Reading List: Why people hate the banks
- 4 April 2012
Matthew O'Brien thinks the British Economists' investing acumen helps explain why he was sceptical of markets and favoured public spending. The Atlantic
Two academics suggest that when it comes to financial agents, nobody should be in a position to have the upside without sharing the downside, particularly when others maybe harmed. Fooled By Randomness
Though not entirely convinced that that Asian capitalism is better than Western-style capitalism, Michael Schuman says that West can be saved by Asian capitalism – "if that means dropping the political bickering and ideological grandstanding and doing whatever is necessary to create prosperity." TIME
Edward Lazear says an abandonment of economic policies that aim to promote economic growth may mean this is the first "recovery" in history that fails to see the US return to its long-term average growth. Hoover Institution
"In my church, we pray for forgiveness for the ‘evil done on our behalf,' " she wrote in an e-mail. "Banks should do more than pray. They should be held responsible." New York Times
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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
- As Junior ISAs mark their third birthday, Child Trust Fund savers need to weigh-up their options
- GSK is a "buy", but pharmaceuticals still under pressure says Share Centre
- Lloyds expected to axe 9,000 jobs over the coming three years as part of strategic review
- Is the bull market in shares now under threat?
- Equity market volatility: A simple correction or the beginnings of a bear market?