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Links: 2009-01-05

A number of the following posts are fairly controversial and I present them not so much because I agree, but rather because the ideas presented or the news is worthy of your attention. I highly recommend the Willem Buiter piece at the end. I will address it in greater detail at a later date.

Regulators probed Madoff eight times over 16 years: report – Reuters

Franken to be declared Senate victor in Minnesota – Reuters

Denmark’s resilient mortgage market: A slice of Danish – Economist

Re-training America’s workers: The people puzzle – Economist

Jared Diamond: Why Societies Collapse – Barry Ritholtz

Bad — and Good – News for China Power Utilities – Barrons

Unemployment insurance: A safety net in need of repair

Central banks and financial crises: Lessons from recent Latin American history

Rethinking urbanisation – VoxEU

Economists behaving badlyPaul Krugman

China Drills in East China Sea, Breaching Gas Pact, Sankei Says – Bloomberg

China’s demise much exaggerated – Telegraph

Can the US economy afford a Keynesian stimulus?Willem Buiter

About 

Edward Harrison is the founder of Credit Writedowns and a former career diplomat, investment banker and technology executive with over twenty years of business experience. He is also a regular economic and financial commentator on BBC World News, CNBC Television, Business News Network, CBC, Fox Television and RT Television. He speaks six languages and reads another five, skills he uses to provide a more global perspective. Edward holds an MBA in Finance from Columbia University and a BA in Economics from Dartmouth College. Edward also writes a premium financial newsletter. Sign up here for a free trial.