Economy:
Thinking Utopian: How about a universal basic income? – Washington Post
The Problem with Poor Countries’ GDP – Project Syndicate (Bill Gates)
Spain is officially insolvent: get your money out while you still can – Telegraph
On the Payoff to Attending an Elite College – National Bureau of Economic Research
In U.S., Standard of Living Perceptions Hit Five-Year High – Gallup
Markets:
Researchers present causal evidence on how markets affect moral values – Phys.org
Inflation Madness – New York Times (Krugman)
Challenge to Dogma on Owning a Home – New York Times
Foreign Buyers Hop on Rental Trend – Wall Street Journal
Robert Shiller: Home Prices Will Remain Relatively Stagnant For Next 10 Years – Yahoo! Finance
Stock Markets Rise, but Half of Americans Don’t Benefit – New York Times
Politics:
Escaping liquidity traps: Lessons from the UK’s 1930s escape – Vox
The Salvation of Japan: Prime Minister Shinzo Abe’s bold recovery strategy is working – Slate
Banks:
Bankers: College debt bubble mimics housing bubble – USA Today
Fannie Mae to Pay Treasury $59.4 Billion After Record Profit – Bloomberg