Commentary on getting very rich, how labour immobility is hurting the American economy, why Germany will be downgraded, the utility of Voluntary Emission Credits, and Canada tries to placate US border worries.

Advice from the very rich on how to get very rich.

Wall Street Journal -- Billionaires Share Their Secrets to Success.
Get-Rich-Quick books are generally useless, as is most advice from the wealthy on how to get wealthy.

Americans can’t move.

The Atlantic -- The Geography of Stuck
A smaller share of Americans moved last year that at any time on record, as I noted in a previous post. Nearly six in ten Americans live in the state where they were born, according to the U.S. Census bureau.

Nein bitte!

Telegraph -- Why a German downgrade is the next logical step in the euro crisis
If someone suddenly says "Grunderkrach" to you today in an animated state, they're not hurling abuse with an obscure Germanism, no matter what it might sound like.

Capital markets are seizing up.

Financial Times -- A market less efficient
Drop in listings fuels concerns that exchanges are ceasing to channel capital.

A small step.

Project Syndicate – New Hope on Global Warming
In 1997, the United Nations Framework Convention on Climate Change (UNFCCC) adopted the Kyoto Protocol – an agreement among signatory states to reduce greenhouse-gas emissions.

Bending over.

Globe and Mail -- Border deal a hard barrier for Harper’s critics to cross
The new Canada-U.S. border agreement will be unveiled at the White House by Barack Obama and Stephen Harper in early December.