capital controls

Here are the links for today. I have been doing double duty because I am doing the links over at Naked Capitalism too while Yves is away. I appreciate link suggestions from readers, by the way. So ping me with links via twitter, which I use…

Below are the main stories I wish to highlight. There are a bunch of others in the newsfeed. The return of capital controls - Willem Buiter's Maverecon Fed cuts U.S. growth view and considers inflation target | Reuters Bank of England…

Jon Danielsson has a very thorough piece up on the VoxEU site which details the catastrophic collapse of Iceland and its banking system. This is a cautionary tale on two fronts. First, Iceland was a small country with a very large…