- The muni debt bomb.
- A mechanism for self-destruction of the euro zone.
- Estimating turning points of the business cycle.
- The Fed is actually kind of good at forecasting inflation. (Thanks to Jim Hamilton at Econbrowser.)
- On the optimal amount of pizza consumption.
- Today's chart: commodity prices have fallen sharply since their peak on November 9th, following a prolonged rally. One exception is silver, which has quickly recovered part of the lost ground.
![](http://4.bp.blogspot.com/_L6VaBfpm8Vw/TOvX4j10w8I/AAAAAAAAEcA/PbMmG7vELK0/s400/commodities%2Bchart.bmp)
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