Elsewhere on Thursday,
- The $2.6m steak lunch with Warren Buffett.
- The rising threat of deflation.
- Let Goldman be Goldman.
- Debunking the paradox of thrift.
- Double-dip recessions and the (dubious) wisdom of crowds.
- When a vuvuzela isn’t a vuvuzela.
- The output gap and investing.
- Mama, don’t let your baby grow up to be a broker.
- Markets: Between euphoria and despair.
- The Confidence Game: A (long) take on the Ackman-MBIA book.
- KKR’s ‘modest’ $22m pay packets.
- What the yield curve is telling us.
- Further, further reading.