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Prieur’s readings (October 26, 2009)

Prieur du Plessis (October 26th, 2009) Writes:

This post provides links to a number of interesting articles I have read over the past few days that you may also enjoy.

• George Soros (Financial Times): Do not ignore the need for financial reform, October 25, 2009. It is not the right time to enact permanent reforms. The financial system is far from equilibrium. The short-term needs are the opposite of what is needed in the long term.

• Paul Sandison: The two main threats to democracy and modern capitalism, October 20, 2009. In the present burgeoning economic crisis, already well over a hundred million people across the globe have been thrown into poverty, despair, sickness and are struggling to avoid a premature death. Billions of people abroad are vowing never to allow the United States and the United Kingdom to do this to them again. The remaining question is whether the

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Prieur’s readings

Prieur du Plessis (June 2nd, 2009) Writes:

This post provides links to some interesting articles I have read over the past few days that you may also enjoy.

• Andrew Bary (Barron’s): A pessimistic assessment, especially for Europe, June 1, 2009. An interview with Niall Ferguson. The Harvard professor and media star is cautious on the global economic outlook - and bleak about Europe.

• Niall Ferguson (Financial Times): A history lesson for economists in thrall to Keynes, May 30, 2009. The policy mistake has already been made - to adopt the fiscal policy of a world war to fight a recession. In the absence of credible commitments to end the chronic US structural deficit, there will be further upward pressure on interest rates, despite the glut of global savings. It was Keynes who noted that “even the most practical man of affairs is usually in the thrall of the ideas of

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