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Economics roundup

From Crooked Timber, a seminar on Dani Rodrik’s One Economics, Many Recipes: Globalization, Institutions and Economic Growth. The costs of doing business: A World Bank report ranks the world's most business-friendly countries. A look at what economists sometimes refer to as an "expert service problem": The same expert who is diagnosing the flaw is the one who will be paid to fix it. Scion of a Swedish dynasty: The chairman of the Wallenbergs’ investment company relishes telling the colourful story of the non-profit behemoth, which stretches back to 1856. The economics textbook of the 21st century: A review of Ecological Economics: Principles And Applications by Joshua Farley and Herman E. Daly. A review of King of the Club: Richard Grasso and the Survival of the New York Stock Exchange by Charles Gasparino. Fiscal foolishness: Government and the markets have forgotten the lessons of the '20s, and we're all paying. From The Economist, maybe management theory is not hocus pocus after all. Kenneth Rogoff has been trying to explain to his eleven-year-old the astronomical differences between people’s income. From The Mises Institute, an article on solving the "problem" of free riding.  All they are saying is give happiness a chance: Despite all the wealth we have accumulated, true happiness has lagged our prosperity.