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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- Car insurance premiums start to rise as fake whiplash claims continue to plague insurers
- Lenders cut mortgage rates to record lows
- Pensioners could be hit with 45% tax charge shock when new freedoms kick-in
- Disappointment as Government's Pensioner Bonds will not pay monthly income
- Tesco chairman steps down as group confirms it actually overestimated its half year profits by £263m
- Lloyds expected to axe 9,000 jobs over the coming three years as part of strategic review
- GSK is a "buy", but pharmaceuticals still under pressure says Share Centre
- Is the bull market in shares now under threat?
- As Junior ISAs mark their third birthday, Child Trust Fund savers need to weigh-up their options
- Equity market volatility: A simple correction or the beginnings of a bear market?