Seattle house prices rose 10.6 for the year as of March, according to the Standard & Poor’s/Case-Shiller home-price index, and the increase between February and March was among the best in the 20-city survey. This sector, which was at the heart of the recession and the excesses that caused it, is finally healing. So today’s question concerns how this turning point is affecting you.
Read on for the best business stories of the week and the haiku…
This Week’s Links:
• Globalization isn’t just about profits; it’s about taxes, too | Joseph Stiglitz
• Sorry, folks, austerity is not dead yet | New Economic Perspectives
• More market state in action: Consumers treated differently under law than businesses | Naked Capitalism
• South Korea can’t just order up creative economy | Bloomberg
• Smithfield sale to China comes at time of crisis in world food standards | Heidi N. Moore/The Guardian
• JPMorgan’s spending on lobbying dwarfs rivals | MarketWatch
• Inequality on the horizon of need | Brad DeLong
• The Fed’s been keeping the economy afloat. That’s the problem | Washington Post
Today’s Econ Haiku:
Low Country smackdown
More jobs to North Charleston
Keep clam. It’s all good.