There's a lot of information out there. Some of it is junk, some of it is frame-worthy. For every dozen foamy-mouthed rants out there, there's a well-thought-out, factual, logical piece of work that deserves your attention.
Here are five you might enjoy:
Stop Calling it a Depression
(Calculated Risk)
It's fun to choose rhetoric over facts. Being reasonable never gets anyone noticed. But this chart from Calculated Risk shows how obnoxiously wrong those who think we're in a depression are. (The blue line at the very bottom is where GDP would have to fall to make it a depression; the red dip far right is where we are today.)
How Your Brain Screws With How You Save
(Big Think)
Duke University and MIT professor Dan Ariely gives a great talk on the behavioral-finance aspects of saving. One interesting point he tackles near the end involves the summer of 2008, when gas prices soared and people wanted to destroy ExxonMobil
Barney Frank: The Poor Should Rent, Not Own
(The Atlantic)
Policy "should be focused on affordable rental housing, not in pushing low income people into owning homes that they can't afford." Hallelujah. We're coming to terms with this.
Analysts Hate These Five Stocks, So Buy Them Now
(Bloomberg)
John Dorfman highlights five companies that are being unfairly discounted by analysts. Picks include Eli Lilly
What Is Wrong With the Job Market And How to Fix It
(Urban Institute)
Renowned Moody's
The Great Recession is over, but the recovery will be a difficult slog through much of this year. The risks are also uncomfortably high that the economy will backtrack into recession. This would be an especially dark scenario, almost certainly involving a deflationary spiral of falling wages and prices.
Got any of your own to share? Post away in the comment section below.