Mid-week Wrap

Beware: Fiscal Cliff Ahead
There they go again. The “they” here is, of course, members of Congress who are heading toward the brink again. This time, however, it is not over whether to raise the debt ceiling, but how to avoid falling over the looming fiscal cliff.

The Most Influential 20th Century Economist is . . .
Ralph Benko makes the argument in Forbes magazine that Jacques Rueff is the most influential economist of the 20th Century.

Another day, another UN Syrian resolution with no support
The United Nations has scheduled another vote on Syria – a resolution that is unlikely to achieve any solution to the raging civil war.

Treasury Secretary Tim Geithner’s actions in LIBOR scandal questioned
Questions are being raised about the role of now-Treasury Secretary Tim Geithner’s and whether he was upfront in disclosing information about LIBOR rigging while employed at the New York Federal Reserve Bank.

Is China’s economy hubris run amok?
Bloomberg News thinks so.

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