My morning recon:
• The Fed’s Soft Launch of QE3 (WSJ) see also With Output Stumbling, Fed Takes a Modest Step (NYT)
• A Functional Congress Wouldn’t Have to Depend on Bernanke (Bloomberg)
• How to Make Jobs Disappear (NYT Magazine)
• More 2,000 years in a single graphic (Economist) but see The Economic History of the Last 2000 Years: Part II (Atlantic)
• Housing Prices Rise, but Not for Everyone (WSJ)
• Public Workers Face New Rash of Layoffs, Hurting Recovery (NYT) see also Quote of the Day: Government Cutbacks are Hurting the Recovery (MoJo)
• THE QUEST FOR YIELD (PART 7): WHAT ABOUT BONDS? (Dash of Insight)
• Why Sports and Sports Economics Matter (Blog of Diminishing Returns)
• Kristoff: In Iran, They Want Fun, Fun, Fun (NYT)
• Consensual Failure (Macro Man) see also Egyptians Dismayed to Learn They Imported Democracy from Florida (Borowitz Report)
What are you reading?
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Fed Warns of Risk to Economy
Source: WSJ
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