Reading List: Can the poor save the world?
- 15 March 2012
Will Greg Smith's op-ed piece lead to some much needed moral and ethical reform at Goldman Sachs and on Wall Street? This blogger isn't holding his breath. EconMatters
The left hates him. The right hates him even more. But Ben Bernanke saved the economy-and has navigated masterfully through the most trying of times. The Atlantic
"The second decade of the twenty-first century is witnessing a reversal of fortune: developed economies are mired in crisis, while emerging-market countries' prospects look bright. But it is the poorer developing world that holds the key to a new global rebalancing strategy." Project Syndicate
Jason Rave talks about the on-going spat between the president of the Deutsche Bundesbank, Jens Weidmann and The European Central Bank. This time it's about the imbalances that have developed within the Eurozone's central payment system. Macro Matters
Ryan Avent reviews a new book "Why Nations Fail" by Daron Acemoglu and James Robinson. The book tells the story of the gaps between rich countries and poor ones. Free Exchange
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- Under 25s relying heavily on credit to cover housing costs
- Buy, sell or hold? Mindful Money's weekly shares watch: Barclays, ITV & Diageo
- China's intervention in markets was trying to prevent a bubble unlike market interventions in the West
- Government names the banks and building societies who will offer Help to Buy ISAs
- Investors urged to “China-proof” their investment portfolios as shares crash
- "Chinese contradictions and Western hypocrisy"
- EM equities: get ready to buy?
- Pensions freedom fraud increase has the "makings of a national scandal"
- Some £1.2bn paid out by Britons in overdraft charges during the past year
- Shares in British engineering solutions provider Costain are a ‘buy’