Interesting Picks

I am managing to keep the Interesting Picks alive for now:). BTW, I am in a really loud place, so apologies in advance for any errors...

Krugman discusses whether fiscal austerity reassures markets.

I had no idea ECRI had gained in popularity while I was away. And here's a couple of paragraphs on its predictive power.

Taleb on 999,000 economists making the world a worse place. He also has something to say on white swans.

Rebalancing is tough to do, at least according to Econbrowser.

Deleveraging going on in full force, at least according to latest US flow of funds data.

What would you think if I told you the Fed was too tight?

I am making drawing mandatory at our family business, hotel management in Southwestern Turkey.

Yet another proposal to reduce liquidity risk.

A really smart way to measure skills mismatch. I wish I had thought of this when I was doing the WB university-industry relations project.

The week in pictures.

One of the themes in tomorrow's Hurriyet column is dealing with Chermany.

Nice summary, although a bit biased, on the case for and against a second dip.