Holiday Season Links

via macrobusiness.com.au

Global/Macro/Markets

• Diogenes never met Joe Weisenthal - The Money Illusion
• The World Economy’s Shifting Challenges by George Soros – Project Syndicate
• Michael Sandel: The Moral Limits of Markets – Naked Cap
• 2014 Predictions from Some of the Smartest Market Watchers – Yahoo
• IMF paper warns of ‘savings tax’ and mass write-offs as West’s debt hits 200-year high – Ambrose
• “The Biggest Redistribution Of Wealth From The Middle Class And Poor To The Rich Ever” Explained… – ZH
Australia & New Zealand

• Reckless travellers could be charged – SMH , TheOz
• NSW govt extends $7000 relocation grant to renters -AFR
• Criminals are driving alcohol policy: AHA – TheOz
• Household wealth hits new record – AFR
• Federal spending falls 6 per cent: Finance – AFR
• Offshore buyers push commercial sales to record - AFR
Europe

• Spain’s Rajoy: ’2014 will be a better year’ - EuroNews
• The gates are open – The Economist
• Merkel Clashes with EU Commission – Speigel
Asia

• International Investors Flock to Tehran – Der Spiegel
• Murdoch retreats from China – SMH
• Japan and its neighbours: A Slap in the face – The Economist
Americas

• Speech–Bernanke, The Federal Reserve: Looking Back, Looking Forward–January 3, 2014 – The Fed
• Why SAC Capital’s Steven Cohen Isn’t in Jail - Bloomberg
• Atthur Laffer: I Was Wrong About The Fed And Inflation - BI , Krugman
  
• Producers Panic as Ethanol Mandate Loses Support – OilPrice
• Half Of Americans Think Our Democracy Needs ‘A Lot Of Changes’ Or A Complete Overhaul – Huffington Post
• Colorado cannabis customers swarm - BBC
• Manhattan apartment sales hit high -FT
• American Consumers in 2013 Most Upbeat Since Before Recession – Bloomberg
• U.S. Light Vehicle Sales decrease to 15.5 million annual rate in December, Annual Sales up 7.5% – Calculated Risk
Other/Interesting

• Business Insider Turned Down $100M-Plus Buyout Offer: Source - Fox
• Sneak-Peek: Top 5 Sky Events of 2014 – Nat Geo
• Viewpoint: Human evolution, from tree to braid – BBC
• Developing world obesity quadruples – BBC
• Code-cracking NSA quantum computer is goal – Washington Post
• Testosterone Makes Birds Louder But Less Attractive. So What About Humans? - Forbes
• The Specialization Myth – Project Syndicate