Thursday 19 Jul 2018 | 00:39 | SYDNEY
Thursday 19 Jul 2018 | 00:39 | SYDNEY

Friday linkage: Economics edition


Mark Thirlwell

12 June 2009 13:45

  • I’ve found some of the current debate over fiscal policy eerily reminiscent of one of my first-year undergraduate macro lectures at Cambridge, when my lecturers dissected the so-called 'Treasury view' and explained how Keynes had taken economics on since then. In the Financial Times, Robert Skidelsky uses this parallel to give his take on the Krugman-Ferguson debate. 
  • Also in the FT, Nouriel Roubini explains why Latvia’s economic difficulties look like a replay of Argentina’s 2000-01 meltdown.
  • The World Bank is downgrading its forecast for world growth this year, from an already gloomy -1.7% to an even more depressing -3%.
  • The McKinsey Quarterly looks at the parallels between economic failures and natural disasters.
  • Harold James argues that economics is not the only discipline that should get the blame for the current financial crisis (h/t Economists View).
  • David Leonhardt in the NYT describes the origins of the ballooning US budget deficits.  The graphics accompanying the article are quite neat.