The Simpson-Bowles Social Security Plan

Chuck Blahous identifies the winners and losers.  The three main groups of winners:

1) Low-income workers (and their advocates);
2) Fiscal conservatives concerned about the growth of system costs;
3) Advocates of bipartisan accomplishment.

And three main groups of losers:

1) Advocates of making substantial tax increases inevitable through prolonged inaction;
2) Advocates of improving intergenerational equity via personal accounts;
3) Senior-scaring political opportunists.

How to Improve Dodd-Frank

Oliver Hart and Luigi Zingales have a suggestion about how to improve the financial reform law.  Their goal is to "spare the most vibrant financial institutions from the rigidities and bureaucratization that a strict application of the Dodd-Frank bill would entail."

Barro on QE2

Via the Economist.