Econintersect: Click Read more >> below graphic to see today’s list.
The top of today’s reading list has Irwin Kellner’s description of the top 10 economic policy mistakes …….. and the last article is a discussion of how a fiat money banking system works from an article on a Ron Paul oriented website (Daily Paul Liberty Forum).
- Top 10 economic policy mistakes (Irwin Kellner, MarketWatch)
- UPDATE 1-Italy hikes deficit, debt targets to help economy (Guiseppe Fonte and Gavin Jones, Reuters) Hat tip to Roger Erickson. Note how the Italians are keeping their deficit projections conveniently just below the 3% of GDP Maastrich Treaty limit.
- Understanding Money (John H. Hotson, Living Economics Forum) Hat tip to Public Banking Institute. The difference between legal tender and credit is complex and critical to understand to establish monetary stability.
- The Dijsselbloem Principle (Felix Salmon, Reuters)
- Food Safety Modernization Act Testing Requirement Axed In White House Review (Joe Satran, Huffington Post) Arguing about the value of life. Hat tip to Russell Huntley.
- Meet The Yale MBAs Trying To Tame The Marijuana Industry (J.J. Colao, Forbes) Hat tip to Alun Hill.
- Yahoo buys start-up run by British teen for millions (NBC News Wire Service)
- How the Higgs Boson Might Spell Doom for the Universe (Saswato R. Das, Scientific American)
- Don’t Forget the Geopolitics of Cyprus (Mohamed El-Erian, Linked In)
- How Banking Actually Works In Fiat World (BILL3, Daily Paul Liberty Forum) Hat tip to Roger Erickson.
