Econintersect: Click Read more >> below graphic to see today’s list.
The top of today’s reading list asks if economics is a science or a religion …….. and the last article discusses unemployment as a headwind for U.S. housing markets.
- Is Economics a Science or a Religion? (Mark Buchanan, Bloomberg) The author is a physicist. Guess what his answer is?
- It’s Time for Americans to Admit That We’ve Had a Coup d’etat (Paul Craig Roberts, AlterNet) Paul Craig Roberts has contributed to Global Economic Intersection.
- Historical Returns by Holding Period (Barry Ritholtz, The Big Picture)
Click on graph for larger image.
- Inmate in ‘the Hole’-for Practicing Journalism? (The Daily Beast) Seth Ferranti claims persecution.
- Collision Between Water and Energy Is Underway, and Worsening (Katherine Tweed, IEEE Spectrum) Hat tip to Naked Capitalism.
- Broke in the ’burbs (The Economist)
- Analysis of communities in a mythological social network (Pedro J. Miranda, Murilo S. Baptista and Sandro E. de S. Pinto, The Physics arXiv Blog, Cornell University Library) The social network of the Odyssey is analogous to modern social network increasing the possibility it is based on actual history. See also MIT Technology Review.
- American Dream Slipping as Homeownership at 18-Year Low (Prashant Gopal and Clea Benson, Bloomberg) Hat tip to Sig Sigmund.
- The crazy solution to the pension problem of businesses and local governments: Social Security Pension for All (Rodger Malcolm Mitchell, Monetary Solvency) Rodger Malcolm Mitchell contributes to Global Economic Intersection.
- Headwinds for the US housing recovery (Unconventional Economist, Macro Business) Unemployment is a bigger headwind for housing than is frequently recognized.
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