FISCAL FOLLIES -- DECEMBER 2013 CONTINUING RESOLUTION
In budget deal, a secret reward for Dems (Erik Wasson, The Hill, 12/15).
Budget deal shows the GOP has PTSD (Marc A. Thiessen, The Washington Post / WP Opinions, 12/16).
Budget Deal Faces Uncertain Senate Vote Tuesday (Caitlin Huey-Burns, RealClearPolitics, 12/16).
The Budget Deal Stabilizes Nothing (Gene Epstein, Barron's / Economic Beat, 12/14).
Boehner’s budget good step for GOP future (Linda Chaves, New York Post, 12/13).
Budget deal is just a start (Erskine Bowles and Alan Simpson, Los Angeles Times / Opinion, 12/13).DEFICITS AND DEBT
Sequester May Have "Governed By Crisis" But It Worked (Editorial, Investors.com, 12/13).
For Paul Ryan And The Republicans, Tomorrow Is The Day That Never Comes (John Tamny, Forbes, 12/15).FACTION
Nostalgia for the ‘Do-Nothing’ Congress (Albert R. Hunt, Bloomberg / Opinion, 12/15).ECONOMIC REPORTS
Happy days are here again, and we can thank Obama (Tom Keane, The Boston Globe / Opinion, 12/15).
Do you trust the November jobs report? (Wayne Allyn Root, MarketWatch, 12/16).ECONOMICS 101
What the Rest Really Should Learn From the West (Pankaj Mishra, Bloomberg / Opinion, 12/15).THE NATURE OF POLITICS
The Question at the Heart of the Democratic Schism Should the burden of proof be on reformers—or on vested interests? (Noam Scheiber, New Republic, 12/15).
Why Banking Systems Succeed -- And Fail: The Politics Behind Financial Institutions (Charles W. Calomiris and Stephen H. Haber, Foreign Affairs, Nov/Dec 2013).REVENUE-SIDE REFORM
Tax reformers see hope in budget deal (Bernie Becker, The Hill, 12/15).MIXED-SIDE AND REGULATORY REFORM
The Volcker Rule: Wins, Losses and Toss-ups (Alexis Goldstein, The Nation, 12/13).MOBILITY AND EQUALITY OF OPPORTUNITY
Why Inequality Matters (Paul Krugman, The New York Times / Opinion Pages, 12/15).
A Dozen Facts about America's Struggling Lower-Middle Class (The Hamilton Project, December 2013).
Ezra Klein Misses the Mark: Inequality and Unemployment Are the Same Problem (Center for Economic and Policy Research, 12/14).
We Are Not All in This Together (Shamus Khan, The New York Times / The Opinion Pages, 12/14).GOVERNMENT FINANCE AND FINANCIAL POLICY
Lawrence Summers: Stagflation is not our fate — unless we let it be (Lawrence Summers, The Washington Post / WP Opinions, 12/15).
Has the Fed Been Fueling Bubbles? You Be the Judge (Josh Boak, RealClear, 12/16).PUBLIC PENSIONS
Deadbeat Governments (James Surowiecki, The New Yorker / The Financial Page, 12/23).GLOBAL ECONOMY -- JAPAN
Yen to decline by ‘whatever it takes’ to awaken Japan (David Marsh, MarketWatch, 12/16).GLOBAL ECONOMY -- GERMANY
Germany’s Coming Downgrade (Sylvester Eijffinger and Edin Mujagic, Project Syndicate, 12/16).GLOBAL ECONOMY -- MEXICO
North America to Drown in Oil as Mexico Ends Monopoly (Joe Carroll and Bradley Olson, Bloomberg / Sustainability, 12/16).GLOBAL ECONOMY -- THAILAND
Them Ol'middle class Bangkokian blues (Voranai Vanijaka, Bangkok Post / Opinion, 12/15).
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