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It’s different this time If fiscal and monetary policy is supposed to be the last defence against market worries,  then it’s not ideal when the market’s biggest worries are inspired by fiscal and monetary policy. Ben Wright, Telegraph 18 Feb 2016   The Koch Brothers Dark Money: The Hidden History of the Billionaires Behind the Rise of the Radical Right http://www.nybooks.com/articles/2016/03/10/koch-brothers-new-brand/

How to fix the Eurozone:  Views of leading economists, VOX http://www.voxeu.org/article/new-voxeu-ebook-how-fix-eurozone EU Summit Europe’s standard operating procedure for dealing with difficult problems — to delay action — won’t work this time around either.  The clock has run down. The refugees won’t wait. Nor will the Brits. http://www.politico.eu/article/can-europe-be-saved-at-eu-summit-agenda-brexit-cameron-merkel/ Merkel After a decade at the helm of Europe’s dominant country, the chancellor best known for weighing her actions and words is getting testy as she struggles to win allies to help ease the refugee burden on Germany and ensure her own political survival.  The upshot is she’s rarely looked so lonely as she returns to Brussels for a European Union summit Thursday. http://www.bloomberg.com/news/articles/2016-02-17/merkel-temper-frays-as-eu-migrant-impasse-forces-hunt-for-allies Economics 101 Without theory, data is very hard to interp...

Martin Wolf Banks are still the weak links in the economic chain Why have the prices of bank shares fallen so sharply? http://www.ft.com/cms/s/0/a97efd1e-d34c-11e5-829b-8564e7528e54.html#ixzz40Pgftmnu Central banks face credibility test John Plender http://www.ft.com/cms/s/0/9441dcb2-d470-11e5-829b-8564e7528e54.html#ixzz40PhN0tzH What Have We Learned Since 2008? Krugman http://mobile.nytimes.com/blogs/krugman/2016/02/14/what-have-we-learned-since-2008/?smid=tw-nytimeskrugman&smtyp=cur&referer=https://t.co/2UrnU8Ggk3 Minusränta är knappast det lämpligaste sättet att möta globalisering och ny teknik. Inte heller hjälper den särskilt mycket mot oljeprisfall och global finansoro. Johan Schück http://www.dn.se/ekonomi/johan-schuck-faran-for-en-kommande-urladdning-okar/ Yup, negative rates were a really bad idea Isabella Kaminska http://ftalphaville.ft.com/2016/02/17/2153487/yup-negative-rates-were-a-really-bad-idea/...