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Tuesday, February 11, 2014

General Economics

News                                                                                                                             
CNN Money | Can the government get us to save more for retirement?
Millions of Americans aren't saving enough for retirement, prompting Congress and even the President to propose ways to help workers save. But can the government really help us save more?
Bloomberg | Home Prices Rose in Fewer U.S. Markets in Fourth Quarter
Prices for single-family homes rose in 73 percent of U.S. cities in the fourth quarter, fewer than in the previous three months, as surging values in the past two years started to reduce affordability.
Market Watch | NFIB index of small-business optimism ticks up
A gauge of optimism among small businesses ticked up one-fifth of a point to 94.1 in January, led by sales expectations and hiring plans, according to data released Tuesday.

Econ Comments & Analysis                                                                                            
Forbes | Truth And Consequences for Krugman, And Keynes, And Obama
Just about one year ago, on February 8, 2013, New York Times columnist and unreconstructed Keynesian Paul Krugman was interviewed by another lefty, Marc Lamont Hill, on Huff Post Live, the Huffington Post website.
Fortune | Can free community college save the U.S. economy?
Tennessee Governor Bill Haslam certainly seems to think so.
Washington Times | Upward mobility still alive and well
One of the most important principles underlying the American dream is upward mobility — the ability to move up the income ladder. The freedom to build a better life for yourself and your family fuels the dreams not only of immigrants who came here to live, but of those born here as well.
Market Watch | U.S. economy: Up, down or sideways?
January’s much-anticipated labor-force figures do not give a clear indication of which way the economy is heading.
Mercatus | The Consequences of Regulatory Accumulation and a Proposed Solution
While every American president for the past 30 years has embraced the notion of performing economic analysis on new regulations before their implementation, no president has successfully reexamined the enormous stock of previously existing regulations that he inherited nor materially altered the growth of the stock of regulations.

Blogs                                                                                                                             
WSJ | OECD’s Financial Crisis Projections Couldn’t Be Too Pessimistic
Predicting the future is a difficult job at the best of times. But it’s even tougher if you are a publicly funded body that fears its predictions may make a bad situation even worse.
CATO | Fast Track Fallacies Knee-Capping the Trade Agenda
Media have been reporting lately about the public’s burgeoning opposition to the Congress granting President Obama fast track trade negotiating authority. Among the evidence of this alleged opposition is a frequently cited survey, which finds that 62 percent of Americans oppose granting fast track to President Obama.