1. WSJ Blog points US economy is simply sinking
2. MR points economists have abandoned principle
3. Krugman on wages in great depression. Krugman actually answers this Mankiw post. It is getting interesting
4. Rodrik asks Does globalization erode social safety nets?
5. FIn Prof points stocks are yielding more than bonds for the first time in 50 years
6. CTB points monetary policy i.e. low interest regime does lead to financial fragility
7. Econbrowser showshow bad thiings are with US auto industry
