What Makes a Nation Rich?

I think this is the best article I had read of the year. An article about institution, economic growth, and US foreign affairs from Daron Acemoglu.

Bob Shiller on the Economic Recovery

The ghost in the recovery machine.

Time Series of the US Political Spectrum

From WSJ.

Health Care Systems in Other Countries

PBS made a great program about helath care systems in UK, Japan, Taiwan, Germany and Switzerland.

Surprising and Interesting Freakconomics

The Impact of Minimum Wage Rates on Body Weight in the US.
NBER and SSRN.
In short, declining real minimum wage --> fast food stores prosper --> more obesity.

The Fed Is Already Transparent

By Anil Kashyap and Fred Mishkin

Market Prices for Health Care

I found a good website (Healthcare Blue Book) to real the market prices of health care services.
WSJ also have a good survey.

Efficient Market Theory and the Crisis

Jeremy Siegel makes it clear for this issue.

East Asian Production Networks, Global Imbalances, and Exchange Rate Coordination

A good analysis by Willem Thorbecke.

Business Fends Off Tax Hit

From WSJ.

Obama's Report Card

By Alan Blinder.

SuperFreakonomics

The final chapter of Superfreakonomics casues a lot of debates recently.
Two stars in economics get involved: Krugman vs Levitt.

Greenspan Says U.S. Should Consider Breaking Up Large Banks

From Bloomberg.

China Steps Into Futures Markets

From WSJ.

Eric Maskin on Financial Crisis

Economic Theory and the Financial Crisis by Eric Maskin, Nobel Prize Winner of 2007.

Boeing's dreamliner Production

An interesting story.

Economics Nobel 2009

Elinor Ostrom and Oliver Williamson got the Nobel Prize of Economics in 2009.
Michael Spence had a good introduction.
To be honest, I never heard these two scholars. But when I check in Google Scholar, I understand why. Williamson's work got 18669 citations!!!

China’s Dollar Problem

By Kenneth Rogoff.

Kocherlakota to be the Minneapolis Fed President

The new president is the same economist in my previous post.
Here is the WSJ article; here is Mankiw's comment.

Kocherlakota's Thoughts on the State of Macro

UM's Kocherlakota in-depth comment on the state of macroeconomics.

Ed Glaeser: Ugly Truths About Housing

Here.

Joseph Stiglitz: Rethink GDP fetish

Here.

John Cochrane’s Response to Paul Krugman

How did Paul Krugman get it so wrong?
And Krugman's response.

The Economic Impact of The 2009 Stimulus

Here from CEA.

Russell's Business Cycle Index: No Double-Dip Recession

Here from econbrowser, based on Qual VAR model from Mike Dueker.

Rusell's Helping Advisor provides a good economic recovery dashboard.

Obama to Impose Tariffs on Chinese Tires

Here.
updated: Earlier analysis and China's backlash.

Default Risk of China

Chinese defaults worry foreign banks from WSJ.

Obama’s Health Care Speech to Congress

Health care reform speech to congress by President Obama.
I predict that Obama's health care reform bill will be passed in this year.

Econ Major is Good, Again!

Econ major is very good and rewarding as usual.

20 Things For Free

Pretty good suggestion.