Econintersect: Click Read more >> below graphic to see today’s list.
The top of today’s reading list is a Ben Bernanke journal article reviewing the 100 year history of the Federal Reserve …….. and the last article discusses the fact that the Fed has been purchasing more MBS than are being created.
- A Century of US Central Banking: Goals, Frameworks, Accountability (Ben S. Bernanke, Journal of Economic Perspectives) A “Great” review of central banking history.
- The Life Choices of Wealthy Men (Elliott Morss, Morss Global Finance) Elliott Morss contributes to Global Economic Intersection. This is first in a series of articles tracking the life choices of 17 individuals.
- The Life Choices of Wealthy Men, Part Two (Elliott Morss, Morss Global Finance) Elliott Morss contributes to Global Economic Intersection. This is second in a series of articles tracking the life choices of 17 individuals.
- Wal-Mart’s Employee Food Drive Reveals What’s Wrong With America (Henry Blodget, Business Insider)
- ‘Not to share wealth with poor is to steal’: Pope slams capitalism as ‘new tyranny’ (RT Question More) Hat tip to Russell Huntley.
- Supreme Court takes Hobby Lobby case (Mark Sherman, Life Health Pro) Another test of the “personhood” of corporations. If personhood of corporations extends to the point that the corporations can enforce all the social opinions of owners, then shouldn’t owners also incur all the personal liabilities of the corporation?
- The State of the US Economy (Sam Ro, Business Insider)
- Anthropogenic emissions of methane in the United States (Scot M. Miller et al, Proceedings of the National Academy of Sciences) Methane emissions in the U.S. are double official EPA estimates. Read also summary from AP science writer Seth Borenstein in R&D.
- How MF Global’s ‘missing’ $1.5 billion was lost — and found (Roger Parlofff, Fortune)