Links 12/6/2011

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Corzine threatened to quit MF Global when the board asked him about his aggressive gambling—too bad they did not take him up on the offer

Michael Pettis explains what it means to overinvest—cue relevant example

What can Hayek teach today’s economists?

The expensive yen is increasing U.S. export volumes to Korea—an excellent real-world example of how bilateral currency adjustments affect trade with third countries

Whatever happened to the rule of law?

European sovereign debt writedowns explained with a Star Wars reference

Both of these articles have a negative tone—why are they so opposed to fiscal stimulus during a depression?

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About Matthew C. Klein
I write about the economy and financial markets for Bloomberg View. Before that I wrote for The Economist on a fellowship provided by the Marjorie Deane Financial Journalism Foundation. I have worked at the world's largest hedge fund and read every FOMC transcript since May, 1987.

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