapitalism.com/2017/10/200pm-water-cooler-1092017.html

Central Clearing Parties: as good as they are going to be
jewc1sb6SdL5vDPukf8G12eu0EQCxzyAZ88Hllv78kvGKWvplsEtRbgGO-Do9q6XuujXlYLJz8OM422H7o0d-7GoZChectMZ26yyWTKvKcY6MFj4KV2BLqrbjC18pWpaW41QiUNp
https://www.moneyandbanking.com/commentary/2017/10/8/resolution-regimes-for-central-clearing-parties

The question that keeps resurfacing: “Why Aren’t Wages Rising Faster Now That Unemployment Is Lower?”
IqMYfQ-c2TsXVs7OFh4Q2XgjMOoRe7-aoNrEibSuI4l2HM1eKfSrOESRlqC4i8InZOWdFjdufqOS8r0r87rpyN90q5J2fCa0AhGsLCf3HZLrURzXJ8gS10OVIrUQEcJPBmDyI8cN
https://www.nytimes.com/interactive/2017/10/07/business/wages-versus-unemployment.html

“Is the “globalisation –> disinflation” thesis bunk?”
M7ZeByIoj3WqTJ_NwjjwiZpLpbH-n7VzaYwT-ti9Cem5RjEEkRnf8mBch8eJQQ0Iw0i5DW1XurAK0DotWLUonyKbrDzwl9iU49dEXymuhHix4h8UOZaWe6Gq8qbDbkdGls6E6L_Q
https://ftalphaville.ft.com/2017/10/06/2194537/is-the-globalisation-disinflation-thesis-bunk/

And the IMF’s country report on Spain
gr9Yip09AQOYNqPDSmT5YWJ7iChVGAzgNHhOBWLA3renHRJF9oQDx4BeUKTQ5OpsfYoKKgmyDXT0iM00i5EYH4hL5sdS2npLAis594fNcPlxv3iaoegVUSz43boNVLQk-YVsGlFK
http://www.imf.org/en/Publications/CR/Issues/2017/10/06/Spain-Selected-Issues-45320

 

A complete overview of all previous editions of Best of the Web can be found here http://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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