Top Tax Rates should be 70-80 percent? CEOs pay their employees less if they have a child? And why are rating agencies so bad? There is a lot to be discussed at the AEA meeting. Patrick Bernau has selected his favorite papers.
Fund management companies tend to employ their best people in inefficient markets – and these are not your everyday markets. Everyday markets seem to be too efficient.
Never waste a good crisis: We heard this sentence often in the subprime crisis, but we rarely hear it today. It seems time to call it into memory.
Germany is being criticized for its trade surplus. Let’s not forget: Deficits are more hazardous than surpluses.
Lord Wolfson has asked how the Monetary Union could be dissolved – offering £250,000 for the best idea. On January 1st, Frankfurter Allgemeine’s Sunday paper made a proposal. Starting today, the jury is evaluating the proposals, so we are publishing our commentary in English.
Why are poor people more often ill? Gabriella Conti from University of Chicago shows how health can be spoiled already for small children.
Money doesn’t make people happy? This is not totally true, as Justin Wolfers has found out. Here is a video interview with him.
Patrick Bernau

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- Read this book - I am starting to understand why our brain desperately needs to make some sense of what it's doing http://t.co/5J7OzjiQiK
