1. Did the Bank of England cause the boom and bust? (BBC News)
How much were central banks to blame for the financial boom and bust, asks Robert Peston.
2. Heathrow’s third runway is not happening – move on (Guardian)
John Stewart writes that the aviation industry’s tired third runway campaign ignores the facts of the future of air travel, and a total lack of political will.
3. Focus: The middle-income trap (Economist | Graphic Detail)
The Economist examines economic growth relative to the United States, and finds remarkable – depressing – stability.
4. BUNDESBANK COMES OUT AGAINST WOMEN, WAR ON ALL GOOD THINGS CONTINUES. PUPPIES AND ICE CREAM TARGETED NEXT (FT alphaville)
Lisa Pollack looks in depth at the “women bankers riskier” story from yesterday.
5. Ireland Deserves Breathing Room on Debt to Revive Economy (Bloomberg View)
Bloomberg calls for Ireland to be given time off repaying its debts to the ECB.