According to Forbes, Saudi Arabia is suggesting to its fellow OPEC members that they increase production to keep prices from exceeding $40/barrel. Reuters has a related story on the reasons behind the current high world oil prices. The Economist calls this a u-turn in the desert.
Interestingly, I stumbled across a review from someone who recently reread The Unbearable Lightness of Being, one of my favorite books. Interesting because in the past month I’ve discussed it with two of my close friends, one who I have known for decades and one who I have known for only a couple of years, …
FYI, Fukuyama’s review of Caldwell’s intellectual biography of Hayek. The review is an interesting read, and the book is on my too-lengthy must-read list.
A good exchance between Tyler Cowen and Randall Parker on the role of China’s growing energy demand in the world economy.
Kevin Hassett has an interesting article in Tech Central Station today about the incentives and unintended consequences behind a government program designed to increase home ownership among low-income families.
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