Elsewhere on Monday, Fighting the last war. Of Moby Ben, the Washington Whale. Why a QE-only approach to demand stimulus embeds a troubling political economy, or, how the poor become human shields for the rich. Gold: the fear of bubbles created its own bubble, trapping the bubblers. For some strange reason Keynes and Hayek caused the Great Recession. Abe Shinzo's Arcadian economic idyll. So Big Four accounting firm partners are always wheedling and cajoling their financial sponsor clients to let their pet investment bankers "do something." We'd expect genetic heritability to be roughly equal across countries. But intergenerational mobility is not. Why innocent people plead guilty. Assessing China's Third Plenum - big Bloomberg read. Today's Russell Brand review of choice. "He's the Miss Havisham of the sportswear world." The mayor said it is to "avoid any disruption... by evil clowns.. It's about protecting children by preventing any ill-intentioned clowns from mixing with residents.