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2.7%  Q1 GDP    4.57%  avg. 30-year mortgage     9.5%  Unemployment

April 22, 2009

The Washington Post staff share their picks for readings around the Web.

Irrational Everything

Haaretz.com | An exceptionally lucid explanation of how economic models led the world astray--and why there might not be much we can do to prevent the same mistakes in the future, from Daniel Kahneman.

For Housing Crisis, the End Probably Isn't Near

New York Times | David Leonhardt reads the tea leaves--or home auction results--and concludes that housing prices have further to fall.

The Economics of Structured Finance

Harvard Business School | Paper explores the economics of why complex securities known as structured products have melted down so spectacularly. (PDF)

By Sara Goo  |  April 22, 2009; 1:10 PM ET
Categories:  Neil Irwin's Must Reads  
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Next: Credit Union Group Opposes 'Cramdown' Legislation

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