News
Market Watch | Keystone pipeline: Who wins when the oil flows?
A decision on TransCanada Corp.’s Keystone XL pipeline is fraught with political peril for the Obama administration, but for investors the question to ask is clear: If the line is going to be approved, which companies will benefit?
Bloomberg | German Business Confidence Gains Third Consecutive Month
German business confidence rose more than economists forecast in January, adding to signs that Europe’s largest economy is recovering from a slump at the end of last year.
Market Watch | Housing market’s latest obstacle: Appraisals
What’s that $1 million house really worth? Depends who you ask.
CNN Money | Europe eyes growth windfall from U.S. trade pact
European leaders came to the Swiss resort of Davos this week eyeing the potential windfall gains that could flow from a free-trade agreement with the United States.
FOX Business | New Home Sales Slump in December
New single-family home sales fell in December although the median sales price rose and the sector still appears set to be a bright spot in the country's economic recovery.
Washingotn Times | Fracking’s rise in U.S. inspires the world
The U.S. energy industry clearly still leads the way on the revolutionary drilling method that has upended global energy markets, but the rest of the world is beginning to catch up as nations seek to replicate American success in oil and natural gas development.
Econ Comments & Analysis
Forbes | Deconstructing Obamanomics: What Is The Real Goal?
As President Barack Obama begins his second term, democratically returned to office by a majority of Americans who seem to buy what he is selling, it would profit us to pause a moment and examine the discrepancies between the vision he expounded in his inaugural address and the economic reality that surrounds us. This leads to a pivotal question: What, exactly, is the underlying purpose of Obamanomics, and how would we know?
WSJ | Yes, Mr. President, We Are a Nation of Takers
In President Obama's second inaugural address, he not only outlined an ambitious agenda for his second term but also seemed intent on shutting down debate about the social-welfare state and its impact on American life.
Fortune | Why Americans still feel poor
Stocks are up again, but home prices are the real barometer of personal wealth.
Politico | How to renew the American dream
Immigrants remind us of our potential as a free people. Throughout American history, this nation’s great experiment in individual liberty and free enterprise has attracted people committed to building a better future for themselves and their families. Immigrants are by nature risk takers, entrepreneurs who often have the work ethic, drive, energy, creativity and passion necessary to succeed.
NY Times | Housing Offers Hope of Strength in the Economy
A funny thing is happening to the United States housing market. It is getting better at an accelerating rate.
Blogs
Heritage Foundation | World Economic Forum: An Opportunity to Promote Economic Freedom
Masters of the world’s economies are converging on the small resort town of Davos, Switzerland, this week for the annual World Economic Forum (WEF). These “Davos M[e]n” include the world’s top business leaders, central bankers, and politicians.
WSJ | Analysis: Fall in New Home Sales Doesn’t Change Story of Housing Recovery
Sales of new homes in the U.S. fell in December, a decline of 7.3% to a seasonally adjusted annual rate of 369,000. Even so, that end-of-year rate was well above that of a year earlier, marking the beginnings of a recovery for the building industry.
FOX Business | Govt. Waste, Fraud & Abuse
When it comes to cutting the purse strings, nobody is worse than Congress… and I mean nobody.
WSJ | Banking Crises Do Lasting Damage to Productivity
Banking crises appear to hurt national productivity more than other financial disasters like hyperinflation and currency collapses, Bank of England researchers reported Thursday, in findings that may shed light on a puzzling weakness in Britain’s economy and influence the central bank’s response.
Café Hayek | Measuring Growth
We might think of three paths to growth or three ways that the world gets better
