Economy:
Some like it hot: Which emerging economies are at greatest risk of overheating? – Economist
Texas, the jobs engine – Los Angeles Times
The Pursuit of Happiness: Can We Have an Economy of Well-Being? – Brookings Institute
Markets:
Why you can’t hedge tail risk – Reuters
Watch The Markets As Distress Over Debt-Ceiling Debate Grows -Ratings Firms – Wall Street Journal
Politics:
Obama’s Economists: ‘Stimulus’ Has Cost $278,000 per Job – The Weekly Standard
Why Not Index Taxes to Unemployment? – The Atlantic
U.S. caught China buying more debt than disclosed – Reuters
How the world paid the hidden cost of America’s quantitative easing – Guardian
Banks:
Barclays Releases Updated Report On Top 40 Greek Debt Holders – Zerohedge
Russia rescues Bank of Moscow in record bail-out – BBC News