Deje Vu on the Housong Market

Hamilton on China's housing market based on this research.

Economic Reform Doesn’t Produce Democracy

Note to China: Economic Reform Doesn’t Produce Democracy from IMF working paper.
In summary: Democracy has a positive and significant impact on the adoption of economic reforms but there is no evidence that economic reforms foster democracy.

Change in the US Employment Dynamics

The article provides one explanantion of US jobless recovery from Econbrowser.

Inside the iPhone

An insightful analysis of supply chain of iPhone.