My Monday morning reads to start the week:
• Where Is the Larger Bubble, in Stocks or Bonds? (Minyanville)
• Deep thoughts on civilisation from Jeremy “Hari Seldon” Grantham (FT Alphaville)
• Influential economist says Wall Street’s full of ‘crooks’ (New York Post) in related news, the Earth is round.
• The great economic experiment of 2013: Ben Bernanke vs. austerity (Washington Post) see also European Leaders’ Softening on Austerity May Accelerate (Bloomberg)
• Nate Silver: What Big Data can’t predict (Fortune)
• Why the 10-year rate of return outlook expectation doesn’t work well in present volatile market environment (Humble Student of the Markets)
• Simon Johnson: Big Banks’ Tall Tales (Project Syndicate)
• With Home Listings Low, Spec Building Is Back (CNBC)
• The Psychology of Errors (Cook&Bynum) see also Refereeing the Reinhart-Rogoff Debate (Bloomberg)
• Winners of the 2013 Sony World Photography Awards (Atlantic)
What are you reading?
Billionaires Flee Havens as Trillions Pursued Offshore