Interesting Items - 5/21

The High Cost of Doing Business in Europe

An excellent piece in today’s WSJ highlights the difficulties companies face in Europe due to labor market rigidities

http://online.wsj.com/article/SB10001424127887324767004578488861272475972.html

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NYTIMES on Abenomics

http://www.nytimes.com/2013/05/21/world/asia/hope-in-japan-that-abenomics-may-be-turning-things-around.html

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Linking Greece to Argentina (circa 2001-02) is a flawed comparison:

http://www.guardian.co.uk/commentisfree/2013/may/21/argentina-not-eurozone-cautionary-tale

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Shipping Containers – The Drivers of Globalization

http://www.economist.com/news/finance-and-economics/21578041-containers-have-been-more-important-globalisation-freer-trade-humble

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Buchanan vs. Krugman

http://www.washingtonpost.com/opinions/charles-lane-austerity-and-keynes-can-coexist/2013/05/20/f32f846a-c17a-11e2-8bd8-2788030e6b44_story.html

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JAMES SUROWIECKI of the New Yorker on the stock market bubble debate

http://www.newyorker.com/talk/financial/2013/05/27/130527ta_talk_surowiecki

Recent Equity & Bond Market Developments