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Links 1 through 10 of 60 by Nik Silver tagged economics

"Much digital news consumption is moving to mobile devices. But the money isn’t yet following. UK publishers say slow-coach ad agencies still wedded to desktop web ads are at fault."

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"Leading economists who formerly backed Osborne urge him to change course."

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"...in early 2010 austerity economics — the insistence that governments should slash spending even in the face of high unemployment — became all the rage in European capitals. [...] Now the results are in — and they’re exactly what three generations’ worth of economic analysis and all the lessons of history should have told you would happen. The confidence fairy has failed to show up"

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"Not long ago, Apple boasted that its products were made in America. Today, few are. Almost all of the 70 million iPhones, 30 million iPads and 59 million other products Apple sold last year were manufactured overseas. Why can’t that work come home? Mr. Obama asked. Mr. Jobs’s reply was unambiguous. “Those jobs aren’t coming back,” he said"

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Great Q&A-style piece on the folly of the government's mortgage support plan.

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Maybe the current crisis, isn't a crisis, says Anand Giridharadas. Maybe it's a shift of paradigms, from which some differently-motivated people will subsequently flourish.

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"The New York Times's Thomas Friedman was wrong to suggest we put our faith in new technology companies" Good points by John Naughton (and Samuel Johnson, and Andy Grove, and Jimmy Hoffa).

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"Algorithmic trading, including high frequency trading (HFT), is rapidly replacing human decision making, according to a government panel which warned that the right regulations need to be introduced to protect stock markets."

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A scathing critique of the recent noise to abolish the 50p tax rate for people earning over £150,000pa... "And oh dear, there really is a big error in the claim made: to suggest that talent and remuneration is correlated is, shall we say, just a little bit of an error?"

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A capitalist has a revelation... "In case you've been on Mars (or even just on vacation), here's a surprising idea that's been making the rounds lately: there might have been something to Marx's critiques of capitalism after all."

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