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This 2008 article from Forbes details the construction of Mukesh Ambani's 27-story Mumbai residence, estimated at a cost of $2 billion.

Clay Shirky argues that Americans' time spent watching television far outweighs the time spent contributing to Wikipedia, suggesting a "surplus" of time that could be used for collaborative projects. via The source of this content is Marginal Revolution.

A Mexican drug cartel is offering incentives to recruit army soldiers, according to a USA Today article linked in a blog post on Marginal REVOLUTION. via Marginal REVOLUTION

Tyler Cowen argues that freer trade practices, particularly for rice, could alleviate food shortages, citing export restrictions imposed by countries like India and Vietnam. via Marginal Revolution.

Alan Greenspan's 1977 NYU doctoral thesis focuses on housing booms and busts, discussing soaring housing prices' effects on spending and predicting a bubble burst. via The Big Picture

Kottke.org has a new weekly series called "Ten things I learned this week," and the first list contains some interesting facts. The author shares a variety of facts, including that life expectancy for women in some parts of the US declined from 1983 to 1999.

An economics quiz question about Pareto efficient allocation of goods sparks a lively debate about its definition and implications in the comments. via Crooked Timber

This April 25, 2008 daily roundup of economic news from The Economist covers topics such as bond investors and the potential for a European super-bank. via The Economist

Economist Robert Hall argues that modern recessions are not fully understood, as all sectors weaken concurrently, challenging traditional explanations like sticky wages and prices.

via Economist's View

Engadget's homepage features tech news and reviews, including Prime Day deals and articles on discounted Nintendo Switch bundles and upcoming Apple Intelligence features.

Economist blogger Tyler Cowen shares some viewpoints, including criticisms of the US prison system and the connection between individual freedom and violence. via kottke.org

An article titled "McCainomics" published in The Economist discusses John McCain's tax cut policies and questions his fiscal conservatism. via The Economist