Economics Links–06.20.08
by Sean Hackbarth
- Two former Bear Sterns hedge fund managers were arrested for fraud. [via Free Exchange]
- Brad Setser sees the rise in oil prices and the dropping value of the dollar as due to a relatively sluggish U.S. economy.
- Total workers’ compensation (not simply wages) does appear to be following productivity growth. [via Mark Perry]
- Ian Dew-Becker and Robert J. Gordon see more progressive taxation as the only way to fix American income inequality. Arnold Kling offers a different story.
- The idea of Congress setting oil prices is alive and well. Central planning will never die.
- Mike Shedlock doesn’t think much of Sen. Joe Lieberman’s plans to regulate commodities speculation.
- Why bananas are so cheap makes for an interesting story (heck, an interesting book).
