News
Politico | Nurturing the U.S.-China relationship
More than 40 years ago, the United States and China signed the Shanghai Communique that started a journey to normalize political economic relations. Today, the U.S. remains the world’s largest economy, with China the second largest and expanding every year. Many believe that each country will be the other’s largest trading partner within a decade. No other bilateral economic partnership is as important to growth and prosperity worldwide.
CNN Money | U.S. steps up natural gas exports
The United States will soon start exporting more of its energy bounty. That's making oil and gas companies happy, American manufacturers nervous, and some environmentalists livid.
Econ Comments & Analysis
NY Times | Behind the Rise in House Prices, Wall Street Buyers
The last time the housing market was this hot in Phoenix and Las Vegas, the buyers pushing up prices were mostly small time. Nowadays, they are big time — Wall Street big.
Market Watch | Feds pick 'risky' non-banks including AIG
Federal regulators charged with identifying risks to the economy -- in a long awaited action -- on Monday designated some firms other than banks as systemically important.
Real Clear Markets | Why I'm A Long-Run U.S. Economy Optimist
There is a lot of disagreement about the economy today. Some analysts focus on signs the recovery is quickening while others see new problems stemming from the end of a bond market bubble. My own view is that of a long-run optimist and I get there by remembering the history of postwar business cycles.
Washington Times | From captive nations to free markets
The lack of growth in Western Europe hurts the Eastern and Central European countries by reducing the latter’s export opportunities and adding to the general financial instability.
WSJ | Weak Signs for U.S. Output
U.S. factories in May posted their worst month since the end of the recession, as weakness overseas overwhelmed a still-shaky manufacturing recovery at home.
CATO | Free Trade, Free Markets: Rating the 112th Congress
A review of the Cato Institute’s congressional trade votes database reveals how the 112th Congress and its individual members voted on major trade bills and amendments.1 After a lull in congressional trade policymaking, the 112th Congress saw renewed action in trade policy but very little initiative.
Blogs
WSJ | U.S. Cutting Back on Foreign-Oil Habit
April trade data offered fresh evidence that the U.S. is starting to kick its foreign oil habit.
Heritage Foundation | Food Stamps Don’t Stimulate Economic Growth
The number of Americans on food stamps, or the Supplemental Nutrition Assistance Program (SNAP), is at historic highs, but some on the left—like Paul Krugman—think that’s not such a bad thing because, as they argue, food stamps “stimulate” the economy
