News
Market Watch | G-20 kicks off crucial weeks for euro crisis
European finance ministers will find themselves under heavy pressure to find a solution to the region’s long-running debt crisis when they meet counterparts from the Group of 20 industrialized and developing nations in Paris this week.
CNN: Money | Regulation: Not the job killer GOP says
Want to help the economy and create jobs? Well, roll back those government regulations! It's a talking point trumpeted by nearly every Republican politician. But would less regulation really spur hiring?
Market Watch | U.S. Incomes Seen Stagnant Through 2021
Americans' incomes have dropped since 2000 and they aren't expected to make up the lost ground before 2021, according to economists in the latest Wall Street Journal forecasting survey.
CNN: Money | Bring profits home and create jobs? Maybe not
Proponents from the left and right say it could create jobs and boost revenue. Critics -- also from the left and right -- say it would do just the opposite, costing the economy jobs and the government revenue.
Market Watch | U.S. retail sales jump 1.1% in September
Higher purchases of autos, clothing and furniture in September fueled the biggest increase in U.S. retail sales in seven months, government data showed Friday.
Econ Comments
Washington Times | Free-trade backers eye trans-Pacific
Buoyed by Hill passage of 3 pacts, advocates look to Asian rim, Brazil.
Reuters | S&P cuts Spain rating by one notch on weak growth
Standard & Poor's cut Spain's credit rating on Friday, sending the euro lower and underlining the challenges facing Europe's big powers as they prepare to meet G20 counterparts over the euro-zone debt crisis.
WSJ | This Is No Time for Moderation
America can't trim and tweak its way back to economic dynamism.
Daily Caller | Reappraising — and praising — capitalism
Competition and free markets are the best assurances of social cooperation and peaceful coexistence. That is what we should be teaching our children.
NY Times | Bank Rules That Serve Two Masters
When there are two powerful factions in Congress, one of which wants to take an action and the other of which wants to avoid it, what should Congress do?
Blogs
Heritage Foundation | Poor Sales or Economic Uncertainty Preventing Stronger Recovery?
Criticism of the uncertainty narrative rests upon the belief that the economy isn’t growing due to depressed aggregate demand. Yet that only raises the question of what’s causing depressed aggregate demand. Business survey data together with logic and common sense demonstrate that uncertainty is at least partly responsible for our slower-than-optimal recovery.
AEI: American | Five reasons why Obama really is freaking out business
It’s the Obama administration, after all, that wants to raise taxes during an anemic recovery, has no long-term debt plan, and thinks the economy is under-regulated. And to be sure, policy uncertainty isn’t the only economic problem facing America or hurting business sentiment. But it’s likely a significant one. Here’s why:
Atlantic: Megan McArdle | Who Besides Solyndra Got Loan Guarantees?
Giving large, established companies extra-cheap loans to build power plants, run transmission lines, and fix up the roofs of their warehouses is, in the immortal words of P.J. O'Rourke, like paying a Dairy Queen owner to keep his ice cream freezers on.
WSJ: Real Time Economics | Access to Necessities Falls to Recession Levels
Access to health care and food are down the most since September 2008, the depths of the recession. And more Americans are having trouble paying for food and shelter.
Reports
NBER | Sovereigns, Upstream Capital Flows and Global Imbalances
We decompose capital flows – both debt and equity – into public and private components and study their relationship with productivity growth. This exercise reveals that international capital flows are mainly shaped by government decisions and sovereign to sovereign transactions.
