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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- HSBC could leave UK, but resurrect Midland Bank before it goes
- Young people expect to retire with £95k in pension, but haven't started saving
- Forget freedom, retirees could be 'nudged' into turning pension into income
- Strict mortgage checks encouraging borrowers to 'play' the system
- Brits put finances at risk by being a nation of ostriches
- Homeowners believe next 12 months is best time to sell
- Government sells £586m of Lloyds shares
- What impact will the next Government have on property investment?
- Right to Buy extension will cost taxpayers, warns think-tank
- Why aren't confident UK consumers rewarding the Tories?