Pages

Tuesday, April 12, 2011

General Economics

News                                                                                                                             
ABC | 5 Shocking Gas Prices Around the Globe
Surprised by Gas Price of $4 a Barrel? Try $8.35 in Germany.
NY Times | Gas Prices Rise, and Economists Seek Tipping Point
Gas prices are approaching record highs, but so far most Americans do not appear to be drastically cutting back their driving or even their spending as they did in 2008.
CNN Money | U.S. trade deficit narrows
The U.S. trade gap narrowed in February, as both exports and imports declined during the month.

Econ Comments                                                                                                             
WSJ | Net Neutrality Override
The House votes to stop the FCC's Internet power grab.
Washington Times | Welfare reform redux
Expand opportunity by applying ‘96 lessons to 76 programs.
EconLog | Garret Jones on IQ and Economic Growth
I'm at the same APEE meetings in Nassau that Arnold's at and I saw another paper presented by Garret Jones. It was titled "A Political Coase Theorem for the Intelligent." It was on how high-IQ pairs in experimental games do significantly better on trust and cooperation.
WSJ | Systemically Confused
Even the regulators can't agree on which firms pose a financial risk.
NRO | America’s Next Top Energy Slogan
What, exactly, does “clean energy” mean?
Politico | The Social Security sacrifice
The debate about changes to Social Security ignores its most important benefit: a longer and healthier life span for America’s seniors.

Blogs                                                                                                                          
Cato@Liberty | Challenging the Trade-Deficit Orthodoxy
Tomorrow morning the U.S. Commerce Department will release its monthly report on U.S. exports, imports, and the trade balance. That’s a safe bet, barring some unforeseen calamity.
WSJ: Real Time Economics | Small-Business Optimism Declines
Small business owners became more worried about the economy in March, according to data released Tuesday. Even so, hiring remained positive and more businesses planned to increase prices.
Mercatus Center: Neighborhood Effects | Midwestern population shifts
Metropolitan areas the cities and the suburbs that suround them have grown by 10.8 percent over the last decade. Rural areas only grew by half as much in the same period.
Calculated Risk | NFIB: Small Business Optimism Index decreases in March
From National Federation of Independent Business (NFIB): Hiring Up, But Optimism Down in March.