Economic (and financial crisis) links

Oct 23, 2008 06:43

UK study finds that having and raising children is the main reason for male-female pay disparity.

Best letter from a (former) hedge fund manager ever.

Back in July 2007, historian Niall Ferguson gave a strikingly prescient lecture. Thoughtful analysis of how the credit crisis arose.

How the British response was better than the American to the credit crisis.

Housing prices in Britain are falling at record rates. Via tcpip. About just how large the mortgage mess is in the US. Evidence suggests that fear of losing homes helped drive Federal Labor’s election win. Useful piece on the regulatory differences between the US and Oz.

About the lack of financial de-regulation in the US. About the failure to regulate derivatives. Freddie Mac and Fannie Mae’s campaign to kill a 2005 Republican-sponsored bill to regulate the mortgage market.

US national debt is now over $US10trillion. Via tcpip. Which is a lot of debt, but it is a very big economy. Countries such as Japan and Italy have much higher public debts as a proportion of GDP. Moreover, the US economy as a whole is doing quite well. Via qamar.

PM Rudd wants to make a big issue about payment of bank executives.

gender, credit crisis, economics, links, labour economics, policy

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