Weekend Homework, 17 November

Paul Krake

Welcome to the latest edition of Weekend Homework, a summary of the most interesting articles, reports, podcasts and videos that we came across this week. These pieces made us reassess, challenged our conventional thinking or opened our eyes to a new idea or concept.

This week, the Peterson on Productivity and re-thinking macro, I talk about the catalysts for 20% correction and the need for stable funding. China’s role in the future of scientific discovery and our trade guru Chad Bown discusses Pacific trade and how 11 countries got TPP to work


What to watch

This is a synopsis of our latest flagship report, in which Paul discusses some of the lessons learned over the course of this year, which we will take with us into 2018. Paul looks at what can spike interest rates and downplay the prospects. - Watch

The Peterson Institute held a major research conference on the "Policy Implications of Sustained Low Productivity Growth" on November 9, 2017. Leading economists address the question of what the productivity slowdown would mean for the global economy in the coming years. - Watch

At Peterson's "Re-thinking Macro" Conference, Gita Gopinath outlines 10 new ways economists think about exchange rate policy, capital flow management, protectionism, and global cooperation in the wake of the global financial crisis and current events. - Watch

What to read

One of the factors that does not get credit as a true driver of the extraordinary rally in risk assets that we have witnessed in the past 12 months is the collapse in volatility in long term USD funding costs. - Read

A fascinating article about the future role of China in scientific discovery. China is one of the proposed sites for the next Large Hadron Collider; the most ambitious project yet for particles physics. However, there are apparent contradictions in an authoritarian government controlling the mechanics of such a massive, and important, research undertaking. - Read

What to listen to

In the latest episode of "Trade Talks", Chad Bown discusses the new Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) and how 11 countries came to an agreement by suspending certain important elements of the original TPP outline. - Listen


The View