EDITOR'S PICKS

In this week's essential reading guide Kohler pinpoints an IMF catch-up, Bartholomeusz quantifies Bernanke's influence and Koukoulas examines the effects of a falling Aussie dollar.

Leaning towards America's seat on the seesaw
Alan Kohler
In a way the IMF’s playing catch-up with stock market attitudes to US and China growth. And Australia’s stuck between the two countries, tilting a little towards America.

More companies should do the splits
Alan Kohler
Bigger is better for directors, but that’s not the case for shareholders. So which companies could unlock more value in separate parts?

Bernanke and his seven billion apostles
Stephen Bartholomeusz
It's become patently clear that it's the words of the US Fed chairman driving changes in markets worldwide. Expect more confusion as Ben Bernanke strolls his conflicting path.

A false sense of Yancoal securities
Stephen Bartholomeusz
Yanzhou’s crack at taking Yancoal private is an attempt to neutralise a clever, and very costly, insurance mechanism embedded in Yancoal’s stock at the time of its Gloucester merger.

The patience behind Bernanke's design
Stephen Koukoulas
This is the best the US has looked in five years, and there’s no way Ben Bernanke will disrupt that by tightening too soon. When he does it will be cushy and gradual.

Betting against a bottomed dollar
Stephen Koukoulas
As the Australian dollar continues to fall several key sectors of our economy are rejoicing. And with the Fed set to phase out QE, it may not be long until we see the unit hit 85 US cents.

How to read inflation in Chinese
Stephen Koukoulas
China's GDP was always meant to fall back to more sustainable levels but its rising inflation, coupled with a US growth spurt, spells good news for Australia.

Kevin's closing the trapdoor behind him
Michelle Grattan
Kevin Rudd can be sure of getting his leadership proposal through the special caucus meeting, but it will also be met with cynicism. The new rules would make it almost impossible to topple the leader.

New largesse stars in Greece’s theatre of the absurd
Oliver Marc Hartwich
As the European troika prepares to unleash yet more money on Greece, the nation's debt keeps climbing. What's needed is for Greece to become a different country.

China's rocky road to financial freedom|
Stephen Grenville
China's recent cash rate spike was a sign of an immature financial system, and as its economy rebalances financial reform will continue in an unpredictable fashion.

TECHNOLOGY SPECTATOR: Inheriting Quigley's NBN nightmare
Paul Wallbank
Failing contractors, low morale, skill shortages and political interference are just some of the issues a new NBN Co chief would wrestle with.

The self-cannibalisation of economics
Steve Keen
The failure of economics to preserve its position in academia is one link in a long chain of global failings over recent decades.