1. Is there a credit crunch? Tyler Cowen and Robert Higgs are skeptical; one of Ezra Klein’s readers is not.

2. Eric Posner explains how the Dodd bailout proposal ultimately invests more power in the Treasury than the Paulson plan does.

3. And finally, I for one am quite confident that this is illustrative of one of the biggest causes of our economic struggles.

     Filed under: economics, government/law, taxation