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What We Read Today 01 February 2014

Econintersect: Every day our editors collect the most interesting things they find from around the internet and present a summary "reading list" which will include very brief summaries of why each item has gotten our attention. Suggestions from readers for "reading list" items are gratefully reviewed, although sometimes space limits the number accepted.

Today we on the U.S. and global employment and wage issues, plus credit and the economy in China and a deflation warning.

  • A Law Unto Themselves (Amar Bhide, City Journal, 30 January 2014) Amar Bhide has contributed to Global Economic Intersection. A powerful argument against the existence of control without accountability. Unaccountable control in public life and private has become an ever increasing problem.
Premiums for health plans on new state exchanges under the Affordable Care Act are comparable to - and in some cases lower than - those being offered by employers with similar levels of coverage, according to a study released Thursday by Price Waterhouse Cooper's Health Research Institute.

Read the comments which disagree with the author. See the actual report (free registration required).


  • China's sub-prime moment (House and Holes, Macro Business) The riskier tranches are collapsing (sse graph) but so far government is forcing banks to stand behind their products. But the author says China cannot continue to do this and also progress with rebalancing. See also Bloomberg News story.



  • When Good Models Go Bad (Jeff Miller, A Dash if Insight) Jeff Miller's weekly investing articles appear at GEI Investing, usually in the early am Sundays.


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