Thailand’s Failed Currency Control Experiment

Reuters/CNN: Thai shares bounced back on Wednesday from their biggest sell-off in 16 years after the government back-pedaled on currency controls, but the abrupt policy U-turn shattered confidence in its economic chiefs. The stock market, which plunged 14.8 percent on Tuesday — its biggest one-day drop since Iraq invaded Kuwait in 1990 — ended 11.2 […]

Bloggers’ Favorite Books of 2006

I’m delighted to announce that it’s time, once again, for the annual Bloggers’ Favorite Books survey. For the fourth year running, I asked some of my favorite bloggers to tell me about their favorite books of the year. Respondents weren’t limited to titles published in 2006, but were free to pick any book they […]