May 11 2008
Welker’s daily links 05/11/2008
Published by Jason Welker at 10:30 pm under
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Trade Deficit Narrows in March, but Exports Fall - New York Times
Weak dollar, rising unemployment and falling incomes in the states lead to weak demand for imports from abroad, shifting the US balance of trade away from deficit towards surplus. Here’s the Balance of Payment in action!
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Teachers feeling ‘frustrated’ over low pay, layoffs - May. 9, 2008
Thousands of teacher could be laid off as state budgets are cut back… at the same time, there is a nationwide shortage of qualified teachers entering the profession. What’s missing here? Interesting article about the Catch 22 in the American education system today. It’s all about incentives… or the lack thereof in the teaching profession!
![Freakonomics [Revised and Expanded]: A Rogue Economist Explores the Hidden Side of Everything](http://ecx.images-amazon.com/images/I/51Z1scnqz1L._SL160_.jpg "Freakonomics [Revised and Expanded]: A Rogue Economist Explores the Hidden Side of Everything")
![The World Is Flat [Updated and Expanded]: A Brief History of the Twenty-first Century](http://ecx.images-amazon.com/images/I/410FGAGYGPL._SL160_.jpg "The World Is Flat [Updated and Expanded]: A Brief History of the Twenty-first Century by Thomas L. Friedman")
