TODAY'S recommended economics writing:
• The case for helicopter money (Martin Wolf)
• Big banks are told to review their own foreclosures (NYT)
• Fed bank chiefs back money-fund overhaul (WSJ)
• The history of Australian property...
US manufacturers have attacked plans by to launch an exchange-traded fund backed by physical , arguing that the product would “grossly and artificially inflate prices” and “wreak havoc on the US and global economy”. The FT reports.