- What Obama Wants, By PAUL KRUGMAN: “In last weekend’s presidential address… Mr. Obama had this to say about the economics of the budget: “Government has to start living within its means, just like families do…” No, the government shouldn’t budget the way families do; on the contrary, trying to balance the budget in times of economic distress is a recipe for deepening the slump.
- E.P.A. Issues Tougher Rules for Power Plants. See also E.P.A. Chief Stands Firm as Tough Rules Loom
- Building Boom in China Stirs Fears of Debt Overload: “With China, you have the ultimate ‘this time is different’ syndrome,” Professor Rogoff said. “Economists say they have huge reserves, they have savings, they’re hard-working people. It’s naïve. You can’t beat the odds forever.”
- A review of my cartoon micro book by Joshua Gans’s 10-year-old son!
- How to Solve China’s Gender Imbalance? The ‘Babe Tax’
- Beijing air pollution monitor from the U.S. Embassy, with more about the Air Quality Index. See also this parody from the infamous “crazy bad” posting in November 2010.
- Big Business Leaves Deficit to Politicians. See also The Rock and the Hard Place on the Deficit, by CHRISTINA D. ROMER, Still ‘Far Apart’ on Debt, 2 Sides Will Seek Broader Cuts and Presidential Candidates Warn About Debt Deal
- As Plastic Reigns, the Treasury Slows Its Printing Presses. (For macro book)
- Australia Proposes Carbon Trading Plan, Again: “For the 500 companies — which would include mining giants with operations in Australia like BHP Billiton, Rio Tinto and Xstrata — the government has set a price of 23 Australian dollars, or $24.70, for each ton of carbon dioxide emitted starting July 1 of next year, rising 2.5 percent annually before shifting in 2015 to a market-driven trading program.”
- An Online Scandal Underscores Chinese Distrust of State Charities
- Oxfam Predicts Climate Change will Help Double Food Prices by 2030 (I’m not sure I agree, so let’s see in 2030 🙂
- Argentina Hopes for a Big Payoff in Its Shale Oil Field Discovery: “The potential is huge, on the order of hundreds of billions of barrels of recoverable reserves,” said Michael C. Lynch, president of Strategic Energy and Economic Research, a consulting firm, who is preparing a report on global shale oil. [How much is hundreds of billions of barrels? It’s on par with Saudi Arabia and Canada.]
- Six reasons [for BC] to delay joining California’s cap-and-trade program, By Mark Jaccard And Hadi Dowlatabadi, Vancouver Sun
- Essential iPhone Apps for China Expats, 7 Great iPhone Apps for Foreigners in China, 10 fantastic iPhone apps for your China life
- How The Great Firewall of China Works (not blocked by the censors! …although the YouTube video of course is), and Tunnel Through the GFW with 12vpn
- In Ohio, a New Governor Is Off to a Smooth Start
- U.S. Airlines Challenge European Emissions Rule
- Obama’s Position on Gay Marriage Faces New Test. See also Gay Bells in Bondage
- Married, With Infidelities (about Dan Savage and his Savage Love column)
- Fire Up the Grill, Not the Atmosphere. ???
- As California delays its carbon pollution trading program for a year, China speeds up its embrace of cap-and-trade. Reporting from China, my strong suspicion is that this is not true.
- Boeing Labor Dispute Is Making New Factory a Political Football
- Tiantongyuan, my home in China
- Plan Issued to Save Northern Spotted Owl (for ENVIR 100?)
- China’s Struggle With Inflation Continues as Price Index Rises: “The price of pork — a major food staple in China — rose 57 percent in June alone…” (yes, but food prices are volatile)
- Sheila Bair’s Bank Shot (her exit interview from being head of the FDIC)
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