Sunday, August 29, 2010

Today's Best Reads

1--Quantitative easing helps financial institutions not the real economy, Yves Smith Naked Capitalism

2--Nonsense from Deficit Hawks Threatens to Keep Tens of Millions Needlessly Unemployed, Dean Baker, CEPR

3--Slack Could Lead to Sharper Inflation Decline, Jon Hilsenrath, Wall Street Journal

4--US slashes estimate of second-quarter economic growth, Barry Grey, Global Research

5--The business cycle lives, Henry Liu, Asia Times

6--Austerity fails the policy test, Henry Liu, Asia Times

7--Why capitalism fails, Stephen Mihm, (summary of Minsky's work)

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