Econintersect: Click Read more >> below graphic to see today’s list.
The top of today’s reading list tells us the industrial production in the U.S. has been growing twice as fast as GDP …….. and the last article discusses a proposed new banking function for UK post offices.
- Productivity, “reindustrialisation” and the US profit share (Kate Mavkenzie, FT Alphaville) U.S. industrial production has grown at least twice as fast as GDP since the start of the recovery.
- France Has Its Own Currency Again (Paul Krugman, The New York Times) Can a country be TBTF?
- The Un-FDR Doth Protest Too Much. (Roger Erickson, Mike Norman Economics) Roger Erickson is a contributor to Global Economic Intersection.
- The ‘Rain Tax’ (Blair Lee, Gazette.net) Hat tip to Russell Huntley.
- Why Americans Are So Ignorant — It’s Not Only Fox News, There Are Some Understandable Reasons for it (by Lawrence Davidson, AlterNet) Hat tip to Roger Erickson, Mike Norman Economics. Ideologies and social pressures are major sources of ignorance.
- How Mrs Thatcher smashed the Keynesian consensus (G.I., The Economist)
- A Fistful of Lindens (Katherine Ward, The New York Times) A long list of alternative currencies.
- What Bitcoin Is Teaching Us (Jeffrey Tucker, Laissez Faire) Sounds like the best thing since tulip bulbs. See articles at GEI News.
- Here’s Why Bitcoin Speculators Are Just Laughing At Anyone Who Calls It A Bubble (Henry Blodget, Business Insider) Not everyone is negative.
- Post Office to offer current accounts (Elaine Moore, Financial Times) Current accounts are essentially rapid turn-over accounts for business which often also include checking. An estimated 20 million Brits could use the Post Office for making payments to businesses.
