The best of the rest of the economics web
TODAY'S recommended economics writing:• Economists are overwhelmingly in agreement on the science and appropriate policy reponses to global warming, says New York Times blog Green Inc., which may or may not be read by the authors of New York Times [...]
What's really behind a book price war?
JAMES SUROWIECKI'S latest column is on the bestselling book price war developing between Amazon and Wal-Mart, involving a handful of the most popular titles (he adds additional thoughts on the subject in a blog post here). Mr Surowiecki walks readers through a [...]
High unemployment? No problem, says Bernanke.
THE Federal Reserve just released the Federal Open Market Committee's November statement, which reads:Information received since the Federal Open Market Committee met in September suggests that economic activity has continued to pick up. Conditions in financial markets were roughly unchanged, on balance, over [...]
A Wednesday quiz
THAT is the name of an online quiz, located here, which tests whether you can name the correct famous economist corresponding to a brief clue. The quiz is timed. Alex Tabarrok got all of the answers in 49 seconds. It took me much longer because I [...]
Are we too worried, or just worried about the wrong things?
COMES from David Leonhardt:[I]t’s a good time to remember that when an economy is just coming out of recession, its weaknesses are always more obvious than its potential strengths.Mr Leonhardt joins the emerging contrarian trend of writers suggesting [...]
Recovery continues, slow and uncertain
THERE are several pieces of economic news out today. Tell me what you see:- The ADP employment report showed an employment decline of 203,000 in October, down from 227,000 in September, but a bit more than the 198,000 that was expected.- But in the [...]
Lousy job prospects keep kids in school
TO MANY American workers, the above headline would seem like a terrible joke. Long-term unemployment, combined with the prospect of near-permanent contraction in labour forces in key sectors like manufacturing and construction, means that a large cohort of workers will emerge from [...]
