Plans to Increase Transparency, from Greg Ip. Mark
Thoma provides background.
Question of the Day: Yes, they try to teach economics to 6th-graders. And
yes, they do a very bad job of it.
economics of speaking Welsh
right side of reality: Jonathan Birchall on Authenticity:
The fundamentally fake construction of a modern urban “farmers’
market” supports its patrons’ self-identity and is as authentic
an experience as a trip to Disneyland. Products from Kraft cheese slices to
cans of Arizona sweet tea clamour to be “real”, creating a seemingly
limitless supply of inauthenticity.