Assorted Links (1/25/2010)

Here’s a list of articles that I have been reading today (organized by topic):

Economics

Peter Schiff provides some fascinating commentary on the American Samoan economy and the assortment of unintended consequences associated with the imposition of the federal minimum wage by the US Congress (recorded January 17, 2010):

Financial Crisis and Public Policy

Wallison’s analysis seems quite clear; specifically, that in failing to properly differentiate between banks and bank holding companies, an unintended consequence of the “Volcker Rule” may be that banks will be incentivized to overinvest again in real estate, thereby virtually guaranteeing yet another bank crisis in the future.

Foreign Policy

“If the country is ever to develop it will need less cronyism and more transparency.”

Health Care Reform

Keith Hennessey officially pronounces Obamacare as Dead on Arrival, and also provides a interesting example of Photoshop!:

Humor

“Conan was the Czechoslovakia of late-night TV.”

Politics

“Massachusetts may signal an end to old ways of fighting.”

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