Tuesday, October 25, 2011

Morning Journal--What Occupy Wall Street has right and what it has wrong


Economics

This Week’s Data

Other


We don’t see many articles like (bullish on America); so I thought it worth including (and thinking about) (medium):
http://www.telegraph.co.uk/finance/comment/ambroseevans_pritchard/8844646/World-power-swings-back-to-America.html

Here is another stab at explaining the declining median household income in the US (short):
http://mjperry.blogspot.com/2011/10/could-aging-population-explain-income.html

China’s PMI improves (short):
http://pragcap.com/chinese-pmi-shows-expansion-in-october


Politics

Domestic


Greg Mankiw on problems to avoid (medium):
http://www.nytimes.com/2011/10/23/business/financial-lessons-from-four-nations.html?_r=1

What Occupy Wall Street has right and what it has wrong (today’s must read):
http://www.foreignaffairs.com/articles/136609/russ-roberts/occupy-wall-street-and-washingtons-history-of-financial-bailouts

Obama’s latest attempt to revive housing (medium):
http://www.zerohedge.com/news/got-hundred-bucks-buy-home-or-virtually-anything-else-using-2000x-non-recourse-leverage