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Project Syndicate

Why are politicians so eager to pin the blame for oil prices on speculators?

Paul Krugman Column

http://topics.nytimes.com/top/opinion/editorialsandoped/oped/columnists/paulkrugman/index.html

INET - The Money View Blog

http://ineteconomics.org/blog/money-view/financial-globalization-and-european-experiment Europe is embarked on a grand experiment, managing modern financial crisis without a dealer of last resort, so refusing to follow the lead of the 2008 Fed.
I’ve been getting the predictable hysterical reactions to today’s column. http://krugman.blogs.nytimes.com/

Paul Krugman

http://www.mpettis.com/2012/02/20/hello-world/

China Financial Markets

Welcome back to China Financial Markets.

Free exchange | The Economist

Mar 26th 2012, 17:43 by R.A. | WASHINGTON http://www.economist.com/blogs/freeexchange

Freakonomics

http://www.freakonomics.com/blog/ Fascinating article in today’s Times , by Anne Barnard : Starting next year, New York will become the first state to require lawyers to perform unpaid work before being licensed to practice, the state’s chief judge announced on Tuesday, describing the rule as a way to help the growing number of people who cannot afford legal services. The approximately 10,000 lawyers who apply to the New York State Bar each year will have to demonstrate that they have performed 50 hours of pro bono work to be admitted, Chief Judge Jonathan Lippman said.
http://www.abc.net.au/unleashed/archive So after more than 10 tortuous years, we finally have an exit strategy for Afghanistan – a firm (well, more or less) date for bringing our troops (well, most of them) home (well, for the moment at least). The revised schedule has been set less by politics than by operational reality.

Drum Opinion

http://ineteconomics.org/blog/china-seminar/foreign-exchange-purchases-burden-chinese-banks

INET - China Economics Seminar

Chinese FX reserves have reached $3.2 trillion. The majority of the FX reserves are accumulated through financial institutions, such as commercial banks, purchases of dollars from corporations and households. As an article in September 26th edition of the South China Morning Post puts it: