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Thursday, December 6, 2012

General Economics

Econ Comments & Analysis                                                                                            
RCM | It's Time To Shut Down the Federal Housing Administration
It was no real surprise last month when the Federal Housing Administration's annual accounting report found that the agency was in the red to the tune of $13.4 billion, among other problems.
WSJ | Right to Work in Michigan
Lawmakers consider a law to help the lagging state economy.
RCM | Crunch Time For the Trans-Pacific Trade Pact
The first nine months of 2013 will mark a crucial period for the Trans-Pacific Partnership Agreement (TPP) negotiations being conducted by the United States and 10 other trans-Pacific nations.
Washington Times | BROWN: America’s big-government problem
The Reagan Revolution has been reversed. Since the turn of the millennium, America’s standing as one of the most free and prosperous economies has eroded, dropping from 2nd to 16th in the world.
Bloomberg | German Manufacturing Orders Surge in Sign of Resilience
Orders, adjusted for seasonal swings and inflation, jumped 3.9 percent from September, the Economy Ministry in Berlin said today.

Blogs                                                                                                                             
Politcal Calculations | This Chart, Explained!
Why does the following chart, which spans 50 years of data for the United States in the post World War 2 era, look the way it does?
AEI | Sometimes it’s good if people aren’t paying attention
The government “spends” over $100 billion per year in tax expenditures to encourage retirement saving.
Café Hayek | The Very Talented Mr. Papola
John Papola has created this lovely holiday greeting card on the history of the idea that spending creates prosperity.