Links for 7th August, 2018

1. Thinking about trade surpluses is hard work

1. Institutions matter, the South East Asian edition

1. On cartels and, well, shit in Senegal

1. Barry Ritholtz on fixing Facebook. I'd say the question isn't how, but (from Zuckerberg's viewpoint) why - and that's the problem.

1. We need to be more sceptical about behavioral economics than we are currently.