Interesting Items 6/27

The Economist Provides a Good Analysis of the Current Status of the Indian Economy

http://www.economist.com/news/finance-and-economics/21580167-despite-tumbling-currency-indias-economy-has-got-more-stable-past-year

Bloomberg Markets Magazine on South Korean Economic Challenges:

http://www.bloomberg.com/news/2013-05-30/park-agenda-challenging-chaebols-rues-korea-slowing-not-missiles.html

Risks Associated with QE Unwinding

http://www.guardian.co.uk/business/2013/jun/23/ben-bernanke-wean-market-off-easy-money

Economist Raghuram Rajan on QE and Central Bankers

http://www.project-syndicate.org/print/the-political-entanglement-of-central-banking-by-raghuram-rajan

Profile of Stanford Economist Susan Athey

http://www.bloomberg.com/news/2013-06-26/stanford-economist-musters-big-data-to-shape-web-future.html

Financial Regulation

MIT Economist Simon Johnson Offers a Blistering Critique of British Approach to Financial Regulation:

http://www.project-syndicate.org/commentary/the-british-financial-regulation-fiasco-by-simon-johnson

Daily Show Classic

Financial Regulation – US vs. Canada

Latest GDP Data

US 2013Q1 GDP Growth Rate Revised Sharply Downward

Third Estimate: 1.8% (Second Estimate was 2.4%).

http://www.bea.gov/newsreleases/national/gdp/2013/pdf/gdp1q13_3rd.pdf

Meanwhile,

The Economist has a great chart on World GDP:

http://www.economist.com/blogs/graphicdetail/2013/06/focus-7

Monetary Policy and the Financial System

Historical Details Regarding the Establishment of ‘The Federal Reserve System’:

http://www.nytimes.com/2013/06/23/business/the-federal-reserves-framers-would-be-shocked.html

Fed’s Recent Communication Strategy

http://dealbook.nytimes.com/2013/06/24/economists-are-asking-did-bernanke-tip-feds-hand/

Chicago Economist John Cochrane Offers Recommendations to Curtail Banking Crises:

http://online.wsj.com/article/SB10001424127887324412604578513143034934554.html

China's SHIBOR Shock

PBOC Attempts to Discipline Chinese Banks

http://www.economist.com/news/finance-and-economics/21579862-chinas-central-bank-allows-cash-crunch-worsen-shibor-shock

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