Econintersect: Click Read more >> below graphic to see today’s list.
The top of today’s reading list reports that sequestration cuts in 2014 will take a deeper bite than in 2013 …….. and the last article shows that housing inventory for the year looks more like the pattern of 2010 than eith of the two more recent years.
Automatic Spending Cuts Would Bite More In 2014 (Andrew Taylor, AP, Huffington Post)
Employers boost company 401(k) match, relax eligibility requirements (Andrea Davis, Employee Benefit News)
What can we learn from the Depression? (C.R., The Economist)
How Badly has the U.S. Economy Been Damaged? (John Cassidy, The New Yorker)
Defending rational expectations (Simon Wren-Lewis, Mainly Macro)
Science and Its Skeptics (Gary Marcus, The New Yorker)
World Markets Weekend Update: The Rally Resumes (Doug Short, Advisor Perspectives dshort.com) Doug Short contributes to Global Economic Intersection. Well, Hong Kong and Shanghai haven’t exactly been rallying.
The key to understanding the future of QE3, and the future of our economy (Fabius Maximus) Fabius Maximus has contributed to Global Economic Intersection.
Meet Your Taxpayer-Subsidized Farm Bill Billionaires! (Jason Linkins, Huffington Post)
Weekly Update: Housing Tracker Existing Home Inventory up 2.2% year-over-year on Nov 11th (Bill McBride, Calculated Risk) Housing inventory on a different track in 2013.