Econintersect: Click Read more >> below graphic to see today’s list.
The top of today’s reading list reports on research that indicates studying economics can pretty much turn you into a scumbag…….. and the last article disagrees with the argument some have made that the U.S. is nearly done with deleveraging. Both of these articles came from Australia’s Macro Business.
- Economics makes you selfish (Rumpelstatskin, Macro Business)
- Why Risk Tolerance Questionnaires Don’t Work (Allan S. Roth, Financial Planning)
- Is Debt Destroying Your Retirement Savings? (Eric McWhinnie, Wall St. Cheat Sheet)
- Has the Great Recession created behavioral changes in the labor markets? (Sober Look) In spite of the following graph employment recovery is pretty much as it has been in the past. It’s just that this time the fall in employment was much worse than previous recessions.
- The Revolt of the Lower Middle Class and the Stupidity of the Elites Hat tip to Roger Erickson. (Mike Lofgren, Truthout.org) Lofgren is a former Republican congressional staff member (for 28 years). Global Economic Intersection reposted one of his articles in September 2011.
- Poo power: How microbes in sewage can generate electricity to light up your home (Ellie Zolfagharifard, Daily Mail, 16 September 2013) Hat tip to Rob Carter.
- Margin Debt: Move Along, Nothing to See Here (Philosophical Economics) The only margin debt chart that you really need to see.
- United Nations to Adopt Asteroid Defense Plan (Clara Moskowitz, Scientific American) Earth is not prepared for the threat of hazardous rocks from space, say astronauts who helped formulate the U.N. measures.”
- India Seeks to Boost Foreign Currency Exchange (Marlene Y. Satter, ThinkAdvisor)
- US finished deleveraging? (Houses and Holes, Macro Business) “…doesn’t look over and done to me. Not at the state level either:”
Click on graph for larger image at Macro Business.
