TODAY’S recommended economics writing:
• “Where you getting all this economic freedom all the sudden Canada? Just happen to find it laying around in the snow somewhere? Well it turns out we’ve recently misplaced a good deal of it around here. A little suspicious if you ask me.” (Modeled Behavior)
• Do Americans have a “deep vestigial sense of proportion”? (Economix)
• Power corrupts, but it only corrupts those who think they deserve it. (The Economist)
• The Dow is off 5.2% over the last three days. Bad economic news and bank policy announcements are partially to blame, but I suspect markets are getting increasingly nervous about this talk of abandoning Ben Bernanke. (Wall Street Journal)
• If American metropolitan economies were national economies… (Streetsblog Capitol Hill)