Best in Economics this week: June 1

And here we are talking about Italy and Greece…
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https://www.nytimes.com/2018/05/24/opinion/heartland-wage-subsidy-rust-belt.html

A classic

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https://www.nakedcapitalism.com/2018/05/nirps-revenge-italian-bonds-plunge-worst-day-decades.html

How different age cohorts experienced quite different wealth effects

A4TeVM85iHJ3yWrg6I-PnjxcGo3z8MIwWtq1kVp_f9_oZoP9-MtkA-YIIRH-iT8Yepyedl-FauV2jo3K0lx4-5jJiUI6zGVBV6UipeaVCCcBuyXwIRVW1rhRRrk5Ynz6aeCZcpHg

http://ritholtz.com/2018/05/demographics-wealth-2/

This one might come in handy at times…

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https://twitter.com/simongerman600/status/999605959386386432

Interesting chart, but I wonder how much this is a currency effect that we are looking at
Bq4y6Qi2eivgobcW-WFOSXwpIRWhKbsRiRqmm_8ZbDtBtVvwJsecGvGbDytGisLjlGVIllW8a36mP3qbH_z6XD4RayDUkmnYzkDrRx-FLo24nDsf8N2sYZXRI64Po4P1mmtinfNH
https://www.bloomberg.com/view/articles/2018-05-25/ritholtz-s-reads-creating-social-value-and-taking-down-unicorns

Read all about it! The IMF on the Dutch economy
2Ymb1WESXPMrrvTs3XerBJQW0VSALV9_-3_z1-llmVwzHmDHpOKOdxzaBhWvony45pU8pqa7ybVekZnXyFvhOLNAMDxC9I9ftpcPKjQ_zvlK8aKq-DnrYb8MPQmK8oz-IGL3NbHn
https://lukasdaalder.com/2018/05/29/best-of-the-web-18-05-29-nr-1891/

Another bit of pushback on the whole factor investing

111Wo_MFl0a_8PrCAVpSH_oM6Zx3Zz_yoFAjNrrrc5cBuGQJXaN47dKhcmV8ETXhrkF4rM_ithRgDdl25Yt8pi8V9tm5pUNtJFfMISG7sVH88bPb9-lj1DTBQ5Z1_Us7OSxC5VwW

https://www.bloomberg.com/view/articles/2018-05-07/smart-beta-can-obscure-the-big-investing-picture

Very cool animated representation of pay inequality

pf1WGwd07t7Q1YtWqdo-wVUwEMP9-ufe4IBggGwI1q5eMmc8Y4EFueB9EQyjHX4c9BAKhNt0AcGOSjyNRnZjVG6Ftj7N8wtA_4-4Akzk31Zw3X9qKhdVEFQqxRUS--L6smzTuyFi

https://www.economist.com/graphic-detail/2018/05/29/american-firms-reveal-the-gulf-between-bosses-and-workers-pay

Manufacturing employment has declined, worldwide
DiI3CNwqJ3HILp5vyhQau9JD_nXlKcZMJ2ewqQNNmRzjHrkIeGCRaB1SysTervJnLjnLAHK0NxzXc1AGOFChxHBARQAP2NAxC7cQ4cqRABdbDRf73tB71fFZRWxf8yjsrb1q-giU
https://voxeu.org/article/declining-share-manufacturing-jobs

1994: eat your heart out…
kLr50XFxbbMOeScVdbuwLQrdrHeWmr-KEEjW4hQM8CuNoQksjV3Z3dv6sVcJAhuHcjls26LvCcmDcbyecGAmc3T6HZwt7bBdvXe98owATpwFvIdh1lMzEeXXO7wB1B5jzDl_MxMI
http://www.businessinsider.com/markets-show-its-late-cycle-bank-of-america-trade-recommendations-2018-5

A pretty shocking gif on the rising tide of suicides in the US

IzVcz1Z9j_7DKuwJDyTGbr4jDZGzLCn8egEoBEm0izJEp29xUJk6FztQvzL2_tWU-oMHYh7le3nJX3xLOCphw66Mute8OXC0Fuoaaf4nvC2IQArhlqrsPPiHna5Oavjp97qARieV

https://www.washingtonpost.com/news/wonk/wp/2018/05/24/mapping-the-rising-tide-of-suicide-deaths-across-the-united-states/

The OECD takes a crack at predicting next year’s growth

1eKShDp_OTZ0oF4855bQMlEo2Jj2SGWx4h3Ot5gkSCbvVumUQPf9vDQh5iGRWzwNI9tfo_6dEVod4dYgdEawucqwRL-PMMimLBiMTb4-hWx3Og5avypdTcka2kxqjbLS2-Qx2BQr

http://www.oecd.org/eco/outlook/economic-outlook/

The FT on the inclusion of 5% of China A-shares in the MSCI Emerging Markets

XSsmzZI7jUdL1viUPaw9-jd7uDhXh1XfnFnnGDQxstX98z3fpx2Wr-3qurblakM2rjxiPQRJApybGHHCChh7rKfcgApJG32SieraeLbZcTsrmz-FG2QA46Z1EJIL_ZaP1iD75pdY

https://www.ft.com/content/dfd76554-63fa-11e8-a39d-4df188287fff

Another warning signal: mergers and acquisitions are rising sharply
hDPpXUBIjlv_E_JKbHC_tcijCRw29lDldOS_6pfgULYD8bWC54Gvf069zIacsZNvHgNrs6bM37qfrMTSXIp9uGoYgAR52k4veS_2-yFDA3P1AC4IrHkdN62gmuy7ZBjRgA0Rj3QO
http://www.businessinsider.com/next-stock-market-crash-merger-deals-on-record-pace-wall-street-commentary-2018-5

Some mesmerizing pictures from the Hawaii volcano
EBjOV6hcT5zeGliRtvoAk0BdKuLxfnpdkuQ6uaTvkVg1KWK___Q5RHWNt5s-x9QywImOq_mVtOCHdhGyUBOJzkg-To_TvquuSx9fHr2zwYrjZ9uNwE38uxQmDEYXDLRa4CuCqaNb
https://www.bostonglobe.com/news/bigpicture/2018/05/21/eruption-hawaii-kilauea-volcano/rBCkBHoRGTM8l3RaWUITfJ/story.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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