The Great Debate UK

Politicians should allow a business-led recovery

December 1, 2009

evans- Anthony J. Evans is assistant professor at ESCP Europe business school. He will participate in a Reuters pre-budget live blog on Dec. 9, at 12 p.m. British time. The opinions expressed are his own. -

from MacroScope:

Crisis? What Crisis?

November 18, 2009

The title of this post is taken from two sources. One was a headline in British tabloid, The Sun, in January 1979, when then-prime minister James Callaghan denied that strike-torn Britain was in chaos. The second was the title of a 1975 album by prog rock band Supertramp that famously showed someone sunbathing amidst the grey awfulness of the declining industrial landscape.

When firms “Too Big to Fail” fall

November 5, 2009

Amid the turmoil of the 2008 financial crisis a myriad of events unfolded that the general public knew nothing about, writes New York Times reporter Andrew Ross Sorkin in a new book titled “Too Big to Fail.”

Bank hedges bets with QE expansion

November 5, 2009

BRITAIN-BANK/RATESWhen the Bank of England decided to expand its quantitative easing policy by 25 billion pounds to 200 billion on Thursday, it was essentially hedging its bets.

Why is the UK still in recession when the U.S. isn’t?

November 3, 2009

Recent U.S.  gross domestic product data show the world’s biggest economy emerged from recession in the third quarter, while in the UK data show that in the same period Britain’s economy contracted.

Can emissions be tackled without Copenhagen deal?

October 27, 2009

Even if a deal is reached among political delegates at the upcoming United Nations Climate Conference in Copenhagen, it is unlikely to set out specific emission targets, says Mike Hulme, author of “Why We Disagree About Climate Change” and a professor at the University of East Anglia in Norwich.

Worst is over for U.S. job losses

October 13, 2009

Kurt Karl-Kurt Karl is chief U.S. economist for Swiss Re. The opinions expressed are his own.-

You never know when rates will rise

October 8, 2009

David Kuo-David Kuo, Director at the financial website The Motley Fool. The opinions expressed are his own.-

from UK News:

BAE, the SFO and time travel

October 1, 2009

rtxp5uiProsecute over bribes allegedly paid in far-flung lands years before you banned such practices?

from UK News:

Roger Bootle throws capitalism a life preserver

September 30, 2009

Problems sparked by the financial crisis have not gone away, but have been transferred to the public sector, economist Roger Bootle posits in his new book.In "The Trouble With Markets: Saving Capitalism from Itself" Bootle argues that in large measure, the underlying cause of the financial crisis was the result of an idea that markets work, and that governments do not."Despite the trillions of dollars lost, and despite the worries of millions of people, more than this -- much, much more -- is at stake," Bootle writes. "For this crisis has delivered the killer blow to an idea that has underpinned the structure of society, framed the political debate, and moulded international relations for decades."Bootle, director of Capital Economics and an economic advisor to business accountancy firm Deloitte, reflects on the pitfalls of the corporate system and puts forth his ideas on the future of capitalism.He discussed his book and his economic predictions with Reuters at his London office.