Free Exchange wonders what we should do about credit rating agencies. Should we have more competition to ensure better, more reliable ratings? Or, will that cause people to just shop around for ratings?
Tim Haab talks about a soda tax, and quizzes us on it. Personally, I wouldn't mind swallowing the three cents per twelve ounces (pardon the pun).
Newmark's Door points to a paper that emphasizes the importance of education in helping low-wage workers. Really, this surprises no one, but it should continue to get airtime as long as there aren't many educational options to low-wage workers.
William Easterly tries to apply more broad definitions of "liberal" and "conservative" to US politics--definitions which hold more internationally. Really, I think this isn't important. In the US, "liberal" and "conservative" are more titles than descriptive adjectives. Though it's good to be aware of what the terms actually mean, it's also good to be aware that the real definitions don't apply.
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