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What We Read Today 28 March 2015

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 (and sometimes longer ones) of why each item has gotten our attention. Suggestions from readers for "reading list" items are gratefully reviewed, although sometimes space limits the number included.

This feature is published every day late afternoon New York time. For early morning review of headlines see "The Early Bird" published every day in the early am at GEI News (membership not required for access to "The Early Bird".).


Every day most of this column ("What We Read Today") is available only to GEI members.

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Oil Prices Rise as Yemen Burns (Oil and Energy Investor Staff)  The crisis in Yemen has provided a stark reminder of the immediate impact geopolitical events can have on oil prices.  In the wake of the Saudi-led airstrikes, West Texas Intermediate (WTI) jumped over 6% in less than 18 hours. Meanwhile, Brent climbed more than 5%.  The volatility in oil is likely to continue, says GEI guest contributor Dr. Keith Moors in a CNBC interview:


Articles about events, conflicts and disease around the world









This chart tells the entire story of the US housing recovery (Business Insider)  Yes, there has been 4% increase in the number of households simce 2006 but the number of households living in owner-occupied homes has declined by almost 2%.  All of the household gains 2006-2013 has been in rentals.  It's been a housing recovery for landlords.


Graphics: Europe's asylum seekers (BBC News)




Excuse me while I kiss the sky (The Economist)


Towers of Babel (The Economist)  Is there such a thing as a skyscraper curse?


Other Economics and Business Items of Note and Miscellanea

The Economics of Religious Freedom Bills (The Atlantic)  Legislation signed in Indiana this week could allow businesses to discriminate against same-sex couples. Other companies are hitting back.

Transcript: President Obama discusses 'middle-class economics' during Birmingham speech (Fox)

George Will: Who says economics is hard? (News OK)

The Problem With (Some but Not All) Economics (Huffington Post)  Bottom line:  Micro good, macro bad.  A book review (sort of) for The Undercover Economist by Tim Harford.

Harvard economics professor affirms the value of education (The Red & Black)  Advancing technology advances the need for higher education.

Grand Central: Lockhart Explains How He Became Fed’s ‘Bellwether’ (The Wall Street Journal)

Chinese Ivory Trade (Snap)  Discussion of the economic drivers involved.

The economics of deflation - speech by Ben Broadbent (Bank of England)  Excellent - we will do more with this one.

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