What We’re Reading 10-7-11

The Fed’s ‘Twist’ Turns into a Problem for Pensions, Insurers and Households​, PIMCO

Policy Uncertainty Is Choking Recovery, Scott Baker, Nicholas Bloom and Steven Davis, Bloomberg

More Parents Finance Their Kids’ Mortgages, Sandra Block, USA Today

Stimulus Has Been a Washington Job Killer, John F. Cogan and John B. Taylor, The Wall Street Journal

Nearly Half of U.S. Lives in Household Receiving Government Benefit, Sara Murray, The Wall Street Journal

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Thank You Julia Child

You never know the power of a hand-written thank you note. I was reminded of this yesterday reading about a thank you note Julia Child wrote before her death. She thanked Roger Berkowitz, president … [Read More...]

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Tax Day: Top 20% Pay 80%

As if April 15th wasn't depressing enough the WSJ reminds us that the top 20% of earners pay 84% of the income tax. The bottom 20% get's paid by Uncle Sam. Who pays what in income taxes? With April … [Read More...]

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When Asset Booms Go Bust

Voxeu.org has a fitting post up for the economic times on the threat posed to the economy by deflation. Everything you read and hear from the mainstream media, which is of course force-Fed a diet of … [Read More...]