Economics Links–05.20.08

by Sean Hackbarth
  • Without the oil companies the S&P 500 would have had its worst profits drop in a decade.
  • A more multi-polar world means the global economy doesn’t automatically go into the tank if the U.S. or Europe does.
  • Congratulations. Yesterday, your work finally paid for this year’s government spending.
  • James Pethokoukis has five ideas to boost the economy.
  • The buffet table is the embodiment of centuries of capital accumulation and innovation. It’s a tasty symbol of capitalism’s success. [via Mark Perry]
  • Daniel Gross doesn’t think the Fed can do much about bubbles.
  • Sometimes the only fun an economist can have is playing with acronyms. What’s the best way to describe the U.K. economy: NICE; VILE; or VINE?
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