Concerned about the current account deficit?

Here's Matthew Yglesias on another good reason for a high gas tax (Link):

In my view the biggest source of drag on net exports that’s amenable to a clear policy fix is our unusually high per capita gasoline consumption. Higher gasoline taxes to finance increased transportation infrastructure spending could, especially if the spending was front-loaded, boost employment while helping the environment and laying the groundwork for a more dynamic future economy. China’s currency peg is another significant drag on net exports, but while it’s not clear to me which US policy steps (as opposed to Chinese policy steps—that’s easy) would address it effectively.

Are there limits to the market?

Long awaited link post - 9/9/10

I think I'm beginning to find these posts boring.  I haven't done one in about 10 days.  That said, here are the links you have been so anxiously awaiting.  Enjoy!

Top Three
3. Airline prices do go up (NYT
2. Did you know that social networks (Like Facebook) can be used to fight crime? (The Economist)
1. A great graphic showing the real danger of deflation - timely (The Big Picture)

The Rest (Most recent links at the bottom)
> Krugman trusts the writings of the ancients (NYT)
> Thank the heavens.  The like her; they just don't want her to do anything. (PPP)
> I never liked Gary Bauer (The Daily Dish)
> Don't worry, things will be better when we take over (FrumForum)
> Krugman does not think the stimulus package was represented Keynesian policies (NYT)
> It's a fair expectation that the temporary Bush tax cuts will be extended (McClatchy)
> Ron Paul is very conspiracy-minded (Bruce Bartlett)
> Mixed drinks are not IP, for now... (Liquidity Preference)
> Sabato sees good things for the GOP this fall (Larry J. Sabato)
> A decade of GOP policy implementation... In ONE chart (Ezra Klein)
> What do you call using language to mask conflict: Corporate-speak (Marginal Revolution)
> The NAR is a propaganda outlet (The Big Picture)
> Krugman wants some inflation now, and doesn't see it coming (NYT)
> Some great economics blogs that you need to bookmark (Bruce Bartlett
> So Beck and Palin are going to help us remember the lessons of 9/11.  Yea, that seems on the level. (Weigel)
> Student loan debt is larger than credit card debt with fewer protections for the borrower (The Big Picture)
> Krugman argues against the idea that stimulus policies has been proven ineffective (NYT)
> The best charts and initial reaction to the August employment numbers are here (Calculated Risk)
> It's not about federal budget policy, it's about economic policy (FrumForum)
> Is Krugman saying that we'll need WWIII in order to get out of the economic slump? (NYT)
> A community college professor talks about his students (The Daily Dish)
> Inflation would really hit elderly savers hard (Seeking Alpha)
> Singing as a way to get voters to the polls (The Daily Dish)
> Belgian content owners open up a front against the DVR (ARS Technica)
> My bet is the that the GOP plan wins.  Maybe we should call it the "like deficits" plan or the "pretend I care about deficits" plan (TPM)
> Pictures from random places in the world - Thanks Rob! - (Globe Genie)
> Deconstructing a class warfare propaganda piece (Kid Dynamite)
> The writer of the original 'Jump the Shark' episode defends himself (LAT)
> The growth of income inequality makes the more tax brackets argument seem pretty reasonable.   (Kevin Drum)
> Andrew Sullivan asks what good are checks and balances when they paralyze. Strange that he would forget the role of tyranny in shaping our system of government. (The Daily Dish
> When they say 'It's ObamaCare', remember that rates have pretty much been doing this all along (Kevin Drum)
> Another reason to believe that it has absolutely nothing to do with the deficit (Kevin Drum)