Economics Links–08.01.08

by Sean Hackbarth
  • Commodities prices fell faster in July than at any other time in 28 years. Are we seeing another bubble burst?
  • The Wall Street Journal editorial board finds Phil Gramm was right, Ben Bernanke listened too much to Wall Street, and Washington doesn’t have real answers to energizing the economy.
  • Daniel Ikenson notices on trade the Democrats in Congress care more about enforcing trade deals than making trade more free.
  • Russia plans to centralize almost 50% of its grain exports into a organization that would look a lot like Gazprom.
  • Larry Lindsey takes on Henry Paulson for pushing a bad Fannie Mae-Freddie Mac bill through the Congress.
  • Michael Cox and William Alm show that despite the sluggish economy we’re doing pretty darn well.
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