Econintersect: Click Read more >> below graphic to see today’s list.
The top of today’s reading list reports on the Swedish model for economic recovery from a financial crisis …….. and the last article reveals an indicator that predicted each of the last 13 recessions clearly in advance, but also gave the same signal 9 times when no recession followed.
- The Swedish model for economic recovery (C. Fred Bergsten, The Washington Post)
- Does The Entrepreneurial State Need a Return on Investment? (Dan Kervick, New Economic Perspectives) Dan Kervick contributes to Global Economic Intersection.
- Location, location, location (The Economist) Click chart for interctive graphic at The Economist.
- Why is Sydney University on strike? Because students are not our ‘clients’ (Nick Riemer, The Guardian)
“The ongoing commodification of higher education is just one facet of the disastrous hijacking of universities by corporate ideology.”
- Report: Singles Make Up Quarter of All Buyers (Daily Real Estate News, Realtor Mag) Read also GEI News.
- What the intelligence on Syria shows, in one graphic (Sean Sullivan, The Washington Post)
Click on graphic for larger image at The Washington Post.
- Code Blue (The Economist)
“Time was it took a war to close a financial exchange. Now all it needs is a glitch in technology.”
- India’s parliament passes cheap food law for 800 million people (Pedro de la Costa, Reuters)
India’s upper house of parliament on Monday approved a $20 billion scheme to distribute subsidized wheat and rice to 800 million people, backing an anti-malnutrition drive that investors fear will mean missing the fiscal deficit target.
- China to lead worldwide online retail boom (Reuters, Technology Spectator)
“China’s e-commerce market is expected to leapfrog that of the United States this year to become the world’s largest by total customer spending, management consultancy firm Bain & Company says.”
- “Sentimentals” Versus Fundamentals (Tyler Durden, Zero Hedge) This “great” indicator has predicted 22 of the last 13 recessions.
