Econintersect: Click Read more >> below graphic to see today’s list.
The top of today’s reading list argues that productivity is not the only factor in improving the economy …….. and the last article discusses the real estate implications of rising sea levels.
- Yes, productivity matters – but it is not everything (Samuel Brittan, Financial Times) “There is nothing wrong with the US economy a measure of redistribution would not put right.”
- Why We Can and Must Focus on Preventing Alzheimer’s (David Perlmutter, The Daily Beast) “New research shows that our diet has a significant impact on our neurological health.”
- Comments on New Home Sales (Bill McBride, Calculated Risk) Has the warning shot been fired for a downturn in existing home sales for the rest of the year? See also GEI Analysis.
- Insight – Zombie borrowers haunt China’s shadow banks (Gabriel Wildau, Reuters) “Call it the new China Syndrome: Although Asia’s biggest economy is slowing down markedly, credit continues to surge. Dead-end projects and dying industries are sucking up an ever-larger portion of new credit, while more productive borrowers are starved for funds.”
- What’s up with China? (Alex Eidlin, Institutional Real Estate, Inc, 19 August 2013) Hat tip to Geoffrey Dohrmann. More disconcerting discussion about China, this time regarding a real estate bubble.
- Why French Kids Don’t Have ADHD (Marilyn Wedge, Psychology Today) Hat tip to Roger Erickson. The author addresses only the field of psychology, but the differences between France and the U.S. extend to all nearly all fields of medicine – in the U.S., treat the symptoms; and in France, treat the causes. Part of the problem is the idea pills can fix everything approach produced by strong drug marketing and the rest by doctors maximizing income. One can probably treat 5-10 symptoms while doing the work necessary to determine and treat one cause.
- Slide Climbing: Dix Mountain’s New Lobster Claw Slide (Kevin “Mudcat MacKenzie, Adirondack Almanack) Spectacular new slide on Dix. Read more about Adirondack slides with loads more pictures, videos and a short geology lesson.
Click on picture for marvelous mosaic of slide views.
- The Confidential Memo at the Heart of the Global Financial Crisis (Greg Palast, Vice) Hat tips to Paul M and Roger Erickson. Econintersect has not verified the authenticity of the document described.
- A Proud Nation Ponders How to Halt Its Slow Decline (Steven Erlanger, The New York Times, 24 August 2013) Hat tip to Rob Carter. France struggles to remain a first tier nation.
- The Climate Change Real Estate Boom Is Coming (Neal Ungerleider, Co.EXIST) Hat tip to Dennis Schvejda, Newsana)
Click for larger and wider view.
