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January 2011

Bloomberg reports that China Fines Wal-Mart, Carrefour for Misleading Prices China’s top economic planner ordered Wal-Mart Stores Inc. and Carrefour SA to be fined for misleading pricing at some of their stores in the nation, as the government works to rein in rising prices for consumer goods. Authorities in cities including Shanghai, Chongqing, and Kunming [...]

Yesterday I set up a Google alert for “inflation,” expecting to turn up the occasional article on monetary policy and such. Instead I got deluged with stories from around the world about how rising prices are causing everything from “political pressure” to food riots. Bank Indonesia’s Core Inflation Stance Spooks Investors, Economists Massive selling hit [...]

One Last Look at State and Local Finances

by John Rubino on January 3, 2011 · 19 comments

The slow-motion state and local train wreck is becoming old news before it even happens. So this is our last look at the subject for a while, I promise. But two recent articles are must-reads. The first is from Manhattan Institute senior fellow Steven Malanga on the increasingly brazen tricks that states are playing on [...]


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