Box o Links
1. Cheap Talk explains Credit Default Swaps
2. Steven Landsburg has the best explanation of tax burden I’ve read.
3. Taxes, transfers and inequality reduction. (wonkish, but a must read if you want to be a wonk)
4. Could game theory someday end war?
5. Mankiw talks about income and capital gains and the grey area in between. Even if you don’t care about the topic, you should read the article in order to understand what a good teacher ought be.