How Greek tax evasion sunk the economy
- 10 July 2012
Why did Greece have such a massive budget deficit in the first place? One factor (among others) was outrageous tax evasion – which robbed the Greek government of funds. And as it turns out, this was a very big deal indeed, writes Brad Plummer. Wonkbook
"Robots have come to destroy our way of life, just as we saw in Terminator 2: Judgement Day, though not as we expected. They're taking our jobs, and are forcing us to reexamine how we value ourselves." The Atlantic
In attacking Barclays' Bob Diamond for distorting markets by manipulating Libor rates, Jan Boucek argues that many members of the Treasury Select Committee are hypocrites because nobody manipulates markets more than those in Westminster. Adam Smith Institute
In an interview, Joe Stiglitz says much of what goes on in the financial sector – and what is contributing to income inequality – is rent-seeking. The most dramatic example being the abusive of credit card practices and predatory lending which have made those at the bottom worse off. Fox Business
A comparison of the magazine's stance on the banking industry during the time when the subprime market was coming apart (when it argued that Wall Street was overregulated), to its dramatic image and use of the pejorative term "banksters" on its cover page in last week's edition. Naked Capitalism
More on Mindful Money
Sign up to our daily newsletter and you could win an Amazon Kindle Touch.
Mindful money Mortgage Tool Box
Looking To Re-mortgage
How Much Could You Borrow
How Much Is Your Home Worth
Find a Mortgage Advisor
- The top 10 investment pitfalls to avoid in 2015’s ISA season
- Mindful Money's weekly shares watch: BT Group, Royal Dutch Shell & Diageo
- Greek elections: What to expect now - expert reactions...
- City watchdog introduces new protection for consumers ahead of pension freedoms
- Energy supplier SSE cutting gas bills by a 'meagre 4.1%'
- Will we see Dollar/Euro parity? And learning the lessons of leverage and liquidity
- UK economy grows at fastest pace since 2007
- Dividend payouts from UK plc worse than expected during 2014
- UK economy bolstered by record spending from overseas tourists in 2014
- ECB reaction: QE expansion may prove poorly timed