Monday, October 20, 2014

General Economics

Wall Street Journal | Gauging Economic Fear Factor
Gambia hasn’t had a single known Ebola case. But fears of the virus, and canceled flights, have led British bird-watchers to nix planned tours. Hotel bookings to that West African destination are down 65% across the board.
Wall Street Journal | China Growth Seen Slowing Sharply Over Decade
China’s growth will slow sharply during the coming decade to 3.9% as its productivity nose dives and the country’s leaders fail to push through tough measures to remake the economy, according to a report expected to come out Monday.
Washington Times | U.S. economy again drives global growth as top rivals falter
After a long, slow convalescence from the Great Recession, the U.S. economy has emerged this year as a major force for global growth for the first time in a decade, even as some of its top rivals struggle.

AEI | The US is $40 trillion ahead of China