Seen Elsewhere

Via Carpe Diem there are indications that the economy is getting better. Freight transportation is generally a leading indicator so an increase in truck orders is a good sign. Also, (men's) underwear sales are up. Alan Greenspan liked the underwear indicator.

Since Friday was Earth Day, we've heard a lot about sustainability. Via Econlog, some interesting comments on sustainability. Also, what's the present value of a new taxpayer?

From the monopoly regulation area, we have APS looking for a rate hike to pay for capital infrastructure.

Finally, a paper from the New York Fed on why banks are holding so many excess reserves.