A very happy new year to everyone! Here are some readings to ring in the new year...
Economics & Finance
- Bill at Calculated Risk: Private Investment and the Business Cycle; Vehicle Miles Driven Decline: A possible contributing factor; Labor Force Participation: The Kids are Alright Part 2 [Bill also provides a helpful how-to link on "How do you put recession bars on graphs using Excel?"]
- Yves Smith at Naked Capitalism: Global Savings Glut or Global Banking Glut?
- Christina Romer in the NYT: A Financial Crisis Needn’t Be a Noose
- Richard Peach, Josiah Bethards and Joseph Song at Liberty Street Economics: Labor Force Exits Are Complicating Unemployment Rate Forecasts
- David Cay Johnston at Reuters: The corporations that occupy Congress; Where's the fraud, Mr. President?
- Menzie Chinn at Econbrowser: Regulatory Uncertainty, Macro Policy Uncertainty, and Demand
- Dave Altig at Macroblog: Uncertainty about uncertainty; Maybe this time was at least a little different? (regarding the failure of economic forecasting)
- Tara Sinclar at Econbrowser: Guest Contribution: US Federal Regulatory Budget and Macroeconomic Outcomes: What Do We Know?
- Cardiff Garcia at FT Alphaville: 'Tis the Seasonality, Hold the Jolly
- Barry Ritholtz at The Big Picture: Clouded Title - The Gross Illegality of MERS
- TaxProf Blog: CRS on Income Inequality (via)
- Mark Thoma at Economist's View: Peddling a False Narrative on the Financial Crisis
- Zsolt Darvas: A Tale of Three Countries: Recovery After Banking Crisis [focus on Iceland, Ireland and Latvia, via]
- Paul Krugman ay NYT: Debt and Growth in the G7
- David Romer: What Have We Learned about Fiscal Policy from the Crisis? (via)
- Bruce Bartlett in Economix at NYT: Cutting the Corporate Tax Rate Is No Economic Panacea
- Jake at Econompicdata: Consumers Don't Care About Savings Rates
- Louis Uchitelle in the NYT: Factory Jobs Gain, But Wages Retreat (via)
- Dean Baker in CEPR's Beat The Press: Robert Samuelson, Wrong Again
- Uneasy Money: Which Fed Policy is Boosting Stocks? (includes an interesting look at the link between inflation expectations and S&P 500 returns)
- Michael Panzner at Financial Armageddon: Buzzing Again (topic: "Heightened speculation about economic recovery...doesn't mean it will happen")
- Derek Thompson in The Atlantic: It's Beginning to Look a Lot Like 2009 in India (via)
Energy & Environment, Food Security, Climate Change