Assorted Links (8/30/2010)

Here’s a list of articles that I have been reading lately:

How Dismal is the Fiscal Future For America and Europe? Becker – The Becker-Posner Blog

Here’s Nobel Laureate Gary Becker’s views on the possibility of a (developed economies) debt crisis: “Posner lays out clearly many of the present and future solvency and default risks to the United States federal government. He bases some of the analysis on a valuable recent Morgan Stanley report with the provocative title “Ask Not Whether Governments Will Default, but How”.”

O’Grady: Kirchner’s Assault on the Press –

“In the Wall Street Journal, Americas columnist Mary Anastasia O’Grady writes about the Argentine president’s campaign to silence the country’s two most influential daily newspapers.”

Mark Helprin: The World Trade Center Mosque and the Constitution –

“In the Wall Street Journal, Mark Helprin of the Claremont Institute writes that proponents have a right to build the mosque, but no American can be forced to pour concrete or cross a picket line of grieving families.”

Robert Barro: The Folly of Subsidizing Unemployment –

“In the Wall Street Journal, the economist Robert Barro of Harvard writes that his calculations suggest the jobless rate could be as low as 6.8%, instead of 9.5%, if the Obama administration hadn’t extended jobless benefits to 99 weeks.”

Paul Rubin: Ten Fallacies About Web Privacy –

“In the Wall Street Journal, Paul Rubin of Emory University writes that we are not used to the Internet reality that something can be known and at the same time no person knows it.”

Life-Insurance Coverage Wanes for U.S. Households –

“Nearly a third have no policies, a combination of the financial pressures on middle-income families and a reticence to purchase insurance due to the high cost of some policies and the hardball tactics used by some agents.”

ABREAST OF THE MARKET: The Decline of the P/E Ratio –

“As investors fixate on the global forces whipsawing the markets, one fundamental measure of stock-market value, the price-to-earnings ratio, is quietly shrinking, both in size and importance.”