Reading List: Why Portugal may be the next Greece
- 27 March 2012
A shrining economy, high bond yields and higher private-sector debt than Greece, make Portugal Europe's second biggest problem, according to Michael Sivy. TIME
Two academics find two different stories emerged from how Emerging Asia coped with the financial crisis of 2007-2009 – in particular how global financial markets and international trade affected some but not others. Federal Reserve Bank of San Francisco
When Britain raised the income tax rate from 45% to 50% on the wealthy, it produced less revenue than had been predicted, but how such a step might play in the United States is uncertain, Bruce Bartlett writes. Economix
An interview with political economist Robert Reich where he says despite three decades of growing inequality in America, which have imperiled democracy, there are precedents for a way out. The Browser
Sam Bowman concludes after reading a piece by Bryan Caplan in which he discusses the problems with GDP, "when people – especially politicians – treat GDP as the end-goal, they've misunderstood what the point of GDP is." Adam Smith
Get the best of the financial news via the Finance Blogs
Got any other suggestions for what we should be reading? Tell us below
To receive our free email newsletter sign up here.
- Why are real wages in the UK continuing to fall in an economic boom?
- More signs of Currency Wars emerge and some songs for #Indyref day in Scotland
- Is UK inflation below target (CPI)? On it (RPIX)? Or pushing higher with house prices?
- Is China finally admitting it is in an economic slow down?
- Neil Woodford on the Scottish referendum: "The UK has already crossed a constitutional Rubicon"
- UK Housing Becoming a Buyers' Market? Not good for estate agents...
- "Scotland could be next Greece," warns Alan Miller
- The Alibaba roadshow runs into town but is it worth 20 times the $8bn it is aiming to raise?
- Retail investors should be wary of Alibaba hype if they have missed out on the 'IPO pop'
- A third of Brits plan to stay invested in retirement