News
CNN Money | Global crises? Don't panic
Who's right? Not a third of the way through 2011, we're dealing with three enormous stories: the Arab Spring, the aftermath of the earthquake and tsunami in Japan, and Europe's deepening debt crisis. Let's look at the economic impact of each in turn.
Bloomberg | Home Prices Slid 5.7% in February From Year Earlier, FHFA Says
U.S. home prices fell 5.7 percent in February from a year earlier as distressed properties weighed down values, according to the Federal Housing Finance Agency.
Econ Comments
Fortune | In developing economies, equity beats microfinance
In developing economies, equity beats microfinance
WSJ | Searching for Hayek in Cairo
To make democracy stick, the Arab Spring now needs an economic revolution.
Politico | Families still need safety net
The recession did great damage to the middle class. Families lost homes. Professionals lost jobs. Savings and retirement funds plummeted.
WSJ | Government Mortgage Guarantees Are Unnecessary
Many predict calamity for the housing markets without them. Federal Reserve data tell a different story.
Washington Examiner | U.S. taxpayers guarantee $2.1b loan to German firms
A federal subsidy program with consistently poor marks on transparency and accountability has just announced its largest ever award: a $2.1 billion loan guarantee to a German-owned solar power company.
Washington Times | Red tape recession
Government rules are stifling economic growth.
Blogs
The Economist | More on China's looming(?) growth slowdown
If I had to guess, I would say that by mid-decade China's growth rates are likely to slow from over 9% a year to something like 6% a year. And I would further say that what happens to China's economy after that will depend a great deal on how its financial and political systems handle that slowdown.
