Chicago, in contrast to New York City, has no rent control, and it has abundant hous-ing for all levels of income earners.

FORBES: Don't Junk Property Rights

Of these, about a quarter are thought to be tied up in projects where there is abundant cashflow to fund repayment and another half in projects where there may be enough income.

ECONOMIST: Chinese banks are undergoing an odd kind of bail-out

In 1901, when Australia became an independent federation, it was, in terms of income per person at purchasing-power parity, the richest country on the planet, thanks to abundant minerals and innumerable sheep.

ECONOMIST: Has he got the ticker? | The