Global Stocks Drop 20% Into Bear Market, Lynn Thomasson and Michael Patterson, Bloomberg

The Spend Now, Tax Later Jobs Bill, Alan Reynolds, The Wall Street Journal

Obama’s Tax Morass, Daniel Henninger, The Wall Street Journal

The Real Effects of Debt, Stephen G Cecchetti, M S Mohanty and Fabrizio Zampolli, BIS

In Pockets of Booming Brazil, a Mint Idea Gains Currency, Paulo Prada, The Wall Street Journal

A Little Inflation Can Be a Dangerous Thing, Paul A. Volcker, The New York Times

Buffett’s Dad Was the Ron Paul of His Day, Philip Klein, The Washington Examiner