Econintersect: Click Read more >> below graphic to see today’s list.
The top of today’s reading list has an article from down under discussing the contentious variance in opinions about whether the economy there is headed for rougher times …….. and the last two articles put some perspective on just how healthy the U.S. housing market is.
- Spoiled young economists flail! (Houses and Holes, Macro Business) There is discontent in Oz.
- The Obamacare Shock (Paul Krugman, The New York Times)
- Boards on Their Backs (Simon Johnson, Project Syndicate) A discussion about dysfunctional corporate boards.
- New York City and the U.S. East Coast Must Take Drastic Actions to Prevent Ocean Flooding [Preview] (Mark Fischetti, Scientific American) Sea levels projected to rise by five feet by 2100. Compare this with next article.
- Multi-scale dynamical analysis (MSDA) of sea level records versus PDO, AMO, and NAO indexes (Nicola Scafetta, arxiv.org, 23 April 2013) Hat tip to Sig Silber. This author projects sea levels to rise 10 inches by 2100 (entirely from natural oscillations in the climate system). Compare to article immediately above.
- Our Pick for Emerging-Markets Small-Cap Exposure (Patricia Oey, Morningstar Advisor)
- Where Does Identity Come From? (Jason Castro, Scientific American) Relates to question of how much wilderness we need from 27 May reading list. Read that one here.
- Don’t Let Elderly Die Without Paying Their Bills: Kotlikoff (Gil Weinreich, AdvisorOne)
- Real House Prices, Price-to-Rent Ratio, City Prices relative to 2000 (Bill McBride, Calculated Risk)
- America’s healthily idiosyncratic housing market (Felix Salmon, Reuters)