News
WSJ | Euro-Zone Manufacturing Still in Decline
Euro-zone manufacturing activity shrank for the 15th straight month in October as exports weakened, indicating that the 17-nation economy as a whole had deteriorated at the start of the fourth quarter.
Washington Times | Global crisis squeezes Swiss banks
One of Switzerland’s signature industries, Swiss banking no longer has the same allure it once did and could be in for tough times in the years ahead, analysts say, as it struggles to cope with a changing regulatory environment in the wake of the global financial crisis.
CNN Money | Sandy's cost to economy: Up to $50 billion
The estimated loss to the nation's economy from Superstorm Sandy has climbed to as much as $50 billion, making it one of the nation's most costly disasters.
Bloomberg | Economy Set for Better Times Whether Obama or Romney Wins
Mitt Romney says Barack Obama’s policies will consign the U.S. to an extended period of sluggish economic growth, at best. The president says his Republican challenger’s plans will sow the seeds of another mammoth recession. Both are wrong.
Econ Comments & Analysis
Fiscal Times | Sandy's Destruction Brings Out the Best in Business
Superstorm Sandy may have carved a costly path of destruction through New York, New Jersey, and elsewhere along the East Coast, but many businesses and individuals have found ways to open their wallets, checkbooks or hearts to help others at a time of great need
WSJ | Failure To Stimulate
What if Barack Obama has it all wrong when it comes to the economy? What if Keynesian economics is a bankrupt theory and the massive "stimulus" bill in 2009 made the economy worse, not better? Those are among the questions that Casey Mulligan asks in "The Redistribution Recession," a biting analysis of our current economic malaise.
Washington Times | Energy regulations’ dubious social benefits
Though the U.S. economy has been slow to recover from the Great Recession, the nation has experienced a boom in new regulations, many of which have supposedly introduced large “social” benefits.
CNN Money | Behind the gas panic: One expert explains
Amid this chaos, it's hard to believe that there's actually no gas shortage, as one well-known oil and gas expert explained to CNNMoney. Rather it's fear and panic that has gripped residents from these states.
Blogs
Heritage Foundation | Chart of the Week: Slowest Economic Recovery Since the 1960s
Americans could be waiting another five years for a return to normal employment based on the sluggish pace of the U.S. economy. After nearly four years in office, President Obama has overseen the worst recovery since the 1960s.
Calculated Risk | Schedule for Week of Nov 4th
The key US report for this week will be the September trade balance report on Thursday.
Coordination Problem | My Two Papers on Private Sector Response During Katrina
Since what goes around comes around, my work from a few years back on the private sector response to Hurricane Katrina is of relevance again.
Neighborhood Effects | What the Mortgage Interest Deduction can Teach us About Government Failure
Is it hypocritical for a business or a politician to publicly oppose a government program only to turn around and ask for a share in it?
Calculated Risk | Unofficial Problem Bank list declines to 861 Institutions
Failures and unassisted mergers led to several changes to the Unofficial Problem Bank List this week. In all, there were four removals and one addition, which leave the list at 861 institutions with assets of $328.4 billion. A year ago, the list held 983 institutions with assets of $406.3 billion.
Library of Economics | The Present Value of Learning, Adjusted for Forgetting
Suppose learning marginal fact F increases your productivity by V. What is the present value of learning F? Economists will be tempted to mechanically apply the standard present value formula.
Economist | The economics of enormity
How big is too big? America's firms are growing in size and while there have been huge firms stretching back to Standard Oil the fact that so many firms are so big is a new phenomenon.
