Along with Krugman's new book End This Depression Now! and Ahmed's Lords of Finance, I'd give Baker's End of Loser Liberalism to a young person interested in macroeconomics.

The Food Here is Poison and the Portions Are So Small (Paul Krugman Edition) by Baker


Hard-Hit Cities Show a Housing Rebound

DEPARTMENT OF COGNITIVE DISSONANCE: HOUSING EDITION by DeLONG

No, this is not what a "housing rebound" looks like...

One of the bad things about blogs are the word games. There appears to be a turn-around in housing. DeLong seems to be saying it's not very strong so is not in fact a "rebound." But I'm not sure. You don't want to overstate the extent of the turnaround but there appears to be a "bottoming out" which could lead to a virtuous circle.

One of the good things about blogs are coinages like Matthew O'Brien's "The Age of Niallism."