Geral
«New Labour, Mr Brown believed, had to come to terms with the market. Now it has to come to terms with the malfunctioning of the market. For the economic problems faced by Britain arise, in part at least, from the long reign of insufficiently regulated markets, a regime that produced the housing boom and the excess lending of Northern Rock. In difficult times, governments can no longer withdraw from markets but will have to engage with them more closely. In the US, Barack Obama, the nearest America has come to a social democrat, has struck a chord with precisely this message. For the political debate on both sides of the Atlantic is moving from a concentration on the failure of the state to a renewed understanding of the weaknesses of markets.»
(Vernon Bogdanor, Financial Times, destaque acrescentado.)
- Beware The ‘central Bank Put’ Bubble
By Mohamed El-Erian, Financial Times The Federal Reserve remains the best friend of many investors. It is among several key western central banks that are supporting asset prices not as an end in itself but as a means to promote growth and jobs. In the...
- There Is No Spanish Siesta For The Eurozone
By Wolfgang Münchau, Financial Times The markets have concluded that the eurozone crisis has ended. Several politicians said that they, too, believed that the worst was over. Complacency is back. I recall similar utterances in the past. Whenever there...
- Saving The Euro Is The Wrong Goal
By Gideon Rachman, Financial Times As the European ship heads for the rocks, so the officers in charge are being thrown overboard. This week could see the departure of the prime ministers of both Greece and Italy. But while politicians may come and go,...
- Why Austerity Is Only Cure For The Eurozone
By Wolfgang Schäuble, Financial Times In recent weeks, debt markets have undergone wild gyrations, leading some analysts and commentators to question the progress achieved in taming the sovereign debt crisis in the eurozone. More recently, economic data...
- The Great Recession And Government Failure
By GARY S. BECKER, WSJ When comparing the performance of markets to government, markets look pretty darn good The origins of the financial crisis and the Great Recession are widely attributed to "market failure." This refers primarily to the bad loans...
Geral
Gostaria de ter escrito isto
«New Labour, Mr Brown believed, had to come to terms with the market. Now it has to come to terms with the malfunctioning of the market. For the economic problems faced by Britain arise, in part at least, from the long reign of insufficiently regulated markets, a regime that produced the housing boom and the excess lending of Northern Rock. In difficult times, governments can no longer withdraw from markets but will have to engage with them more closely. In the US, Barack Obama, the nearest America has come to a social democrat, has struck a chord with precisely this message. For the political debate on both sides of the Atlantic is moving from a concentration on the failure of the state to a renewed understanding of the weaknesses of markets.»
(Vernon Bogdanor, Financial Times, destaque acrescentado.)
- Beware The ‘central Bank Put’ Bubble
By Mohamed El-Erian, Financial Times The Federal Reserve remains the best friend of many investors. It is among several key western central banks that are supporting asset prices not as an end in itself but as a means to promote growth and jobs. In the...
- There Is No Spanish Siesta For The Eurozone
By Wolfgang Münchau, Financial Times The markets have concluded that the eurozone crisis has ended. Several politicians said that they, too, believed that the worst was over. Complacency is back. I recall similar utterances in the past. Whenever there...
- Saving The Euro Is The Wrong Goal
By Gideon Rachman, Financial Times As the European ship heads for the rocks, so the officers in charge are being thrown overboard. This week could see the departure of the prime ministers of both Greece and Italy. But while politicians may come and go,...
- Why Austerity Is Only Cure For The Eurozone
By Wolfgang Schäuble, Financial Times In recent weeks, debt markets have undergone wild gyrations, leading some analysts and commentators to question the progress achieved in taming the sovereign debt crisis in the eurozone. More recently, economic data...
- The Great Recession And Government Failure
By GARY S. BECKER, WSJ When comparing the performance of markets to government, markets look pretty darn good The origins of the financial crisis and the Great Recession are widely attributed to "market failure." This refers primarily to the bad loans...