Opinionomics | 3 April 2012

Must read comment and analysis, including a debate over risk aversion in financial regulation. Is th

Is the FDA a good model for financial regulation? Credit: Getty Images

1. Evidence of Nominal Wage Rigidities (Mark Thoma)

Everyone in economics knows one thing: Wages are sticky. It's hard to cut them. How hard? Thoma finds the evidence.

2. What happened at Groupon? (Felix Salmon)

Felix suggests one reason – beyond their borderline Ponzi-scheme accounting – why Groupon may be having problems

3. Welcome to Ikea-land: Furniture giant begins urban planning project (The Globe and Mail)

Ikea is building a ten-acre housing development in the Olympic Park in London, which will be an all-rental private neighbourhood.

4. The FDA approach to regulation (Economist | Free Exchange)

A.C.S. argues that the desire to make the SEC more like the FDA is mistaken...

5. Default Rules and Regulatory Agency Design (Slate | Moneybox)

...While Matt Yglesias disagrees.