Econintersect: Click Read more >> below graphic to see today’s list.
The top of today’s reading list reports on the reemergence of the financially crippled Chinese solar energy industry …….. and the last article presents a sobering picture of what a repeat of past stock market cycles would do to today’s markets.
- Chinese Zombies Emerging After Years of Solar Subsidies (Feifei Shen, Bloomberg News)
- Welcome to the Age of Denial (Adam Frank, The New York Times) The rise of belief and the decline of logic.
- The Theory of the Leisure Class (Thorstein Veblen, 899 book, Penn State Library) Hat tip to Stephanie Kelton. Bookmark this classic for your Kindle.
- Why Oh Why Can’t We Have Better Press Corps Stooges? (Dan Kervick, New Economic Perspectives) Dan Kervick contributes to Global Economic Intersection. More commentary on the “Summers campaign”.
- Balance Sheet Recession About Over (The Bonddad Blog)
- The Wonderbrewer from Nowheresville (Kevin Koczwara, Narratively Elsewhere) A story from the edge of the Northeast Kingdom of Vermont where this managing editor grew up in his grammar school years. The subject of this story has character unchanged from the taciturn Vermonters of that area in the mid twentieth century.
- The Man Who Resisted ‘Blackboard Economics’ (David R. Henderson, The Wall Street Journal) See also GEI News.
- Want to Reduce Polarization? You Need to Improve Political Journalism (Seth Masket, Pacific Standard) Hat tip to Ben Peterson, Newsana.
- CHART OF THE DAY: Global Economic Growth Has Hit A Two-And-A-Half Year High (Sam Ro, Business Insider)
- Regression to Trend: A Perspective on Long-Term Market Performance (Doug Short, Advisor Perspectives dshort.com) Doug Short contributes to Global Economic Intersection.
