James Pethokoukis on Tackling US Debt

James Pethokoukis writes at his blog that the current sovereign debt crisis in Europe should provide Americans with an opportunity to reflect on how to deal with their own mounting debt.  In short, Pethokoukis’ argument boils down to four points: 1) Cutting spending and raising taxes is a risky formula. It doesn’t have a great [...]

Seeing the whole board on financial reform

Clive Crook does: The problem is not just that specific rules – higher bank capital requirements, for instance – threaten profits and are therefore opposed. It is that all governments see themselves as partners of their industries in world competition. Regulators seek not a level playing field but one tilted to their own groups’ advantage. [...]

Book Review: The Bottom Billion

I was familiar with Collier’s work and those that he takes on (Bill Easterly, Jeffrey Sacks) for some time before finally picking up this highly acclaimed book. It didn’t disappoint. The Bottom Billion is an accessible summary of Collier’s work which focuses on the peculiar problem of development for the poorest countries in the world.  [...]

Applying Social Science Concepts to Business: E-Book Edition

Sunday’s Wall Street Journal reported that Amazon has stopped selling Kindle versions of all Macmillan titles.  John Sargent, Macmillian’s CEO, recently went to Amazon’s headquarters to try and negotiate new terms for the sale of e-books published by his company.  In general, the publishing industry has been unhappy with Amazon’s insistence that most books be [...]

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