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Highest and Cheapest Gas Prices by Country

May 15, 2012, 9:57 AM 3

Price Rank Country $/Gallon Premium Pain at the Pump Price Rank Country $/Gallon Premium Pain at the Pump 1  Norway  $9.69  48 29 Poland $7.01 15 2  Denmark  $9.37  42 30 Cyprus $6.96 33 3  Italy  $9.35  29 31 Bulgaria $6.94 5 4  Netherlands  $9.35  37 32 Australia $6.75 49 5  Greece  $9.23  23 33 Singapore $6.70 45 6  Sweden  $8.97  44 34 Romania $6.59 7 7  Hong... Read »

Europe Gets Sick of Being Sick

May 11, 2012, 8:00 AM

Feeling bad is bad enough, but one of the worst things about a prolonged illness is that, after a while, you can hardly remember what it was like to be healthy.... Read »

Why the Buffett Rule Sets the Bar Too Low

Apr 11, 2012, 5:25 AM

Next Monday most Americans will be filing their income taxes for tax year 2011. This year, though, tax day has special significance. If there’s one clear policy... Read »

The Fable of the Century

Apr 6, 2012, 9:55 AM 3

Imagine a country in which the very richest people get all the economic gains. They eventually accumulate so much of the nation’s total income and wealth that... Read »

The Real Bernanke

Mar 15, 2012, 9:14 AM

Roger Lowenstein has a very revealing portrait of Ben Bernanke in The Atlantic: But his restrained manner belies a forcefulness and a willingness to take political... Read »

Crude Oil and Gasoline Prices

Feb 22, 2012, 11:23 AM 1

Crude oil prices this week reached their highest level since last April. What will that mean for U.S. consumers at the gas pump? The first question to be clear on... Read »

The Enduring Popularity of Gold

Feb 20, 2012, 6:58 AM

The World Gold Council (WGC) reaffirmed the power of the Love Trade in its 2011 Gold Demand Trends report released this week. Gold demand grew 0.4 percent in 2011... Read »

Capital Gains Taxes Are Going Up

Jan 24, 2012, 1:27 PM

The top tax rate on long-term capital gains is currently 15%. That’s why Mitt Romney is spending so much time talking about his tax returns. That revelation has... Read »

Who Would Pay a 73 Percent Income Tax? Not Necessarily the Rich

Dec 7, 2011, 1:33 PM 2

A paper which is receiving considerable attention (see here, here and here) is Diamond and Saez’s Journal of Economic Perspectives piece on optimal marginal... Read »

House Prices and Current Account Deficits

Dec 7, 2011, 1:25 PM

A new Economic Letter put out by the Federal Reserve Bank of San Francisco, “Asset Price Booms and Current Account Deficits“, by Paul Bergin, addresses... Read »

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