A highway sign advertising the Tory stimulus program, dubbed the Economic Action Plan.Adrian Wyld
A daily roundup of the best economic posts on the Web
Has Ottawa already turned off the stimulus tap?
Finance Minister Jim Flaherty said this week that federal stimulus spending can't "go on forever." Stephen Gordon on Worthwhile Canadian Initiative examines government spending patterns and suggests the Tories may already be phasing the program out.
Bob would rather be Bjorn
Have a look at this study on U.S. wealth distribution picked up on baselinescenario. It has an interesting chart that shows actual U.S. wealth distribution, how Americans think wealth is distributed and what Americans think wealth distribution should be. It shows that Americans, apparently, prefer Sweden.
More taxes please, we're British
The Economist has posted the results of a global survey of attitudes toward public debt and what should be done to reduce it. Britain had the highest percentage of respondents who favoured tax increases, while four in five in France favoured spending cuts.
U.S. poverty on the rise
The Economic Policy Institute takes a look at the rising level of poverty in many U.S. states as the recession took hold in 2009. In the U.S. overall in 2009, 42.9 million people lived in poverty. For the average family of four, this means that their combined income for the year was less than $21,954 (U.S.)
How to end currency manipulation
A post on VoxEU proposes a simple and legal remedy a simple and legal remedy to prevent put an end to the bickering between Washington and Beijing over the value of the yuan. It proposes a "reciprocity" requirement - if the US can't buy Chinese government bonds, then China can't buy U.S. bonds either.