Feb 10th 2012, 22:21 by R.A. | WASHINGTON
TODAY'S recommended economics writing:
• What does your Fed valentine say? (Freakonomics)
• It don't mean a thing if you ain't got them swings (Paul Krugman)
• What would the end of football look like? (Grantland)
• Never reason from a wealth change (Scott Sumner)
• Tech booms and housing supply (Matt Yglesias)
• Obama's worst year (New Republic)
In this blog, our correspondents consider the fluctuations in the world economy and the policies intended to produce more booms than busts. Adam Smith argued that in a free exchange both parties benefit, and this blog's aim is to encourage a free exchange of views on economic matters.
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Thanks to R.A. for posting the links...
It was pathetic to hear Obama proclaim that government ought to run its finances like a household. He broadcast his cluelessness about political economy, and his electoral naivete in making his opponents' arguments for them.
Orszag did immense damage, and Obama's infuriating lack of fight gave away the 2010 midterm. It was clear by the summer of 2009 that there was no one on the Republican side to be bipartisan with. Romer was absolutely right.
It seems that Obama has snapped out of it, but whether in time or not I have no idea.