Morning Links 3-8-2012

• TheMoneyIllusion » It’s the economists, stupid

• Trickle Up Economics | Why it is Critical for Currency to Flow Towards Value

  Interesting thoughts on currencies from trickleupeconomics.org

• Could A Strategic Petroleum Reserve Release Drop Oil? | TheArmoTrader

  I’ve been wondering the same thing – why not just drop a bit of the SPR on the market right now and see what happens?   You could even talk just about opening the SPR to see if it made a difference.

• The Everyday Price Index (“EPI”) Is Flawed | TheArmoTrader

  More Inflation-mongering nonsense, this time from AIER. h/t to TheArmoTrader

• Alec MacGillis: Team Romney Rallies Around Carried Interest | The New Republic

  Yep – Mankiw is a hack.

• U.S. oil gusher blows out projections – Houston Chronicle

Staggering Facts about Energy extraction in the U.S:

1. We’ve quadrupled the number of wells in the last 3 years.
2. We’re doing to challenge Saudi Arabia as worlds top producer
3. More rigs than rest of world combined when you consider Nat Gas

Posted from Diigo. The rest of my favorite links are here.

A Triple Layer Pie: an apple pie, cherry pie, and pumpkin pie from Cako Bakery in San Francisco