Iran’s growing desperation – The Economist

WHAT more can Iran’s ruthless rulers do to squash their opponents? Since nationwide protests broke out last June over the disputed results of presidential elections, the official winner, Mahmoud Ahmadinejad, has pulled few punches. His security apparatus has beaten and arrested thousands, tried scores of dissidents in kangaroo courts, hounded others into exile, throttled the […]

Edward Lazear: Stimulus and the Jobless Recovery – WSJ.com

With the news that GDP grew at 3.5% in the third quarter, it seems apparent that economic recovery is underway. How much of this was a result of government programs? To evaluate this, it is important to understand what constitutes a recovery. There are three developments needed to restore the economy to its prior vibrancy. […]