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A daily roundup of the best economic posts on the Web
Big business would rather hoard than hire
Last week, Economy Lab looked at the reasons behind the low cost of borrowing available to big businesses. However, it new appears this cheap money is not jump-starting the U.S. economy. The New York Times says that U.S. corporations are content to sit on a combined $1.6-trillion in cash rather than hire new workers.
Race to the bottom: China's currency tactics attract copy-cats
The New York Times fears more countries are straying from some free-markets rules that have guided international traded over the past few decades and have started playing by China's currency rules.
There's always a chance he's serious this time
Naked capitalism takes a comment by Premier Wen Jiabao pledging to restructure China's economy and turns it into an excellent snapshot of the current state of the country's economy.