Recommended Readings

More

Why the job market feels so dismal. Edward Lazear, WSJ. A clear account of how jobs turn over in a healthy economy. The problem now is not layoffs but the slow pace of hiring.

US housing starts drop in April. Shannon Bond, FT. "Homebuilder confidence has stalled at extremely low levels." See also: Rent or buy. David Leonhardt, NYT. With prices depressed, is buying a house now a good investment? Maybe--depending on where you live, your appetite for risk and your stage of life. James Kwak has some further discussion, and links to an excellent, thorough analysis of the costs and benefits of buying or renting by Jordan Rappaport of the Kansas City Fed: The effectiveness of home ownership in building household wealth.

The federal role in dealing with state and local pension problems. Douglas Elliott, Brookings Institution. Some states may be delaying action in the hope that the feds will come to the rescue. They are likely to be disappointed.


Jump to comments
Presented by

Clive Crook is a senior editor of The Atlantic and a columnist for Bloomberg View. He was the Washington columnist for the Financial Times, and before that worked at The Economist for more than 20 years, including 11 years as deputy editor. Crook writes about the intersection of politics and economics. More

Crook writes about the intersection of politics and economics.

Get Today's Top Stories in Your Inbox (preview)

Sad Desk Lunch: Is This How You Want to Die?

How to avoid working through lunch, and diseases related to social isolation.


Elsewhere on the web

Join the Discussion

After you comment, click Post. If you’re not already logged in you will be asked to log in or register. blog comments powered by Disqus

Video

Where Time Comes From

The clocks that coordinate your cellphone, GPS, and more

Video

Computer Vision Syndrome and You

Save your eyes. Take breaks.

Video

What Happens in 60 Seconds

Quantifying human activity around the world

Writers

Up
Down

More in Business

Just In