Welcome to the March 15, 2008 edition of American Economics Blog Carnival.

The state of the American economy affects both domestic and international affairs. In an age of globalization, it is important to understand things that influence American economics. This bi-monthly blog carnival includes articles and editorials that reflect various economic topics, realities and perceptions.

Here are the articles selected for this edition:

David Weisman presents Industrial Policy posted at The Art of Peace.

Bryce presents Is Single-Party Government Bad For the Market? posted at Save and Conquer, saying, "Seems like this article fits your site."

Ian Welsh presents The real reason why the rich see America's problems differently and Why Financial Crises Will Keep Happening posted at Firedoglake.

Leon Gettler presents U, V, W or L - recession letters posted at Sox First, saying, "Will the next recession follow a U, V or W shape? Or will it be an L-shape?"

Geoffrey presents What is a recession? - We Op-Ed posted at We Op-Ed, saying, "With all the talk about an impending recession, the stock market and falling GDP, I did a study to compare the popular conception of a recession and the technical definition in order to clear up some things."

Richard presents The Foothills Opinion Post: Once Again, It’s the Economy Stupid! posted at The Foothills Opinion Post.

John Crenshaw presents Paying Off Your Mortgage - Will It Save You Money? posted at Truthful Lending dot Com, saying, "There's been quite a bit of debate lately over whether or not you should pay off your mortgage or invest any extra money."

Jeremy Zongker presents 11 Reasons Why You'll Want to Live on a Budget posted at Destroy Debt.

Michael Bass presents The Economics of Gold Investments posted at Debt Prison, saying, "The real question is can a discretionary paper currency managed by Central Bankers perform as well a gold standard?"

Dorian Wales presents Is Present Value - Value in the Present? The Economic sense behind Net Present Value posted at Personal Financier.

Christine presents How the Declining Dollar Affects European Travel and The Exchange Rate and Travel in Barcelona posted at Me, My Kid and Life: An American Single Mom Living in France.

Gus presents Another irsmind.com film: "Any Given Tax Season" - Al Pacino posted at IRS Mind, saying, "In honor of tax season, we did a parody of Al Pacino's inches speech in Any Given Sunday with a tax collections twist. Hope you enjoy."

Brent Diggs presents What The Promised Recession Means To You As An American posted at The Ominous Comma, saying, "Urgent Economic Humor, read at once."

That concludes this edition. Submit your blog article to the next edition of American Economics Blog Carnival using our carnival submission form. The carnival is posted on the 1st and 15th of every month, with submissions due 2-3 days prior. Submitters are encouraged to submit only their best articles relating to the American Economy and/or the impacts of globalization.

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Related Posts:

American Economics Blog Carnival, March 1, 2008
American Economics Blog Carnival, Feb 15, 2008