Interesting Items - Jan 27

US Policy Dysfunction:

 http://www.bloomberg.com/news/2013-01-23/united-states-of-crisis-seen-costing-jobs-wasting-money.html

Robert Shiller on the Housing Recovery

http://www.nytimes.com/2013/01/27/business/housing-markets-future-still-has-many-clouds.html

McKinnon on the Dollar Standard

http://www.project-syndicate.org/print/the-dollar-standard-and-us-trade-deficits-by-ronald-mckinnon

Monetary and Fiscal Policy in Japan

http://www.economist.com/news/finance-and-economics/21570710-bank-japan-tests-limits-shinzo-abes-economic-power-win-some-lose