Best of the Finance Blogs: ‘Austerity? What Austerity?’
- 2 March 2012
Does studying Business and Economics make you less honest, or do people who feel less strongly about morals find themselves more attracted to those subjects? Economists Raul Lopez-Perez and Eli Spiegelman decide to find out. Five-Minute Economist
Vuk Vukovic says Britain is far from austerity: "Yes, some painful cuts have been made but what does the government do with this saved up money? It "invests" in credit easing, housing subsidies, the youth contract and infrastructural projects. They are all part of a Keynesian response to the crisis." Adam Smith Institute
According to John B. Taylor, the real cause of the panic in 2008 was the ad hoc and unpredictable policies leading up to and following the bankruptcy of Lehman Brothers. Not the Lehman bankruptcy per se as economist Paul Krugman believes. Economics One
Lawrence Kudlow explains why Mitt Romney's proposal for an across-the board 20 percent reduction in personal tax rates is different from George W. Bush's tax cuts in 2003. He concludes that Romney's plan shows he gets the supply-side approach. Kudlow's Money Politics
This blogger notices that the hit talent show can influence the outcome in ways other than feedback from the judges. He highlights research from others that test this hypothesis. Weakonomics
Got any other suggestions for what we should be reading? Tell us below
To receive our free email newsletter sign up here.
- How do we defuse the UK student debt time bomb?
- The Bank of England blows its own trumpet but what purpose is it now serving?
- Spain continues a more than welcome economic recovery
- Can Twitter become a viable alternative to Facebook?
- The UK economy breaks new ground or rather the service sector does
- Government incentive to encourage retirees to delay taking state pension slashed by almost 50%
- Your glasses may be stylish but is your eye test more important? The MM interview
- "Should I stay or should I go?" What to consider if your investment fund is under-performing
- Which towns pay the highest amount of income tax in the UK?
- First Time Buyers pushed even further out of the property market