Reading List: Lessons from Europe for economic theorists

12th December 2011

Lessons From Europe for Economic Theorists

"One lesson that the world has learned since the financial crisis of 2008 is that a contractionary fiscal policy means what it says: contraction." Brad DeLong

 

Disaster Can Wait

The coming year will not be one of crisis, but nor will it bring an end to our current economic troubles. "Rather, for Europe, the US, and China, 2012 will be a year of muddling through." Project Syndicate

 

What Bill Clinton Would Do

Bill Clinton's new book, "Back to Work," is less a bold plan to create jobs than it is a passionate rebuttal of "our 30-year antigovernment obsession." Jeff Madrik reviews the former president's new book. New York Times

 

Paul Krugman: Depression and Democracy

"It's time to start calling the current situation what it is: a depression. True, it's not a full replay of the Great Depression, but that's cold comfort." Paul Krugman also believes that democratic values within Europe are under siege. Economist View

 

Why progressive policies always fail

"Stagflation will continue so long as unsound regimes of taxation, public expenditure and market regulation place a hobnail boot on the throat of the American economy." Richard A. Epstein thinks that the vain pursuit of economic equality will lead to declining living standards for everyone. Washington Examiner

 

Got any other suggestions for what we should be reading? Tell us below? 

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1 thought on “Reading List: Lessons from Europe for economic theorists”

  1. Jan says:

    I haven’t worked for a bank but did spend some time in a large well-know Insurance Company also with an old mainframe IT system.  I think the difficulty is that without shutting down completely for a week or two it is impossible to transfer all data from an old system to a new one.

    I also worked for British Gas when they were implementing a new IT system and migrating data from several smaller systems onto a new one.  There were multiple difficulties at the operational level in trying to do this whilst still carrying on with the day-to-day business.

    My guess is that this applies to many of the companies which have been around for a long time.  Not being a techie I’ve no idea how this may be rectified but for staff it makes life very complicated trying to operate on several systems at once.

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