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Thursday, November 8, 2012

General Economics

News                                                                                                                             
Bloomberg | Trade Deficit in U.S. Unexpectedly Narrows on Record Exports
The U.S. trade deficit unexpectedly narrowed in September to the lowest level in almost two years as exports climbed to a record.
WSJ | Home Prices Up 7.6% From Year Ago
Home prices appreciated in a growing number of cities during the third quarter, the latest evidence that the real estate recovery is gaining momentum and breadth.
Bloomberg | European Investors Put Adventure Back in Venture Capital
The life of a European venture capitalist is usually pretty civilized, punctuated by trips to the converted warehouses of London’s trendy Silicon Roundabout neighborhood or Berlin’s stately Prenzlauer Berg district, where entrepreneurs swap ideas in Vietnamese restaurants and faux-dive coffee shops.
CNN Money | Businesses face 'exhausting process' with insurers
Few small business owners were insured for a storm like Sandy, but even those that were might be in for some nasty surprises.
FOX News | Americans took out more student loans in September, boosting consumer credit $11.4 billion
Americans took out more student and auto loans in September to boost consumer borrowing to a record level. But they cut back on credit card borrowing, a sign many remain cautious about taking on high-interest debt.

Econ Comments & Analysis                                                                                            
Washington Times | Dysfunctional government might save us
The dismal state of our national finances is going to require that the United States downsize the government over the next four years. We don’t have any other options.
The American | Why Growth Is the Environment’s Best Friend
The single best thing we could do to minimize energy’s impact on the environment is to not only maximize our own economic growth but also to help developing countries increase theirs.
Real Clear Markets | Hurricane Sandy Exposes Infrastructure Neglect
When President-elect Barack Obama announced in December of 2008 his intention to create a massive stimulus package to jumpstart the economy, mayors from across America sent him a list of some 4,000 ‘ready-to-go‘ projects.