How to end this depression
- 8 May 2012
"The depression we're in is essentially gratuitous. Recovery would be almost ridiculously easy to achieve. All we need is to reverse the austerity policies of the past couple of years and temporarily boost spending" The New York Review of Books
What's actually driving the gap between the richest and poorest? Does it hurt economic growth, or is it largely benign? Should it be reversed? Can it be reversed? Economist James Galbraith tries to answer these questions in this interview. The Washington Post
In response to Friday's disappointing US job numbers, Michael Sivy says mediocre growth, overly cautious corporations and government cutbacks are three main reasons why the US economy isn't generating enough jobs. TIME
The conventional wisdom says that recessions that follow financial crises last longer than other recessions. In this blog post, however, John Cochrane argues that financial crises certainly don't always and inevitably lead to longer recessions as some have suggested. The Grumpy Economist
Tim Worstall suggests that we concentrate on the parts of economics where we know that we're at least roughly right. Because, macroeconomics is not a science that has proven itself in the way that chemistry, biology, or various branches of microeconomics have proven themselves. Adam Smith Institute
Got any other suggestions for what we should be reading? Tell us below?
Sign up for our free email newsletter here.
Mindful money Mortgage Tool Box
Looking To Re-mortgage
How Much Could You Borrow
How Much Is Your Home Worth
Find a Mortgage Advisor
- British homeowners collectively estimated to have £433bn in savings despite the paltry rates on offer
- Barclays and Lloyds top the City watchdog's complaints list of shame for the second half of 2014
- Mortgages approvals climb for the third successive month to reach a six-month high in February claims Bank of England
- Don’t ignore the benefits of financial planning - at the start of the tax year...
- Share tips: Five European growth “gems” you may have missed
- Mindful Money's weekly shares watch: Kingfisher, Marks & Spencer & Booker
- Revealed: The top five credit cards to use while abroad
- Just over 10% of retirees expect to cash-in on the pension revolution
- The Far East is the stand-out region within Emerging Markets claims Fidelity - where to invest...
- Child Trust Fund transfers to Junior ISAs go live next week but where should you invest?
Sign up for the Mindful Money daily newsletter for news, analysis and expert opinion from Mindful Money’s journalists and columnists including Shaun Richards, Simon Ward, Nick Gartside, Justin Urquhart Stewart and many more.