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
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