Here is your R&D for December 15th:
Only Connect from Time
Time Magazine has named Mark Elliot Zuckerberg as the 2010 Person of the Year. Zuckerberg is the founder of Facebook. Julian Assange and the Tea Party were the runner-ups.
The Municipal Debt Bubble from Reason
America’s cities and states are drowning in red ink, setting the stage for the next economic crisis.
Importing pessimism from the Economist
Asian policymakers are worried about importing inflation and sagging growth in Western nations, which have been strong export markets for them over the last decade. Asian nations also worry about a rise in commodity prices, which occurred in the spring and summer of 2008.