Anthropologist Levi-Strauss dies BBC
The Fed Thoughtfully Strokes Its Beard, Flaps Its Gums Annaly Salvos (hat tip reader Scott)
About to think the unthinkable Wolfgang Munchau, Eurointelligence
Prichard Alabama Files Bankruptcy Over Pensions; Wildcat Strike In Philadelphia; Oregon’s Financial Gamble Michael Shedlock
Fears of a New Bubble as Cash Pours In Wall Street Journal. It is telling that the article describes this as something that the authorities worry will happen, as opposed to is happening.
Pull the plug on the Afghan surge Financial Times
Second Law of Thermodynamics May Explain Economic Evolution PhysOrg (hat tip reader pls)
Wilbur Ross: Commercial Real Estate Crisis Still Looms Boom2Bust
The Coming Collapse of the Municipal Bond Market Phil Greenspun (hat tip reader Dwight)
Should central banks be quasi-fiscal actors? Willem Buiter
Antidote du jour:







The only way that picture could be better is if someone photoshopped some light sabers into it.