Links

• Why a Trade War With China Isn’t “Easy to Win” - Paul Krugman
• The Future Fortunes of R-star: Are They Really Rising? - John Williams
• Congress Approves First Big Dodd-Frank Rollback - The New York Times
• US Hurricane Clustering: A New Reality? - Bank Underground
• Argentina: Sustainable, Yes, Perhaps, with Adjustment - Brad Setser
• How the Unfettered Fed Flattened the Phillips Curve - WSJ
• Anatomy of a trade collapse: The UK, 1929-33 - VoxEU
• What’s the Matter With Europe? - Paul Krugman
• The “accounting view” of money: money as equity - All About Finance