Economy:
Over 50 Percent of Food Stamp Recipients Live in the Suburbs – Atlantic
How Poverty Taxes the Brain – Atlantic
Why Aren’t There More Employee-Owned Firms? – Slate
The rich, the poor and Bulgaria – Economist
Income Gap Grows Wider (and Faster) – New York Times
Another financial crisis looms if rich countries can’t kick their addiction to cash injection – Guardian
Why India’s Economy Is Stumbling – New York Times
Markets:
World Markets Soar On News Of Strong Manufacturing Output – BusinessInsider
Japan’s Prices Rise Most Since 2008 in Boost for Abe – Bloomberg
Presenting The Numerous, Undisputed And Very Clear Signs That India’s Currency Was Set For An Epic Crash – ZeroHedge
U.S. Pending Home Sales Fall 1.3% in July – Fox Business
Politics:
The most qualified candidate for Fed chair isn’t Summers or Yellen. It’s this guy – Washington Post
A Carbon Tax That America Could Live With – New York Times
India pushes ‘shock and awe’ currency plan to save BRICS – Telegraph