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Monday’s Economics Reading
6th October 2008
A selection of comment and analysis articles:
Roger Bootle writing in the Telegraph says that the time for caution on behalf of the MPC is long gone. The Bank of England risks taking interest rate caution to the point of recklessness
Anatole Kaletsky has another go at Hank Paulson It is essential to prevent a loss of confidence in banks
An FT editorial argues the case for the Chinese government to step up fiscal spending and boost domestic consumption as the global economic slowdown deepens China must step up spending
Stephen King writing in the Independent calls for concerted and decisive action to prevent a banking collapse and a depression Roosevelt’s lesson… a decisive act to break the psychology of depression
Tim Harford takes a different slant on the credit crunch and delves deeper into the concept of moral hazard - it is unavoidable? Time to drop the baggage that comes with moral hazard
Geoff Riley
Geoff Riley FRSA has been teaching Economics for over thirty years. He has over twenty years experience as Head of Economics at leading schools. He writes extensively and is a contributor and presenter on CPD conferences in the UK and overseas.