Government report: Data mining doesn’t work well CNet. As in, the anti-terrorist type, We could have told you that ages ago based on the experience of retailers.
Pakistan facing bankruptcy Telegraph
The GOP Peddles Economic Snake Oil Thomas Frank, Wall Street Journal
Fiscal expansion? Not so fast Michael Pettis, China Financial Markets
Why JK Galbraith Got It Right Telegraph. On Dick Fuld and 1929.
Fed Watch: Only the Timing is in Doubt Tim Duy, Economist’s View
Skill-Based or Bubble-Based Wage Differentials? Mark Thoma, Economist’s View. Great question, but why is it being asked only now?
Why Federal Reserve Policy Is Failing Thomas Palley
Antidote du jour: