{"id":199865,"date":"2010-01-19T11:10:13","date_gmt":"2010-01-19T16:10:13","guid":{"rendered":"http:\/\/blogs.wsj.com\/economics\/2010\/01\/19\/secondary-sources-fed-regulation-green-china-helping-haiti\/"},"modified":"2010-01-19T11:10:13","modified_gmt":"2010-01-19T16:10:13","slug":"secondary-sources-fed-regulation-green-china-helping-haiti","status":"publish","type":"post","link":"https:\/\/mereja.media\/index\/199865","title":{"rendered":"Secondary Sources: Fed Regulation, Green China, Helping Haiti"},"content":{"rendered":"<p><em>A roundup of economic news from around the Web.<\/em><\/p>\n<ul>\n<li><a href=\"http:\/\/blogs.reuters.com\/felix-salmon\/2010\/01\/19\/why-the-fed-should-regulate-banks\/\"><strong>Fed Regulation:<\/strong><\/a> <strong>Felix Salmon<\/strong> makes the case for why the Fed should regulate banks. &#8220;Anybody else given broad regulatory authority &#8212; and someone needs to have it &#8212; would need to work hand-in-glove with the Fed in any event, especially when it comes to questions such as the Fed paying interest on reserves. And there\u0092s no particular architectural reason not to give the Fed those powers &#8212; objection to the idea comes overwhelmingly from the fact that this Fed has made so many mistakes that people don\u0092t trust it to do the right thing in future. But the fact is that if you try to build a bank regulator from scratch, it will take decades to find its feet and learn from its mistakes. The Fed, with any luck, has reached that point now. Let\u0092s give it regulatory authority, and cross our fingers it uses them wisely.&#8221;<\/li>\n<li><a href=\"http:\/\/www.voxeu.org\/index.php?q=node\/4502\"><strong>Green China:<\/strong><\/a> On voxeu, <strong>Matthew E. Kahn<\/strong> and <strong>Siqi Zheng <\/strong>look at China&#8217;s environmental influence. &#8220;China\u0092s economic growth has profound environmental implications. This column estimates the household carbon emissions of China\u0092s major cities. Even in China\u0092s most polluting city, per household emissions are just one-fifth of those in San Diego, the greenest city in the U.S.&#8221;<\/li>\n<li><a href=\"http:\/\/www.marginalrevolution.com\/marginalrevolution\/2010\/01\/other-ways-to-help-haiti.html\"><strong>Helping Haiti:<\/strong><\/a> <strong>Tyler Cowen<\/strong> of Marginal Revolution offers way to help Haiti. &#8220;1. Repeal tariffs on Haitian sugar and lower remaining restrictions on Haitian garment imports. 2. Give expedited approval, in terms of food safety rules, to the importation of Haitian mangoes. 3. Set up a Term Loan Auction Facility for Haitians, or alternatively apply quantitative easing to the market for Haitian mud cakes.  It&#8217;s worked for every other macro problem.  Alternatively, get out the helicopter, I have heard worse ideas.  Stabilize Haitian nominal GDP! 4. Find someone from the government to give a radio address. 5. In Port-Au-Prince and environs, define squatter&#8217;s rights. 6. Invite Haitians to occupy the empty homes in the run-down parts of New Orleans. 7. Set up nearby charter cities which would welcome Haitian migrants. 8. Redefine the mission of Guantanamo to help Haiti.&#8221;<\/li>\n<\/ul>\n<p><strong>Compiled by <a href=\"mailto:philip.izzo@wsj.com\">Phil Izzo<\/a><\/strong><\/p>\n<p><a href=\"http:\/\/feedads.g.doubleclick.net\/~at\/aARU-Gs6Rnj5gtnB0DUsXtFuejs\/0\/da\"><img decoding=\"async\" src=\"http:\/\/feedads.g.doubleclick.net\/~at\/aARU-Gs6Rnj5gtnB0DUsXtFuejs\/0\/di\" border=\"0\" ismap=\"true\"><\/img><\/a><br \/>\n<a href=\"http:\/\/feedads.g.doubleclick.net\/~at\/aARU-Gs6Rnj5gtnB0DUsXtFuejs\/1\/da\"><img decoding=\"async\" src=\"http:\/\/feedads.g.doubleclick.net\/~at\/aARU-Gs6Rnj5gtnB0DUsXtFuejs\/1\/di\" border=\"0\" ismap=\"true\"><\/img><\/a><\/p>\n<div class=\"feedflare\">\n<a href=\"http:\/\/feeds.feedburner.com\/~ff\/wsj\/economics\/feed?a=eB5ApTGxwgI:ZeSaPJaU5Co:yIl2AUoC8zA\"><img decoding=\"async\" src=\"http:\/\/feeds.feedburner.com\/~ff\/wsj\/economics\/feed?d=yIl2AUoC8zA\" border=\"0\"><\/img><\/a> <a href=\"http:\/\/feeds.feedburner.com\/~ff\/wsj\/economics\/feed?a=eB5ApTGxwgI:ZeSaPJaU5Co:F7zBnMyn0Lo\"><img decoding=\"async\" src=\"http:\/\/feeds.feedburner.com\/~ff\/wsj\/economics\/feed?i=eB5ApTGxwgI:ZeSaPJaU5Co:F7zBnMyn0Lo\" border=\"0\"><\/img><\/a> <a href=\"http:\/\/feeds.feedburner.com\/~ff\/wsj\/economics\/feed?a=eB5ApTGxwgI:ZeSaPJaU5Co:V_sGLiPBpWU\"><img decoding=\"async\" src=\"http:\/\/feeds.feedburner.com\/~ff\/wsj\/economics\/feed?i=eB5ApTGxwgI:ZeSaPJaU5Co:V_sGLiPBpWU\" border=\"0\"><\/img><\/a> <a href=\"http:\/\/feeds.feedburner.com\/~ff\/wsj\/economics\/feed?a=eB5ApTGxwgI:ZeSaPJaU5Co:qj6IDK7rITs\"><img decoding=\"async\" src=\"http:\/\/feeds.feedburner.com\/~ff\/wsj\/economics\/feed?d=qj6IDK7rITs\" border=\"0\"><\/img><\/a>\n<\/div>\n<p><img loading=\"lazy\" decoding=\"async\" src=\"http:\/\/feeds.feedburner.com\/~r\/wsj\/economics\/feed\/~4\/eB5ApTGxwgI\" height=\"1\" width=\"1\"\/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>A roundup of economic news from around the Web. Fed Regulation: Felix Salmon makes the case for why the Fed should regulate banks. &#8220;Anybody else given broad regulatory authority &#8212; and someone needs to have it &#8212; would need to work hand-in-glove with the Fed in any event, especially when it comes to questions such [&hellip;]<\/p>\n","protected":false},"author":850,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[7],"tags":[],"class_list":["post-199865","post","type-post","status-publish","format-standard","hentry","category-news"],"_links":{"self":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts\/199865","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/users\/850"}],"replies":[{"embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/comments?post=199865"}],"version-history":[{"count":0,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts\/199865\/revisions"}],"wp:attachment":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/media?parent=199865"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/categories?post=199865"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/tags?post=199865"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}