News
CNN Money | Irish to vote on fiscal treaty
As Europe scrambles to keep up with a resurgent debt crisis, Ireland will put a key agreement on fiscal discipline to a popular vote.
WSJ | Europe Woes Ignite Selloff
Fears Spain can't save its troubled banks sparked a selloff in Spanish government bonds Wednesday and prompted a broad decline in stock markets and the euro, leaving Europe's common currency in its most precarious state in months.
Econ Comments & Analysis
WSJ | The Obama Spending Record
Every journalist not in the re-election tank has been shredding President Obama's recent claim that spending growth has been modest on his watch. But kudos in particular to the Associated Press for hitting several White House accounting gimmicks in a dispatch last week.
Heritage Foundation | The Real Cost of Public Pensions
This paper discusses how to properly calculate the cost of public defined-benefit pension benefits, compares the cost of these benefits to private-sector retirement plans, and refutes two of the most common arguments that public pension benefits are somehow modest.
Blogs
National Review | Canada Cut Spending and So Should We
Chris Edwards has a good Cato Policy Report this month explaining how Canada went from a free-market economy to socialism and back.
Café Hayek | Living within your means is so inconvenient
In short, it’s a good idea to spend less than you take in. Debt leads to misery. But wiser men than Dickens and Smith argued that what is best for the individual need not be best for the nation.
