Free Exchange notes that maybe this whole Chinese fixed exchange rate thing is overblown. Maybe it’s a little bit of a moot issue with Hu Jintao visiting America, with the New York Times speculating (for solid-seeming reasons) that this may signal action on the appreciation front. Meanwhile, James Mann writes about China’s government in The New Republic.
Mike Konczal discusses the reasons that Geithner is against a strict leverage limit; Suzy Khimm talks about Medicaid-Medicare reimbursement gap. The latter is a key reason why Medicaid should be federalized.
The norms of comedians.
The EPA is getting tough: they’re regulating car greenhouse gas emissions and mine runoff. Good for them!
And a look at a very old English picture.