For the commute home,
- Greg Ip dispenses with five myths about the Fed.
- No, lenders weren’t more likely to reduce the principal on a mortgage in the Depression than now.
- American voters don’t care (as much) about the deficit.
- Bucyrus International: the other hot IPO from 2004.
- Infrastructure investors are increasingly looking outside the US.
- There’s hope for the labour market as companies are unlikely to wring much more out of their workers than they already are.
-A Q&A on how to fix the budget.
- Quantitative easing in the 18th century.
- When times are tough, voters become more selfish, especially seniors.
- Interactive graph showing asset returns since Bernanke’s speech at Jackson Hole.
- Economists tackle high school dating.