News
National Journal | Effects of a Shutdown on GDP Negligible, Analysts Say
As negotiations stall and the federal government veers toward a shutdown, both politicians and the public have begun to fret over the possible economic effects of a government suspension, with some even opining that it could derail the recovery.
Telegraph | We must call the bluff of the big, bad banks
It would be insane not to change the structure of banking, because it’s doomed to fail again, writes Jeff Randall.
RCM | The Trouble With Economic Statistics
Even in the absence of political meddling, economic statistics can be slippery things.
Econ Comments
Fortune | IMF says high oil prices are here to stay
Don't hold your breath for a big drop in oil prices.
Market Watch | Is America the next Portugal?
It’s easy to watch this economic Duck Soup unfolding and think the debt crisis is entirely limited to penny-ante Freedonias in Europe.
Blogs
Mercatus Center: Neighborhood Effects | Another Look at Income Mobility
As far as I am concerned, the important thing is to have a dynamic and growing economy with plenty of opportunities for those who are the least well-off among us. We can debate about whether or not ours is that sort of economy—especially given the current economic climate—but a simplistic analysis of income groups gives us very little information on this score.
Marginal Revolution | David Brooks nails it
People will look back and see the non-expiration of the Bush tax cuts as a turning point.
Café Hayek | Obama embraces regime uncertainty
Maybe massive unspecified changes in the regulation of the health and financial sectors wasn’t such a good idea in the middle of a recession.
EconLog | 40 Things I Learned in My First 40 Years
Today I turn 40. To ease the pain, I've decided to write a list of important lessons I've learned during my first four decades.
Reports
Heritage Foundation | Why Does Economic Freedom Matter?
America’s founders knew that liberty is about more than just securing political freedoms. True liberty requires economic freedom—the ability to profit from our own ideas and labor, to work, produce, consume, own, trade, and invest according to our own choices.
