Human line ‘nearly split in two’ BBC and Humans nearly wiped out 70,000 years ago, study says CNN. Note the difference in emphasis.
Does economics make you selfish? Greg Mankiw. The evidence can be read that way…..
The cost of a lifeline: Humbled financial groups brace for more regulation Gillian Tett and Krishna Guha, Financial Times. The piece provides a good overview, and also makes clear how hard it will be to achieve meaningful reform in the absence of an uncontrolled meltdown (say a credit default swaps crisis) that would blow away the impediments to a major overhaul.
Mark Hulbert: Contrarian analysis no longer as bullish on gold Marketwatch
Study Shows Suicide Rates Significantly Higher Among Veterinarians PhysOrg
Antidote du jour:
Adapting to the state’s growing role in global equity markets Brad Setser
The case for 2-1/4 James Hamilton, Econbrowser. Hamilton is right, of course, but will the Fed lister?
Richard Kline 
Posts
I have read Jim Hamilton’s blog post on this over at Econbrowser, and I could not agree with him more strongly. But like you all, I think the Fed will cut regardless.
Separately, Hamilton has a very interesting post regarding potential drivers and conditions leading to the surge in commodity prices over the last four months. I strongly recommend reading this, and all of the comments which contain some very well formed arguments as well. I found there my own unarticulated view to wit: with price and demand curves in the commodities in question being both extremely steep, rather inelastic in the near term (barring sharp economic slowdowns), and potentially nonlinear, speculative purchases small by comparison to the overall market could nevertheless induce nonlinear price spikes. The ‘missing inventory hoarding’ consideration is not well conceived. If you consider a ‘natural baseline’ price for, say oil, at ~$90 a barrel, +/- $5, we only have a 30% run-up. Rice has doubled, but very little of it trades on the open market making for extreme supply inelasticity, so a doubling of price on what is traded is not a WTF event.
. . . Anyone who is interested, just read the discussion at Hamilton’s fine blog.