Friday, November 21, 2014

General Economics

Market Watch | Consumer prices flat in October as gas tumbles
Plunging gasoline prices offset increases in housing, medical care and airline fares to keep the cost of living for U.S. consumers unchanged in October.
CNN Money | America's part-time economy
The West Coast isn't a dreamy place for many workers. Millions of Americans are languishing there in part-time jobs with no other options.

Econ Comments & Analysis                                                                                            
Wall Street Journal | How the ‘Reserve’ Dollar Harms America
For more than three decades we have called attention on this page to what we called the “reserve-currency curse.” Since some politicians and economists have recently insisted that the dollar’s official role as the world’s reserve currency is instead a great blessing, it is time to revisit the issue.