Smart Links 11 May 2012
Commentary on marriage, inequality and the recession, how the Mafia hurts the economy, Chinese choices, and Dutch nonsense.
What it is anyway?
New York Review of Books -- The Myth About Marriage
Why do some people who would recognize gay civil unions oppose gay marriage?
Los Angles Times -- Obama's family influenced his gay marriage shift, aides say
As he weighed a shift in his public position on gay marriage, perhaps no one had as much influence on President Obama as his wife, Michelle.
10 out of 50 reasons why gay marriage is wrong.
youtube -- Why Gay Marriage is WRONG
Did a jealous middle class lever themselves and the economy into a recession?
Guardian -- How income inequality contributed to the Great Recession
Higher inequality, combined with easy credit, can pressure the lower and middle class to keep up with consumers at the top.
Hey Vinnie you gotta read this. (ed’s note – no wonder Italy is in crisis).
voxed -- Can the Mafia divert the allocation of public transfers?
Can organised crime divert public spending? This column presents evidence of the Mafia influencing public transfers and argues that geographically targeted aid should take into account the risk that at least part of the funding feeds into organised crime.
TD Economics opines on the challenges China faces in shifting from export to domestic led growth.
Pdf below -- China Rebalancing
East Asia Forum -- China’s choices and ours
Although he’s confident that Asia’s present regional order and institutions will keep Asia peaceful and harmonious as China’s power grows, Amitav Acharya does acknowledge that adjustments will be needed.
A slowly rising currency is a very good thing.
Globe and Mail -- Dutch disease? Economic hypochondria
The increase in the price of oil and other resources has been accompanied by increasing references to so-called Dutch disease; a recent example is the interview NDP Leader Thomas Mulcair gave on CBC Radio’s The House last weekend.
The Agenda – The Currency Market
The loonie soars one day, then nosedives the next. What currency markets tell us about the health of the world's economy.
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