News
CNN Money | OECD cuts world growth forecast
Another month, another downgrade for the world economy, this time from the Organization for Economic Co-operation and Development.
Bloomberg | German Investor Confidence Rises for a Fourth Month
German investor confidence rose to the highest level in more than four years, signaling that the economic recovery in Europe’s largest economy remains on track even after a third-quarter slowdown.
CNN Money | U.S., JPMorgan near $13 billion settlement
The Justice Department and JPMorgan Chase are nearing completion of a $13 billion settlement related to the bank's past mortgage practices, and a final deal is expected as soon as Tuesday, according to a person briefed on the negotiations.
Econ Comments & Analysis
Fortune | Welcome to the 4% return market
The stock market probably isn't in a bubble, but there's a bigger risk you need to consider: That buying now will mean much lower returns over the next few years.
Real Clear Markets | Will Congress Finally Kill Ethanol and Wind Energy?
The Environmental Protection Agency finally saw sense on Friday and announced a reduction in the amount of ethanol that refiners are required to blend into gasoline in 2014. Will Congress show equal sense and allow the wind tax credit to expire at the end of 2013?
Washington Times | Fracturing Obama’s oil spin
With the debris of his health care scheme falling like autumn leaves, President Obama is looking for news, any news, to suggest that his White House is doing something, anything, right. He landed on the most unlikely candidate last week. He’s taking credit for the surge in the production of oil, which exceeded imports for the first time in 18 years.
CRS | Infrastructure Banks and Debt Finance to Support Surface Transportation Investment
This report discusses current federal programs that support the use of debt finance and private investment to build and rebuild highways and public transportation. It also considers legislative options intended to encourage greater infrastructure financing in the future.
Blogs
WSJ | Which U.S. Cities Have Economies Bigger Than Entire Countries?
U.S. cities experienced slowing growth last year, according a report from the Conference of Mayors, but many of them still have bigger economies than entire countries.
WSJ | More Seniors Living With Their Children, but Don’t Blame Recession
More seniors are living with their children these days, but don’t blame the slow U.S. economy. Blame demographics.
Café Hayek | Inequality in two graphs
I have written many times that the subsidies to Wall Street and its employees have distorted economic outcomes for a handful of folks relative to the rest of us. So I want to start by pointing out that there is at least one source of inequality that is destructive to democracy and capitalism.
