What We Are Reading Today: ‘The Economics of Over-the-Counter Markets’

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Updated 16 April 2025
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What We Are Reading Today: ‘The Economics of Over-the-Counter Markets’

Authors: Julien Hugonnier, Benjamin Lester, And Pierre-Olivier Weill

Many of the largest financial markets in the world do not organize trade through an exchange but rather operate within a decentralized or over-the-counter structure.

Understanding how these markets work has become increasingly important in recent years, as illiquidity in certain OTC markets has appeared as the first signs of trouble—if not the cause itself—of the past two financial crises.


What We Are Reading Today: ‘Planetary Climates’

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Updated 26 December 2025
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What We Are Reading Today: ‘Planetary Climates’

  • As this book makes clear, the better we can understand how various planetary climates formed and evolved, the better we can understand Earth’s climate history and future

Author: ANDREW INGERSOLL 

This concise, sophisticated introduction to planetary climates explains the global physical and chemical processes that determine climate on any planet or major planetary satellite—from Mercury to Neptune and even large moons such as Saturn’s Titan.

Although the climates of other worlds are extremely diverse, the chemical and physical processes that shape their dynamics are the same.

As this book makes clear, the better we can understand how various planetary climates formed and evolved, the better we can understand Earth’s climate history and future.