News
Bloomberg | Productivity in U.S. Rises as Companies Try to Lower Costs
The productivity of U.S. workers rose in the first quarter as companies tried to contain labor costs.
Market Watch | Latvia approved for euro-zone membership
The European Commission on Wednesday gave the go-ahead for Latvia to adopt the euro in 2014, making the Baltic nation the 18th country to join the euro zone.
Washington Post | New report says US hasn’t seen expected ‘Great Recovery’ as economy continues to fall short
An economic forecast says the country’s expected “Great Recovery” hasn’t materialized and the economy’s fallen short of even normal growth.
CNBC | FHA's Worst-Case Losses May Be Even Worse: Issa
The Federal Housing Administration may have tried to hide the magnitude of losses it could face under the most severe economic shock, according to a congressional committee.
Econ Comments & Analysis
WSJ | The Path to Double Happiness
When President Barack Obama and Chinese President Xi Jinping meet this week in California for an unusually private set of conversations, national-security issues are sure to dominate. Make no mistake: Whether, and how deeply, the two countries cooperate on North Korea and Iran will be an important test of their relationship.
Fortune | Closing the Fortune 500's emerging markets gap
Here's what companies really need to do to grow in emerging markets.
Market Watch | Japan's Abe unveils economic blueprint
Japanese Prime Minister Shinzo Abe on Wednesday unveiled a flood of fresh economic policies to revive his nation's economy, including plans to allow public pension funds to buy more stocks and creating special economic zones to spur foreign investment, according to reports.
AEI | Why Japan must join the TPP
If Japan really is “back,” as Prime Minister Shinzo Abe stated in Washington last February, the government must prove the long-term sustainability of Japan’s current short-term growth.
CATO | Asia’s Story of Growing Economic Freedom
The global financial crisis reinforced a sense that the world is "shifting East"—to Asia. The essential story of modern Asia is its unprecedented expansion of economic freedom, enabled by market liberalization. Economic freedom, however, remains substantially repressed across the region.
Blogs
Heritage Foundation | Social Security’s Unfunded Obligation Rises by $1 Trillion
Contrary to claims by cheerful news sources, Social Security’s deficit outlook is not “unchanged” or “no worse.” Social Security’s unfunded obligation rose by $1 trillion according to the latest trustees’ report.
Café Hayek | Capital-based Macroeconomics
My dear old friend, fellow Atlanta Braves fan, and mentor Roger Garrison – from whom I’ve learned more macroeconomics than I’ve learned from anyone else – discusses in this hour-long lecture, from last summer, the Austrian theory of the business cycle capital-based macroeconomics.
