News
Fox | High Prices, Debt Crisis May Doom Obama's Green Energy Plans
As Congress and President Obama spar over spending cuts for the next year and beyond, new questions are being raised over whether the U.S. can afford the clean energy subsidies that the president has championed in several appearances this year and in his budget for fiscal year 2012.
WSJ | Senate Report Lays Bare Mortgage Mess
Panel Recommends a Range of Remedies for Financial Sector; 'I Found White Elephant, Flying Pig'
Fox | Higher energy prices push wholesale prices higher
More expensive gas pushed wholesale prices higher last month, although pricier cars and furniture also contributed to increase.
Econ Comments
NRO | Libertarian Paternalism, Twisted
When you ban something, you are not helping people make choices, but taking choices away.
Minyanville | Navigating the Markets and Economy
The price of oil, action in the stock markets, and the Fed's policies ahould all be of great concern for investors.
Blogs
Café Hayek | The housing boom and bust, part 2
In this post, I suggested that the spike in housing prices starting in 1997.
Heritage Foundation: The Foundry | When Trade is Free, the U.S. Gains Investment and Jobs
The argument against U.S. companies investing abroad typically goes as follows: “Companies are just trying to substitute cheap foreign labor for expensive U.S. labor. The United States loses jobs, capital, and technology when companies go offshore to employ cheaper foreign labor.”
Reports
RCM: Wells Fargo | Retail Sales Gain Despite Slip in Auto Sales
Retail sales increased for the ninth straight month. A 1.7 percent decline in auto sales was offset by a jump at gas stations where higher fuel prices boosted sales.
