Credibility and public borrowing: "Forecasts for public borrowing have always been subject to huge margins of error. There’s a rule of thumb, which dates back at least as far as Nigella’s dad, which says that the average error is 1% of GDP for each year of forecasting horizon – for both Treasury or private sector forecasts. "
Oil is Priced in Dollars: It Doesn’t Matter: Dean Baker has more patience for reiterating this than I do.
Markets in Everything: Adam Smith’s House
The Fed May Run Low on Unconventional Ammo
Grossly distorted picture: GDP vs GDP per capita.