From Datastream:

This week’s two-pronged Chart of the Week may offer more food for debate and thought than it does clear answers. Given the number of variables that affect the U.S. economy, and the fact that today’s economy is a vastly different animal than that of the 1970s, 1980s or even 1990s (given the changes wrought by technology and globalization), the data may prove an interesting jumping off point for prognosticators interested in discussing what happens next, especially in light of the U.S. jobs market report for October, scheduled for release at the end of this week. It may end up proving to be the case, as Reuters BreakingViews suggested in this analysis, that these data points shape the election’s outcome, rather than any views of the lessons of history.

Technical Analysis

In a recent paper, Pierre Bajgrowicz and Olivier Scaillet question the profitability of technical analysis based trading strategies. I think it's an amazing paper.

Transcript of 1944 Bretton Woods Meeting

http://www.nytimes.com/2012/10/26/business/transcript-of-1944-bretton-woods-meeting-found-at-treasury.html

Available at: Center for Financial Stability

Binghamton University

Financial Crises and Recoveries

In a recent opinion column, Michael Bordo explains that financial crises in the U.S. have not necessarily been followed by weak recoveries. I like the evidence they present.

http://online.wsj.com/article/SB10000872396390444506004577613122591922992.html

Michael Bordo: Financial Recessions Don't Lead to Weak Recoveries

The evidence since 1880 shows a faster pace of recovery. The Obama years are the exception.

 

 Follow the discussion at: http://gregmankiw.blogspot.com/2012/10/john-taylor-versus-paul-krugman.html

On writing

"Any one who wishes to become a good writer should endeavour, before he allows himself to be tempted by the more showy qualities, to be direct, simple, brief, vigorous, and lucid." H.W. Fowler

Nobel Prize in Economics 2012

Well, the day finally came. Scroll down to Advanced Information and read about the work of the new Nobel Laureates  at http://www.nobelprize.org/nobel_prizes/economics/laureates/2012/advanced.html

To read from Alvin Roth, visit his blog at: http://marketdesigner.blogspot.com
Here is a primer on matching theory: http://marginalrevolution.com/marginalrevolution/2012/10/noble-matching.html