The sentiment among companies in Germany is on a downward trend. The ifo Business Climate Index fell from 87.0 points in July to 86.6 points in August. Companies assessed their current situation as worse. In addition, expectations were more pessimistic. The German economy is increasingly falling into crisis
Economics
Chris Dillow: OUTSOURCING: A TRANSACTIONS COST APPROACH
Leave the dogma behind, and the numbers tell a different story about privatisation: It is not cheaper, better, or more efficient. Read here
Finance
The Markup: Secretive Algorithm Will Now Determine Uber Driver Pay in Many US Cities
The company has long used ride time and mileage to decide driver pay but is now turning to an opaque calculation called “Upfront Fares” Read Here
Economics
Nick Shaxson: Tax justice and the coronavirus
The Covid-19 Coronavirus pandemic is, at least on available evidence, striking rich western countries the hardest so far. Lower-income countries will be hit hard too, however: massive capital flight is already underway. And in all […]
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