Haiku of the Day:

Glass and Steel and Sky / Raging urban crucible / finance ascendent

Quote of the Day:

“Give me the political economist, the sanitary reformer, the engineer; and take your saints and virgins, relics and miracles. The spinning-jenny and the railroad, Cunard’s liners and the electric telegraph, are to me…signs that we are, on some points at least, in harmony with the universe.” –Charles Kingsley, Yeast (1848) ch. 5

Links of the Day:

Annie Lowrey of the NYTimes talks about the Perpetual Bubble Economy and Larry Summer’s Secular Stagnation hypothesis

Joseph Stiglitz discusses the challenges to China’s Economy

A report on the development of Shenzhen’s financial center

Charles Koch Defends Free Society in the Wall Street Journal

Nouriel Roubini on the Changing World Economy

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Aside

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