Economy:
The Real Class Warfare is Baby Boomers Vs. Younger Americans – Reason.com
Newly created jobs go mostly to men – LA Times
Rich and infamous: Which countries think that the rich deserve their fortune? – Economist
Why There Are Too Many Patents in America – The Atlantic
China Slows Despite Aggressive Stimulus – Businessweek
Markets:
Moody’s Downgrades Italy’s Government Bond Rating to Baa2 from A3, Maintains Negative Outlook – Economonitor
The Puzzling Pre-FOMC Announcement “Drift” – Federal Reserve Bank of New York
Politics:
The Progressivity of Taxes and Transfers – Greg Mankiw’s Blog
Buffett Says Muni Bankruptcies Set To Climb As Stigma Lifts – Bloomberg
Banks:
U.S. Is Building Criminal Cases in Rate-Fixing – DealBook
JPMorgan’s Botched Trades May Generate $7.5 Billion Loss – Bloomberg
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