Links 6/29/19

Cops bust man who kept ‘attack squirrel’ hopped up on meth NY Post All-time June Heat Records Fall in 5 European Nations Weather Underground California was warned about climate change 30 years ago. Now it’s…

Eastern Europe’s adjustment tale

Today, EU11 economies1 are among the most open economies globally (Figure 1). Their degree of trade openness has increased and the nature of their trade flows has changed rapidly in this millennium in large part because…

Are Economists Blocking Progress on Climate Change?

By Servaas Storm, Senior Lecturer of Economics, Delft University of Technology. Originally published at the Institute for New Economic Thinking website Dutch economist Servaas Storm, co- author of a widely-read 2018 study on climate change,…

How Italy Could Save the Euro

Yves here. A wee problem is that Eurocrats overwhelmingly are of the view that there’s nothing wrong with austerity; the problem is that countries don’t practice it diligently enough. It’s striking to see how long…

The Inverted Yield Curve

Yves here. As the old saying goes, “The yield curve predicted nine of the last five recessions.” By Inês Gonçalves Raposo, an Affiliate Fellow at Bruegel who previously worked for the Financial Stability Department of…

Book Review: Chris Arnade’s “Dignity”

“When the Pharisees saw this, they asked his disciples, ‘Why does your teacher eat with tax collectors and sinners?'” —Matt 9:11 By Lambert Strether of Corrente Those who have followed Chris Arnade on Twitter or…