FURTHER FURTHER READING
- Studies on African economies from Wiley, free through December 31 (HT Diane Coyle).
- Matt Klein and Matt Levine on US CDS.
- A new book on economic natural experiments by John List and Uri Gneezy.
- Panel hosted by Mercatus on why there is no modern-day Milton Friedman (or is there?).
- Should we be panicking about deflation?
- Martin Wolf: Osborne has now been proved wrong on austerity.
FT ROUND-UP
Dimon at DoJ for $11bn JPMorgan settlement talks over mortgage securities: "JPMorgan Chase chief executive Jamie Dimon met US attorney general Eric Holder at the Department of Justice in Washington on Thursday, as the US bank looks to settle claims relating to mispackaged mortgage securities for $11bn." (Financial Times)
India urged to allow greater foreign access to bond markets: "India should introduce a wholesale liberalisation of rules restricting foreign investors from participating in domestic bond markets, according to a report produced by the country's main financial markets regulator." (Financial Times)
Obama and Republicans remain poles apart as twin crises loom: "Days from the first deadline in a series of cascading budget crises, President Barack Obama and his Republican opponents remain far apart on resolving their latest stand-off over the reach of government, symbolised by his health reforms." (Financial Times)
BlackBerry suffers as banks switch handsets: "Wall Street investment banks and other financial services groups are reducing their reliance on BlackBerry, underscoring the Canadian smartphone company's challenge as it plans to abandon the consumer market to focus on its core business customers." (Financial Times)